Group buy closed. See this for other group buy:
[Special Group Buy - Spondoolies-Tech SP30 pre-order] ***EASTER WEEK SALE***
https://bitcointalksearch.org/topic/closed-spondoolies-tech-sp30-pre-order-specs-069gh-046wgh-575499
$4500/SP30 There's already over 250 commitments.
We need 700 commitments to get SP10 down to $3000.
Cheers,
QG
Topic: [CLOSED] 3 x SP30 Aug. 16.2TH, 3 shares @ $6,000USD ea. Ships Free World Wide (Read 2918 times)
April 23, 2014, 07:52:17 PM
April 18, 2014, 10:01:10 PM
I just had a feeling something better was about to happen, so I just waited. Now i'm going to end up probably getting 6 for a bit more than the price of 3! I'm so glad!
April 18, 2014, 09:52:00 PM
Hey did you see the new and bigger group buy? It's an order for 1100 SP 30's. Right now, 197 of them have been ordered. If they reach over 250 by the 25th of April, they get to buy each one for 4,995 or 4,500 (if you have a receipt from any other company that sells bitcoin asics). You need 0.1 bitcoins per miner to reserve for one. This is just in the case if you haven't seen it.
heehe
I was the first to send them 0.1btc
just hadn't updated this thread.Do you get to go on the group buy? for cheaper rates? or you staying on your own order?
QG
April 18, 2014, 09:49:49 PM
Hey did you see the new and bigger group buy? It's an order for 1100 SP 30's. Right now, 197 of them have been ordered. If they reach over 250 by the 25th of April, they get to buy each one for 4,995 or 4,500 (if you have a receipt from any other company that sells bitcoin asics). You need 0.1 bitcoins per miner to reserve for one. This is just in the case if you haven't seen it.
April 18, 2014, 02:20:53 AM
C'mon ladies and gents!! Step right up, we have 2 shares left and Spondoolies-Tech's August Farmers' packs arn't going to last!!
Cheers,
QG
- We don't promise "full refund" since failing to deliver will be a catastrophic event. You won't get your refund in that case also. Promising "full refund" will be a marketing lie. We want to avoid those.
- The 2nd gen ASIC is a relative simple die shrink of our 1st gen ASIC. Almost the same engine. Nevertheless, we've done verification and FPGA simulations of course.
- Everything is on track for tape out at the beginning of May.
- The entire project is on track. PCBs, mechanics, DC2DC test boards, Supply chain, etc
- Our VCs investors won't allow us to take pre-orders unless we're 100% sure we'll deliver on time
- There is simply no way to finance building the amount of miners we want to sell without taking pre-orders
- We have a payment terms that split the (non existing, really) risk: 40% in advance, 60% before shipping
- We won't take pre-orders for our 3rd gen ASIC since it's an higher risk effort
- Edit: take a look at our (partial) talent list: http://www.spondoolies-tech.com/pages/team. This is a simple project. We've done much more complex...
- The 2nd gen ASIC is a relative simple die shrink of our 1st gen ASIC. Almost the same engine. Nevertheless, we've done verification and FPGA simulations of course.
- Everything is on track for tape out at the beginning of May.
- The entire project is on track. PCBs, mechanics, DC2DC test boards, Supply chain, etc
- Our VCs investors won't allow us to take pre-orders unless we're 100% sure we'll deliver on time
- There is simply no way to finance building the amount of miners we want to sell without taking pre-orders
- We have a payment terms that split the (non existing, really) risk: 40% in advance, 60% before shipping
- We won't take pre-orders for our 3rd gen ASIC since it's an higher risk effort
- Edit: take a look at our (partial) talent list: http://www.spondoolies-tech.com/pages/team. This is a simple project. We've done much more complex...
Cheers,
QG
April 17, 2014, 07:55:54 PM
Thanks. I was like ahh what the heck. Why not?
April 17, 2014, 07:54:45 PM
Nice!! well, unfortunate for me, but nice you got a whole farmers pack
QG
QG
April 17, 2014, 05:31:45 PM
EDIT: Will be dropping out of the group buy. Ended up buying an entire farmer's pack of 3 instead. Thank you.
April 16, 2014, 03:42:09 PM
I should be ready within the next week or so. Doing the 40-60 option sounds great to me. So 2 miners for me which would be around 12 grand? Split into a 4800-7200 split (approx). I live in the U.S
April 16, 2014, 03:31:17 PM
I believe you can only pick one of the 3 options. So if you were to go with either 40% upfront option, we would have to pay $7978 (~$2,660USD each share) now and payment before delivery: $11,967 (~$3990USD each share). That's a total of $6,650.
If we do option 3, full upfront payment of ~$6,000USD each share up front, we save $650 per share.
There is the option to pay in USD or Eur. which I am open too. I'd assume we just get a SWIFT code and bank details to TT funds too. Tho this method could take over week to clear and presumably our positions in the que are not secured till funds have cleared.
It should be noted that it's Easter holidays and the banks here are not open/processing transactions this Friday or Monday (possible further delays).
Look forward to your feedback and anyone else who may be interested too.
Cheers,
QG
If we do option 3, full upfront payment of ~$6,000USD each share up front, we save $650 per share.
There is the option to pay in USD or Eur. which I am open too. I'd assume we just get a SWIFT code and bank details to TT funds too. Tho this method could take over week to clear and presumably our positions in the que are not secured till funds have cleared.
It should be noted that it's Easter holidays and the banks here are not open/processing transactions this Friday or Monday (possible further delays).
Look forward to your feedback and anyone else who may be interested too.
Cheers,
QG
April 16, 2014, 02:20:12 PM
At the moment, I have no bitcoin, but I have the cash. I'd go with the 40% option unless the 10% discount applies (if it isn't already applied because of the group buy).
April 16, 2014, 01:29:47 PM
Anyone else also interested, please do post or PM me
Somekindabitcoin,
My suggestion would be to both pay via BitPay at the same time. We have a 15min window to make payment to a single address, so we would have to be online at the same time. What city/timezone are in you? I'm in Sydney, Australia +10:00GMT
At some point, I would need to communicate your address to Spondoolies-Tech. If you prefer, I can get them to email you to get your address should you prefer not to share that info with me (presuming they will accommodate this method).
Cheers,
QG
Somekindabitcoin,
My suggestion would be to both pay via BitPay at the same time. We have a 15min window to make payment to a single address, so we would have to be online at the same time. What city/timezone are in you? I'm in Sydney, Australia +10:00GMT
At some point, I would need to communicate your address to Spondoolies-Tech. If you prefer, I can get them to email you to get your address should you prefer not to share that info with me (presuming they will accommodate this method).
Cheers,
QG
April 16, 2014, 12:58:39 PM
Actually, i'll reserve both of them that you haven't sold.
NICE How should we proceed? Do you have a preference with payment method? Min. time required to raise funds?Some questions I've asked via email. I'm sure Guy doesn't mind me posting:
[QG] Will you be using a Bitcoin payment facilitator like BitPay? What is the
payment process if paying by BTC and how will the rate be calculated?
[Guy] We're using BitPay. BitPay fixed the rate for 15 minutes. They have
their own rate, close to BitStamp
[QG] Is escrow an option?
[Guy] No. If you feel uncomfortable with the payment term, you can select
the 40% route.
Cheers,
QG
April 16, 2014, 12:49:38 PM
Actually, i'll reserve both of them that you haven't sold.
April 16, 2014, 10:22:08 AM
I can't see how this would be profitable. By August the difficulty is going to be around five times what it is now maybe greater with all the hardware coming out. This thing won't come close to making a return. Plus it's 2500 watts. Ouch...
April 16, 2014, 06:17:51 AM
I'll reserve one. Could you also host that one for me? I would not like it shipped at the moment.
Farmer's choice come with 2 months of free hosting. April 15, 2014, 09:09:51 PM
I'll reserve one. Could you also host that one for me? I would not like it shipped at the moment.
April 15, 2014, 11:14:31 AM
We'll ship separately, one SP30 to each participant.
We'll give additional 5% discount since it's the first group buy and I'm in a good mood (Holiday)
Guy
We'll give additional 5% discount since it's the first group buy and I'm in a good mood (Holiday)
Guy
Just wondering, would it be possible for one or more of these group buy units to be hosted, and if so what are the hosting fees ?
2 Months free hosting or free shipping. Afterwards, 500$/month (it's 2.5KW system)
April 15, 2014, 06:08:40 AM
We'll ship separately, one SP30 to each participant.
We'll give additional 5% discount since it's the first group buy and I'm in a good mood (Holiday)
Guy
Awesome!! Thanks!!We'll give additional 5% discount since it's the first group buy and I'm in a good mood (Holiday)
Guy
OP updated
Cheers,
QG
April 15, 2014, 04:55:45 AM
We'll ship separately, one SP30 to each participant.
We'll give additional 5% discount since it's the first group buy and I'm in a good mood (Holiday)
Guy
We'll give additional 5% discount since it's the first group buy and I'm in a good mood (Holiday)
Guy
Just wondering, would it be possible for one or more of these group buy units to be hosted, and if so what are the hosting fees ?
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