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Topic: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs - page 54. (Read 1260395 times)

legendary
Activity: 1372
Merit: 1022
Anarchy is not chaos.
All this of course assumes an intelligent designer.
I would never make such an assumption.
This is very grim when we can't assume an intelligent designer even in the Spondoolies' thread.

I was sort of OK, when the Chinese mining chip vendors weren't able to hire or contract the actual design talent. China is undergoing a period of extra-fast growth and there are plenty of competing opportunities there.

But I'm getting scared if a Jewish company can't find an intelligent Jew to stay with them even part-time to tell the ins-and-outs of hardware engineering.

What does it mean for Bitcoin if the really intelligent Jews avoid it and the only Jews that deal with Bitcoin are the ones that skew towards being criminally optimistic?

Am I criminally optimistic Jew ?

I sincerely hope so Cheesy The world has been vastly improved by criminally optimistic Jews like Albert Einstein and Murray Rothbard..
donator
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
All this of course assumes an intelligent designer.
I would never make such an assumption.
This is very grim when we can't assume an intelligent designer even in the Spondoolies' thread.

I was sort of OK, when the Chinese mining chip vendors weren't able to hire or contract the actual design talent. China is undergoing a period of extra-fast growth and there are plenty of competing opportunities there.

But I'm getting scared if a Jewish company can't find an intelligent Jew to stay with them even part-time to tell the ins-and-outs of hardware engineering.

What does it mean for Bitcoin if the really intelligent Jews avoid it and the only Jews that deal with Bitcoin are the ones that skew towards being criminally optimistic?

Am I criminally optimistic Jew ?
legendary
Activity: 2128
Merit: 1074
All this of course assumes an intelligent designer.
I would never make such an assumption.
This is very grim when we can't assume an intelligent designer even in the Spondoolies' thread.

I was sort of OK, when the Chinese mining chip vendors weren't able to hire or contract the actual design talent. China is undergoing a period of extra-fast growth and there are plenty of competing opportunities there.

But I'm getting scared if a Jewish company can't find an intelligent Jew to stay with them even part-time to tell the ins-and-outs of hardware engineering.

What does it mean for Bitcoin if the really intelligent Jews avoid it and the only Jews that deal with Bitcoin are the ones that skew towards being criminally optimistic?
legendary
Activity: 1666
Merit: 1185
dogiecoin.com

That's no more efficient than their last gen gear, assuming it's even real.  Guessing it's not.

Especially seeing as the picture is just 2 SP3Xs cropped on top of each other...
hero member
Activity: 686
Merit: 500
FUN > ROI
All this of course assumes an intelligent designer.
I would never make such an assumption.  I'd be reasonably comfortable with some BGAs ( e.g. https://bitcointalksearch.org/topic/m.6240896 ) that don't adhere to a more logical design, but if they can be avoided at all, that has most designers' preference.
Unfortunately you haven't launched your TO-220-5/7 chip yet Smiley



So miners are called transaction verification servers now?
At least since May; https://bitcointalksearch.org/topic/m.11412144
BTCS/SP aren't the only ones doing this either.  The terminology change makes sense in the long run on a technical level, and on a marketing level in the short run.
hero member
Activity: 994
Merit: 504
the price reduced badly Huh? but still is too damn high with very low electric specs...my bet...scam
legendary
Activity: 784
Merit: 1000

That's no more efficient than their last gen gear, assuming it's even real.  Guessing it's not.
legendary
Activity: 2030
Merit: 1076
A humble Siberian miner
hero member
Activity: 924
Merit: 1000
Bulk sales?  Well of course... they are pretty bulky. Wink
I've already ran extension cords from all my neighbors yards preparing for arrival. (just kidding)
I believe this and other soon to be released miners are going to create a drop in Btc price at Christmas time.
But good job thinking big but a beast like this needs to be posted on Ebay or some Fortune 500 site.
legendary
Activity: 1456
Merit: 1000
Can we get back to discussing the SP50? 2 pages of random ass stuff...

Hard to discuss what isn't yet in the wild Wink

Seriously though, why is BTCS stock not leaping up on the news?

Because it'll take a lot to turn around multi M losses every quarter which is a risk. Think how many SP50s that takes to sell even with a nice margin. Overall though they've got a good chance with exclusive(ish) control of the SP50, with enough capital they can just mega farm their own btc at cents on the dollar.

My thoughts exactly. This puts them hot on the tails of bitfury and KNC (presumably those two taped out <0.06w/GH or are trying to) and the stock is effectively a share in a hardware manufacturer AND mining company. granted that the current evaluation may not be 'right', I still expected to see a >0.02c movement based on the news


It's kinda all speculation I don't know if we can trust presumed tape out.   So far bitmain and SP both kept 28 NM.  Seems that is put them at an advantage.

I am interested to see the other companies with lower NM.  But if SP can get these monsters out soon I can see profit for them specifically internally mining with them.
legendary
Activity: 3990
Merit: 4597
So miners are called transaction verification servers now?

except they are being paid literally peanuts for such services, as you know. Most of the income for BTCS is in sales of "mined" bitcoin.
That's why these large farms of you-know-who ever did diddly-squat for anything that is good in bitcoin.
They mine bitcoin, then they sell it like a real miner/commodity owner does.
It is a path that leads nowhere.
legendary
Activity: 2128
Merit: 1005
ASIC Wannabe
Can we get back to discussing the SP50? 2 pages of random ass stuff...

Hard to discuss what isn't yet in the wild Wink

Seriously though, why is BTCS stock not leaping up on the news?

Because it'll take a lot to turn around multi M losses every quarter which is a risk. Think how many SP50s that takes to sell even with a nice margin. Overall though they've got a good chance with exclusive(ish) control of the SP50, with enough capital they can just mega farm their own btc at cents on the dollar.

My thoughts exactly. This puts them hot on the tails of bitfury and KNC (presumably those two taped out <0.06w/GH or are trying to) and the stock is effectively a share in a hardware manufacturer AND mining company. granted that the current evaluation may not be 'right', I still expected to see a >0.02c movement based on the news
legendary
Activity: 1302
Merit: 1318
Technical Analyst/Trader
So miners are called transaction verification servers now?

Sure...  I like the sound of that when doing my taxes writing off my hardware expenses.

LOL good luck with getting that past the IRS.

It's nothing to get "past" them.  It's only two sheets of paper I give my accountant for my business every year.  No details needed unless audited.  Even if I am audited, there is nothing to hide because EVERYTHING is documented and accounted for.  I give myself payroll and I also take some "draws" as well but never more than 50 percent.  My wife is an accountant.  I think you need to do your homework.  

What the hell do I have to get "past" the IRS?  The hardware (rigs) are depreciating assets.  They depreciate a certain amount each year.  If they are sold [As mine were] you simply subtract the depreciated value from what you sold them for.  Depending on the difference, you might end up on the "up" side.  If you end up making money from the sell AFTER depreciation, then money is made and corporate taxes are to be paid.  You don't even have to do it as a corporation as I have.  You can simply use your SSN.  I have an EIN for my S - Corporation.
grn
sr. member
Activity: 357
Merit: 252
Can we get back to discussing the SP50? 2 pages of random ass stuff...

Hard to discuss what isn't yet in the wild Wink

Seriously though, why is BTCS stock not leaping up on the news?

Because it is already overpriced
legendary
Activity: 1302
Merit: 1318
Technical Analyst/Trader

I got a gas dryer Sad

We have some gas dryers here in the US.  Especially, where electric rates are high.  However, most dryers in the US are electric.
legendary
Activity: 1096
Merit: 1021
So miners are called transaction verification servers now?

Sure...  I like the sound of that when doing my taxes writing off my hardware expenses.

LOL good luck with getting that past the IRS.
legendary
Activity: 1302
Merit: 1318
Technical Analyst/Trader
So miners are called transaction verification servers now?

Sure...  I like the sound of that when doing my taxes writing off my hardware expenses.
legendary
Activity: 1096
Merit: 1021
The rubicon has been crossed.

RIP profitable hobbyist mining on 120V circuits.

I hear you there.  Sucks that the majority of the US is 120V.

This bad boy really does make the S7 look like a home miner.

Really?  LOL

Do you not know what a two poll breaker is?  Each poll has 120V on them for a total of 240V.  All of our dryers, AC units and ovens require 240V.

I got a gas dryer Sad
legendary
Activity: 1096
Merit: 1021
So miners are called transaction verification servers now?
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