Topic: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs - page 25. (Read 1260307 times)

Why are you not telling more about the miner situation since people are asking but just posting some news links? 

Agree. More the Psychic Network 'infomercial' imho.

They say things we want to hear but in that is it all in the 'ASIC Spirit World" alas never comes to pass We 'hope' to make sp50's (see wall outlets/racks) but the asic spirits are 'restless' so we may fudge on this


agree on a side note sp10's on ebay (cheapest one) 189 bucks at my 10c kwh I'd only lose 49 bucks a month in electric from what I figured....heh...

http://www.ebay.com/itm/Spondoolies-SP10-1-4TH-s-Bitcoin-Miner-Price-to-sell-/281966661382?hash=item41a685cf06:g:fIkAAOSwUuFW1JXd

cute toys...but not that cute to fire up and to play with..thou next winter IF I needed a space heater (naw got the 2013 KNC 550 gh Jupiter for that yet) maybe (er nevermind)

maybe in another year when they go for 50 bucks I'll get one and use it for ASIC wall art in the basement. (damn I need a life)

How's it going 'Unacceptable'

I just wish this thread would go back to hardware. This was one of the threads I once enjoyed checking daily.  Reading about miners for at quite a while. 

Is there any plans on making any miner info public?  Or has it been decided for foreseeable future no miner talk?

I think SPtech has gone "infomercial" only   

Do you have any plan to talk to people on here ever again? or simply post news links?

If anybody is looking for a few second hand spondoolies (5x SP20, 1x SP35):

https://bitcointalksearch.org/topic/sold-5x-spondoolies-sp20-17ths-europe-1398529

https://bitcointalksearch.org/topic/sold-spondoolies-sp35-55ths-europe-1398523

Thank you Spondoolies-Tech and Happy PI day back at you.  Interesting article and a good read.

Lets hope that this community, will continue to support you all well on your 2016 endeavors.

Thank You for your time in advance,

  /s TuffToad

http://bravenewcoin.com/news/bitcoin-and-blockchain-startups-booming-in-israel/

Happy Pi Day

 

  https://www.youtube.com/watch?v=hkjhyUAO73w&feature=youtu.be

Look at this it looks great

Anything in particular?

Edit: Weird VR tour video posted by BTCS https://www.youtube.com/watch?v=hkjhyUAO73w

fuck these cunts...that is all

You should not build out an area for a miner that is not out, that goes for any company not just SP.  But even when SP50 was talked about more they seemed like data center sales a customer with hobby level amount of electricity... was not on radar it did not seem.

I do miss this forum being about hardware though.  So I give you points for a hardware post in here.  But as far as what you can buy easily right now it's A6's and S7's.  Net gen...  is a good question.  But as far as easy to get it's all this gen.  If it makes sense will all depend on your electricity price.

Aha, thats convenient.

So potentially they haven't openly sold a server for a year now. Not good for a company thats only 3 years old!

oh well

~13th March 2015 they went out of stock of the last SP3Xs. Happy birthday, Spondoolies!

... Not forgetting waiting for Spondoolies to actually produce the mystical SP50.

I am still annoyed as I have 300a @ 240v (3x 100a feeds) of ultra cheep power that I just want to stack out with Spondoolies kit.

However I gave up holding my breath for Spondoolies servers a while back. On that note how long has it actually been since SP-Tech actually released anything? not including the SP50 obviously

In the mean time I am just sat buying batches of 12 S7's, which I don't particularly like compared to the SP3x series. but what else can I buy in all honesty?

regs

But they've done the hard part by leasing an old factory, now all the need to do is install the servers! /s

Which makes a complete mockery of the previous video from 6 Months ago when Charles was showing off the racks into which they were going to put the "New Spondoolies next gen SP50 as soon as they are off the assembly line"


Rich

My opinion:
We missed some of the great action! BTCS *appears* to have paid nearly $200,000 to a company to court potential investors on their behalf... while generating just $500k revenue... and losing ~$25m in two years....

Advert for BTCS: https://www.youtube.com/watch?v=aIzm25IHRrw
Staged 'interview' with CEO: https://www.youtube.com/watch?v=ppOpZbDoDNw

Highlights (these are rough quotes + my opinion):

• Sitting down with jacket buttoned *sigh*
• 3,389% growth last year!!!!!
• Spondoolies acquisition is game changer
• Spondoolies is a leader in the mining section (despite not having anything to sell for a year)
• Spondoolies was there from the onset (eh?)
• Spondoolies did $28M revenue in 2014, raised $10M
• Definitive agreement took a while due to "negotiation"
• "Excited about the possibility of getting it done". Weird language.
• In reply to "How do you make money"? Costs $130-$140 to mine a bitcoin.
• They look to maximise their profit. Okay.
• Mining is the "cash cow" of the industry.
• Capacity is paid for, "just need to install the miners".
• On the purchase of Spondoolies, they plan to "design and build next generation servers to deploy in [their] facility". SP50s are just renderings.
• BTCS has only raised $6M? That doesn't seem right.
• BTCS will be "Fully funded" in 3-6 months.
• If they had raised $5M in the near year they'd have done $44M in revenue.
• "Biggest hurdle was getting through the SEC and the registration statement, they asked a lot of questions"
• Registered offering coming up.
• They want 15% of the network. At 1300PH today and 110TH per SP50, they'd have to magic up 2100 SP50s INSTANTLY to make that happen. Even at a $15k build price thats $31M of capital required. Someones fibbing.
• The CEO, Charles Allen is
  
  • an engineer (batchelors from Lehigh University)
  • MBA (from "Raymond A. Mason School of Business", ranked 74th in the US)
  • 8 years as various IB, regulatory specialist.

yeah previous posting of 'home mining is dead' i get it

yeah don't do BTC for home mining ..a very very slight angle if you ..do scrypt (me LTC) but ONLY if 2 things are possible (unlikely)

1) If you already have a big ass alcheminer or titan miner it is POSSIBLE with heat on house benefit last winter anyway and in my case 6 months out of year
4c decrease winter rates (for elec heating folk...and they are great space heaters the titans 85% of my house was heated with such in Minnesota)
or you are in say Texas (4c kwh) Oregoin (3c kwh) etc anyway killed 85% of house heated by titans and 4c off elec rate oct to may (6 months) then back up 4c kwh

2) You can find such a used 'unicorn' above ...use my method above (currently at 3100 watts 11 cubes) to heat house with home miner space heaters and get the
     electrical rate reduction for electric heat as primary heat option (hey they asked..i told the utility it was 'computer servers' they gave it to me anyway ...not sure it 'space heating'
     is supposed to go thru miners first ..but there you are..nice pleasent clueless electrical utility lady) Even offered to be inspected...nope 'rubber stamped it' at utility end lol


but yeah its dead..home mining indeed..but I managed maybe to get this into  Oct and one more winter...the guy in Oregon at 3c kwh hell he may mine OK till 2018 lol

but no way I could do this anymore with any Spondoolies unit ...probably even in Oregon and elec rates and certainly not hosting even in Canada at 8c kwh with the
expense of picking up any equip scrypt or otherwise ..would be quite the gamble and 2 above you'd practically have to be given a unit (scrypt) for free for it MAYBE
to make more then you could get just buying btc or ltc

anyway ...postponed the 'inevitable' for yet another year...but for purposes of this thread ...unless a sp50 "kit" comes out at a way way way reasonable home miner price

(why am I saying that ..our soon to be 'galactic overlords' will arrive with their 'crypto coin' first}

but yeah...the 'fat lady' has been singing on this for quite a while

well anyway back to this thread of hunting the 'supposed' SP 50 btc miner (great white whale quest)

ie myth or reality even if in a data hall only? Film at 11pm?


But it would be nice if AT LEAST they could show SP50 equipment and such details even if we can never afford such at their data halls ect....just saying

I would agree with this as well. It's been "ages" since this thread has anything useful in terms of hardware. The SP50 miner seemed ripe for discussion, then nothing.....

P.S. I think @Searing is completely aware of the "home mining situation". Just read more of his posts on other threads.