[ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs

[Grix]

How many BTC do you folks predict the August and September SP30 machines will mine before they operates at a loss ?

August: 19 BTC
September: 16 BTC

Here is the calculation. Of course, it is just speculation, but at least it is based on regression instead of a static difficulty increase forecast: https://docs.google.com/spreadsheets/d/1P_rgP9XnBvuznWdRi7IUKizQHUR0DNxDrl08H90juzc/edit#gid=0

[raskul]

P2pool node in Israel now active and accepting miners, if you have your SP10 hosted with Spondoolies-Tech and you want to mine p2pool;

Middle East p2pool node is now active and accepting miners  

point your miners to;

http://me.centralcavern.uk:9332

username is your bitcoin wallet address
password can be anything.

good luck!

also Iceland - is.centralcavern.uk:9332
and Europe - eu.centralcavern.uk:9332

enjoy!  

[RoadStress]

P2pool node in Israel now active and accepting miners, if you have your SP10 hosted with Spondoolies-Tech and you want to mine p2pool;

Middle East p2pool node is now active and accepting miners  

point your miners to;

http://me.centralcavern.uk:9332

username is your bitcoin wallet address
password can be anything.

good luck!

also Iceland - is.centralcavern.uk:9332
and Europe - eu.centralcavern.uk:9332

enjoy!  

Thank you!

[BitCoin Operated Boy]

There's going to be a jump of almost 30 Petahash in 6 days.

Does anyone know the reasons why there is so large difficulty jump (around 25%) this time?

Some new mines being started somewhere? The hardware being replaced in established mines?

If so, do you know which mines and what is their Petahash input?

[klondike_bar]

There's going to be a jump of almost 30 Petahash in 6 days.

Does anyone know the reasons why there is so large difficulty jump (around 25%) this time?

Some new mines being started somewhere? The hardware being replaced in established mines?

If so, do you know which mines and what is their Petahash input?

a large part is variance. a few days of good luck after a few days of bad luck could cause huge jumps like this. If you flip a coin and get heads, tails, heads, heads, heads, tails, tails, tails, it does not mean that the physical properties of the coin changed during the last 6 tosses

[s1gs3gv]

a large part is variance.

Yeah, don't worry. Be happy. The variance will only last another 3-4 diff changes …

~L)L~

[opentoe]

How many BTC do you folks predict the August and September SP30 machines will mine before they operates at a loss ?

August: 19 BTC
September: 16 BTC

Here is the calculation. Of course, it is just speculation, but at least it is based on regression instead of a static difficulty increase forecast: https://docs.google.com/spreadsheets/d/1P_rgP9XnBvuznWdRi7IUKizQHUR0DNxDrl08H90juzc/edit#gid=0

And please note that's 2-3 years from now. Lets hope the hardware can keep up.

[Guy Corem]

I am actually eager to know when chips are scheduled to arrive at spondoolies´facilities.

Is it mid July?

Between July 20th and 25th, depending on how much we'll be able to pull in the assembly house.
We'll ship all July batch until the end of the month. It's a small batch.

Guy

[jimmothy]

My optimistic calculations: http://btcinvest.net/en/bitcoin-mining-profit-calculator.php?diff=17000000000&dcosts=5300&diff_mincrease=15&blpbtc=25&dhsmhs=6000000&diff_mincreasedecrease=3&btcusd=598.61&dpowcon=2700&btcusd_mincrease=1&pcost=0.15&calcweeks=100&dleadtime=6&action=calc

[s1gs3gv]

like the tradeblock calculator uses, is NOT realistic There is not a chance in hell the difficulty will be anywhere near 135G come 2015.

Reserved.

[s1gs3gv]

Watch out boys, only approved comments are allowed in this so called 'self-moderated' SPT thread. I think we need a new thread just for Spondooles ROI discussions.

[Grix]

like the tradeblock calculator uses, is NOT realistic There is not a chance in hell the difficulty will be anywhere near 135G come 2015.

Reserved.

Was my post deleted? 

[-ck]

No meaningful posts have been deleted but it has been split into new topics. Spondoolies have been very generous in never deleting any posts but the discussion is way off topic for hardware discussion. Much has been moved to mining speculation. Self moderated thread opening posters only have the ability to delete posts, not move them.

Alas there is limited scope for a decent topic split so the following exists:
https://bitcointalk.org/index.php?topic=663094.0

and another but I have to leave only one open
https://bitcointalk.org/index.php?topic=663087.0

so if you feel obliged to continue the discussion, use the former thread which has the less abusive posts. Some got lost as collateral damage due to the limited nature of the thread splitting feature for this forum, and for that I apologise.

[Collider]

No, it was moved.

@spondoolies

It is (sometimes) customary to post a short notice when you move parts of the thread into a new one.

Maybe it was a mod though.

[s1gs3gv]

No meaningful posts have been deleted but it has been split into new topics. Spondoolies have been very generous in never deleting any posts but the discussion is way off topic for hardware discussion. Much has been moved to mining speculation. Self moderated thread opening posters only have the ability to delete posts, not move them.

Alas there is limited scope for a decent topic split so the following exists:
https://bitcointalk.org/index.php?topic=663094.0

and another but I have to leave only one open
https://bitcointalk.org/index.php?topic=663087.0

so if you feel obliged to continue the discussion, use the former thread which has the less abusive posts. Some got lost as collateral damage due to the limited nature of the thread splitting feature for this forum, and for that I apologise.

Would you please explain why SP30 ROI estimates are off-topic here ? I'm having a hard time understanding the rules here.

[Biodom]

Would you please explain why SP30 ROI estimates are off-topic here ? I'm having a hard time understanding the rules here.

yes, since this hardware will not materialize for a month, hence no hardware to discuss. Are you mothballing this thread?

[-ck]

I had no problem with the spondoolies ROI estimates being here, but take a look at the direction that whole discussion was taking and it clearly had nothing to do with hardware by the end with name calling and what not. In the interest of not just deleting posts the discussion was kept together as best as the forum system allows. Note, no post was deleted or censored. The hardware subsection is meant to be mostly dry technical discussion as per the rules outlined here https://bitcointalk.org/index.php?topic=139380.0 and yes it's very hard to maintain that standard throughout the section but usually once someone starts complaining that's when we're even aware there is an issue on a thread.

[s1gs3gv]

I had no problem with the spondoolies ROI estimates being here, but take a look at the direction that whole discussion was taking and it clearly had nothing to do with hardware by the end with name calling and what not. In the interest of not just deleting posts the discussion was kept together as best as the forum system allows. Note, no post was deleted or censored. The hardware subsection is meant to be mostly dry technical discussion as per the rules outlined here https://bitcointalk.org/index.php?topic=139380.0 and yes it's very hard to maintain that standard throughout the section but usually once someone starts complaining that's when we're even aware there is an issue on a thread.

Thanks for your thoughtful reply.

Considering that most people interested in mining and considering a hardware purchase will probably read the threads in this section of the forum and likely miss discussions in the speculation section, would you agree that it is fair to allow non-abusive discussion of SP30 ROI in this thread in order to maintain a balanced discussion ?

[-ck]

I had no problem with the spondoolies ROI estimates being here, but take a look at the direction that whole discussion was taking and it clearly had nothing to do with hardware by the end with name calling and what not. In the interest of not just deleting posts the discussion was kept together as best as the forum system allows. Note, no post was deleted or censored. The hardware subsection is meant to be mostly dry technical discussion as per the rules outlined here https://bitcointalk.org/index.php?topic=139380.0 and yes it's very hard to maintain that standard throughout the section but usually once someone starts complaining that's when we're even aware there is an issue on a thread.

Thanks for your thoughtful reply.

Considering that most people interested in mining and considering a hardware purchase will probably read the threads in this section of the forum and likely miss discussions in the speculation section, would you agree that it is fair to allow non-abusive discussion of SP30 ROI in this thread in order to maintain a balanced discussion ?

Remember this is the hardware section for mostly technical discussion and announcements, BUT we are usually quite liberal with allowing discussion to wander, especially if the opening poster is happy for the discussion to veer off in that direction but it's very easy to suddenly find yourself in a discussion debating the ROI equation of some totally unrelated hardware like the Neptune when that happens. We usually don't intervene in self moderated threads since that defeats the purpose of self moderation unless there is open abuse or spam. The topic that caused the split degraded into the former.

I'm very happy to see discussions of the likelihood of recouping costs since I hate to see people throw their money away thinking they're buying some money making unicorn machine that will make them rich and that never happens. My personal view is you will never ever be able to buy hardware again that earns more than it cost you, meaning the only way to make money with mining hardware is to buy it, mine with it for a while and then sell it while it's still worth something, and avoid preorders like the plague. There was one preorder in the history of bitcoin ASIC mining that made an absolutely embarrassing killing profit for those who got it first and it tainted how people have thrown their money at manufacturers and scammers since, even though the conditions for that same thing happening will never ever happen again unless we can make quantum computers.

[Biodom]

I had no problem with the spondoolies ROI estimates being here, but take a look at the direction that whole discussion was taking and it clearly had nothing to do with hardware by the end with name calling and what not. In the interest of not just deleting posts the discussion was kept together as best as the forum system allows. Note, no post was deleted or censored. The hardware subsection is meant to be mostly dry technical discussion as per the rules outlined here https://bitcointalk.org/index.php?topic=139380.0 and yes it's very hard to maintain that standard throughout the section but usually once someone starts complaining that's when we're even aware there is an issue on a thread.

Thanks for your thoughtful reply.

Considering that most people interested in mining and considering a hardware purchase will probably read the threads in this section of the forum and likely miss discussions in the speculation section, would you agree that it is fair to allow non-abusive discussion of SP30 ROI in this thread in order to maintain a balanced discussion ?

Remember this is the hardware section for mostly technical discussion and announcements, BUT we are usually quite liberal with allowing discussion to wander, especially if the opening poster is happy for the discussion to veer off in that direction but it's very easy to suddenly find yourself in a discussion debating the ROI equation of some totally unrelated hardware like the Neptune when that happens. We usually don't intervene in self moderated threads since that defeats the purpose of self moderation unless there is open abuse or spam. The topic that caused the split degraded into the former.

I'm very happy to see discussions of the likelihood of recouping costs since I hate to see people throw their money away thinking they're buying some money making unicorn machine that will make them rich and that never happens. My personal view is you will never ever be able to buy hardware again that earns more than it cost you, meaning the only way to make money with mining hardware is to buy it, mine with it for a while and then sell it while it's still worth something, and avoid preorders like the plague. There was one preorder in the history of bitcoin ASIC mining that made an absolutely embarrassing killing profit for those who got it first and it tainted how people have thrown their money at manufacturers and scammers since, even though the conditions for that same thing happening will never ever happen again unless we can make quantum computers.

Thanks for a great, but disconcerting comment. It rings true, but many people (including myself) cannot believe it yet (guilty of preordering SP-30 even after the KnC debacle).