Pages:
Author

Topic: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs - page 79. (Read 1260223 times)

hero member
Activity: 686
Merit: 500
FUN > ROI
donator
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
legendary
Activity: 1302
Merit: 1318
Technical Analyst/Trader
The only thing more profitable than using your ASIC's to mine bitcoins is ...

working at mc'donalds ?



lol    Cheesy
legendary
Activity: 1316
Merit: 1014
ex uno plures
The only thing more profitable than using your ASIC's to mine bitcoins is ...

working at mc'donalds ?

legendary
Activity: 1593
Merit: 1004
Can we sell our hashrate at any time on genesis?? They said lifetime but can we sell if we need the BTC ??

I would hope so.  I just calculated what the payback would be at their lowest $0.42/Gh offer.  Assuming difficulty continues to stay where it is now, no increase or decrease, you are looking at 845 days for a breakeven.  I don't understand how there is a market for this.

It preys upon those who are not good at math, ignorant of present bitcoin mining trends and those who do not take the time to do the math.  I could tell by the facial expressions of the Genesis owner that he was totally surprised by the announcement of Guy's (SPT's) venture into mining for themselves in a merger with BTCS.  Guy saw the writing on the wall with cloud mining at present price of bitcoin.  He knew what time it was.  Hence, the merger with BTCS.

I was actually laughing when I saw this dude from Genesis trying to sell cloud mining to all of us in that video with Guy sitting next to him.

]https://www.youtube.com/watch?v=ZuWvpZHfZEo]

The only thing more profitable than using your ASIC's to mine bitcoins is to get people to pay you upfront more money than your machines can mine.  That's cloud mining.
legendary
Activity: 1302
Merit: 1318
Technical Analyst/Trader
Can we sell our hashrate at any time on genesis?? They said lifetime but can we sell if we need the BTC ??

I would hope so.  I just calculated what the payback would be at their lowest $0.42/Gh offer.  Assuming difficulty continues to stay where it is now, no increase or decrease, you are looking at 845 days for a breakeven.  I don't understand how there is a market for this.

It preys upon those who are not good at math, ignorant of present bitcoin mining trends and those who do not take the time to do the math.  I could tell by the facial expressions of the Genesis owner that he was totally surprised by the announcement of Guy's (SPT's) venture into mining for themselves in a merger with BTCS.  Guy saw the writing on the wall with cloud mining at present price of bitcoin.  He knew what time it was.  Hence, the merger with BTCS.

I was actually laughing when I saw this dude from Genesis trying to sell cloud mining to all of us in that video with Guy sitting next to him.

]https://www.youtube.com/watch?v=ZuWvpZHfZEo]
legendary
Activity: 1593
Merit: 1004
Can we sell our hashrate at any time on genesis?? They said lifetime but can we sell if we need the BTC ??

I would hope so.  I just calculated what the payback would be at their lowest $0.42/Gh offer.  Assuming difficulty continues to stay where it is now, no increase or decrease, you are looking at 845 days for a breakeven.  I don't understand how there is a market for this.
donator
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
Post the completion of our merge, we do intend to deploy our 3rd gen and later gens tech at BTCS facility in NC and evaluate expansion to other lower cost electricity facilities as well.
Regarding hardware sales (miners, ASICs) and JV type deals (rev-share) it will be dependent on market conditions and will be on a selective basis.

Guy

Guy, Why don't you honor your warranty when you ship Dead On Arrival SP20E's Huh

I've been contacting SpondooliesTech since January regarding order 4364 and all I get is the run around. Of the 15 SP20E's almost half would not hash when I received them. I had to reimage the firmware and still two remained DOA. Why did you send me an email saying that after a successful burn-in test we're shipping your 15 SP20E's Huh
Is the SP20E so fragile it breaks in shipping Huh




Hi Miasma,

In response to your previous post, I have written the following response:


Hi Miasma,

Our team has contacted you multiple times and requested to have a session to verify the status of the machines and attempt to debug the situation. These sessions have a very high success rate yet you have repeatedly refused to help us assist you. Even then, you have been offered to RMA the machines but have chosen to ignored our communication attempts.

We certainly honor the warranty and would like to help, but we cannot do that without your cooperation.

I again ask that you reply to the latest communication and proceed with the RMA process.

For clarification, only communication with [email protected] is documented and officially responded to. We do our best to answer questions asked on the forum but can only guarantee response to contacts to our official support email.

If the issue is not resolved to your satisfaction after you respond to our communication, I will gladly take ownership of your ticket to see that the issue is resolved.
We appreciate your support and cooperation,

Gadi


You have refused to work with our support team and did not respond to any of our support or RMA suggestions.

Without your cooperation and without sending us the units back, there's nothing that we can do.

We urge you once more to work with us to resolve the issue,

Gadi
member
Activity: 110
Merit: 10
Post the completion of our merge, we do intend to deploy our 3rd gen and later gens tech at BTCS facility in NC and evaluate expansion to other lower cost electricity facilities as well.
Regarding hardware sales (miners, ASICs) and JV type deals (rev-share) it will be dependent on market conditions and will be on a selective basis.

Guy

Guy, Why don't you honor your warranty when you ship Dead On Arrival SP20E's Huh

I've been contacting SpondooliesTech since January regarding order 4364 and all I get is the run around. Of the 15 SP20E's almost half would not hash when I received them. I had to reimage the firmware and still two remained DOA. Why did you send me an email saying that after a successful burn-in test we're shipping your 15 SP20E's Huh
Is the SP20E so fragile it breaks in shipping Huh
legendary
Activity: 1484
Merit: 1004
Can we sell our hashrate at any time on genesis?? They said lifetime but can we sell if we need the BTC ??
hero member
Activity: 686
Merit: 500
FUN > ROI
Guy, do you plan to make own cloud mining service? (like hashnest had already done)
B2B strategy allows it
They do already have a cloud mining partnership with Genesis Mining:
http://www.spondoolies-tech.com/pages/cloud-mining
member
Activity: 118
Merit: 10
Guy, do you plan to make own cloud mining service? (like hashnest had already done)
B2B strategy allows it
legendary
Activity: 1022
Merit: 1003

how did i miss that till now? 32chips in a 1U enclosure (the SP3x had 30/2U) seems like a LOT of heat, particularly if the PSUs are inline with the chips (which one is getting the 'secondary' already-hot air?)

Nevertheless, could be great for bulk deployment

Liquid cooled, PSU as well as chips. External controller.
legendary
Activity: 1302
Merit: 1318
Technical Analyst/Trader
Holy Crap,
What's the price on that bad boy? lol
And need's it's own 200amp ?

Hello all. 
I will try and answer as many questions as I can in this one post as I am still restricted on how fast I can post.

Q: Exciting. When will you finalize the tech descriptions, price, etc?
A: We are working our supply chain now to get a better understanding of what our pricing will be.   The larger order we can put together the better the volume discounts and more leverage we have with our parts suppliers.  I hate to give a price point but if we can’t get things down close to $2,000USD I doubt there will even be a market.   

Q: Did you license the SPT software as well or will you have your own gui?
A:  We are indeed building off of the same path as Spondoolies.  CGminer/MinePeon.   So, Yes.  User friendly GUI.   We will also be adding some larger scale management features.

Q: I am confused? So is this a new manufacteurer who is building ASICs but instead of developing their own chips they get it sourced from SP?
A: We are a systems integrator.  Our team comes from the enterprise server development world.  We are manufacturing our own architecture built around Spondoolies Rocker Box ASIC

Q: Water?!?  WHAT?  Where? How?
A: This is an open loop watercooled system.  This is designed for larger scale datacenters in mind.  (Individual customers may purchase, but will have to provide their own pump and radiator)(which means you can make this as quiet as you like!)
Our heatsink touches off on ALL parts of the “hashing module” that produce heat. (ASICs, Voltage regulator, and even the board itself.   All heat the board produces exits the water channel.

Q: Power supplies?  Noise?  Water?
A:  Power supplies are air cooled.  However they get near ambient temp air as the hashing modules are cooled by the water.   Running the system at 4Ths the power supplies are silent.  Over 5Ths they are barely audible.  6THs they are noticeable.  They are still the only fans in the system so they are not really all that bad compared to the competition.  Ill take SPL readings and post an audio recording in the future.

Q: Can you outline where/how the radiators fit into the setup? I imagine they are external.

A: Yes Datacenter level.   We are launching our architecture around: http://drycoolers.com/sites/default/files/avr-brochure-v2_0.pdf
As other have stated functional waste heat usage was one of our main goals, next to an easily upgradable design.
With an open loop design some may not have radiators at all, instead choosing to redirect a river for free cooling.
Our architecture also opens up the rest of the world to Bitcoin mining.  We can easily handle over 40C ambient air temperatures.

Q: RJ45!!!!!!!!!  HOW MANY?
A: Each Module needs 1 RJ45 connection to the management card.  Each management card will handle 24 hashing modules.  The 2nd port was for development reasons.
2 management cards will reside in a 1U chassis supporting a total 12 full miners.
Cat5 cabling is low cost and having a separate management card make for ease of upgrading modules.   

Q: Its likely those PCBs still need some airflow as well, although we can't be certain without more pics. Maybe the blocks cover the DC/DC area as well, maybe they just cover the chips.
A: Airflow is not needed for the hashing modules.  The PSU will need air however and will pull some air over the hashing modules.  Our heatsink makes contact with all heat producing components of the board.

Q: .51 watts per gh  does not cut it.  the next jump is over 10% .
A:  We are not an ASIC design company.  We can only control efficiency so much.  We are using Spondoolies Rocker Box ASIC so our efficiency should be on par with theirs.   We are pretty close on efficiency.  We have a few more tweaks to make.  It is also unknown if we happen to have an earlier batch of ASICs that may not perform as well.  Even different SP20’s will have different efficiency numbers.


Final Note:
Our marketing and technical documentation is being finished soon.
Our goals with this architecture were as follows:
Replaceable hashing Modules.  Upgrade modules (not including ASIC cost as we can not control that) could potentially cost ½ the total price of a new miner.
Easy, rapid, end user replaceable hash modules.
Rack dense.
Useable waste heat.
Interface with standard industrial plumbing.
Provide all the benefits of immersion cooling without the cost.
We believe we have accomplished these goals with this system.

Hope to see you tomorrow at the Texas Bitcoin Conference.

-Nathan

legendary
Activity: 1050
Merit: 1000
Holy Crap,
What's the price on that bad boy? lol
And need's it's own 200amp ?
legendary
Activity: 1302
Merit: 1318
Technical Analyst/Trader
i like it a lot! too bad we can't have it Embarrassed
i could have used to heat my future swimming pool Cheesy

Yep...  One full rack ought to do the trick!   Grin

I wish we had updates from them to know if they will be manufacturing these with the new chips.  I would have bought some from them already if they had been in business a full year with some sells under the belt to build up a reputation.  That would give me a little bit of assurance they would be coming out with upgrades to the new chips for their modular (fully upgradeable) rigs.
hero member
Activity: 742
Merit: 500
i like it a lot! too bad we can't have it Embarrassed
i could have used to heat my future swimming pool Cheesy
legendary
Activity: 1302
Merit: 1318
Technical Analyst/Trader
Found it:


This system is basically equivalent to 4 SP20 systems in one 1U tray.

Contact information:

Nathan Ho
Founder/CEO
Miner Edge LLC
MinerEdge.com
Email: nathan at mineredge.com
skype:  h.nathan.h@Skype


how did i miss that till now? 32chips in a 1U enclosure (the SP3x had 30/2U) seems like a LOT of heat, particularly if the PSUs are inline with the chips (which one is getting the 'secondary' already-hot air?)

Nevertheless, could be great for bulk deployment

Its needs fairly substantial water cooling so they say.

I agree.  It does need substantial water cooling.  However, for what you gain with the ease of upgradeability; relatively low noise from fans that are only used for the PSU's; the list goes on...  which see:



I think it's actually quite a nice job of engineering and design.  I look forward to seeing this with the new chips coming out soon.
legendary
Activity: 3234
Merit: 1220
Found it:


This system is basically equivalent to 4 SP20 systems in one 1U tray.

Contact information:

Nathan Ho
Founder/CEO
Miner Edge LLC
MinerEdge.com
Email: nathan at mineredge.com
skype:  h.nathan.h@Skype


how did i miss that till now? 32chips in a 1U enclosure (the SP3x had 30/2U) seems like a LOT of heat, particularly if the PSUs are inline with the chips (which one is getting the 'secondary' already-hot air?)

Nevertheless, could be great for bulk deployment

Its needs fairly substantial water cooling so they say.
hero member
Activity: 686
Merit: 500
FUN > ROI
how did i miss that till now?
No idea - it was all over this thread for a while as SPT hadn't been posting much for a while Smiley

Here's their own thread:
https://bitcointalksearch.org/topic/miner-edge-official-information-thread-1004552
Pages:
Jump to: