Topic: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs - page 184. (Read 1260290 times)

Sure, they can do that but then they won't fulfill their contracts...
We're working on different mechanism to show cryptographic proof of hash rate without service interruption in our next gen. More details soon.

Does it really matter?

If they have X PH/s, why can't they point X PH/s to an address (or addresses) to prove they aren't running a fractional reserve?

Why do you assume it's one mining address?
I've seen different implementation in the industry.

Although your word is nice, a publicly disclosed mining address would be better.

Genesis Mining started with Alts and GPUs in the beginning of 2014.
They quickly grew their business. It's 100% backed by real hardware.
They had quite a lot of coverage in the media.
Example: https://www.cryptocoinsnews.com/genesis-mining-explaining-largest-scrypt-cloudmining-provider/
You can see a picture of Marco Streng the CEO in their Icelandic DC here: http://asicscrypt.com/marco-streng-ceo-genesis-mining-talks-project-x-cloud-mining/

Guy

well imho you will definitely have a 'niche' everyone seems to be going 'completely' commercial or cloud mining etc...one of the other
 (like KNC) and with that in mind...you likely will be even better off
then the sp20 in sales imho simply because of the rareness of making a small miner in the future....so yeah make the big machines but I think a lot of us would appreciate it if you managed to at least 'chip a piece' off the bigger units and toss them in a box like the sp20 ..for at least an  'attempt' to 'eventually' pick up something like that..I have hope for the future BTC price where this is possible at $220  a BTC and 15ckwh elec costs.... in my neck of the woods..er not so much possible now....but then again some hope is better then no hope don't ya know...er equip wise owned vs cloud as an option  for this arguments sake....at 500 usd a BTC this could do really well if the price came back at that..but again at least you all
seem 'open' to such an option ..unlike others in the industry

again appreciate you addressing this as an option ..you may not have any idea either but at least you answer our questions on here promptly (as lame as they may be in my case)

it is a ray on sunshine in the 'cloudy' dark asic mnfg business as it exists today imho

again thanks for your updates on this forum we all appreciate it (esp genesis mining ...er never heard of it before your post) trust your opinion will also take that into consideration

Genesis Mining is the most trustable cloud mining provider and I'm proud about this partnership. I know Genesis Mining management personally and I consider them friends.

Yes Marco is good people they do have a lot of experience and mining power already on the network. They are very professional unlike other offering in the "cloud".

We still expect most of our revenues to come from hardware sales. We got a lot of requests for cloud mining offerings, and we believe we're doing it the right way by partnering with Genesis Mining.

so are you like the rest of the industry...getting completely out of the 'consumer' end of the mining equip side (ie no token type sp20 units anymore or equiv in the future
for those dense of us who would like to at least 'try' to home mine in the future..yeah yeah...I know still dream about 500 usd btc where this may be possible) or has
that dream left the barn .....like all the other asic manufacturer's seem to have stated as well?

I've missed Bitcointalk

Zvisha implemented the scheduler, please give it a try: http://www.spondoolies-tech.com/blogs/technical-blog

Also, we're doing soft launch of our cloud mining offerings. It's partnership with Genesis Mining.
We're brining small amount of hash power online in our Israeli DC. Upon selling of contracts, we'll ship mining gear to cover the contracts to Genesis Mining DC in Iceland.

Guy

Dumping almost 1% of the total btc in existence per month is not "miniscule" in my book.

that's my point exactly: selling from miners is miniscule (even at 100% it is just $20 mil/month, so it it has to be lower than even that number). To me it indicates zero interest from wall street in bitcoin as an asset, nothing more, but this could change.

Coins are not trading at high volume.
That small volume controls the price of coins.
If 100 million  a month  was spent buying  coins for 3 months  it would drive the market up a lot.

Actually, with all due respect, i think that Guy has a puzzling perspective as seen at the very end. He thinks (as many others as well) that small dumping by miners somehow creates a vicious downward cycle. However, right now this is just 3600 coins a day or 100K coins a month (measly $20 mil $$ in a month which is nothing in comparison with world debt and money issuance) while we already have almost 14 mil coins. If there will be more interest in acquiring these coins from the general public, miners selling pressure would be overwhelmed. When the balance will occur, i don't know, but it is certainly not permanent.

-----BOARD-3-----
PSU[UNKNOWN]: 0->(205w/205w)[205 205 205] (->205w[205 205 205]) (lim=150) 0c 345GH cooling:0/0x0

Why do you suppose my board 3 exceeds the limit I have set of 150 in the settings tab? I would think it should have limited it like the other boards (<146).

On a related note, anyone have an idea as to why 2 of my SP20s show up on myminer.io, but the other 4 don't?

Is there any software I can use to monitor all my 6x SP20's which are remote?  Other than going into them individually via ssh?

We have something like that as well- but for lots of customers that want to use something like CryptoGlance, and only has 2-3 machines being able to change it from the GUI would be nice

Fair point, I did want to give you a heads up in case it will help.. I took to building a job manager that automatically scans my network for hosts and plumbs them into my management webapp, can make changes to hundreds of machines in a minute or two..