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

[TheJuice]

interesting offering. We will see if the price can come in line. Needs to be sub 1k to sell in any quantities.

[dogie]

and charging you 100$/kW/m in electricity.....

Which isn't that far off seeing as it includes housing and maintenance.

[Biodom]

and charging you 100$/kW/m in electricity.....

Which isn't that far off seeing as it includes housing and maintenance.

exactly..why is $100kw/mo outrageously high, but $99/kw/mo-as great as it can possibly be (for some other hosting sites mentioned here).

[TheJuice]

While the SP20 has what appears to be attractive specs depending on the price, it's really too little to late.

Currently 1.6THs will only earn $14 per day before electric costs and that will be substantially lower by delivery in October. It's not much better than having a handful of USB Block Erupters a year ago. 

Yeah, isn't it crazy. This year is very strange: ~70 fold difficulty increase since last November, but more than 50% BTC price decrease.
I would have never guessed that this would be the case. I don't think that this dichotomy can continue much longer, but who knows.

At 100 billion difficultyis where the 1gh/w miners become uunprofitable. To me that's around the upper limit.

[Biodom]

interesting offering. We will see if the price can come in line. Needs to be sub 1k to sell in any quantities.

price should depend on when it starts shipping.

[ciprian220]

Probably a world record for hashing density.
Extremely low cost and effective deployment method. Behind the SP30s are huge fans.



Credit: Cowboyminer mining cooperative.

I'd hate to be the one that paid that invoice. If he's not getting free electricity it is a tough pill to swallow. UNLESS Mr. Cowboy got such an exceptional price from buying so many. It is kind of cool seeing so many of them together. He must of took out all the marijuana plants and lights and started a bitcoin venture.

WOOOW 

[Collider]

and charging you 100$/kW/m in electricity.....

Which isn't that far off seeing as it includes housing and maintenance.

exactly..why is $100kw/mo outrageously high, but $99/kw/mo-as great as it can possibly be (for some other hosting sites mentioned here).

I am not saying it is outrageous, BUT the combination of inefficient 1W/GH equipment AND rather high hosting costs of ~14ct/kWh is surely suboptimal.

With electricity already at 37% of revenue today, it seems very unlikely ROI can be achieved on these "hashnest" contracts.


When offering a managed mining solution, one would expect savings due to the economy of scales to be passed on to the customer.
This, aswell as very competitive power pricing in some locations of the world, would help both the mining provider aswell as the customer to increase their profit, while remaining competitive even longer.


As a side-note, Chinese electricity is amongst the "dirtiest" in the world, with really high CO² emissions aswell as other, hugely polluting substances (due to mostly coal-fired power plants).
In my personal opinion, one should try and mine with the least environmental impact possible, utlizing a maximum of renewable (and often cheaper!) electricity sources, whenever possible.

[zvisha]

Hi all
The line of SP30 will be renamed to SP3x in the SW.
SW version 2.3.43 will be the last SW release downloaded by machines identified as SP30.
After that it will request from SW update server SW for SP3x, and will be updated with 2.3.44 which is SP3x.

So till you updated to 2.3.43 you will not see any new SW releases in your SW upgrade menu.

[Master One]

In preparation of the SP31 and SP35 ...

HA! Caught you before you could edit your posting!  

SP35? Yeah, keep it coming!

Holy cow, SP is going to the moon! So we are now talking SP20, SP31 and SP35! Maybe there is finally something in the line which can actually make me reach a positive ROI with my 0.1093 €/kWh ~ 0.1415 $/kWh.

[zvisha]

In preparation of the SP31 and SP35 ...

HA! Caught you before you could edit your posting!  

SP35? Yeah, keep it coming!

Holy cow, SP is going to the moon! So we are now talking SP20, SP31 and SP35! Maybe there is finally something in the line which can actually make me reach a positive ROI with my 0.1093 €/kWh ~ 0.1415 $/kWh.

Damn
There is the SP3x line and the SP2x line.
The FW images will be same for all SP3x, and different for all SP2x.

[blaiser]

I saw where Spondoolies-Tech SP20 was mentioned...

Thank you Guy and Corem!

~Blaise

CoinDesk: "Mining Roundup: New Viper Tests and Bitmain’s Debut Cloud Mining Service"
http://www.coindesk.com/mining-roundup-new-tests-viper-look-inside-bitmains-bitcoin-factory/

"In a recent conversation with CoinDesk, Spondoolies CEO Guy Corem noted that the move to data centers is good for the industry, but that companies need to do their part in contributing to the goal of a truly decentralized network of miners."

Corem said:

“We fight for the small guys. Small, capable miners. That’s what we’re trying to do and we support them.”

[Marvell1]

Hmm so i,m sitting on 4 1300 watt gold rated power supplies from my previous scrypt mining operation which i parted out last month.

was tying to sell them on eBay but got tired of the stupid low ball offers.  They all cost over $200 and no one seems to want to want to pay more than $100

so decided to hang on to them.

Now since I am waiting for a sp30 august batch coupon and with the release of the sp20 looming it  , depending on the price with my PSU's sitting here it might be more cost effective for me to grab a bunch of sp20's since I already paid for all these PSU's.

any thoughts ?

[wh00per]

I guess you'll need 3 x SP30 coupons to cover completely 2 x SP20 miners .. if I do the math right and if the SP20 price is somewhere around $1100 ..

[lowbander80]

I think mentioned before coupons are only for sp31 cant be used with other miners

[Biodom]

I think mentioned before coupons are only for sp31 cant be used with other miners

that was before the existence of Sp-20 and Sp-35 (whatever this is) was partially revealed. In any case, you can always use cash rebate.

[JPage]

Probably a world record for hashing density.

Looks like about 2 Petahash / second or about $500,000 / month at today's difficulty

[Biffa]

I think mentioned before coupons are only for sp31 cant be used with other miners

that was before the existence of Sp-20 and Sp-35 (whatever this is) was partially revealed. In any case, you can always use cash rebate.

Due to a technical restriction the discount coupons are valid only for SP31. Should you choose to hang on to them for future products please contact us and we will replace the coupon.

[Biffa]

Probably a world record for hashing density.

Looks like about 2 Petahash / second or about $500,000 / month at today's difficulty

Really?
Top shelves: 9 x 3 x 2 x 4.5TH = 243TH
Middle shelves: 8 x 3 x 2 x 4.5TH = 216TH
Bottom shelves: 8 x 3 x 2 x 4.5TH = 216TH

Total = 675TH

[wh00per]

Close, I was counting there 151 units ..  679.5 Th/s [x 0.082 BTC/day (eligius) =] or 55.7 BTC/day ~ $26,299.36 /day [when BTC/USD = $472 (btc-e)] while eating 10.872MWh electricity daily (at 3 kW ea, in 24h).

27 - 25
24 - 27
24 - 24

[Marvell1]

Probably a world record for hashing density.

Looks like about 2 Petahash / second or about $500,000 / month at today's difficulty

Really?
Top shelves: 9 x 3 x 2 x 4.5TH = 243TH
Middle shelves: 8 x 3 x 2 x 4.5TH = 216TH
Bottom shelves: 8 x 3 x 2 x 4.5TH = 216TH

Total = 675TH

Its whales like this that ruin the echo system for everyone , I'm hoping they at least bought thier hardware with BTC however i sincerly doubt it