Topic: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs - page 348. (Read 1260363 times)

How trust worthy are http://www.michigan-colocation.com/.

I'm planning to give my SP-30's to them. Anyone else hosting with them?

Can I change the pools at anytime? Do they give VPN?

As I reply to this BTC = ~$396.80 .. so of course these numbers are off, could have been off if BTC was $1000 too, not talking about. What I see missing is the difficulty level factor in this. 147 days to pay back for example using the difficulty rate would be much longer. or am I wrong?

I made up a spreadsheet much like this, used it to compare all the miners I could find on Amazon, ebay and on. Pretty much the SP35 was the best in short time to break even as a single unit. Which is why I was drawn to this topic to start off. I wanted to gather more info.

Tubes was second. Plus easier to get with lower cost so they too hold an advantage. S3 fell in third on how I figure on the spreadsheet.

The poster who posted the 80/20 rule, many post back from this now, is right. Goes further too in forums as if this forum is anything but average, 80 percent noise to 20 percent useful info. Sorry if I spark further trolls ... it was that difficult to read and find useful info here on the SP35.

I don't want to sound negative either, like so many other posts here but it just seems the costs now are not going to pay back for much longer than a 147 days. Electricity cost are not a factor for me. Where my units would be placed I do not pay for the engery, nor the heat/cooling. All part of the lease. I either use it or not. I would get the best bang for my lease if I did. Problem is there is amount to use, that is limited current wise. I would only be able to place in 4 SP35s as is. Then I would have to run additional capacity into the room.

I had mention that these units would be shut down when a lower noise level was desired. Right now, that would be less than 20 hours a week. A drop in the bucket. The room is not that much used.

I am looking at other alt coins for mining and dropping BTC mining. Depends on the answers to this post.

Please don't respond to this post with further trolling. Just looking for some clarifications.

Dale

Thanks! Nothing better than getting out on the water.... Trolling

It will help if the manufactures would only accept BTC, not BTC trough BitPay, but BTC directly to their wallets.

There is always, always download pressure, it doesn't matter if its in the hands of the public or larger farms. Everyone has bills to pay, everyone has to convert at some point. And unless money coming in remains > mining money + money going out, prices shift down.

Even if all these inefficient farms upgraded their entire fleet of hardware overnight, they'd still have to convert to pay the capital costs back - it makes little difference.

From my trip to China, I heard the following repeatedly:
Lots of large farms using inefficient miners, placed at 6-10 cents (or above), creating constant downward pressure on the Bitcoin price when converting daily to pay electricity bill.

mining game is highly leveraged to the price of bitcoin.
At $1000, all current miners would become highly profitable (at least in $$ terms)
Personally, i don't typically sell mined bitcoin because I don't have to, but others (especially large operations) sell.

Good to hear, this 'mining game' is getting really rather thin on the rewards side as of late.

Ok, thanks for heads up.

Sad story, but I still don't see how the gun manufacturer is responsible for the boys death. The bigger problem is the law system allows the gun manufacturer to actually get sued. Having a loaded firearm available for a 12 year old boy to get to is the registered guns owners fault. It just boils down to people feeling guilty about what happened and want to make someone pay. They're also greedy scoundrels. Ok, way off topic. Have to read Protection of Lawful Commerce in Arms Act.

Yep, some people have jobs and work a long work week.

Incorrect, 3 recent examples:

http://www.forbes.com/sites/danielfisher/2012/12/18/bushmaster-paid-after-malvo-killings-and-may-yet-pay-again/

http://news.yahoo.com/theater-shooting-victims-parents-sue-ammo-seller-170824059.html


etc......

what dont you get? ppl setup their miners at work to steal electric since 2011.

Gun manufacturers aren't sued if people go around killing everyone with their guns. If he's older then 18 and a human being he has the right to do what he wants. Freedom baby.

Funny, 2 SP30's in the same rack where the music studio is. I just don't get it.

The question is unclear. As I posted few pages ago, I can't comment on Cointerra's plans due to mutual NDA between the companies.
If you're asking if we intend to release more advance products in 2015 then the answer is yes.

Should have done a little more investigating before these simple answers can be found in a few minutes. While bitcoin is at a low right now, sending your units to a hosting facility you probably won't make your money back if you paid retail.

Cointerra's product is nothing but vaporware. No one needs to concern themselves with it.

Guy,

Is S-T planning to compete with Cointerra's AIRE Bitcoin Miner and release their next generation miner?

No, that's not a fact at all. It's an assumption.


So you now admit that you were trolling and talking rubbish about competitors in their thread while praising Spondoolies?


I don't have psychic abilities and as for the present, I've already provided the maths showing that SP20 is poor value compared to the competition.


I wasn't praising AM. In fact, the information I provided showed that the SP35 would be the most valuable miner if all delivery times where immediate, network hash rate was static, BTC price was static and cost of electricity was static. It also showed that the SP20 would be forth, with the S3+ B9 second and an AM Tube in third place. As it stands, the SP20 is just poor value. That's just how it is and nothing you or I say will change that. Only Spondoolies can fix it.