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Topic: [Ann] Spondoolies SPx36 - 540 GH/s, 8.1 J/GHs X11 miner - page 2. (Read 23153 times)

newbie
Activity: 1
Merit: 0
Hello

I have bought this miner from UK and hope to receive it this week. This is going to be my second miner after Innosilicon A9 Zmaster which is running great and have brought me into this mining world.

I have a question that since I am new to X11 algorithm is there any link you can refer me to where I can read exactly which coins I can mine with this asic. On most websites it says it can mine monetaryunit, cannabiscoin, dash, digitalclassic and onix but then I see various other X11 coins which I believe should be the same as mentioned earlier. But I wanna know if I can also mine coins like

Futorocoin, Ultranatum, Sibcoin, Paccoin, Eternity, Polis, Needlecoin etc

Thank you
legendary
Activity: 1316
Merit: 1014
ex uno plures

~ LOL ~

Blast from the past. Good luck Guy.
member
Activity: 236
Merit: 16
I would say no, the SPx36 seems to require the Artesyn2000 supplies explicitly, but don't take me word for it as I don't have a unit to test with Smiley
legendary
Activity: 2128
Merit: 1005
ASIC Wannabe
Good to see you guys back!

is there any way to use the SP3x PSUs with this miner to reduce cost and shipping weight? Ive been sitting on an SP31 and SP35 that have no utility
copper member
Activity: 18
Merit: 0
https://digie.io
donator
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
We don't have a booth in https://www.miningconf.org/ for obvious reasons, but Spondoolies people including Assaf Gilboa the CEO will be in the conference.
If you intend to arrive, approach to say hello.

Guy
newbie
Activity: 1
Merit: 0
First of all let me introduce myself,
my name is Shalom Cohen I'm the founder of the Israeli mining company named HashWare.
founded on late 2013 although we are working on a vast array of cryptocurrencies aspects  (mostly because I do what is interesting enough for me),
our main business for a while is consulting on building mining farms and resale of mining hardware.

Unfortunately BTT forum is not managed well for a while,
my original account were blocked after forum hacked back then,
as I mostly active on our local community so I didn't care,
I'm still come to read news when something interesting comes to my desk.

I opened this account just because I had to comment on this one,
I'm not sure I'll be using this account much, feel free to contact me on Facebook if you like.

It came to my knowledge that Spondoolies are working on something for a while,
and guess what... they did it again!

First time I met Guy and Spondoolies crew were in the beginning of 2014,
when their first beast (SP10) arrived with impressive specs at that time.

They were building a new beast with the most remarkable specs on the market at the moment,
their power efficiency is 1/3 of the best hardware out there,
as a small company they are actually building them here in Israel and their manufacturing capacity is very limited.
so I don't think we will see more than few hundreds machines in the market,
as for now there is around 1.6Ph/s running in the network, 
that most of that hashing power comes from obsolete hardware (at current Dash price) like D3's (I personally running few 😖),
this would cause shutting down most of them, anyway this new beast is coming and you could keep mining taking the risk or not!


Some people here are complaining that this machines will be easily completely cover the network hashrate,
what can we do this is how mining works, when new mining hardware emerge the old one most likely go to waste,
from my experience most hardware is running by few hundreds miners anyway (some are running them for others).
even when there is only home mining equipment available reference GPU's.

Mining at this point is is mainly for professionals with low electricity cost and very low overhead costs,
anyway this machines are made for running on Datacenter's it will consume more then 4Kw/h,
exhaust a lot of heat and pretty loud (most mining hardware is),
I would not recommend trying running them at home unless you are living in Siberia and don't like the silence. 😉

Anyway Mining is a business of risk management,
if you do it right it can be very profitable,
now at this bear market when people afraid of getting in with new investments might be a good time to get in,
this machine will remove large portion of the equipment running today at bad conditions like high electricity cost, high rent and hot weather.

Here in Israel it's not really suitable for mining anyhow as of high rate of electricity and it's Damm too much hot here most of the time,
and I don't think there will be any self mining here.
the only cases to mine here is if you have excess energy here or by stealing it and I don't think it can be in very large scale anywhere in Israel. 😀

Anyway Most large scale miners pays around 5-6 cents and operate in cool weather countries,
"bitfarmes" (the company) for example paying 2.5c +2c for their overhead costs per KW and running in Canada.

With low manufacturer Capacities and competitive price Gh\s per $ in today's market could be a great choice.

P.S.

Remember in Dash there is another way of mining coins using Master node's,
currently earning around 8% yearly and there is less than 5000 participants investing around 200K US$ or 1000 coins.

~Vires in Numeris~
------------

Making mining profitable
▬▬Shalom Cohen▬▬ ANN  Website  Facebook
legendary
Activity: 1946
Merit: 1006
Bitcoin / Crypto mining Hardware.
Hey there, good to see you guys. Still have a bunch of old sp20s lying around, they were built like tanks.
donator
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
> 1.6 Petahash equals to 864 Spondo Miner
Someone has problem with elementary math Smiley

Can't say I missed those hit pieces. Competitor or just a miner who did an investment in old obsolete equipment?

Anyway, we are a small company, producing in Israel. Our manufacturing capacity is limited for now.

Guy
copper member
Activity: 2898
Merit: 1465
Clueless!

i agree, this thing at this price is way to much for the x11 network/dash, if they sell 1000 units the income will be more then half of what it is now, add that to your ROI of current 250 days ( with cheap energy ) the energy/income factor will also get worse if the difficulty kicks in...

i get a flashback to the D3 release of bitmain, so many people got rekt...


yeah, catch is if you are hoping (and probably need with this machine) a doubling in dash prices to cover your ass...you probably are better off taking

the cash and holding DASH ...both bets depend on DASH ...but at least you can dump the dash at a partial loss if wrong...not so much any equipment

The price of this unit would have to 1/2 of what they are asking..and i suspect that innsilicon will have their unit ready at the price point of 1/2 in more

or less a month or so, in that they have had 1/2 of this hash out there for a couple months at an 11-12k price, I think it was. Anyway, my guess.

Hard to time equipment making on 6 month ago DASH prices and x11 machine and development just to have everything to hell in crypto prices...

kinda interesting to see the mnfg have bad luck timing wise vs price..usually it is the consumer of asic's (ie me) the crytpo world is cruel!

brad


newbie
Activity: 51
Merit: 0

i agree, this thing at this price is way to much for the x11 network/dash, if they sell 1000 units the income will be more then half of what it is now, add that to your ROI of current 250 days ( with cheap energy ) the energy/income factor will also get worse if the difficulty kicks in...

i get a flashback to the D3 release of bitmain, so many people got rekt...
legendary
Activity: 1456
Merit: 1014
sr. member
Activity: 703
Merit: 272
Interesting price, haven’t seen a good investment in x11 since the baikalminer mini’s
I imagine bitmain will dump a D3+ next then


I'm still running my mini's (the multi algo mini)...  they still make a profit.. and at the end of the week, i have enough to buy a soda.   at a discount  Cheesy
member
Activity: 952
Merit: 17
raskul
delightful to see some old faces appear  Grin
legendary
Activity: 1904
Merit: 1007
Are you going to do anything SHA or stick with other algos?
-Dave
Regarding SHA maybe, but not in the near future.

I will be available anytime for a group buy!

mate, your sig.. move away from the past and move on.

You are correct. Edited my sig. Thank you!
donator
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
And we're back Smiley

Spondoolies-Tech people reunited and formed Spondoolies Ltd.
We developed the most efficient X11 miner in the world, by a considerable factor.
https://www.spondoolies-tech.com/products/spx36

The machine is real, the spec is verified. Delivery in October.

Guy

Hey buddy long time  no see.

I will read the thread.  Gave you  some merit points for old times sake
Hi Philip, missed you  Smiley
legendary
Activity: 4326
Merit: 8899
'The right to privacy matters'
And we're back Smiley

Spondoolies-Tech people reunited and formed Spondoolies Ltd.
We developed the most efficient X11 miner in the world, by a considerable factor.
https://www.spondoolies-tech.com/products/spx36

The machine is real, the spec is verified. Delivery in October.

Guy

Hey buddy long time  no see.

I will read the thread.  Gave you  some merit points for old times sake
copper member
Activity: 2898
Merit: 1465
Clueless!
Interesting price, haven’t seen a good investment in x11 since the baikalminer mini’s
I imagine bitmain will dump a D3+ next then


yeah that would be my guess..in ALL my income is from Altcoins and eventually Bitcoin (retired 3 years early holding out for 66 years for traditional investments and soc sec for then)

it makes little sense for me to get these units...

DASH would have to at least double in price...and if you think DASH is gonna double in price...why take the risk of their miner...

seems to be more the case these days

and yeah, like you said about the time these ship Innsiliconn will likely have a unit out for much less price at 1/2 the hash...they already have a unit sold out

a couple months ago at 1/2 this speed (i believe) thus probably, when these ship they will announce

(let the asic wars continue!)

as to me swapping magic inet coin for the miner that makes magic inet coin on the hope it can make 2x the magic inet coin put in...when hoping for a pump of the magic inet coin

to cover your bet on this unit in less than an 8-month ROI...well, that is silly (at least in my case)

later

brad
sr. member
Activity: 1414
Merit: 487
YouTube.com/VoskCoin
Interesting price, haven’t seen a good investment in x11 since the baikalminer mini’s
I imagine bitmain will dump a D3+ next then

member
Activity: 952
Merit: 17
raskul
Are you going to do anything SHA or stick with other algos?
-Dave
Regarding SHA maybe, but not in the near future.

I will be available anytime for a group buy!

mate, your sig.. move away from the past and move on.
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