Topic: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs - page 691. (Read 1260290 times)

I may have been quoted on the BFL sales page, but I have not pre-ordered anything from BFL since I received my last order, monarch or otherwise.

I don't believe any hardware manufacturer should be in the 100% paid upfront pre-order business. If they are, I am not doing business with them.

If I am shilling for anyone, it would be Bitmain! 

Wow - lots of fun I missed today but some good dialogue as well...

The SP30 should be in a 4U form factor...

Interent Formus: a disease of the fingers where the brain is so preoccupied with the investigations of something which is totally irrelevant to your real life that the 'interent formus' becomes a "proper pain in the arse" - relevant to only yourself, so much that nobody gives a flying fuck about your 'investigations and your opinions. elaboration: opinons are like assholes.

BIFFA. you have Interent Formus. please seek professional help.

ps. thanks for sharing your problems, i am sure that you feel better.

ADD: I am going to defend this company tothe hilt because I know for a fact that they are the best that we have, and will ever see.
a lot of us have been screwed over with preorders (myself included) but I am not going to hold it against a viable company because of others past mistakes.
ELA: I have made mistakes to the tune of tens of thousands of pounds - to hold it against a new company trying to do their best in this industry is just vile and vindictive. Some folks won't ever see a good thing, because of their own mistakes, and blame others. Spondoolies-tech had no play in your order from Hashfast, or your order from KnC, Cointerra or the shite rigs you received from bitmain recently, but now they come along and offer your some compensation (which your own purchase company has never).. you begin a tirade of poison against them.

hey, it's your loss. I'm gonna keep mining, with stable rigs from a viable company,

Money is fungible. If you taking pre-order money for something that doesn't exist yet then by definition the pre-orders are funding (in part at least) development.

If you have adequate VC funding to absorb the risk of getting to shipment, you can demonstrate this convincingly even with a pre-order shipping queue model by only taking a small deposit up front and the rest upon shipment.

http://www.butterflylabs.com/monarch/

Thank you.
Is it ok to describe a simple technique to find out who are probably the trolls ?

Depends on what you mean by calling them out.

If a competitor/troll says something untrue about your company you should feel free to correct him.

If it is opinionated or something not factual (like who will ship preorders first) I would ignore it.

General question on forum / thread etiquette. It's new to me, so I'm asking.
Let's say some users are clearly competitors trolls. Should I call them out or not ?

The question doesn't refer to the post above

Looking forward to the 3rd gen! Until then, good luck.

Can we keep the discussion professional ?

You should really do your homework before running your mouth in such a fashion.  You're about as bad with that "news" as the people are about miners in the speculation forum.

We will. Little info on how we're working:
We're implementing Intel's Tick Tock model (http://en.wikipedia.org/wiki/Intel_Tick-Tock) with 4 months cycle.
Our 2nd gen is a relative simple project, since it's a die shrink (40nm -> 28nm) of our 1st gen engine.
The SP30 system design uses very similar design techniques as our SP10. Nothing fancy. Nothing extreme.
The risk of complications is minimal.

Our 3rd gen is a complete new architecture with higher risk. We won't take pre-orders for our 3rd gen systems.

Good find It was obvious that the drop in exchange rate will make some people mad and also the big increases in difficulty makes more people mad.

If Spondoolies delivers in July/August they will be by far the best company until now and i have a feeling that they will.(i also think that KnC will deliver, we will see when)

You'd have to be partially brain dead to pre-order anything with a August delivery date right now. History shows that most buyers who pre-order end up with a bad deal and lose out in the long run.

Five months is an eternity in Bitcoin mining terms, and I almost guarantee that a better deal for in stock hardware from another manufacturer will be available before Spondoolies ships a single August unit.

Sorry Spondoolies, I love your product, but hate the pre-order model because it transfers all risk from the seller to the buyer.

I disagree, another reason to take pre-orders is because you (as the manufacturer) want to soak top dollar out of the uninformed.

Look at their pricing.  Getting a +ROI on the SP10 is a long shot, and they want how much for a SP30?  Does anyone here really think that the SP30 is going to be worth those prices when they (allegedly) ship in August?  Likely not, so you charge top dollar now, when the current state of affairs makes it a marginally good idea, not later when it's absolutely obviously a shitty deal for the customer.

WTF? All YOU have been doing lately is going around into other hardware threads and spamming Spondoolies-Tech.

Hashfast Thread:


Blackarrow Thread:

KnC Thread:

Thank you. We took enough buffers to make sure the delivery will be on time. We took very small numbers of orders for July to make sure we'll be able to fulfill all.

Sorry, I was speaking in general, not a specific reference to one of your products. Funding is critical of course, but even the best capitalized technology companies in the world, the big guys, are notoriously late to market for pre-announced products. Delivery dates should always be taken with a grain of salt. I wish you much success. Cheers.

TSMC can deliver 5-8week tapeout to chip ship assuming a hot/superhot, and nobody huge steals their place in line.  It sounds like they've built in no buffer for unexpected events, but the timeline doesn't seem out of place.

Without getting into names, knowing the true story of what have happened with the two companies with very similar unreasonable design, I'm smiling sad smile now.
Seriously: You should have done a thorough technical due-diligence before pre-ordering from them. I'm sorry for your lost funds.