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
Topic: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs - page 88. (Read 1260395 times)
April 29, 2015, 06:23:55 AM
April 29, 2015, 04:44:39 AM
Best wishes for the new venture Guy.
Old and new. Thanks.Guy,
do you confirm (and I hope you won't
) that SP will become a self-mining kind of business in the future?Regards
spiccioli
April 29, 2015, 03:44:57 AM
@Inside Bitcoins NYC, Guy's panel on now, does not sound like Spondoolies will be offering consumer products any longer...
does this mean they are going 'completely private' like KNC with their 16nm tech? By this I mean ....no equipment for others
just for use in their current endeavor...no B2B product as well as the expected no 'consumer product'?
Yep,another vendor goes mining for themselves...this is old news,it was hinted at a few weeks or a month ago
Although at the time they also hinted they would sell rack mount miners but that they wouldn't sell home miners any more.
To be fair the only home miner they ever sold was the SP20 and with the noise it made it was debatable whether it could really be called a "home" miner, although modding it helped. Everything else from SP10 to SP35 was a rack mount datacenter centric device that sounded like a jet engine.
I think if you have a "home" farm setup that already can handle 5-10-20 or more SP3x miners then you would probably be able to handle the gen3 stuff, if Guy decides to sell it. I hope he does.
April 29, 2015, 01:34:24 AM
@Inside Bitcoins NYC, Guy's panel on now, does not sound like Spondoolies will be offering consumer products any longer...
does this mean they are going 'completely private' like KNC with their 16nm tech? By this I mean ....no equipment for others
just for use in their current endeavor...no B2B product as well as the expected no 'consumer product'?
Yep,another vendor goes mining for themselves...this is old news,it was hinted at a few weeks or a month ago
April 28, 2015, 11:21:24 PM
@Inside Bitcoins NYC, Guy's panel on now, does not sound like Spondoolies will be offering consumer products any longer...
does this mean they are going 'completely private' like KNC with their 16nm tech? By this I mean ....no equipment for others
just for use in their current endeavor...no B2B product as well as the expected no 'consumer product'?
April 28, 2015, 06:57:41 PM
Best wishes for the new venture Guy.
Old and new. Thanks. April 28, 2015, 06:25:56 PM
Best wishes for the new venture Guy.
April 28, 2015, 05:44:36 PM
Basically you needed an investor.
I would have liked better for you to use preorders to finance your next gen chips.
I would have liked better for you to use preorders to finance your next gen chips.
And give dogie satisfaction? Nah...
Interesting times ahead! When can we have some more teasers?
April 28, 2015, 05:21:41 PM
@Inside Bitcoins NYC, Guy's panel on now, does not sound like Spondoolies will be offering consumer products any longer...
Is there a livestream or recording available from the conference?
It's over for today, not sure about a live stream.
There was a decent presence from various mining companies in the exhibit hall:
Bitmain
Genesis Mining (cloud)
Lightning ASIC (although they were displaying ATMs, not ASICs)
VerneGlobal (44 acre datacenter in Iceland)
And a couple others...
And the mining panel was interesting, but short...
Mainly talked about mining consolidation, efficiency (cheap power+efficient ASICs), and cloud mining operations. (side note: Marco Streng disclosed he believes the majority of cloud operators are scams, and that many are likely not even mining)
My take from Guy was that he believes mining consolidation is inevitable, and that Spondoolies is better off mining with the equipment it produces than selling it to a consumer. Through the merger with BTCS they will manufacture and mine with their own equipment, rather then selling it. (this is my take on what he said, I'm sure he will clarify if I missed anything)...
Couple photos:
April 28, 2015, 02:13:06 PM
@Inside Bitcoins NYC, Guy's panel on now, does not sound like Spondoolies will be offering consumer products any longer...
Is there a livestream or recording available from the conference?
April 28, 2015, 02:06:25 PM
@Inside Bitcoins NYC, Guy's panel on now, does not sound like Spondoolies will be offering consumer products any longer...
Not sure if you recall the announcement Guy made a few weeks ago in this thread, new machines are big, not really suitable for home miners when you need 12-16Kw to run one of the new machines.. I suspect with margins shrinking the overhead of supporting small home customers simply isn't something that can be tolerated, with that said Spondoolies has not gone the way of KNC, I don't see pre-order financing, delayed shipments to self mine, and shipping of used miners as new...
You have right in the hardware part, they didn't screwed up customers.
I wanted to point to self mining and only B2B contracts....
But first we have to clarify what home mining is...
With 1-5w, 5-10kw .... etc.
Will they sell one 12kw miner if somebody willing to buy 1 or have to buy 5, 10, 30 pieces?
If they will come when their new gen stuff is ready and tell us: hey guys we have stock, you can buy it but you'll need at least 15kw to run it. <- This is not the Knc road.
Or
On the other hand: We have new gen, we start self mine at our 10Mw mining hall but we can sell you miners if you buy at least 1MW. <-Somewhere at Knc road.
I hope you got what I wanted to say...
April 28, 2015, 02:03:09 PM
@Inside Bitcoins NYC, Guy's panel on now, does not sound like Spondoolies will be offering consumer products any longer...
Not sure if you recall the announcement Guy made a few weeks ago in this thread, new machines are big, not really suitable for home miners when you need 12-16Kw to run one of the new machines.. I suspect with margins shrinking the overhead of supporting small home customers simply isn't something that can be tolerated, with that said Spondoolies has not gone the way of KNC, I don't see pre-order financing, delayed shipments to self mine, and shipping of used miners as new...
I can get 12-16Kw if needed I have 100 amps for pretty much mining. I hope they do come out with more consumer products or at least offer the commercial ones to us small miners.
How is the panel going?
I also hope that they'll consider selling a few to home miners, or perhaps give one away to a great organization for an independent review.
April 28, 2015, 01:57:24 PM
@Inside Bitcoins NYC, Guy's panel on now, does not sound like Spondoolies will be offering consumer products any longer...
Not sure if you recall the announcement Guy made a few weeks ago in this thread, new machines are big, not really suitable for home miners when you need 12-16Kw to run one of the new machines.. I suspect with margins shrinking the overhead of supporting small home customers simply isn't something that can be tolerated, with that said Spondoolies has not gone the way of KNC, I don't see pre-order financing, delayed shipments to self mine, and shipping of used miners as new...
I can get 12-16Kw if needed I have 100 amps for pretty much mining. I hope they do come out with more consumer products or at least offer the commercial ones to us small miners.
How is the panel going?
April 28, 2015, 01:51:46 PM
@Inside Bitcoins NYC, Guy's panel on now, does not sound like Spondoolies will be offering consumer products any longer...
Not sure if you recall the announcement Guy made a few weeks ago in this thread, new machines are big, not really suitable for home miners when you need 12-16Kw to run one of the new machines.. I suspect with margins shrinking the overhead of supporting small home customers simply isn't something that can be tolerated, with that said Spondoolies has not gone the way of KNC, I don't see pre-order financing, delayed shipments to self mine, and shipping of used miners as new...
April 28, 2015, 01:48:47 PM
Just on the Knc road.....
This was the first feeling at some of us.
Edit: Just check the number of posts after they run out of stock....
This was the first feeling at some of us.
Edit: Just check the number of posts after they run out of stock....
April 28, 2015, 01:21:11 PM
@Inside Bitcoins NYC, Guy's panel on now, does not sound like Spondoolies will be offering consumer products any longer...
April 28, 2015, 12:03:48 PM
What I dont get is, you dont take a cut from genesis mining you guys support with?
Or is the cash flow not enough or not getting any attraction for cloud mining since that itself has a bad rep.
I`d assume youd make a decent cut to make new gen chips based on the partnership you have with them, giving them business.
Or is the cash flow not enough or not getting any attraction for cloud mining since that itself has a bad rep.
I`d assume youd make a decent cut to make new gen chips based on the partnership you have with them, giving them business.
April 28, 2015, 10:49:05 AM
If they ever did a pre-order concept, I think most will jump on due to earned trust.
But, at the same time feeling shitty due to past history. So overall the pre-order shouldnt even an option just to see, if they funding for new gen chips, they should seek a VC type of deal.
But, at the same time feeling shitty due to past history. So overall the pre-order shouldnt even an option just to see, if they funding for new gen chips, they should seek a VC type of deal.
April 28, 2015, 10:37:09 AM
Basically you needed an investor.
I would have liked better for you to use preorders to finance your next gen chips.
I would have liked better for you to use preorders to finance your next gen chips.
I think most would agree pre-orders are looked down upon. If they are able to do mergers in which help SP I'm all for it.
They make a great product I would love to see them prosper.
April 28, 2015, 09:53:18 AM
Basically you needed an investor.
I would have liked better for you to use preorders to finance your next gen chips.
I would have liked better for you to use preorders to finance your next gen chips.
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