Dr Charles
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Activity: 1708
Merit: 1080
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February 25, 2015, 07:30:38 PM |
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Its getting very expensive because of a monopoly of the technology, or lack or competition, or monopolizing the the industry because of trade secrets and cost of development, to mine a speculative crypto currency.
I think the trick here is that Bitcoin was never meant to be a speculative investment but rather a payment and wealth transfer system.
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takagari
Legendary
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Activity: 1050
Merit: 1000
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February 25, 2015, 10:02:41 PM |
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Its getting very expensive because of a monopoly of the technology, or lack or competition, or monopolizing the the industry because of trade secrets and cost of development, to mine a speculative crypto currency.
Because the people developing the miners, are realizing it's easier and more profitable to deal with big farms, or simply mine for themselves, than to deal with every whiney ass customer with a complaint. If spondoolie is smart, they release bulk sales only, and allow only authorized dealers to resell, let them deal with the people. Let spon spend their time on new tech!
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stonerider
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February 26, 2015, 04:07:43 PM |
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its not dead just noody is releasing any machines. im screwed
Who is this "noody"? Never heard of the company.
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bgibso01
Legendary
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Activity: 1218
Merit: 1001
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February 26, 2015, 04:18:29 PM |
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Its getting very expensive because of a monopoly of the technology, or lack or competition, or monopolizing the the industry because of trade secrets and cost of development, to mine a speculative crypto currency.
Because the people developing the miners, are realizing it's easier and more profitable to deal with big farms, or simply mine for themselves, than to deal with every whiney ass customer with a complaint. If spondoolie is smart, they release bulk sales only, and allow only authorized dealers to resell, let them deal with the people. Let spon spend their time on new tech! That philosophy was declared by BFL Josh. Not sure how it's going to work out for them in the long run.
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ChineseSavior
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February 27, 2015, 06:15:50 AM |
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Its getting very expensive because of a monopoly of the technology, or lack or competition, or monopolizing the the industry because of trade secrets and cost of development, to mine a speculative crypto currency.
Because the people developing the miners, are realizing it's easier and more profitable to deal with big farms, or simply mine for themselves, than to deal with every whiney ass customer with a complaint. If spondoolie is smart, they release bulk sales only, and allow only authorized dealers to resell, let them deal with the people. Let spon spend their time on new tech! That philosophy was declared by BFL Josh. Not sure how it's going to work out for them in the long run. decentralized currency = more decentralized more reward = less data center = more reward. please release something sponfoolies so i can get some more equipent.
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Guy Corem
Donator
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Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
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February 27, 2015, 06:35:06 AM |
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Its getting very expensive because of a monopoly of the technology, or lack or competition, or monopolizing the the industry because of trade secrets and cost of development, to mine a speculative crypto currency.
Because the people developing the miners, are realizing it's easier and more profitable to deal with big farms, or simply mine for themselves, than to deal with every whiney ass customer with a complaint. If spondoolie is smart, they release bulk sales only, and allow only authorized dealers to resell, let them deal with the people. Let spon spend their time on new tech! That philosophy was declared by BFL Josh. Not sure how it's going to work out for them in the long run. decentralized currency = more decentralized more reward = less data center = more reward. please release something sponfoolies so i can get some more equipent. Hey @ChineseSavior, it's nice to see your change of heart ( https://bitcointalk.org/index.php?topic=521520.msg9800379#msg9800379). Unfortunately, it seems that Bitcoin is going towards large scale mega mining by 3-4 companies - BitFury, AntPool ( https://blockchain.info/pools - 20% !), KNC and maybe later also 21e6 (if they'll be able to create a competitive next gen) and SFARDS (with their upcoming 16) If we want to compete in this market, we must create a form factor suitable for rapid mass deployment. If the market conditions will allow it, we might attempt another small form factor, more suitable for the home miner. I've posted something about "share mines" in our thread, this might be another offerings for the little guys.
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Finksy
Legendary
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Activity: 1022
Merit: 1003
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February 27, 2015, 06:45:31 AM |
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Its getting very expensive because of a monopoly of the technology, or lack or competition, or monopolizing the the industry because of trade secrets and cost of development, to mine a speculative crypto currency.
Because the people developing the miners, are realizing it's easier and more profitable to deal with big farms, or simply mine for themselves, than to deal with every whiney ass customer with a complaint. If spondoolie is smart, they release bulk sales only, and allow only authorized dealers to resell, let them deal with the people. Let spon spend their time on new tech! That philosophy was declared by BFL Josh. Not sure how it's going to work out for them in the long run. decentralized currency = more decentralized more reward = less data center = more reward. please release something sponfoolies so i can get some more equipent. Hey @ChineseSavior, it's nice to see your change of heart ( https://bitcointalk.org/index.php?topic=521520.msg9800379#msg9800379). Unfortunately, it seems that Bitcoin is going towards large scale mega mining by 3-4 companies - BitFury, AntPool ( https://blockchain.info/pools - 20% !), KNC and maybe later also 21e6 (if they'll be able to create a competitive next gen) and SFARDS (with their upcoming 16) If we want to compete in this market, we must create a form factor suitable for rapid mass deployment. If the market conditions will allow it, we might attempt another small form factor, more suitable for the home miner. I've posted something about "share mines" in our thread, this might be another offerings for the little guys. The SP20 turned into a great success in our community, but was it simply not at the price point you would have liked to sell it at in quantity? It almost seems to me "too" well made, only in that it's harder to keep competitive price-wise when it comes to comparing hardware specs when the package you're offering is of greater quality. The new Avalon (apart from being too little too late in the tech department) seems to be suffering a considerably worse fate in the same regard.
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Guy Corem
Donator
Legendary
Offline
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
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February 27, 2015, 06:48:26 AM |
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Its getting very expensive because of a monopoly of the technology, or lack or competition, or monopolizing the the industry because of trade secrets and cost of development, to mine a speculative crypto currency.
Because the people developing the miners, are realizing it's easier and more profitable to deal with big farms, or simply mine for themselves, than to deal with every whiney ass customer with a complaint. If spondoolie is smart, they release bulk sales only, and allow only authorized dealers to resell, let them deal with the people. Let spon spend their time on new tech! That philosophy was declared by BFL Josh. Not sure how it's going to work out for them in the long run. decentralized currency = more decentralized more reward = less data center = more reward. please release something sponfoolies so i can get some more equipent. Hey @ChineseSavior, it's nice to see your change of heart ( https://bitcointalk.org/index.php?topic=521520.msg9800379#msg9800379). Unfortunately, it seems that Bitcoin is going towards large scale mega mining by 3-4 companies - BitFury, AntPool ( https://blockchain.info/pools - 20% !), KNC and maybe later also 21e6 (if they'll be able to create a competitive next gen) and SFARDS (with their upcoming 16) If we want to compete in this market, we must create a form factor suitable for rapid mass deployment. If the market conditions will allow it, we might attempt another small form factor, more suitable for the home miner. I've posted something about "share mines" in our thread, this might be another offerings for the little guys. The SP20 turned into a great success in our community, but was it simply not at the price point you would have liked to sell it at in quantity? It almost seems to me "too" well made, only in that it's harder to keep competitive price-wise when it comes to comparing hardware specs when the package you're offering is of greater quality. The new Avalon (apart from being too little too late in the tech department) seems to be suffering a considerably worse fate in the same regard. We lost on the SP20. It came a bit too late and the price crash didn't help. [We don't cut corners (e.g. embedded controller, etc) and we use dc2dc which means that the BOM is higher.]
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Digitalmocking
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February 27, 2015, 08:44:11 AM |
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Its getting very expensive because of a monopoly of the technology, or lack or competition, or monopolizing the the industry because of trade secrets and cost of development, to mine a speculative crypto currency.
Because the people developing the miners, are realizing it's easier and more profitable to deal with big farms, or simply mine for themselves, than to deal with every whiney ass customer with a complaint. If spondoolie is smart, they release bulk sales only, and allow only authorized dealers to resell, let them deal with the people. Let spon spend their time on new tech! That philosophy was declared by BFL Josh. Not sure how it's going to work out for them in the long run. decentralized currency = more decentralized more reward = less data center = more reward. please release something sponfoolies so i can get some more equipent. Hey @ChineseSavior, it's nice to see your change of heart ( https://bitcointalk.org/index.php?topic=521520.msg9800379#msg9800379). Unfortunately, it seems that Bitcoin is going towards large scale mega mining by 3-4 companies - BitFury, AntPool ( https://blockchain.info/pools - 20% !), KNC and maybe later also 21e6 (if they'll be able to create a competitive next gen) and SFARDS (with their upcoming 16) If we want to compete in this market, we must create a form factor suitable for rapid mass deployment. If the market conditions will allow it, we might attempt another small form factor, more suitable for the home miner. I've posted something about "share mines" in our thread, this might be another offerings for the little guys. The SP20 turned into a great success in our community, but was it simply not at the price point you would have liked to sell it at in quantity? It almost seems to me "too" well made, only in that it's harder to keep competitive price-wise when it comes to comparing hardware specs when the package you're offering is of greater quality. The new Avalon (apart from being too little too late in the tech department) seems to be suffering a considerably worse fate in the same regard. We lost on the SP20. It came a bit too late and the price crash didn't help. [We don't cut corners (e.g. embedded controller, etc) and we use dc2dc which means that the BOM is higher.] While you may have directly lost on the SP20, the other sales and reputation you built as a company from putting out a product that good is hard to measure.
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Finksy
Legendary
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Activity: 1022
Merit: 1003
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February 27, 2015, 04:00:19 PM |
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[We don't cut corners (e.g. embedded controller, etc) and we use dc2dc which means that the BOM is higher.]
And I commend you for that, but I can also see why you are leaning towards sticking to larger form-factors for the future, where you don't have to even consider cutting corners in order to stay competitive and turn a profit. One thing that was clear from your SP20's is that you care about the quality of your product. It's a shame that the hardware becomes obsolete so quickly. Is there any particular reason other than wanting to stick to a single model, rapid deployment for data-centers that you would not consider a larger form factor 3rd gen miner that requires external PSU('s)? For those on the small farm scale, it gives us an opportunity to save costs without being too much of a burden in setup.
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Biffa
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Activity: 3234
Merit: 1220
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February 27, 2015, 04:18:31 PM |
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[We don't cut corners (e.g. embedded controller, etc) and we use dc2dc which means that the BOM is higher.]
And I commend you for that, but I can also see why you are leaning towards sticking to larger form-factors for the future, where you don't have to even consider cutting corners in order to stay competitive and turn a profit. One thing that was clear from your SP20's is that you care about the quality of your product. It's a shame that the hardware becomes obsolete so quickly. Is there any particular reason other than wanting to stick to a single model, rapid deployment for data-centers that you would not consider a larger form factor 3rd gen miner that requires external PSU('s)? For those on the small farm scale, it gives us an opportunity to save costs without being too much of a burden in setup. I think the levels of support required for the home miners is also an issue, with people using myriad versions of psu's of variable levels of quality and the cost of just answering the support questions on home miners goes through the roof. Plus Israel isn't the cheapest place in the world to send stuff from. Plus they had a great niche with the rackmount 2U chassis miner, high density and great quality designed well for the DC. No-one was really doing anything like it. Whereas everyone was doing home miners and the competition is much fiercer and more cutthroat.
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notlist3d
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Activity: 1456
Merit: 1000
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February 27, 2015, 05:38:54 PM |
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[We don't cut corners (e.g. embedded controller, etc) and we use dc2dc which means that the BOM is higher.]
And I commend you for that, but I can also see why you are leaning towards sticking to larger form-factors for the future, where you don't have to even consider cutting corners in order to stay competitive and turn a profit. One thing that was clear from your SP20's is that you care about the quality of your product. It's a shame that the hardware becomes obsolete so quickly. Is there any particular reason other than wanting to stick to a single model, rapid deployment for data-centers that you would not consider a larger form factor 3rd gen miner that requires external PSU('s)? For those on the small farm scale, it gives us an opportunity to save costs without being too much of a burden in setup. I think the levels of support required for the home miners is also an issue, with people using myriad versions of psu's of variable levels of quality and the cost of just answering the support questions on home miners goes through the roof. Plus Israel isn't the cheapest place in the world to send stuff from. Plus they had a great niche with the rackmount 2U chassis miner, high density and great quality designed well for the DC. No-one was really doing anything like it. Whereas everyone was doing home miners and the competition is much fiercer and more cutthroat. One of the biggest things is quality. The SP20's are rock solid with the metal case and I love them. I was running full blast since i got them. Now I have underclocked them. It is impressive to have such a wide range of power. Also with them I never have had to babysit. It is pretty much set and forget until I want to change pools.
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philipma1957 (OP)
Legendary
Online
Activity: 4312
Merit: 8838
'The right to privacy matters'
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February 27, 2015, 06:25:31 PM |
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[We don't cut corners (e.g. embedded controller, etc) and we use dc2dc which means that the BOM is higher.]
And I commend you for that, but I can also see why you are leaning towards sticking to larger form-factors for the future, where you don't have to even consider cutting corners in order to stay competitive and turn a profit. One thing that was clear from your SP20's is that you care about the quality of your product. It's a shame that the hardware becomes obsolete so quickly. Is there any particular reason other than wanting to stick to a single model, rapid deployment for data-centers that you would not consider a larger form factor 3rd gen miner that requires external PSU('s)? For those on the small farm scale, it gives us an opportunity to save costs without being too much of a burden in setup. I think the levels of support required for the home miners is also an issue, with people using myriad versions of psu's of variable levels of quality and the cost of just answering the support questions on home miners goes through the roof. Plus Israel isn't the cheapest place in the world to send stuff from. Plus they had a great niche with the rackmount 2U chassis miner, high density and great quality designed well for the DC. No-one was really doing anything like it. Whereas everyone was doing home miners and the competition is much fiercer and more cutthroat. One of the biggest things is quality. The SP20's are rock solid with the metal case and I love them. I was running full blast since i got them. Now I have underclocked them. It is impressive to have such a wide range of power. Also with them I never have had to babysit. It is pretty much set and forget until I want to change pools. having had as many as 10 in house they are very good . I rate them just ahead of the avalon 4.1 mostly due to the many pool option you can have 8 in the pool queue . Solid build . With low clock at 800 gh high clock at 1500 gh. Nice gear for sure.
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philipma1957 (OP)
Legendary
Online
Activity: 4312
Merit: 8838
'The right to privacy matters'
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February 28, 2015, 12:52:37 PM |
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Dialed in pretty nicely. For now... What do you pay for power?
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Finksy
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Activity: 1022
Merit: 1003
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February 28, 2015, 07:35:09 PM |
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Just a suggestion, reducing the starting voltage on the hotter loops won't actually keep them cooler once they've stabilized. But, if you reduce the wattage on those two loops to keep the voltage slightly below the front chips, you can get away with less fan speed and not lose too much hashrate.
Not that there's anything wrong with your temps, but I see a lot of people doing this and I'm not entirely sure why. Maybe I'm wrong...
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thepixelgeek
Newbie
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Activity: 59
Merit: 0
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February 28, 2015, 09:56:01 PM |
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After I posted that, I thought I could do better. The new results are somewhere around 1150 hash and 700 watts. I'll post new pic latter.
Cost is 8.66 cents to 9.33 cents.
I'm still tinkering until getting the most bang for buck. Suggestions welcome.
Also adding another Sp20 but need to get another evga 1300 g2 psu.
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nexus99
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Activity: 910
Merit: 1000
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March 01, 2015, 12:11:33 AM |
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How are you adding another SP20... they aren't even for sale anymore?
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thepixelgeek
Newbie
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Activity: 59
Merit: 0
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March 01, 2015, 12:36:17 AM |
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Purchased last week. Just delivered today.
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