Topic: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs - page 667. (Read 1260421 times)

that's an option, but i don't want to manipulate the system since I don't completly understand it. do you have a best practice ?

done !

Far be it from me to think I am able to advise you on your purchases, I'm just happy to see the hashrate spreading out a bit, and well you all know i'm not a big player, which is fine by me, I like the risk, if i'm holding 4BTC in my wallet and the price crashes, I still look to the future.
for me;

BTC4 does not equal $2k
BTC4 = BTC4

and wherever I can spend it, as opposed to trading it, I will. every time.

I am not adverse to risk Raskul. Spondoolies could be the one fab that does do right by our community.

Like Smooth I am seriously considering some SP30's but I am only going to risk what I can afford to lose. Money that if it goes poof. Goes poof.

I think that Spondoolies-Tech have been - so far, the most transparent we have seen for a long time. They didn't come to market until they had 1st batch ready to go and every little pernickety query has been answered by Guy and his team with respect, tact and intellect. Yes, there are hurdles and obstacles in all aspects of life but we are all responsible for our own decisions. Too many people harping on about 'what if?' and failing to understand how bitcoin works in the long term. I have to say, it irks me to see this; people who just want to have a rig so they can cash-out their BTC for fiat at the rate they can get when they mine it and are continually obsessed by ROI this and ROI that... I ask them to remind me, how many block halvings have we had and where are we in the life of our cryptocurrency?

If people no longer feel like early adopters after only ONE block halving, sorry BTCit-joe, but it may be time to get out of the game and find another trading stock. I've no problem spending $5k on an SP10 and i'll have no problem spending more for the next generation of SP-T rigs, when I can afford it. Sadly i'm missing out on the easter group buy as I can't make the payment deadline but i'll be back for more when I can.

As our friend above says, a lot can go wrong but i'm reiterating the fact...
A lot can go right, also.

Was not directed at you. My post was in general and that is why I only took the important part that is an important lesson for everyone. YOU MUST ASSUME YOU WILL LOSE ALL YOUR MONEY BUYING HARDWARE OR BTC. You are being polite and to the point more people need to be like you when discussing this with fabricators. Although these discussions always lead to the dead horse variety as people stop listening to each other. Maybe you can email them and get a more detailed response to your questions. Personally after you question it, you get a response if it is not what you like or expect is fair walk away. That is best advice for anyone here. That again is not directed at you Smooth that is just something for those that are more interested in stirring shit than finding answers. The problem in the miner market is there are NOT ENOUGH SpondooliesTech like companies in this market. Smooth I respect your questions. Don't stop, keep pressing.

Bingo. It's one or the other. They can't have it both ways.

I'm not hounding them to change their policy. They may never change their policy.

What I am doing is responding to their repeated statements that the miner will ship "on time and on spec" despite the fact that they make no actual commitment to that effect to the customer.

Think of it as a warning to prospective buyers that the structure of the business relationship they are proposing makes their statement not particularly credible.

If they stop repeating the statement, I will stop repeating the warning.

This is a community forum, not a vendor-captive sales marketing channel, so they should expect to have their statements
challenged here, especially when basic logic contradicts what they said. As I said before, if there were really sure they were going to ship on time and on spec, it would cost them nothing to guarantee that in some meaningful way.

That said, it is a self-moderated thread. If they want to (not) address the issue by silencing critics, they have the ability to do that (at least on this thread).


False. I'm in fact interested in buying miners, and I have bought about two dozen miners of various types in the past six months. I've already said on this thread that I'm considering the SP30 group buy, and I am. The terms of sale are a negative in my evaluation.

You know when the chips should be done.
You know when the chips should get put to board.
You know when the boards should get put into the chassis.
You know when the miners should be tested.
You know who ordered first.
You know how many miners you can produce a day.
You know how to ship the units out.

There is a lot that can go wrong there and that is why there can be uncertainty.

I believe they have revealed that to everyone right?

Where is the inconsistency?

It seems pretty obvious to me that they know they could not stand behind the commitment if they made it and therefore don't want to make it. So its a glass half full or half empty situation. Kudos for not making a commitment they know they could not keep, no kudos for not admitting that there is more delivery uncertainty than there is.

The customers (buyer) is the one that must assume all the risk. If you are going into a purchase of a machine that mines bitcoin thinking it should be relatively safe or risk free then all the years of bad deals bad players and ups and downs of BTC is never going to dissuade people from buying what amounts to to a HUGE risk. You can't reasonably trust anything or anyone, all deference to Spondoolies who I personally think are very reputable players so far, in bitcoin and even if they provide stellar 100% service you are dealing with an larger number of failure points from chip, to board to supply chain etc. You do your research. Arguing with a manufacturer about how they sell or price is valid. I would say that if you are not happy with the explanation they provide WALK AWAY AND DON'T BUY. Simple. I don't see how it is productive to hound them into changing policy if they are making a determination they do things a certain way. You won't be getting them to change. Point out their limits, ask them why they do it that way then walk away and don't look back. That is something I wish 1000s had done in the BFL, KnC, Black Arrow, Bitmine or HF or Cointerra or Avalon Batch 3 / Group chip buys.

Given what has happened so far we can see the Spondoolies is doing it's best to resolve any confusion and help customers with questions. Very responsive at this stage there are few others delivering on time and to spec like Spondoolies but again if you don't like the price or the terms walk away and don't buy after you point it out to everyone. That is fair. My take on this is they are reasonable people. They are doing what they can to produce miners and chips and getting them to the public in an open way. Which given the recent move by many fabricators to sell to the deepest pockets Spondoolies is different. At some point in the near future individual home miners are doomed to collectivise anyhow so pooling resources will mean larger and larger orders and CONTRACTS. NEVER TRUST ANYONE IN BITCOINLAND... DO YOUR RESEARCH. YOU ASSUME ALL THE RISK EVERY TIME AND NO ONE IS TO BLAME BUT YOU WHEN YOU LOSE IT ALL. NEVER ONLY RISK WHAT YOU CAN'T CAN AFFORD TO LOSE. That is the bottomline to all the posts about the terms of sale in any miner fabricator thread.

There is a reason for this stickied post from a long time Moderator and Hash Fast victim Gmaxwell READ IT: https://bitcointalksearch.org/topic/caveat-emptor-504530

And a reason for rating companies here from Dogie READ IT: https://bitcointalksearch.org/topic/guide-dogies-comprehensive-manufacturer-trustworthiness-guide-1st-feb-2016-456691

Can we let the people who are interested in asking questions about the terms and price and other aspects because they want to buy talk? I get you want to push the agenda that buying any miner is foolish. You might have a point again that is why the sticky is there and a reason why Dogie took the time to rate the companies selling miners. Let the thread mature so that people with valid questions about the product or orders can do just that. This is why all fabricators should start self-moderated threads. Asked and answered. If you got more concerns EMAIL them. They will be glad to explain it in detail without cluttering the thread with 100s of posts that will be repeated 100's of times over the next 12 to 18 months.

he's just used to getting his own way and when he found out he wasn't going to get his own way with preferential treatment from Spondoolies-Tech, he began to cry like a baby. i think that about sums it up; and, i'll reiterate - more money than sense.

I find it funny that he never posted any of this crap in ALL BFL threads.... Right from FPGA all the way to Monarch,..... always over claimed specs.... the same old delay tactics... never EVER ontime and the timelines/transparencies are completely insults to the community.

Where were you James? huh? what made you suddenly looking out for this community?   oh .... right you were busy getting special treatment from Josh .

Thats a great suggestion. I think Spondoolies can add this to their next FW.

For now, if you're familiar with Linux, you can make a cron job. Its not too hard as all the tools are available in the current FW.

I simply have tons of experience dealing with engineers who think they're great at business management.

As i recall the quote of my engineering prof: " It takes 10 great engineers to have 1 successful business man"

sorry but..
you are an arse. you spill down your fingers on your keyboard and spew out meaningless drivel. If you are not interested in the product without ridiculous terms and conditions which are beneficial only to yourself, then please; go troll away elsewhere.
Yes, utter BS and i'm fed up seeing your face on this thread.
Buy, or Don't Buy, but remember kiddo - don't lay out more than you can afford to lose.
 

Yes because people might see it as trying to push more units though. I just like to put my money where my word is. Sometimes that can be used as a bad thing too. See HashFail and their BTC refunds. I say just pull the trigger and you will be a happy panda in August.


Feel free to contact [email protected] about this.

Hi everyone,

i'm still waiting for my sp10 to be delivered (still in israel atm ) and i was wondering if there is an option to schedule the power consumption ?
in france we have full hour (0.14€/kwh) and empty hour (0.10€/kwh). I would like to schedule full power during 8 hour and "quiet" during 16 hour.
Already implemented ? add it to the todolist ?

You mean after the deadline? I'm still considering participating, though I am uncomfortable with the manufacturer's unwillingness to credibly stand behind their promises. We'll see though. Not sure what I will do.

Wait until the group buy deadline and then i will have an offer for you. I don't want to mix things up.


I don't see you in the Group Buy yet

@seriouscoin ...:

With all my due respect to Spondoolies-Tech, their team and Gadi and their hard work ...as well as this thread participants ...I am asking questions about production...and in any way NOT imposing or suggesting any Marketing/Sales or other business thoughts to this great company...This is their business...they know better...Read my P.S. above...if you didn't already...

BTW, what is your qualifications/expertise ...and how do you know what is/was my position ...to suggest me to stick with this...or that...and to express 'expert' opinions of production ...ramping...margins...etc...? Have you ever been involved in production...or serious scale business ...excluding that in the restroom...?...