Spondoolies what is next???

[DieJohnny]

I heard they are not selling to the public...

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[Jamphone]

While they are apparently almost out of stock, they do have some available:

http://www.spondoolies-tech.com/collections/products

[stonerider]

Yes, spt has one product available and in stock: SP31 Yukon for $2075. It's a 4.9 THS unit. It will take about a year to break even, and then the btc halfing comes, where's the profit???

[mavericklm]

12u, 16kw, 16 blades
incoming! in the future...

[desertfox470]

I heard that they were trying to only sell in bulk. I may be wrong on that though. I believe they may have something even more power efficient. I really don't think that they should get more th/s in the mining gear and instead focus on the power draw. If they would be able to get to under 0.3 W/GHs they would do great with business. The halving is the next major thing for manufactures to think about when making mining hardware.

[armedmilitia]

I'm curious to what the state of next-gen development is. There's a lot of talk about ultra-low efficiency miners coming to the table, but I've yet to see a single one appear in the wild. They should be deployed by now, as these announcements came earlier this year, even last year!

[Jamphone]

We're at an interesting fork in the road -

It appears spending money on "smaller" chips now may be a waste of money. Whereas the smart companies are making the same chip but figuring out how to underclock 28/20nm chips further and further. The cost of real 16nm chips is just so high, even if they provide better efficiency, it is not enough to make up the extra cost.

BitFury, Avalon, Bitmain etc. seem to be going for the "underclock" method, while Spondoolies and KNC try to make smaller chips, which based on the funds they've had to raise, appears to be exceedingly expensive.

[Prelude]

We're at an interesting fork in the road -

It appears spending money on "smaller" chips now may be a waste of money. Whereas the smart companies are making the same chip but figuring out how to underclock 28/20nm chips further and further. The cost of real 16nm chips is just so high, even if they provide better efficiency, it is not enough to make up the extra cost.

BitFury, Avalon, Bitmain etc. seem to be going for the "underclock" method, while Spondoolies and KNC try to make smaller chips, which based on the funds they've had to raise, appears to be exceedingly expensive.

Here's to hoping KNC fails miserably.

[mavericklm]

We're at an interesting fork in the road -

It appears spending money on "smaller" chips now may be a waste of money. Whereas the smart companies are making the same chip but figuring out how to underclock 28/20nm chips further and further. The cost of real 16nm chips is just so high, even if they provide better efficiency, it is not enough to make up the extra cost.

BitFury, Avalon, Bitmain etc. seem to be going for the "underclock" method, while Spondoolies and KNC try to make smaller chips, which based on the funds they've had to raise, appears to be exceedingly expensive.

Here's to hoping KNC fails miserably.

+1
they deserve to burn like 6pins slots on their neptunes!

[jonnybravo0311]

SP-Tech certainly seems to be focusing their efforts on industrial-scale hardware, rather than home consumer hardware.  Density, power efficiency, etc.  If you're a home miner and want their gear, they're offering the partnership with Genesis Mining.  I really don't see them creating another SP20-like device, which is too bad because it's such a fine piece of kit.

[Xian01]

The death of home mining is what's next, unfortunately.

It was a fun hobby while it lasted.

[redhunter]

The death of home mining is what's next, unfortunately.

It was a fun hobby while it lasted.

I think it depends on whether you want a few miners in the corner of your living room or you have a dedicated closet or room in the basement with 240v power and adequate cooling.  As long as Spondoolies is willing to sell their server grade products in small quantities—even singles—there will be those of us wanting to buy their products.  I was about to buy a new SP31, but my timing was lucky and I was able to pick up a few S5 batch 5s when they were USD 320.

[MCHouston]

The death of home mining is what's next, unfortunately.

It was a fun hobby while it lasted.

"Never give up never surrender."

I have two dedicated mining rooms, and even if the stop selling in small batches.  I will buy in bulk and keep home mining.

[sidehack]

And if I can afford to (both time and money) I'll do my best to build home miners when the big guys aren't. I hate to make a comparison to Technobit since it sorta looks like they like to rip people off when nobody's looking, but third parties like that are a good thing for home miners as long as they don't start getting greedy.

[wilth1]

It's clear that retail sales are not in the manufacturers' best interests for the near term unless they are done with big markup. SP's sell out and Bitmain's S5 price ramp-up demonstrate this.  Their margins are good now, but aren't big enough at the moment to make the considerable investment required to go the new chip route over graduated underclocking, either.  What's more is that we've nearly hit an efficiency wall short of huge investment.

Of course, if the exchange rate were to bounce up to 5 or 600 USD we'd see a large rollout of current gen equipment from all of the builders at the very least, probably paired with expedited chip dev and production as well.

Now that efficiency has nearly plateaued, do you think we'll see another huge (latent) hash rate climb with the next price hike, or will it be much flatter?

[DieJohnny]

It's clear that retail sales are not in the manufacturers' best interests for the near term unless they are done with big markup. SP's sell out and Bitmain's S5 price ramp-up demonstrate this.  Their margins are good now, but aren't big enough at the moment to make the considerable investment required to go the new chip route over graduated underclocking, either.  What's more is that we've nearly hit an efficiency wall short of huge investment.

Of course, if the exchange rate were to bounce up to 5 or 600 USD we'd see a large rollout of current gen equipment from all of the builders at the very least, probably paired with expedited chip dev and production as well.

Now that efficiency has nearly plateaued, do you think we'll see another huge (latent) hash rate climb with the next price hike, or will it be much flatter?

Interesting question. I think price stagnation will result in dramatic changes in technology rollout, it takes millions to fund a new architecture. We will see improvements in power consumption before we see massive leaps in total hashrate in my opinion.

[sergio]

We're at an interesting fork in the road -

It appears spending money on "smaller" chips now may be a waste of money. Whereas the smart companies are making the same chip but figuring out how to underclock 28/20nm chips further and further. The cost of real 16nm chips is just so high, even if they provide better efficiency, it is not enough to make up the extra cost.

BitFury, Avalon, Bitmain etc. seem to be going for the "underclock" method, while Spondoolies and KNC try to make smaller chips, which based on the funds they've had to raise, appears to be exceedingly expensive.

Here's to hoping KNC fails miserably.

They will fail I can assure you that, a company that lied to its customers will also lie to its investors, only a very foolish investor will not care. They are doomed.

That is why large successful companies honor their promises, because if they do not, their reputation goes down the toilet.

KNC reputation has already gone down the toilet under those condition most honest investors wont invest and will keep a very large distance from them, unless they have also gone down the toilet, and as such KNC could get screwed by people just like them, thats like a crook dealing with a crook, such scenario is a failure.

So by hoping the fail miserably there an implied probability that they will not fail, I am sure they will fail 100%.

SAM may have won monetarily at this point, but at the cost of sending his reputation down the toilet, most people would probably like to have some reputation left in them, I am sure it is sad for him to be a man with no dignity, and money can not buy his dignity back, so from that point of view he is screwed.

They have already going down, have you looked at their website, customer support is gone, forums are gone, no hardware sales, etc. They became the successor to BFL.




 

[Searing]

We're at an interesting fork in the road -

It appears spending money on "smaller" chips now may be a waste of money. Whereas the smart companies are making the same chip but figuring out how to underclock 28/20nm chips further and further. The cost of real 16nm chips is just so high, even if they provide better efficiency, it is not enough to make up the extra cost.

BitFury, Avalon, Bitmain etc. seem to be going for the "underclock" method, while Spondoolies and KNC try to make smaller chips, which based on the funds they've had to raise, appears to be exceedingly expensive.

Here's to hoping KNC fails miserably.

They will fail I can assure you that, a company that lied to its customers will also lie to its investors, only a very foolish investor will not care. They are doomed.

That is why large successful companies honor their promises, because if they do not, their reputation goes down the toilet.

KNC reputation has already gone down the toilet under those condition most honest investors wont invest and will keep a very large distance from them, unless they have also gone down the toilet, and as such KNC could get screwed by people just like them, thats like a crook dealing with a crook, such scenario is a failure.

So by hoping the fail miserably there an implied probability that they will not fail, I am sure they will fail 100%.

SAM may have won monetarily at this point, but at the cost of sending his reputation down the toilet, most people would probably like to have some reputation left in them, I am sure it is sad for him to be a man with no dignity, and money can not buy his dignity back, so from that point of view he is screwed.

They have already going down, have you looked at their website, customer support is gone, forums are gone, no hardware sales, etc. They became the successor to BFL.

well their site has been down for a couple days or more www.kncminer.com ..also www.knccloud.com

hmmmmmm......(probably just DNS issue from their web page changes etc...they have like 200 million bucks from us ...how can they have messed up and gone under? (one can hope)