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

[Collider]

Let´s wait for the exact performance numbers so we can work out the amount and form of appropriate compensation.

Atleast spondoolies has some decent IP and venture funding, so the risk of them actually defaulting should be quite low.


If die shrinks were such an easy business, Bitfury would have had a 0.4W/GH chip for half a year now.

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[RoadStress]

There was 30PH that came online earlier this week...  Something is coming soon...

There is no way to determine the network total hashrate either than just looking at block generation speed and those 30PH might be just variance. Why would anyone bring online 30PH to just shut it down immediately? It makes no sense.

I strongly suspect the 30TH was caused by variance and by Bitmain manufacturing, testing, and shipping S3s. Keep in mind that S3s add to the network hashrate when they are being tested, but then get turned off for a couple of days while they are being shipped all around the world.

I don't think Bitmain sold mining hardware worth of ~30M$ and it seems impossible for them to just build that amount of hardware. Also it seems hard to believe that they have the capacity to bring 30TH/s 30PH/s online all at once. Mass deployment isn't that easy at it seems and bringing online ~40k-50k S3s seems very unlikely to me.

And so it begins (well...with this BS hardware vendor).

I got railed for calling out this CO. and the people stepping on women and children to line up for these bullshit non existent pieces of hardware and now gee...guess fucking what?  THEY WON'T EVER DELIVER.

This will not end until the mining community stops giving unknown random people on the Internet millions of dollars based on nothing more than an empty promise.

I am expecting apologies for your retardness when I will get my SP30 in a couple of days.

[jamesg]

I sure hope everything is OK with the rockerbox chip and feel for anyone who is in on the pre-order.

Unfortunately, pre-orders put all the risk on the purchaser and leave the manufacturer with tons of money whether they ship on time or not.

I've definitely been there and won't do it again.

[wpgdeez]

I sure hope everything is OK with the rockerbox chip and feel for anyone who is in on the pre-order.

Unfortunately, pre-orders put all the risk on the purchaser and leave the manufacturer with tons of money whether they ship on time or not.

I've definitely been there and won't do it again.

That's a lot to be said coming from the guy that was one of the few that came out on top with BFL.

[BitCoin Operated Boy]

I prepared myself that there may be some problems with the asics, especially after recent silence and lack of updates.

RockerBox ASICs failed to fulfil the expectations/specifications, so they mentioned compensation.
I am happy to receive extra SP10 to make up/fill up lost hashing power in SP30.
It all depends how much less than 6TH/s hashing power each SP30 is going to have.

[Collider]

The problem I see is as follows:

Lower hashrate (!and power efficiency) entitles to compensation. This could come in the form of:

- additional delivered hashpower (complicated due to leadtime, fractual compensation ie 1/4 sp30 impractical)
- additional hosted hashpower (leadtime, but higher flexibility ie 1/4 sp30 equivalent can be awarded)
- refund of an appropriate amount, alternatively discounts for additional units (choice of the customer)

aswell as hybrid solutions:
- hosted units could be billed the same 310$/ 6TH regardless of efficiency, compensation only needed for possible lower hashrate but not efficiency


Finding a good solution to this is obviously in spondoolies and their customers best interest, so let´s see how the final numbers will turn out.

[DevonMiner]

The situation is this: After receiving the first batch of RockerBox ASICs, our initial results show a lower hash rate than expected.

Whilst this is not the best of news, you have to hand it to Guy for being honest and upfront once the problem was discovered, many companies wouldn't have been so quick.

I'm with others ... don't judge yet ... let them test and report back, I'm sure they will do the very best they can for people with orders, they've been consistent with everything else so far.

[Biodom]

The problem I see is as follows:

Lower hashrate (!and power efficiency) entitles to compensation. This could come in the form of:

- additional delivered hashpower (complicated due to leadtime, fractual compensation ie 1/4 sp30 impractical)
- additional hosted hashpower (leadtime, but higher flexibility ie 1/4 sp30 equivalent can be awarded)
- refund of an appropriate amount, alternatively discounts for additional units (choice of the customer)

aswell as hybrid solutions:
- hosted units could be billed the same 310$/ 6TH hashrate regardless of efficiency, compensation only needed for possible lower hashrate but not efficiency

discounts for additional units is NOT a proper compensation, unless it is just one of multiple choices, but we should just wait-it is all guesswork for now..

[tempestb]

Lessons learned from Black Arrow...

1.  Do not promise anyone compensation specifics because whatever you offer now won't be good enough a week later.  Wait until you're shipping to announce compensation specifics.

2.  Expect refund requests, a lot of them.  Especially if you're late.

3.  Expect a lot of trolling.

and lastly...

4.  Continue to communicate with your customers.  This is most important.  What you promised them was a failure.  So now you need to shore up their confidence that you will do right by them.

Presentation over, there are snacks and coffee in the lobby.  Thanks for coming.

[wpgdeez]

The situation is this: After receiving the first batch of RockerBox ASICs, our initial results show a lower hash rate than expected.

Whilst this is not the best of news, you have to hand it to Guy for being honest and upfront once the problem was discovered, many companies wouldn't have been so quick.

I'm with others ... don't judge yet ... let them test and report back, I'm sure they will do the very best they can for people with orders, they've been consistent with everything else so far.

I would have to agree with you, the transparency is refreshing.

[philipma1957]

The situation is this: After receiving the first batch of RockerBox ASICs, our initial results show a lower hash rate than expected.

Whilst this is not the best of news, you have to hand it to Guy for being honest and upfront once the problem was discovered, many companies wouldn't have been so quick.

I'm with others ... don't judge yet ... let them test and report back, I'm sure they will do the very best they can for people with orders, they've been consistent with everything else so far.

I would have to agree with you, the transparency is refreshing.

it boils down to what you get. on time delivery of   5th at .5w sp30 is not a world ending event.

 a simple refund  fixes the issue.

more complex question would be   5th at .7 watts with a long delay. 

or worse 6th at .8 watts.

Feeling better about my choice to do s-3's piece meal 2 at a time.

[Epoch]

SP-Tech says delivery dates will not be impacted. This means that hashrate will be constained by the 2400W power envelope; power supplies have already been qualified.

So if, for example, the chip needs 0.8W/GH at the system level then the SP30 will be a 3TH/s box drawing 2400W. If it is 0.6W/GH then you can have 4TH/s in the same box.

[bobsmoke]

Hello, for those who received a SP10 in Europe or US could you please how much you paid for customs?
I am trying to get an estimate how much will be the cost of it...

thank you
bobsmoke

[Collider]

Hello, for those who received a SP10 in Europe or US could you please how much you paid for customs?
I am trying to get an estimate how much will be the cost of it...

None in the US, Europe according to your local VAT.

[jamesg]

SP-Tech says delivery dates will not be impacted. This means that hashrate will be constained by the 2400W power envelope; power supplies have already been qualified.

So if, for example, the chip needs 0.8W/GH at the system level then the SP30 will be a 3TH/s box drawing 2400W. If it is 0.6W/GH then you can have 4TH/s in the same box.

Reading this brings back memories.

They are quoting best case power estimates and guess what, if they don't come in on spec, the power supplies chosen won't be able to handle extra capacity so they'll have to completely redesign the PCB and the box will end up running slowing at the same wattage.

They may or may not need a pcb redesign, guess we'll find out soon enough.

[RoadStress]

SP-Tech says delivery dates will not be impacted. This means that hashrate will be constained by the 2400W power envelope; power supplies have already been qualified.

So if, for example, the chip needs 0.8W/GH at the system level then the SP30 will be a 3TH/s box drawing 2400W. If it is 0.6W/GH then you can have 4TH/s in the same box.

The SP10 PSU is running at a nice overhead. I'm expecting SP30 PSU to be able to deliver more than 2400W.

They may or may not need a pcb redesign, guess we'll find out soon enough.

You are mistaking SP-Tech with BFL.

[Marvell1]

I prepared myself that there may be some problems with the asics, especially after recent silence and lack of updates.

RockerBox ASICs failed to fulfil the expectations/specifications, so they mentioned compensation.
I am happy to receive extra SP10 to make up/fill up lost hashing power in SP30.
It all depends how much less than 6TH/s hashing power each SP30 is going to have.

+1

[bbxx]

Can you at least stop with the false advertising?

Or has there ever been a time where you offered the best w/gh and $/gh?

Really?

I paid 2 x SP30 for under .7$ / gh/s DELIVERED to Norway... that is better than anything else right now.

It will have 0.34 w/gh per chip... we can test that when it gets plugged in next month.

I don't find anything FALSE here.

Seriously you are bashing these guys given the other shameful companies still hocking wares here in Bitcoinland? Come on Jimmothy you are being more than transparent here Spondoolies Tech is not claiming anything that they can NOT deliver. They are unlike many of the other companies out there cause they do have a VERY professional team. One of the best in this community. You would have to agree to that.

This sort of targeting of Spondoolies seems very out of place given the real problems the community faces. You  have been watching them provide exemplar worthy customer service right? I mean serious they have gone out of their way to make customers happy well outside the basic "contract" for miners. Seriously there are few if any flies on their shit.

you have paid for preorder
you are not hashing
you have frozen your money
you will not mine back your btc
you are hoping that miner will be on time (95% preorders are not)
you are hoping that miner will have advertised specs (most preorders have not)
you are hoping that miner/chips will not be held by customs (avalon case)
you are hoping that difilcuty in september will be low (it wont be)

better go play just-dice...
or buy hardware in stock

bic, sorry, your dice roll ended as usual,

sp30 will not be on time, will be under advertised specs and so on...

good that diffilcuty is not skyrocketing...
but i am hashing and you have frozen assets.

[philipma1957]

SP-Tech says delivery dates will not be impacted. This means that hashrate will be constained by the 2400W power envelope; power supplies have already been qualified.

So if, for example, the chip needs 0.8W/GH at the system level then the SP30 will be a 3TH/s box drawing 2400W. If it is 0.6W/GH then you can have 4TH/s in the same box.

good points.

so if delivery is  on time.

  the question is does the gear do 5th or 4th?

5th would call for  17% refund

4th  would call for  33% refund.

[Collider]

The question is does the gear do 5th or 4th?

5th would call for  17% refund

4th  would call for  33% refund.

Actually, it would call for a higher refund as the power efficiency would also be impacted by either 17% or 33% (in your example).

It would call for an additional 500$ refund if the power efficiency would be off by 17%. (calculated on a basis of 100$/kW/m hosting cost and maximum power draw of 2.7kW at the wall, over one year only)

This is a conservative estimate, but let´s wait until final specs are released.