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Making mining profitable
▬▬Shalom Cohen▬▬ ANN Website Facebook
Hey there, good to see you guys. Still have a bunch of old sp20s lying around, they were built like tanks.
small write up about the Nuts and Bolts around the new Miner: > 1.6 Petahash equals to 864 Spondo Minerhttps://steemit.com/spondoolies/@jadefalke/spondoolies-tech-is-back-with-an-540-gh-x11-miner Someone has problem with elementary math 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 small write up about the Nuts and Bolts around the new Miner: https://steemit.com/spondoolies/@jadefalke/spondoolies-tech-is-back-with-an-540-gh-x11-miner 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 small write up about the Nuts and Bolts around the new Miner: https://steemit.com/spondoolies/@jadefalke/spondoolies-tech-is-back-with-an-540-gh-x11-miner 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...
small write up about the Nuts and Bolts around the new Miner:
https://steemit.com/spondoolies/@jadefalke/spondoolies-tech-is-back-with-an-540-gh-x11-miner 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
delightful to see some old faces appear
Are you going to do anything SHA or stick with other algos? Regarding SHA maybe, but not in the near future.-Dave 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! And we're back 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 And we're back 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 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
Interesting price, haven’t seen a good investment in x11 since the baikalminer mini’s
I imagine bitmain will dump a D3+ next then Are you going to do anything SHA or stick with other algos? Regarding SHA maybe, but not in the near future.-Dave I will be available anytime for a group buy! mate, your sig.. move away from the past and move on. Are you going to do anything SHA or stick with other algos? Regarding SHA maybe, but not in the near future.-Dave I will be available anytime for a group buy! Are you going to do anything SHA or stick with other algos? Regarding SHA maybe, but not in the near future. -Dave
Are you going to do anything SHA or stick with other algos?
-Dave At first when I read the thread I assumed their username was hacked and it was some scam attempt however since it links to the actual website it seems legit..... Accounts getting hacked here on Bitcointalk seems "a normal" thing. As you allready speak out. It is such a big problem, however the moderators don't seem to give a fuck and if your hacked they are not willing to help. This Spondoolies is a very nice miner. I expect the same quallity as my SP10's en SP30's I had back then. (Still have my Sp10's, I just couldn't sell them) Hell it is pricy, maybe worth a gamble if BTC was 16k\18k. Throw in 1 BTC and mine Dash for 1 or 2 year?? Don't think Bitmain will pass this quick. At first when I read the thread I assumed their username was hacked and it was some scam attempt however since it links to the actual website it seems legit..... Accounts getting hacked here on Bitcointalk seems "a normal" thing. As you allready speak out. It is such a big problem, however the moderators don't seem to give a fuck and if your hacked they are not willing to help. This Spondoolies is a very nice miner. I expect the same quallity as my SP10's en SP30's I had back then. (Still have my Sp10's, I just couldn't sell them) Hell it is pricy, maybe worth a gamble if BTC was 16k\18k. Throw in 1 BTC and mine Dash for 1 or 2 year?? Don't think Bitmain will pass this quick.
if someone believes they mine for themself, first just check the X11 hashrates of different coins....and THEN complain.
I am so so on this so called return - did you just return from mining with these machines and then trying to sell to market again? to build some trust with miners could you provide some insight? I have heard this is what you guys have been doing over and over again - not saying its true - but would like someone to talk about it - transparency is key in this market - I have dozens of supplier choices now As Guy mentioned, the miners are brand new out of factory. We have no intention to mine ourselves, our focus is about designing, building and selling the best miners possible for everyone to enjoy, and we believe we can make an excellent business out of this. We have stated this clearly on our website https://www.spondoolies-tech.com/pages/about
I think building a SP20 form factor miner would be awesome and you would surely get customers from this forum community.
Hi everyone, Ack This is Joseph at Spondoolies. As Guy mentioned, the team has reunited, and back for good. My colleagues have been working hard to bring the SPx36. It is real and already in production in volumes. First shipments are scheduled for October. Here is a short video of the SPx36 running in our lab, showing the hash rate. Please bear with us, we are working on a more professional video, and will be posting pictures and updates on the product. https://youtu.be/IunXanVs-qU If you need further information, feel free to reach out or visit www.spondoolies-tech.com
Hi everyone,
This is Joseph at Spondoolies. As Guy mentioned, the team has reunited, and back for good. My colleagues have been working hard to bring the SPx36. It is real and already in production in volumes. First shipments are scheduled for October. Here is a short video of the SPx36 running in our lab, showing the hash rate. Please bear with us, we are working on a more professional video, and will be posting pictures and updates on the product. https://youtu.be/IunXanVs-qU If you need further information, feel free to reach out or visit www.spondoolies-tech.com
At first when I read the thread I assumed their username was hacked and it was some scam attempt however since it links to the actual website it seems legit.
Really surprised you guys are back from the dead. The SP20 was a great miner, very good build quality. In my opinion it was military grade hardware specs. Wondering if you guys will come out with other algo miners? Basically I think an ETH miner would be the best hit as most of the other algo markets are pretty saturated right now and very unprofitable even with cheap power. I am so so on this so called return - did you just return from mining with these machines and then trying to sell to market again? to build some trust with miners could you provide some insight? I have heard this is what you guys have been doing over and over again - not saying its true - but would like someone to talk about it - transparency is key in this market - I have dozens of supplier choices now The machines are new, shipping directly from the factory. Spondooolies doesn't have a mining farm.umm... wasn't it spondooolies in with genesis mining https://www.coindesk.com/spondoolies-tech-genesis-team-new-cloud-mining-service/ https://coinjournal.net/spondoolies-partner-genesis-mining/ https://bitcoinist.com/spondoolies-tech-enters-cloud-mining-partnering-genesis-mining/ https://bitcoinist.com/spondoolies-tech-enters-cloud-mining-partnering-genesis-mining/ my memory may not be that great, but the internet never forgets I am so so on this so called return - did you just return from mining with these machines and then trying to sell to market again? to build some trust with miners could you provide some insight? I have heard this is what you guys have been doing over and over again - not saying its true - but would like someone to talk about it - transparency is key in this market - I have dozens of supplier choices now The machines are new, shipping directly from the factory. Spondooolies doesn't have a mining.I assume you are not caught up in the USA and Trump Tariff battles and such, I also assume they are made in Israel Just double checking for others on here, I don't plan to get one of these units at 15.5k The catch is, you will need a pump in DASH price to justify this ..probably double...so if you plan to get equipment on anticipation of a return or pump in x11 coin prices....well, you may as well just hold the coin...less risk (at this point in time anyway...till the end of the year at least) I suppose if you have 2 to 3c kWh electric this may also make some sense. But way too rich for my blood. Retired on crypto. To take crypto at this point to get a pre-order miner at this price and return of coin..seems rather silly, again, if my assumption is correct and taking that 15.5k usd and putting it into the coin of your choice first, on the same premise as getting the miner...expecting a pump in x11 prices. Just saying. (would be nice to be wrong however, mining was very, very good to me...retired early and all) later brad I am so so on this so called return - did you just return from mining with these machines and then trying to sell to market again? to build some trust with miners could you provide some insight? I have heard this is what you guys have been doing over and over again - not saying its true - but would like someone to talk about it - transparency is key in this market - I have dozens of supplier choices now The machines are new, shipping directly from the factory. Spondooolies doesn't have a mining farm.
I am so so on this so called return - did you just return from mining with these machines and then trying to sell to market again? to build some trust with miners could you provide some insight? I have heard this is what you guys have been doing over and over again - not saying its true - but would like someone to talk about it - transparency is key in this market - I have dozens of supplier choices now
And we're back 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 WOW! What!?!?!?!? You guys are coming back! How awesome is this...
make one for the home miner and i'll consider that, like the sp20, otherwise gtfo. oh.. and it needs to be available for shipping as there are already other options available out there, not pre-order.
I loved the sp20... finally turned mine off about a year ago.
Seems like you guys can't keep up with bitmain and the other major Asic manufacturer. with all due respect ! X11 coins are nothing but bullshit !. the only coin there is that MAY be worth mining is DASH , the rest are worthless shitcoins with market cap bellow 20 millions $ .
! also the fact of risking 15,500$ + shipping and other expenses in a single machine is not the best thing I would do. I rather get 4-5 Z9s with this amount of money and make 2-3 the profit ! anybody can do the math ! sorry but this is so disappointing.! I used to be a big fan! but i gotta be honest, after all this time i was hopping you guys would come up with something that actually worth investing in. I hope that you take ROI / PROFIT as well as other options available in the market for your next one ! anyway, Good luck
It's a shame you guys don't plan on making any smaller form-factor miners, but I am glad Spondoolies is back in the mining game again! I remember the SP20 was one of my favorite SHA256 miners I ever owned, and the last one I have left after selling off most of my ASICs.
I can't wait to see the actual clip of this miner hashing, was going to ask about noise levels but this thing's definitely made to be in a datacenter environment considering the rack design. What server form factor is this miner, also? i may be wrong, but isn't this a museum piece already before its being sold?? 15k for an x11 miner? besides... i think 15500$ is better invested in some good coins for more profit...
i may be wrong, but isn't this a museum piece already before its being sold??
besides... i think 15500$ is better invested in some good coins for more profit...
I think this is more aimed to the data center/ hosted miner's with it being a large rack unit.
Though saying that many people mined at home with the last SP line of miners. Any chance you have inventory left from the old days? I would like an Sp35 its thats possible No. For a museum?
Any chance you have inventory left from the old days? I would like an Sp35 its thats possible
Gotta agree... 200-300 day ROI is too much.
Great to see you guys back and have some more competition in the market. Not planned currently.Do you have any plans to make smaller, SP20 form factor miners? too bad....way to much $$$ for my hobby ass.... brad Great to see you guys back and have some more competition in the market. Not planned currently. Do you have any plans to make smaller, SP20 form factor miners?
Great to see you guys back and have some more competition in the market.
Do you have any plans to make smaller, SP20 form factor miners? Welcome back! Thanks We did miss you, Have fun and enjoy the game. Nice to see rack mountable systems again. /s TuffToad
Welcome back!
We did miss you, Have fun and enjoy the game. Nice to see rack mountable systems again. /s TuffToad Great to see Spondoolies back in the game! Missed you
Great to see Spondoolies back in the game!
Welcome back!
Fantastic to see a proper data centre miner again! What would this produce a day in X11?
Thanks Guy!
We sent you a PM regarding the machines. Nice to see you back in the space! We will post pictures and short clip shortly. Do we get any spec's of the machines or images in the topic?
Great to see competition at the market. Thats datacenter miner but powerful one.
uhm, 4.4 KW. Isn't that a little too much?
Nice to see you back in the space!
Do we get any spec's of the machines or images in the topic?
And we're back
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
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