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

[xstr8guy]

BitFury doesn't open a new 20MW DC every month.
Both BitFury and Bitmaintech are at extremely low margins with their current tech.

Correct, they don't build one every month. They build one every two months.

What makes you say that? They've only built one 20MW DC afaik.

There seems to have been a pattern of datacenter deployment, the previous one was in georgia (I believe) and the last one in Iceland.

What pattern you are talking about? Do you know the size of the Iceland DC? Or the size of their previous DCs?

There are currently 3 Bitfury DCs, Finland, Iceland and Georgia according to this article...

http://www.datacenterknowledge.com/archives/2014/08/01/bitfury-asic-maker-builds-20mw-bitcoin-mining-data-center/

And try here for more info...

http://lmgtfy.com/?q=Bitfury+data+centers#

Please take a second to re-read what I said. The article doesn't say they have 3 datacenters, it says they have datacenters in 3 countries. You cant possibly think that each datacenter is 20MW. That would add at least 60-80PH to the network.

You are correct. The press release does state that they have DCs in 3 countries, not just 3 DCs.

Although I wouldn't find it surprising if Bitfury did indeed have 60-80PHs. They've been self-mining for a very long time and they claim that 40% of the network are Bitfury chips although do not claim the 40% as their own hash.

I also suspect that they have their fingers in a lot of other pies. MegaBigPower also runs some large DCs with BF chips. And we can't forget CEX/GHash also run BF hardware. I wouldn't be surprised if the Bitfury Group owned a piece of those operations too.

[BitCoin Operated Boy]

BitFury doesn't open a new 20MW DC every month.
Both BitFury and Bitmaintech are at extremely low margins with their current tech.

Correct, they don't build one every month. They build one every two months.

What makes you say that? They've only built one 20MW DC afaik.

There seems to have been a pattern of datacenter deployment, the previous one was in georgia (I believe) and the last one in Iceland.

What pattern you are talking about? Do you know the size of the Iceland DC? Or the size of their previous DCs?

There are currently 3 Bitfury DCs, Finland, Iceland and Georgia according to this article...

http://www.datacenterknowledge.com/archives/2014/08/01/bitfury-asic-maker-builds-20mw-bitcoin-mining-data-center/

And try here for more info...

http://lmgtfy.com/?q=Bitfury+data+centers#

There have been at least about 50 PH deployed within last 4 weeks so it looks like Bitfury have opened 2 massive DCs unless Bitmain have opened some too

[Guy Corem]

Do you have any idea how low Bitfury's margins are?

The 3500BF (http://bitfury.org/products) cost is about 0.65 $/GHs
They stopped selling when the $/GHs went below 1 $/GHs
Their plan is to replace the hashing boards with more advanced custom 40nm when it will be ready. It's delayed.

[Guy Corem]

... MegaBigPower also runs some large DCs with BF chips ...

Rev1 only

[RawDog]

Oh shit!  Another full week come and gone - no new miners shipped.  WTF?  Spondoolies is now just like KnC.  

Vague answers, no information, no shipments, constant excuses, blame on upstream providers.  I now seriously doubt they will ever get to the bottom of their SP30 deal.  As they are very thinly financed with a HUGE liability dragging them down, I'd say they are on the fast road to bankruptcy.  The others at least floated their mistakes with the coins they were mining.  But since SPTech doesn't even do that, they've got nothing remaining in their accounts.  That and they owe: 'compensation'.  I just don't see this company pulling it off.  They will soon announce the doors closing and you will be surprised that you read about it first from the one and only famed RawDog!!  

What up Fucktards!

[Guy Corem]

... There have been at least about 50 PH deployed within last 4 weeks ...

Mostly BitFury and Innosilicon.
Regarding the later, from the amount of ASICs requests we're getting from China, it seems that CoinCraft A1 is towards the end of it's life.

[MrTeal]

... There have been at least about 50 PH deployed within last 4 weeks ...

Mostly BitFury and Innosilicon.
Regarding the later, from the amount of ASICs requests we're getting from China, it seems that CoinCraft A1 is towards the end of it's life.

Is there a specific email you use for technical requests? I sent a general email awhile ago about getting information on doing a RockerBox design, but I have yet to hear anything back.
Thanks.

[jimmothy]

... MegaBigPower also runs some large DCs with BF chips ...

Rev1 only

MBP currently has 10P worth of gen1 and claim that their next gen (0.5w/gh at the wall) is almost complete.

I don't see bitfury building many more datacenters. They can easily double their hashrate when their next gen is ready.

Mostly BitFury and Innosilicon.
Regarding the later, from the amount of ASICs requests we're getting from China, it seems that CoinCraft A1 is towards the end of it's life.

Is this your guess or do you have a source? I don't know why anyone would buy/produce a1 miners when the chips are twice as expensive as BE200.

[Guy Corem]

... There have been at least about 50 PH deployed within last 4 weeks ...

Mostly BitFury and Innosilicon.
Regarding the later, from the amount of ASICs requests we're getting from China, it seems that CoinCraft A1 is towards the end of it's life.

Is there a specific email you use for technical requests? I sent a general email awhile ago about getting information on doing a RockerBox design, but I have yet to hear anything back.
Thanks.

If you don't get a reply from info@, support@ or sales@ within 48 hours, please email again. We're overwhelmed with requests.
Regarding RockerBox, take into account that TSMC lead time is over 3 months and beside small number of samples, we don't have stock.

[Guy Corem]

MBP currently has 10P worth of gen1 and claim that their next gen (0.5w/gh at the wall) is almost complete.

Under NDA

I don't know why anyone would buy/produce a1 miners when the chips are twice as expensive as BE200.

AM wasn't able to sell their inferior gen3 in China, this is why they reverted to self-mining and selling miners again.
We're getting 2 requests each day from system integrators that currently using A1. Take a look at Discuss Fish growth

[jimmothy]

I don't know why anyone would buy/produce a1 miners when the chips are twice as expensive as BE200.

AM wasn't able to sell their inferior gen3 in China, this is why they reverted to self-mining and selling miners again.
We're getting 2 requests each day from system integrators that currently using A1. Take a look at Discuss Fish growth

Doesn't answer my question at all. Why is BE200 "inferior" despite being half the cost and equally efficient?

And what do you mean they weren't able to sell in china? How much PH do you think AM sold?

[wissam]

Hi Spondoolies,

As you know I have purchased 20 x SP30 devices with hosting expecting 6TH each for a total of 120TH while incurring on going hosting expenses for 20 devices ($24,000 every 3 months). So what this means my initial calculation is that I will make about USD 135,000 - hosting for 3 months for 20 devices ($24,000) = $111,000 return in 3 months.

Now because of your mistake I have to get 25 x SP30 with hosting each at the lower 4.5TH for a total of 112.50TH. And this calculation comes to USD 126,000 - hosting for 25 devices for 3 months ($30,000) = $96,000 in 3 months.

So basically you have compensated for the $/GH value and that's good thanks, but what about the extra $30,000 - $24,000 = $6,000 that I lost in hosting expenses and am going to continue losing every 3 months?

If you really wanted to deliver on your promise and keep your customers happy you would also adjust the cost of hosting for those customers that were affected because it's not our fault that you didn't do your job and delivered what you promised and we shouldn't have to incur that added hosting cost of which we always have to pay more from the time it starts until the time the machines go to the bins. That's an added expense of $6000 every 3 months for me!

We are not asking for something for free here, some of us have invested everything we have into this and that's a BIG risk and we TRUSTED you and your company only to be BETRAYED the way we did.

I suggest you re-evaluate your hosting costs for us customers that were affected and reduce the cost accordingly.

I intend to have you as my sole providers and my mining machines will keep growing with you, but if I see that I'm getting screwed like this then I can't accept that, this is simply unacceptable.

Also I suggest you maintain a public record of what order you have shipped/delivered so far on your Website so that we who are waiting can at least have an idea on how long we have to wait, because when we ask you you don't have an ETA and sometimes we don't even get a response to our emails. If you do this then the amount of emails that will be sent to you will reduce by a lot so it's a good idea to implement this.

Let us know what you are going to do about the hosting expense that we incurred because of your short coming as mentioned above.

[RawDog]

We are not asking for something for free here, some of us have invested everything we have into this and that's a BIG risk and we TRUSTED you and your company only to be BETRAYED the way we did.

Also I suggest you maintain a public record of what order you have shipped/delivered so far on your Website so that we who are waiting can at least have an idea on how long we have to wait, because when we ask you you don't have an ETA and sometimes we don't even get a response to our emails. If you do this then the amount of emails that will be sent to you will reduce by a lot so it's a good idea to implement this.

Amen brother.  
At first, no one trusted them.  Then, they laid on the very heavy assurances: "Seriously, we know what we are doing", "we will deliver", et cetera.  So then, everyone trusted them and sent a shitload of money.  They said they weren't like the other guys.

Now, they fail to deliver.  Deliver a very inferior version which costs more to operate.  Don't tell anyone about the compensation details.  Don't answer emails.  Don't inform as to the state of manufacturing progress.  Lies, silence, and bullshit.  

They are now just like KnC.  

Why the fuck should they care?  They already got your $$$.  "We are not like the other guys" is just bullcrap to win your trust.  They are exactly like the other guys.  

They said they'd be sending out massive amounts of GroupBuy at the end of this week.  Nothing.  

Has anyone heard an apology for us having to listen to their supreme confidence while having to suffer the financial loss of a low performance machine?  Nope. 

[Biodom]

Spondoolies: a question...
Is there a hardware ID or other identifier (other than a order number) that would identify a machine.
Is this information being transmitted to the owner upon order fulfillment?
The reason-in a hosting environment, with many machines coming and going, mistakes could be made.
How can we ensure that a particular miner is mine and not someone else's?
I know that this is not your problem, but S3 all look the same and if there was such an ID, I don't know where to look (in case of S3)

[RawDog]

Spondoolies: a question...
Is there a hardware ID or other identifier (other than a order number) that would identify a machine.
Is this information being transmitted to the owner upon order fulfillment?
The reason-in a hosting environment, with many machines coming and going, mistakes could be made.
How can we ensure that a particular miner is mine and not someone else's?
I know that this is not your problem, but S3 all look the same and if there was such an ID, I don't know where to look (in case of S3)

Yeah right.  When Toomin gets a broken machine, you can bet it will never be one of 'his'.  Rather, only the customer machines will be those poorly performing and subject to malfunctions.  The joy of being the host I guess.  lol.  Suckers.

[Guy Corem]

Hi Spondoolies ...

Contact sales@ and we'll work something out.
We can't reduce our hosting costs due to the electricity cost in Israel. We're hosting at our own cost.
What we can do is ship to a cheaper DC operated by one of our partners.

[Guy Corem]

Spondoolies: a question...
Is there a hardware ID or other identifier (other than a order number) that would identify a machine.
Is this information being transmitted to the owner upon order fulfillment?
The reason-in a hosting environment, with many machines coming and going, mistakes could be made.
How can we ensure that a particular miner is mine and not someone else's?
I know that this is not your problem, but S3 all look the same and if there was such an ID, I don't know where to look (in case of S3)

The machines has serial ID.

[wissam]

We are not asking for something for free here, some of us have invested everything we have into this and that's a BIG risk and we TRUSTED you and your company only to be BETRAYED the way we did.

Also I suggest you maintain a public record of what order you have shipped/delivered so far on your Website so that we who are waiting can at least have an idea on how long we have to wait, because when we ask you you don't have an ETA and sometimes we don't even get a response to our emails. If you do this then the amount of emails that will be sent to you will reduce by a lot so it's a good idea to implement this.

Amen brother.  
At first, no one trusted them.  Then, they laid on the very heavy assurances: "Seriously, we know what we are doing", "we will deliver", et cetera.  So then, everyone trusted them and sent a shitload of money.  They said they weren't like the other guys.

Now, they fail to deliver.  Deliver a very inferior version which costs more to operate.  Don't tell anyone about the compensation details.  Don't answer emails.  Don't inform as to the state of manufacturing progress.  Lies, silence, and bullshit.  

They are now just like KnC.  

Why the fuck should they care?  They already got your $$$.  "We are not like the other guys" is just bullcrap to win your trust.  They are exactly like the other guys.  

They said they'd be sending out massive amounts of GroupBuy at the end of this week.  Nothing.  

Has anyone heard an apology for us having to listen to their supreme confidence while having to suffer the financial loss of a low performance machine?  Nope. 

Well they have the chance now to prove themselves to show IF they care or NOT, let's see what they have to say about this now.

Personally I can understand that sometimes things can fall short with new technology etc and I have NO problem with that, the problem I have is that they didn't FULLY compensate us for their short coming and that is NOT fair, we are losing a lot still, even with their current compensation plan of $/GH value.

If you wanted to make up for this Spondoolies and (We really hope you do) you would fix the hosting costs for the affected people and perhaps as a "Sorry" for all the issues you cost Us, offer us a one time first buy/first shipment of one of your future products that we may want to get since we lost mining time (a lot of mining time).

[Dr Gero]

To the black bitcoin miners market district trading SP30s for crack )

Did you get the crack or the SP30?

I have an SP30 on order, but I did find this comment funny  

[Biodom]

Spondoolies: a question...
Is there a hardware ID or other identifier (other than a order number) that would identify a machine.
Is this information being transmitted to the owner upon order fulfillment?
The reason-in a hosting environment, with many machines coming and going, mistakes could be made.
How can we ensure that a particular miner is mine and not someone else's?
I know that this is not your problem, but S3 all look the same and if there was such an ID, I don't know where to look (in case of S3)

The machines has serial ID.

that is visible in FW/SW?