[ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs - page 672.

ZiG

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Quote from: bitcoiner23 on April 18, 2014, 03:03:54 AM

Quote from: Syke on April 17, 2014, 11:40:59 PM

I don't want to clutter your thread with competitor comparisons, so I'll just stick with evaluating your offering.

You may be making a nice profit on each SP10, but your customers won't at the current prices. Here, take a look: Mining Calculator. Those "~20 days" are enough to kill any chance at a profit.

I'm calculating similar situations. Even if i mine in May and sell it in June, i make 2-3 BTC and i have to sell it for the June price: -1k$
German customs eat up another 19% to the price and power 38$ Cent/kwh is just to expensive. (Don't added cooling... It's summer soon!)
https://coinplorer.com/Hardware/Simulate/5350dbbc57ac900474a75f4a?key=959a0f8d-ac93-4066-ad9f-17caec11d720

As much as i want one (or more), i find no profitable calculation for me here in my 38 cent/kwh +19% customs country.

Wow...$0.38/KWh...FORGET it... Wink

It is cheaper for you to host them...I guess...

bitcoiner23

member

Activity: 64

Merit: 10

Quote from: Syke on April 17, 2014, 11:40:59 PM

I don't want to clutter your thread with competitor comparisons, so I'll just stick with evaluating your offering.

You may be making a nice profit on each SP10, but your customers won't at the current prices. Here, take a look: Mining Calculator. Those "~20 days" are enough to kill any chance at a profit.

I'm calculating similar situations. Even if i mine in May and sell it in June, i make 2-3 BTC and i have to sell it for the June price: -1k$
German customs eat up another 19% to the price and power 38$ Cent/kwh is just to expensive. (Don't added cooling... It's summer soon!)
https://coinplorer.com/Hardware/Simulate/5350dbbc57ac900474a75f4a?key=959a0f8d-ac93-4066-ad9f-17caec11d720

As much as i want one (or more), i find no profitable calculation for me here in my 38 cent/kwh +19% customs country.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: Guy Corem on April 18, 2014, 02:58:38 AM

Quote

Rushing adds value. Time to market is also a major competitive advantage for the buyer. The same product delivered two weeks later is worth about 15% less. Time pressure is intense here. Getting it "right," but too late, is still getting it wrong.

Assuming you're not one of the poor buyers who got defective unit.

Until we know the actual failure rate I will reserve judgement. 2 weeks earlier with a 15% failure rate is much better than breaking even, because most of those machines likely get fixed or replaced. It would be a break even if they all turned out to be a total loss, which I highly doubt.

Guy Corem

donator

Activity: 1414

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Spondoolies, Beam & DAGlabs

Quote from: smooth on April 18, 2014, 02:56:32 AM

Quote from: Guy Corem on April 18, 2014, 02:52:43 AM

Quote from: smooth on April 18, 2014, 02:50:51 AM

Quote from: Guy Corem on April 18, 2014, 02:46:14 AM

Quote from: smooth on April 18, 2014, 02:19:51 AM

Quote from: Guy Corem on April 18, 2014, 12:51:01 AM

Regarding S2, well, do you research. Read customers reviews.

My review is that I plugged it in and it mines. Quieter than I expected too.

That said, I wouldn't buy the S2 at current listed prices either, if it were in stock, which it isn't.

For you it did. It wasn't that hard to find, took me 2 minutes to pick some:

https://bitcointalksearch.org/topic/antminer-s2-discussion-and-support-thread-515448
https://bitcointalksearch.org/topic/antminer-s2-discussion-and-support-thread-515448
https://bitcointalksearch.org/topic/m.6276322
https://bitcointalksearch.org/topic/m.6273595

Many, many more.

How many did they ship and how many have had problems?

I know in the case of the S1, they shipped a lot, and there were constantly people on here reporting problems, yet I ordered over a dozen and had no problems with any of them.

You do definitely give up something in quality control when you buy a cheaper product, but in this commodity space, the cheaper product also gives you a major competitive advantage (as the buyer).

I'm not happy with the SD corruption issue, that one may still bite me. Spare SD on hand, but I haven't imaged it yet.

They rushed to ship with the S2, without minimum QA.
They did much better job with the S1.

Rushing adds value. Time to market is also a major competitive advantage for the buyer. The same product delivered two weeks later is worth about 15% less. Time pressure is intense here. Getting it "right," but too late, is still getting it wrong.

Assuming you're not one of the poor buyers who got defective unit.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: Guy Corem on April 18, 2014, 02:52:43 AM

Quote from: smooth on April 18, 2014, 02:50:51 AM

Quote from: Guy Corem on April 18, 2014, 02:46:14 AM

Quote from: smooth on April 18, 2014, 02:19:51 AM

Quote from: Guy Corem on April 18, 2014, 12:51:01 AM

Regarding S2, well, do you research. Read customers reviews.

My review is that I plugged it in and it mines. Quieter than I expected too.

That said, I wouldn't buy the S2 at current listed prices either, if it were in stock, which it isn't.

For you it did. It wasn't that hard to find, took me 2 minutes to pick some:

https://bitcointalksearch.org/topic/antminer-s2-discussion-and-support-thread-515448
https://bitcointalksearch.org/topic/antminer-s2-discussion-and-support-thread-515448
https://bitcointalksearch.org/topic/m.6276322
https://bitcointalksearch.org/topic/m.6273595

Many, many more.

How many did they ship and how many have had problems?

I know in the case of the S1, they shipped a lot, and there were constantly people on here reporting problems, yet I ordered over a dozen and had no problems with any of them.

You do definitely give up something in quality control when you buy a cheaper product, but in this commodity space, the cheaper product also gives you a major competitive advantage (as the buyer).

I'm not happy with the SD corruption issue, that one may still bite me. Spare SD on hand, but I haven't imaged it yet.

They rushed to ship with the S2, without minimum QA.
They did much better job with the S1.

Rushing adds value. Time to market is also a major competitive advantage for the buyer. The same product delivered two weeks later is worth about 15% less. Time pressure is intense here. Getting it "right," but too late, is still getting it wrong.

Guy Corem

donator

Activity: 1414

Merit: 1051

Spondoolies, Beam & DAGlabs

Quote from: smooth on April 18, 2014, 02:50:51 AM

Quote from: Guy Corem on April 18, 2014, 02:46:14 AM

Quote from: smooth on April 18, 2014, 02:19:51 AM

Quote from: Guy Corem on April 18, 2014, 12:51:01 AM

Regarding S2, well, do you research. Read customers reviews.

My review is that I plugged it in and it mines. Quieter than I expected too.

That said, I wouldn't buy the S2 at current listed prices either, if it were in stock, which it isn't.

For you it did. It wasn't that hard to find, took me 2 minutes to pick some:

https://bitcointalksearch.org/topic/antminer-s2-discussion-and-support-thread-515448
https://bitcointalksearch.org/topic/antminer-s2-discussion-and-support-thread-515448
https://bitcointalksearch.org/topic/m.6276322
https://bitcointalksearch.org/topic/m.6273595

Many, many more.

How many did they ship and how many have had problems?

I know in the case of the S1, they shipped a lot, and there were constantly people on here reporting problems, yet I ordered over a dozen and had no problems with any of them.

You do definitely give up something in quality control when you buy a cheaper product, but in this commodity space, the cheaper product also gives you a major competitive advantage (as the buyer).

I'm not happy with the SD corruption issue, that one may still bite me. Spare SD on hand, but I haven't imaged it yet.

They rushed to ship with the S2, without minimum QA.
They did much better job with the S1.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: Guy Corem on April 18, 2014, 02:46:14 AM

Quote from: smooth on April 18, 2014, 02:19:51 AM

Quote from: Guy Corem on April 18, 2014, 12:51:01 AM

Regarding S2, well, do you research. Read customers reviews.

My review is that I plugged it in and it mines. Quieter than I expected too.

That said, I wouldn't buy the S2 at current listed prices either, if it were in stock, which it isn't.

For you it did. It wasn't that hard to find, took me 2 minutes to pick some:

https://bitcointalksearch.org/topic/antminer-s2-discussion-and-support-thread-515448
https://bitcointalksearch.org/topic/antminer-s2-discussion-and-support-thread-515448
https://bitcointalksearch.org/topic/m.6276322
https://bitcointalksearch.org/topic/m.6273595

Many, many more.

How many did they ship and how many have had problems?

I know in the case of the S1, they shipped a lot, and there were constantly people on here reporting problems, yet I ordered over a dozen and had no problems with any of them.

You do definitely give up something in quality control when you buy a cheaper product, but in this commodity space, the cheaper product also gives you a major competitive advantage (as the buyer).

I'm not happy with the SD corruption issue, that one may still bite me. Spare SD on hand, but I haven't imaged it yet.

Guy Corem

donator

Activity: 1414

Merit: 1051

Spondoolies, Beam & DAGlabs

Quote from: smooth on April 18, 2014, 02:19:51 AM

Quote from: Guy Corem on April 18, 2014, 12:51:01 AM

Regarding S2, well, do you research. Read customers reviews.

My review is that I plugged it in and it mines. Quieter than I expected too.

That said, I wouldn't buy the S2 at current listed prices either, if it were in stock, which it isn't.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: Guy Corem on April 18, 2014, 12:51:01 AM

Regarding S2, well, do you research. Read customers reviews.

My review is that I plugged it in and it mines. Quieter than I expected too.

That said, I wouldn't buy the S2 at current listed prices either, if it were in stock, which it isn't.

loshia

legendary

Activity: 1610

Merit: 1000

Quote from: Guy Corem on April 17, 2014, 04:04:31 PM

Quote from: loshia on April 17, 2014, 04:03:48 PM

I will mail you. I am impressed from what I have red about your team and you future plans also

Thank you. Since it's very late here, we'll answer tomorrow.

Mail sent
Best
Loshia

Guy Corem

donator

Activity: 1414

Merit: 1051

Spondoolies, Beam & DAGlabs

Quote from: ZiG on April 18, 2014, 12:48:52 AM

Quote from: Tovadnok on April 17, 2014, 09:46:40 PM

Let me troll a bit:

I just realized that S2 + 2*S1 is roughly the same as spondoolies SP10.
S2 (batch 2) + 2*S1 price is ~$4470 (incl. shipping) and if you bought S2 batch 2 you get it two days ago.

S10 is $4495 + shipping roughly $400 and you get it in May.

Just saying... lower your prices guys!

+1 ...I am waiting on the side line because...

First :price is too HIGH at the moment...around $3000 is probably fair now...IMHO...NOT in June etc...
Second : NOT in stock...like order to shipment in 1 (ONE) WEEK...not 2-3-5-or more weeks...

IF you manage FIRST AND SECOND ...I am all yours...and the market too...

Otherwise good job so far ...and good luck...

Thank you for your kind words. Already replied to the original thread, read back.
Regarding S2, well, do you research. Read customers reviews.

ZiG

sr. member

Activity: 406

Merit: 250

Quote from: Tovadnok on April 17, 2014, 09:46:40 PM

Let me troll a bit:

I just realized that S2 + 2*S1 is roughly the same as spondoolies SP10.
S2 (batch 2) + 2*S1 price is ~$4470 (incl. shipping) and if you bought S2 batch 2 you get it two days ago.

S10 is $4495 + shipping roughly $400 and you get it in May.

Just saying... lower your prices guys!

+1 ...I am waiting on the side line because...

First :price is too HIGH at the moment...around $3000 is probably fair now...IMHO...NOT in June etc...
Second : NOT in stock...like order to shipment in 1 (ONE) WEEK...not 2-3-5-or more weeks...

IF you manage FIRST AND SECOND ...I am all yours...and the market too...

Otherwise good job so far ...and good luck...

Guy Corem

donator

Activity: 1414

Merit: 1051

Spondoolies, Beam & DAGlabs

Quote from: Syke on April 18, 2014, 12:24:03 AM

Quote from: Guy Corem on April 18, 2014, 12:02:38 AM

- It's 7,200$ with proof of order from other vendor

Plus shipping brings it back up to nearly $8000. For someone without the 10% discount, it's even worse.

Quote from: Guy Corem on April 18, 2014, 12:02:38 AM

- It's less than 1.5 jumps, not 2 jumps

Even if it was only 1 jump (delivery before the end of April), the break even point will still not be reached.

And my difficulty adjustment estimations are quite conservative. If you actually deliver the sort of hashpower you are promising, then there's absolutely no chance of a new SP10 breaking even.

We can fine tune the shipping.
Our contribution to the hashpower was modest until now. It will be much more serious with the SP30 and later.

Syke

legendary

Activity: 3878

Merit: 1193

Quote from: Guy Corem on April 18, 2014, 12:02:38 AM

- It's 7,200$ with proof of order from other vendor

Plus shipping brings it back up to nearly $8000. For someone without the 10% discount, it's even worse.

Quote from: Guy Corem on April 18, 2014, 12:02:38 AM

- It's less than 1.5 jumps, not 2 jumps

Even if it was only 1 jump (delivery before the end of April), the break even point will still not be reached.

And my difficulty adjustment estimations are quite conservative. If you actually deliver the sort of hashpower you are promising, then there's absolutely no chance of a new SP10 breaking even.

raskul

sr. member

Activity: 434

Merit: 250

My SP10 is already in Edinburgh!
that's ONE DAY SHIPPING guys!!! astounding. Shocked

Guy Corem

donator

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Spondoolies, Beam & DAGlabs

Quote from: Syke on April 17, 2014, 11:40:59 PM

Quote from: Guy Corem on April 17, 2014, 10:42:56 PM

Competitor:
On a good day you get 1.6 TH/s
On bad day you get below 1.3 TH/s
Only 4 ASICs, no redundancy built into the system.
They just changed their warranty policy from 90 days to 30 days for a very good reason.
SP10 power preformance ratio is much better (30%-40% less), meaning much smaller electricity bill or hosting bill.
4U vs 1.25U, again meaning much cheaper hosting.
Not relevant, but just that you understand the level of their engineering: we're 40nm, they're 28nm. NOT a good engineering. In fact, very bad.
We know the reasons for their fire sale. We can't elaborate, but it's not good.

We're giving 10% discount on showing us proof of purchase from other vendor.
With current production capability and queue status, we'll ship all orders given today well before May 10th.
For 7,200$ you can get 2.8TH/s +- 10% (usually plus) within ~20 days,

I don't want to clutter your thread with competitor comparisons, so I'll just stick with evaluating your offering.

You may be making a nice profit on each SP10, but your customers won't at the current prices. Here, take a look: Mining Calculator. Those "~20 days" are enough to kill any chance at a profit.

- It's 7,200$ with proof of order from other vendor
- It's less than 1.5 jumps, not 2 jumps
- For bulk orders, we'll give larger discount and decrease shipping costs (bulk shipping)

Edit:
- With 25C ambient temperature, it's usually above 1.5TH: http://eligius.st/~wizkid057/newstats/userstats.php/1PzK2WeeB9GzZwzPPJfA2h1D25Hsv2yb5e
- We can't commit to that due to variance in the ASICs
- We're constantly tweaking the fw to get better results

Syke

legendary

Activity: 3878

Merit: 1193

Quote from: Guy Corem on April 17, 2014, 10:42:56 PM

Competitor:
On a good day you get 1.6 TH/s
On bad day you get below 1.3 TH/s
Only 4 ASICs, no redundancy built into the system.
They just changed their warranty policy from 90 days to 30 days for a very good reason.
SP10 power preformance ratio is much better (30%-40% less), meaning much smaller electricity bill or hosting bill.
4U vs 1.25U, again meaning much cheaper hosting.
Not relevant, but just that you understand the level of their engineering: we're 40nm, they're 28nm. NOT a good engineering. In fact, very bad.
We know the reasons for their fire sale. We can't elaborate, but it's not good.

We're giving 10% discount on showing us proof of purchase from other vendor.
With current production capability and queue status, we'll ship all orders given today well before May 10th.
For 7,200$ you can get 2.8TH/s +- 10% (usually plus) within ~20 days,

I don't want to clutter your thread with competitor comparisons, so I'll just stick with evaluating your offering.

You may be making a nice profit on each SP10, but your customers won't at the current prices. Here, take a look: Mining Calculator. Those "~20 days" are enough to kill any chance at a profit.

Guy Corem

donator

Activity: 1414

Merit: 1051

Spondoolies, Beam & DAGlabs

Quote from: philipma1957 on April 17, 2014, 05:07:39 PM

A nice piece of gear, but more hurry up and wait. Very difficult to tie up 8000 for an order of 2 units and wait . I can buy 100 grid seed 5 chip working units for about 8000 and have them in under 3 days.
Sell 70 on ebay and mine with the other 30. All of my profit has involved getting gear fast.

Oh well. My choices seem far and few right between now.

I am still waiting on a 520 dollar refund from BFL since March 2103. And a return of .39345 btc from BIPS. since Nov 2013.
and 1.55 btc from hash fast since aug 2013.

I do not want to put in orders for gear that is not in stock.

Show us proof of order from other vendor and get 10% discount.
We don't stock, we build test and ship.
If you'll wait until May, there is a very good chance we won't have stock again and you'll need to order June, or wait again...

Guy Corem

donator

Activity: 1414

Merit: 1051

Spondoolies, Beam & DAGlabs

Quote from: Tovadnok on April 17, 2014, 09:46:40 PM

Let me troll a bit:

I just realized that S2 + 2*S1 is roughly the same as spondoolies SP10.
S2 (batch 2) + 2*S1 price is ~$4470 (incl. shipping) and if you bought S2 batch 2 you get it two days ago.

S10 is $4495 + shipping roughly $400 and you get it in May.

Just saying... lower your prices guys!

Show us proof of purchase from other vendor and get 10% discount.
See S2 thread for multiple complaints about their product status.
Buy 2 X SP10 + 10% discount and you're at 7,200$
Buy bulk quantities and we'll lower shipping coats. We'll also offer bulk discounts, depending on the quantities.

Guy Corem

donator

Activity: 1414

Merit: 1051

Spondoolies, Beam & DAGlabs

Quote from: Somekindabitcoin on April 17, 2014, 05:28:01 PM

Do you guys have a video of the SP 30 in action or in a mining pool? Thanks.

As explained, multiple time, the SP30 ASIC is a (relative) simple die shrink (40->28) of the SP10 ASIC. We're taping out in the beginning of May, the ASICs will arrive in July.
We already sold out our July machines.

Topic: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs - page 672. (Read 1260395 times)