[CLOSED] BLITZ GB SP-Tech SP15 pre-order - 3TH/s - $2800 *** 0.93$/GH - 0.46W/GH

[RoadStress]

CLOSED

Status: 1/400

0.93$/GH - 0.46W/GH

Welcome to the first BLITZ Special Group Buy! At people's request SP-Tech might produce an "SP30 Home Edition" named SP15 which will be one ASIC board in SP30 2U enclosure with only one PSU. September shipping.

SP15 Specs(+-10%): 3TH/s - 1300W

Price:$2,800 with included FREE SHIPPING or 1 Free month of HOSTING

SPECIAL CONDITION: Minimum 400 units required for this Group Buy! If the requirement isn't met I will refund the reservation fee. Group Buy Deadline is 5 June 23:59 CET!


In order to commit and reserve your place, please send 0.05 BTC for every unit that you plan to purchaseto the wallet address below:
17mnZe8oxNauPjvruGDwpLya4o51xKq4Kt

(Add 0.0001 miners fee, to ensure the transaction arrives in time). Example: If you want 10 SP15 miners then send 0.5 BTC, if you want 17 SP15 miners then send 0.85 BTC.

PM me with the followings:
- your e-mail;
- transaction ID;
- your preffered payment method(Bitcoins, Dollars or Euros);
- want 1st month of free hosting or not

Payment Terms:
You're committing to send full payment when you place your reservation and after you get payment details from Spondoolies Tech.

Please note that the prices are in addition to the 0.05 BTC! The collected bitcoins will be spread 90% to one or more charities and/or bitcoin projects and 10% will go to me.

Discounts: No other discounts.

Notes: All posts about rising difficulty, ROI and pre-orders will be deleted. This is a Blitz GB and it's more important for people to find relevant answers. For other topics we can have separate threads.

[RoadStress]

Reserved!

[zulover]

is that correct , september shipping?

[RoadStress]

is that correct , september shipping?

Yes. SP30 August Batch is sold out!

[Gyrsur]

don't buy miners with btc use fiat instead. price will go up. just be warned. see my signature.

[RoadStress]

don't buy miners with btc use fiat instead. price will go up. just be warned. see my signature.

Unless the exchange rate is big

[RoadStress]

First reservation received!

[Tupsu]

1x Reserved!

[zulover]

don't buy miners with btc use fiat instead. price will go up. just be warned. see my signature.

true but reality fiat is usually scarce for most of us, especially if we invested a lot initially.

Septembers along time 3ths will be the 1th ,and preorders are so last year, but you could let spondooly off because they do deliver.

[wpgdeez]

Not worth the risk for razor thin margins.

[kendog77]

Not worth the risk for razor thin margins.

Agreed. Very high level calculations show that this unit costs about half as much per GH as currently available mining hardware, uses half as much electricity, but won't be delivered for 3+ months.

If difficulty goes up more than 2x over the next 3 months, which is VERY likely, this is not a very good buy. Money would be much better spent deploying hardware now at twice the cost per GH and mining with it for the next 3 months.

[RoadStress]

Not worth the risk for razor thin margins.

Agreed. Very high level calculations show that this unit costs about half per GH as much as currently available mining hardware, uses half as much electricity, but won't be delivered for 3+ months.

If difficulty goes up more than 2x over the next 3 months, which is VERY likely, this is not a very good buy. Money would be much better spent deploying hardware now at twice the cost per GH and mining with it for the next 3 months.

Well people showed interest about this kind of product:

SP-30 Home Edition?  So... 50% of the hash rate of the SP-30 is 2.7TH/s running on a single PSU?  Quiet?  Wow... effectively double the hash power of the SP-10 that I don't need to have a personal data center to run.  Um... yes please!

[kendog77]

Not worth the risk for razor thin margins.

Agreed. Very high level calculations show that this unit costs about half per GH as much as currently available mining hardware, uses half as much electricity, but won't be delivered for 3+ months.

If difficulty goes up more than 2x over the next 3 months, which is VERY likely, this is not a very good buy. Money would be much better spent deploying hardware now at twice the cost per GH and mining with it for the next 3 months.

Well people showed interest about this kind of product:

SP-30 Home Edition?  So... 50% of the hash rate of the SP-30 is 2.7TH/s running on a single PSU?  Quiet?  Wow... effectively double the hash power of the SP-10 that I don't need to have a personal data center to run.  Um... yes please!

The product itself looks very good. It's the three month pre-order at only half the cost of currently available hardware that is not so good, but to each their own. If the price of BTC is much higher in September than it is now, this could still work out OK for buyers in fiat terms.

I can't really blame spondoolies-tech for trying to presell as much hardware as they possibly can because it offloads their risk onto buyers.

[GSpgh]

when would i need to pay the $2800?

[RoadStress]

when would i need to pay the $2800?

After there are 400 units reserved. If reservation isn't met I will return you the reservation fee.

The product itself looks very good. It's the three month pre-order at only half the cost of currently available hardware that is not so good, but to each their own. If the price of BTC is much higher in September than it is now, this could still work out OK for buyers in fiat terms.

I can't really blame spondoolies-tech for trying to presell as much hardware as they possibly can because it offloads their risk onto buyers.

They are not offloading the risk onto buyers because there is not risk. They are trying to secure a supply chain and the advantages are numerous for doing that.

[Marvell1]

when would i need to pay the $2800?

After there are 400 units reserved. If reservation isn't met I will return you the reservation fee.

The product itself looks very good. It's the three month pre-order at only half the cost of currently available hardware that is not so good, but to each their own. If the price of BTC is much higher in September than it is now, this could still work out OK for buyers in fiat terms.

I can't really blame spondoolies-tech for trying to presell as much hardware as they possibly can because it offloads their risk onto buyers.

They are not offloading the risk onto buyers because there is not risk. They are trying to secure a supply chain and the advantages are numerous for doing that.

Lol that is a bit disingenuous Road , saying there is no risk.  And this is coming from someone who ordered sp30s for Aug deilvery.  There is a ton of risk the main one being that the price of BTC falls off a cliff along with high diff which makes these machines nothing but expensive paperweights.

I could name more but you get my drift.  Yes its a lesser Risk than Pr-ordering from BA or KNC but there is ALWAYS a risk to the per-orderer.

[Majixagi]

They are not offloading the risk onto buyers because there is not risk. They are trying to secure a supply chain and the advantages are numerous for doing that.

He's talking about market risk. The company itself is probably the most solid in the industry.

Mining companies would have you believe that the only reasons they build and sell equipment rather than build and mine equipment are altruistic: For the good of the network, bitcoin in general, etc. Reality is that, just like in every industry, they are doing it for a managed risk/profit margin to people who have slightly different needs or desires. By doing presales, they guarantee their revenue even if the market becomes saturated with equipment, which it just might.

Any rate, we're way off topic now and in the OP you wanted this thread to stay on topic and ignore profitability debates. I'm really interested in getting one of these myself, but I need to make sure I have the coin first. Unfortunately the interest in this isn't what I expected it would be when I first saw this. I'm hoping we can make the 400 to even make this a possibility.

[Tigggger]

Whilst I appreciate your efforts and I've been in both the previous group buys....

I'd much rather have a deal on the SP10's that are in stock, the price hasn't moved for a while and difficulty has gone up, as much as I love mine I can't pull the trigger on any more at current price.

[GSpgh]

when would i need to pay the $2800?

After there are 400 units reserved. If reservation isn't met I will return you the reservation fee.

thanks for the lightning quick response

just some clarification if you dont mind

so if by june 5 you collect 400 reservations i would get request/instructions/whatever for the full payment

is that immediately, what is the deadline for the actual payment?

what if you collect 400 reservations but some people dont pay, is the group buy still valid?

what if you collect 400 reservations but they decide to not make the sp15, i guess thats a possibility too?

[RoadStress]

They are not offloading the risk onto buyers because there is not risk. They are trying to secure a supply chain and the advantages are numerous for doing that.

Lol that is a bit disingenuous Road , saying there is no risk.  And this is coming from someone who ordered sp30s for Aug deilvery.  There is a ton of risk the main one being that the price of BTC falls off a cliff along with high diff which makes these machines nothing but expensive paperweights.

I could name more but you get my drift.  Yes its a lesser Risk than Pr-ordering from BA or KNC but there is ALWAYS a risk to the per-orderer.

Of course I was talking about the non-delivery/being late risk. The difficulty and the exchange rate isn't in SP-Tech's hands.

He's talking about market risk. The company itself is probably the most solid in the industry.

Mining companies would have you believe that the only reasons they build and sell equipment rather than build and mine equipment are altruistic: For the good of the network, bitcoin in general, etc. Reality is that, just like in every industry, they are doing it for a managed risk/profit margin to people who have slightly different needs or desires. By doing presales, they guarantee their revenue even if the market becomes saturated with equipment, which it just might.

Any rate, we're way off topic now and in the OP you wanted this thread to stay on topic and ignore profitability debates. I'm really interested in getting one of these myself, but I need to make sure I have the coin first. Unfortunately the interest in this isn't what I expected it would be when I first saw this. I'm hoping we can make the 400 to even make this a possibility.

Don't you think that this is good for further and better development?

thanks for the lightning quick response

just some clarification if you dont mind

so if by june 5 you collect 400 reservations i would get request/instructions/whatever for the full payment

is that immediately, what is the deadline for the actual payment?

what if you collect 400 reservations but some people dont pay, is the group buy still valid?

what if you collect 400 reservations but they decide to not make the sp15, i guess thats a possibility too?

If by 5 June there are at least 400 reservations you would be required to pay immediately. I think that a decent 2-3 days are allowed extra for any type of payment that you wish to use.

If there are 400 reservations but some people won't pay there will be a decision right then depending on various factors. Can't say anything for sure, but I can say that I will try to make it decent.(like I won't cancel the GB for missing 3-4 units or stuff like that)

If there are 400 units paid there will be a SP15 for sure. Maybe it will be available for some future batches, but if the requirement won't be met then there is a good possibility that the "Home Edition" miners era is dead.