[ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs - page 575.

Biodom

legendary

Activity: 3892

Merit: 4331

Quote from: kendog77 on June 11, 2014, 01:27:03 PM

Quote from: opentoe on June 11, 2014, 12:47:31 PM

Quote from: lucazane on June 11, 2014, 12:33:14 PM

Quote from: opentoe on June 11, 2014, 12:26:06 PM

Can someone confirm this page? I plugged all the numbers in and says the SP30 won't break even at all.

https://tradeblock.com/mining/a/1cd0d85758

Price is wrong : it's 5k$ not 12k$
Difficulty will never be 100MM in 7 months.
BTC/usd will not stay the same.

I changed it to 5,000 and was just about the same. I'll agree BTC/USD we'll never really know what it will be and well, difficulty is always on the rise. https://blockchain.info/charts/difficulty. Seriously, does it ever go down to make a difference?
Still no ROI in 12 months. If you aren't guaranteed a positive return on your investment then don't invest.

If the price of BTC goes up significantly, a SP30 will probably ROI in fiat terms. However, with the price of BTC at $633, one could simply buy ~8 BTC right now for $5000, and it's very unlikely that 6TH delivered in September will ever mine 8 BTC.

it depends on the mindset, mostly, as you know. If difficulty rises will be limited to 30%, it might. Besides, Sp-30 will have residual value, which could be as much as same $5000 if BTC rises to $1000-1500 (KnC Jupiter went for $15K at one point), so you might spend 5K now (forget about how much BTC it is), then get BTC through mining, then sell Sp-30, recouping some (if not all of $$) cost and electricity. That's the plan.

kendog77

hero member

Activity: 742

Merit: 500

Quote from: opentoe on June 11, 2014, 12:47:31 PM

Quote from: lucazane on June 11, 2014, 12:33:14 PM

Quote from: opentoe on June 11, 2014, 12:26:06 PM

Can someone confirm this page? I plugged all the numbers in and says the SP30 won't break even at all.

https://tradeblock.com/mining/a/1cd0d85758

Price is wrong : it's 5k$ not 12k$
Difficulty will never be 100MM in 7 months.
BTC/usd will not stay the same.

I changed it to 5,000 and was just about the same. I'll agree BTC/USD we'll never really know what it will be and well, difficulty is always on the rise. https://blockchain.info/charts/difficulty. Seriously, does it ever go down to make a difference?
Still no ROI in 12 months. If you aren't guaranteed a positive return on your investment then don't invest.

If the price of BTC goes up, a SP30 will probably ROI in fiat terms. However, with the price of BTC at $633, one could simply buy ~8 BTC right now for $5000, and it's very unlikely that 6TH delivered in September will ever mine 8 BTC, and that doesn't even include the cost of running the hardware.

zvisha

hero member

Activity: 560

Merit: 500

Quote from: tuvokcoin on June 11, 2014, 11:44:34 AM

Quote from: zvisha on June 11, 2014, 09:43:35 AM

Quote from: murdof on June 11, 2014, 09:00:01 AM

Quote

If you create a file called /etc/mg_ignore_110_fcc the FW will not limit the 1100W. Note that this mode of work is not well tested by me, and can cause extreme heat in some cables. Make sure you have proper cables that match the amperage of the system. We take no responsibility of any damage done to the miner, PSU or your house if you set this flag. The PSU supports up to 14.5 Amper, so make the proper computation (and don't forget to add 10% to SP10 limit for PSU efficiency).

Can you give us some values to play with then?

You have to know the cables you have. There are 16A cables sold in stores. PSU supports 14.5A which is your limit. You have 110V.

14.5 * 110V = 1595W
PSU efficiency in 110V is ~85%, so your limit is 1595*0.85 is over 1300W, so it looks like assuming you have 16A cables you are clear to go. But if your voltage is 100V (which can happen) then you are limited more.

Just make sure you have 16A cables.

zvisha,

Maybe you shouldn't be encouraging this. The cables required need to be 20A for a continuous rating of 16A. The IEC 320 standard power cord for this rating is C19/C20 or C21/C22 connector/plug combination. However, these connectors will not fit the power supply which probably means the power supply was never intended (or tested) for 20A.

I don't encourage this. I think the disclaimer about "damage to your house" will make people consider. However, some people do have 16A cable and asked to enable this feature. It is way cheaper to buy proper cable then to install 220V. I found out there are some DCs in US that have 110V.

RoadStress

legendary

Activity: 1904

Merit: 1007

Quote from: Minor Miner on June 11, 2014, 12:58:31 PM

No you were being a dick. Where in my ONE sentence does it say "complaining about being tricked?". You think "before more people do the foolish thing I did" translates to "you ripped me off"?
Bullshit. Your response was a dickhead move and shows your character. An apology should have been your reply.

Yes that's exactly what I thought. My reply was exactly for this way of thinking. Since you weren't actually complaining that you were tricked then my answer shouldn't have offended you. You got the whole thing wrong, just like myself. That's why we need to call it even.

Guy Corem

donator

Activity: 1414

Merit: 1051

Spondoolies, Beam & DAGlabs

SP10 and SP30 rack installation guidelines: here (download it and don't view in Dropbox online viewer if you want to open the embedded PDFs

Guy Corem

donator

Activity: 1414

Merit: 1051

Spondoolies, Beam & DAGlabs

Quote from: Minor Miner on June 11, 2014, 12:37:47 PM

you should remove the SHIPPING IMMEDIATELY on your contact us page for the SP10 before more people do the foolish thing I did and order thinking they will ship NOW.

The banner and the broken link will be removed. Thanks for bringing it to our attention.

Minor Miner

legendary

Activity: 2478

Merit: 1020

Be A Digital Miner

Quote from: RoadStress on June 11, 2014, 12:50:17 PM

Quote from: Minor Miner on June 11, 2014, 12:47:20 PM

Quote from: RoadStress on June 11, 2014, 12:44:12 PM

Quote from: Minor Miner on June 11, 2014, 12:37:47 PM

you should remove the SHIPPING IMMEDIATELY on your contact us page for the SP10 before more people do the foolish thing I did and order thinking they will ship NOW.

How can you order a non-existing product? Link points to May Second Batch and that is out of stock for a long time.

Exactly, thank you captain obvious. Seems like a good reason to take it down doesn't it? I sent an email through this system and DID not click on the link. I ordered later in the day. Regardless, I am just telling them about it because they PROBABLY DO NOT KNOW IT IS STILL THERE.
Get it? trying to be helpful. Your sarcasm is not appreciated.

Thank you for trying to be helpful. I was being sarcastic because you were complaining that you were tricked which you weren't. Let's just call it even.

No you were being a dick. Where in my ONE sentence does it say "complaining about being tricked?". You think "before more people do the foolish thing I did" translates to "you ripped me off"?
Bullshit. Your response was a dickhead move and shows your character. An apology should have been your reply.

RoadStress

legendary

Activity: 1904

Merit: 1007

Quote from: Minor Miner on June 11, 2014, 12:47:20 PM

Quote from: RoadStress on June 11, 2014, 12:44:12 PM

Quote from: Minor Miner on June 11, 2014, 12:37:47 PM

you should remove the SHIPPING IMMEDIATELY on your contact us page for the SP10 before more people do the foolish thing I did and order thinking they will ship NOW.

How can you order a non-existing product? Link points to May Second Batch and that is out of stock for a long time.

Exactly, thank you captain obvious. Seems like a good reason to take it down doesn't it? I sent an email through this system and DID not click on the link. I ordered later in the day. Regardless, I am just telling them about it because they PROBABLY DO NOT KNOW IT IS STILL THERE.
Get it? trying to be helpful. Your sarcasm is not appreciated.

Thank you for trying to be helpful. I was being sarcastic because you were complaining that you were tricked which you weren't. Let's just call it even.

Quote from: opentoe on June 11, 2014, 12:47:31 PM

I changed it to 5,000 and was just about the same. I'll agree BTC/USD we'll never really know what it will be and well, difficulty is always on the rise. https://blockchain.info/charts/difficulty. Seriously, does it ever go down to make a difference?
Still no ROI in 12 months. If you aren't guaranteed a positive return on your investment then don't invest.

Difficulty will always rise, but it's very important by how much. Assuming that it will rise with 40% monthly indefinitely is simply wrong and it makes a very big difference when it comes to ROI.

ElectricSavant

newbie

Activity: 32

Merit: 0

Quote

I changed it to 5,000 and was just about the same. I'll agree BTC/USD we'll never really know what it will be and well, difficulty is always on the rise. https://blockchain.info/charts/difficulty. Seriously, does it ever go down to make a difference?
Still no ROI in 12 months. If you aren't guaranteed a positive return on your investment then don't invest.

but opentoe...its for the cause...HeHe

opentoe

legendary

Activity: 1274

Merit: 1000

Personal text my ass....

Quote from: lucazane on June 11, 2014, 12:33:14 PM

Quote from: opentoe on June 11, 2014, 12:26:06 PM

Can someone confirm this page? I plugged all the numbers in and says the SP30 won't break even at all.

https://tradeblock.com/mining/a/1cd0d85758

Price is wrong : it's 5k$ not 12k$
Difficulty will never be 100MM in 7 months.
BTC/usd will not stay the same.

I changed it to 5,000 and was just about the same. I'll agree BTC/USD we'll never really know what it will be and well, difficulty is always on the rise. https://blockchain.info/charts/difficulty. Seriously, does it ever go down to make a difference?
Still no ROI in 12 months. If you aren't guaranteed a positive return on your investment then don't invest.

Minor Miner

legendary

Activity: 2478

Merit: 1020

Be A Digital Miner

Quote from: RoadStress on June 11, 2014, 12:44:12 PM

Quote from: Minor Miner on June 11, 2014, 12:37:47 PM

you should remove the SHIPPING IMMEDIATELY on your contact us page for the SP10 before more people do the foolish thing I did and order thinking they will ship NOW.

How can you order a non-existing product? Link points to May Second Batch and that is out of stock for a long time.

Exactly, thank you captain obvious. Seems like a good reason to take it down doesn't it? I sent an email through this system and DID not click on the link. I ordered later in the day. Regardless, I am just telling them about it because they PROBABLY DO NOT KNOW IT IS STILL THERE.
Get it? trying to be helpful. Your sarcasm is not appreciated.

RoadStress

legendary

Activity: 1904

Merit: 1007

Quote from: Minor Miner on June 11, 2014, 12:37:47 PM

you should remove the SHIPPING IMMEDIATELY on your contact us page for the SP10 before more people do the foolish thing I did and order thinking they will ship NOW.

How can you order a non-existing product? Link points to May Second Batch and that is out of stock for a long time.

Minor Miner

legendary

Activity: 2478

Merit: 1020

Be A Digital Miner

you should remove the SHIPPING IMMEDIATELY on your contact us page for the SP10 before more people do the foolish thing I did and order thinking they will ship NOW.

RoadStress

legendary

Activity: 1904

Merit: 1007

Quote from: opentoe on June 11, 2014, 12:26:06 PM

Can someone confirm this page? I plugged all the numbers in and says the SP30 won't break even at all.

https://tradeblock.com/mining/a/1cd0d85758

Not with a cost of $12,000 for the hardware and not with 40% diff growth monthly. We are already looking at less than 30% according to this graph http://bitcoin.sipa.be/growth.png

I'm planning to buy one more SP30 from the September Batch btw

lucazane

legendary

Activity: 1198

Merit: 1000

Quote from: opentoe on June 11, 2014, 12:26:06 PM

Can someone confirm this page? I plugged all the numbers in and says the SP30 won't break even at all.

https://tradeblock.com/mining/a/1cd0d85758

Price is wrong : it's 5k$ not 12k$
Difficulty will never be 100MM in 7 months.
BTC/usd will not stay the same.

opentoe

legendary

Activity: 1274

Merit: 1000

Personal text my ass....

Can someone confirm this page? I plugged all the numbers in and says the SP30 won't break even at all.

https://tradeblock.com/mining/a/1cd0d85758

tuvokcoin

newbie

Activity: 23

Merit: 0

Quote from: zvisha on June 11, 2014, 09:43:35 AM

Quote from: murdof on June 11, 2014, 09:00:01 AM

Quote

If you create a file called /etc/mg_ignore_110_fcc the FW will not limit the 1100W. Note that this mode of work is not well tested by me, and can cause extreme heat in some cables. Make sure you have proper cables that match the amperage of the system. We take no responsibility of any damage done to the miner, PSU or your house if you set this flag. The PSU supports up to 14.5 Amper, so make the proper computation (and don't forget to add 10% to SP10 limit for PSU efficiency).

Can you give us some values to play with then?

You have to know the cables you have. There are 16A cables sold in stores. PSU supports 14.5A which is your limit. You have 110V.

14.5 * 110V = 1595W
PSU efficiency in 110V is ~85%, so your limit is 1595*0.85 is over 1300W, so it looks like assuming you have 16A cables you are clear to go. But if your voltage is 100V (which can happen) then you are limited more.

Just make sure you have 16A cables.

zvisha,

Maybe you shouldn't be encouraging this. The cables required need to be 20A for a continuous rating of 16A. The IEC 320 standard power cord for this rating is C19/C20 or C21/C22 connector/plug combination. However, these connectors will not fit the power supply which probably means the power supply was never intended (or tested) for 20A.

ElectricSavant

newbie

Activity: 32

Merit: 0

Folks and fellow miners,

I have had some communication with the fellow named "Guy" at Spondoolies. Folks you really should go to their website if you have any specific questions about your planned purchase....they are really really helpful and seem to be there for their customers.

It may be short lived...but for right now you cannot get better support. We shall see.

I found out that these units ARE NOISY. You really do not want to run them in your home unless you got a basement.

Hosting is a kewl idea...they keep the unit and run it for you...THIS IS NOT REMOTE HOSTING!

When you preorder your unit you do not need to pay and preorder the hosting part...you just give them a note not to ship and hosting payment to follow.

Anyways hope this helps!

ElectricSavant™

opentoe

legendary

Activity: 1274

Merit: 1000

Personal text my ass....

Quote from: kendog77 on June 10, 2014, 10:32:29 AM

Quote from: opentoe on June 10, 2014, 10:26:12 AM

Trying to get my Dad to order an SP30 along with me but he doesn't like ordering something that cost that much and then have to wait quite a while to get it. And I can't come up with any positive notes on why it is a good deal. He's old school. You give your money, you get your product. Once the Neptune's start rolling out from KNC and start hashing away, maybe some deciding factors will present themselves. God I'm such a baby, it's only $5k, right? 4 mortgage payments, big deal.

I'm guessing even before the September SP30's come out they will be sold out so they'll never be in stock anyway. Has to be a psychological thing to I think.

The SP30 looks nice, but the competition doesn't sit still.

By the time time August / September rolls around, you can count on the SP30 going head to head with the Bitmain S3 and Knc Neptune. It's impossible too tell which will be a better deal at that time because there are too many variables and a lot will change in the next 3 months.

And with no refunds %100 of the risk is on the consumer. Bitcoin mining is a one of a kind business!

zvisha

hero member

Activity: 560

Merit: 500

Quote from: murdof on June 11, 2014, 09:49:40 AM

Quote from: zvisha on June 11, 2014, 09:43:35 AM

Quote from: murdof on June 11, 2014, 09:00:01 AM

Quote

If you create a file called /etc/mg_ignore_110_fcc the FW will not limit the 1100W. Note that this mode of work is not well tested by me, and can cause extreme heat in some cables. Make sure you have proper cables that match the amperage of the system. We take no responsibility of any damage done to the miner, PSU or your house if you set this flag. The PSU supports up to 14.5 Amper, so make the proper computation (and don't forget to add 10% to SP10 limit for PSU efficiency).

Can you give us some values to play with then?

You have to know the cables you have. There are 16A cables sold in stores. PSU supports 14.5A which is your limit. You have 110V.

14.5 * 110V = 1595W
PSU efficiency in 110V is ~85%, so your limit is 1595*0.85 is over 1300W, so it looks like assuming you have 16A cables you are clear to go. But if your voltage is 100V (which can happen) then you are limited more.

Just make sure you have 16A cables.

I have 240V - One miner is pulling is 224V and the other 227V. I guess this is for 110V guys?

Yes only 110V

Topic: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs - page 575. (Read 1260354 times)