Topic: [CLOSED] Spondoolies-Tech SP30 pre-order - Specs: 0.69$/GH + 0.46W/GH - page 15. (Read 43038 times)

Am I eligible for the $4500 discounted price if I got a neptune refund from knc about a month ago, a short while before I saw this thread?

Who is watching his post count?

Thank you!

Only 1 day left! Hop on!

LOL my post count is fluctuating, sorry if I've been too OTT my intent was not to be subversive

Good luck in the Group Buy!

It is worth pointing out that if you are concerned about the fluctuation in BTC, Spondoolies has a very creative payment mechanism for you -- though unfortunately not a part of this group buy.

For August deliveries of SP30s (I am not sure which deals this applies to but I know it applies to the 3xSP30) you can choose to pay 40% upfront and 60% in BTC on delivery.  Now the really cool trick is that you can choose when you order whether to pay in BTC valued as of your order date, OR to pay in BTC valued as of the shipping date. 

So if you think BTC is going to go way up, you elect to pay in BTC valued at the future delivery date rate.  Then when BTC is $1200 in August, you pay less BTC versus what you would have paid if you had to pay 100% today. 

Or if you are worried about the price dropping, you pay in BTC valued as of the order date.  So you get the $450 US current rate even if BTC drops to $200 in August when delivery comes dueThus SP is effectively offering us a hedge against a drop in BTC. 

http://www.spondoolies-tech.com/pages/bitcoin-payment-plan

I think EVERY manufacturer offering pre-orders ought to do this.  Though I am doing the group buy here, it was SP's creative payment approach with built in hedging that convinced me that these guys are really in it for the miners and are miner customer friendly as opposed to KNC, BFL, etc.

 

Yes

I was saying that there is more risk because of the volatility of the exchange rate. It can just stay at around 500$ which will mean that you will buy at the end of the queue and having your miner shipped one month later. Having a miner that has fixed performance and fixed delivery time helps more than just to wait for the volatility of the exchange rate and getting the miner who knows when...(depending on your order time)

It was a hypothetical situation.. you can stare at any ball for those.. doesn't need to be crystal.

Don't get me wrong I wish the best and I hope it does succeed..

But if you think there is more "risk" involved than there would be to pay for a device 4 months in advance, with a currency that is highly volatile is a market that will become highly competitve
Than it would be to wait it out for a few extra months and evaluate the landscape on the back of offers like these.. and I'm talking from a single customers perspective
Then I would have to disagree with you on that..

I won't intrude on this thread any further though

I'm not sure. Spondoolies Tech can answer you that.


Got a crystal ball? I assume there are some sales outside of the Group Buy. Also i don't think that you will have this price next sales.
But let's assume that the August batch will be over then yes you will be able to fund a bit less than the cost of 2 units with September delivery for the same BTCs that you would pay now. Taking the risk of waiting for a big exchange rate is bigger than taking the risk with this pre-order in my opinion.

I understand it very well, but here you have an amazing special offer, and still you don't understand this is it. there are no other special terms other than those you read in the OP - and I should say, the deal is not to be scoffed at, as you seem to be doing.. there is always someone who demands 'more' or 'special terms'.

you have the offer that you have, like it or lump it 

It's quite clear you don't understand either my direct question or my hypothetical situation...

Moving on though I still feel like this is a valid concern
I would love to see one of these set up in a similar form as you would run a Kickstarter project.

Sure you need capital for the start up costs but do you require the full payment of the unit so far in advance.
Just very basically without breaking down the numbers you could have certain levels of investment that count towards the FINAL price of the miners .. whatever that may be

You could have "minimum" levels for guaranteed orders and after that on a first come first serve basis

If done correctly I think that would a lot fairer than the way it is now

I'm a shareholder of R19, a group buy for a couple of Neptunes (https://bitcointalksearch.org/topic/m.5993570), for which I own 15 shares (50 shares per Neptune). This group buy opted for a refund. Would this qualify me for the $3k/unit rate for SP30s?

you only have a little more than 1 day until this special offer ends, so your predictions cannot be fulfilled.

Today is 18th June.. and the BTC price is currently $1200

As this time I can see that 500 pre orders have now been filled so there is 600 left..

How much can I get a SP30 for?

you won't, that the entire point of a special sale.

I would wait another month if I could get 2 units instead of 1 for the same price as if I would pay now..

You won't get 2 units delivered in August if you plan to order in 2 months. You may get them in September or October, depending on their sales.

I'm not trying to rain on the parade but just look at the last 4 months of Bitcoin prices..

It's gone up and down like a yo yo and who's to say there isn't a few big investors ready to buy into the market to inflate the price up

2 months in the price jumps up to $1000 per BTC and people start saying well I spent 9BTC where as now I can get two..
They have the capability to deliver up to 700 1100 units by the end of August otherwise they wouldn't have set that target..
If these prices now can't attract the amount of volume they want to have by August then what will?

Are people in 2 months going to pay half the BTC the early adopters paid?

Just curious

I can't speak for Spondoolies-Tech, but here's my understanding: the pre-order price is the price you pay.  There are no price changes.  You might be thinking of the BTC price in $ changing... if you pay in bitcoin whatever amount of bitcoin you send is final, just the same as if you send $4,995 USD that is final.

Summary:
Pay $4,995 now (or $4,495.50 if you have a pre-order with another ASIC company) and get an SP30 delivered in August.

Yup, cool stuff.  No data center, but I have fans rack mounted on the shelves they
will mount in and a 220V AC unit directly above!!
August is so far away now to get stuff this cool!!!

Guy, you and your staff have really out done yourselves with this new SP30 and
organizing the group buy.  Cant say thank you enough.

@novymivo, yes the group buy is still open. Go order an SP30. Then PM RoadStress.