Topic: Spondolies SP50 (Read 7678 times)

Yep big money is in IPO newbies..not us 'poor' home miner folk with no cash SFARDS has done the same thing with their combo btc/scrypt miner toys.....I think they moved 100 of them and put the rest in data hall now they are talking they want to move another of the next upgrade in units ...likely another 100 just to prime the IPO $$$ pump...and they now announced they are selling bulk chips

So I suspect somewhere down the road their will be SOME of these units available in some knd of LOTS (25/50/100) but that will be imho deep into the future difficulty wars I see and will be a no brainier not do do for most .who may consider such....will be too little too late

again newbie IPO $$$ is the way to go now........mucho $$$...same 'newbie' sparkle/taste and kool aid quenching properties...KA CHING

Rumours are between 25 and 35k, MOQ of 10 but not actually for sale. Seems the promotional material was for investors and the actual first products for BTCS due to the exclusivity agreement.

Sorry if I missed it but has anyone heard the price of these and how many qualifies as a bulk order?

Yeah you need to go to the main area 1st post of the below link to their main thread...they have on the 1st page watch the scammer site info it is NOT LEGIT etc

anyway this guy posted in that thread that he can't get anyone to talk to him and offered 100K order...but seems they are going to give first dibs to the Data hall they own

anyway here is the link...I'd follow the main thread below on any SP50 but looks more and more like they have gone the KNC route and will keep all equip for themselves

https://bitcointalksearch.org/topic/m.12965362

You go back in the thread there are others who can't get any info on how to get one of these sp50's so essentially imho they can't be got ..probably not till their data hall has been running for a few months if then

hardly surprising it is what asic mnfg do now

I have not seen SP50 owned by either individual or a corparate co.

I have contacted with Spondolies and they replies mother company investors have pririty to purchase the limited manufactured miners.I am not convinced so I backed off.

Is there anyone who has contacts at the company and enlighten their near future plans?

Hi, is there some news from spondoolies? how about the SP-50?
will you make a smaller miner like a SP-40 with less power? (maybe with only 1 board; 11Th/s and 1.800w or something like that... 

As it is obvious many of us are looking for something other than the current Bitmain ripoff offerings I personally appreciate you pointing out scams. What would be even better is if you did such and share insight on a group buy or upcoming release product which is legitimate.
I saw one hardware guide someone was posting in that was pretty good. No, definitely not the Mutt's, it is way to bias and totally made up, tweaked, etc, and I do not like dealing with thieves, but that other one....

Beware, the original post links to a scam

thats a SCAM SITE ..so I'd not send them any money ...FYI (the link above not spondoolies proper that is)



(ie see the link is not legit at all)

Then again the ABOVE poster is 1 post NEWBIE and just posted the above link...hmmmmmmmmmmm..........(naw everyone's legit right on here right?)

9,707.02
9,707.67
9,700.44
9,686.46
9,644.52

Do you get 4.86 x 3  or less?  some say that doing that is less than 4.86 x 3.

No, but I running with S5+ software 1- 9 blades with the same S7 controller, but only with S5+ software.

Tupsu, did you ever run 9 blades on the old firmware?

The new S7 software supports only 6 x  S7 blades.

which has what?

zzzzz...

Thanks for the info guys, good luck to him. Times are a moving on ...

... Off topic I guess .. throwing the thread back to the SP50 ...

He said he'd answer a call if they needed help but he's not there there like the 80-100 hours he used to be. On top of MS he's also advising for a startup he started up so he's got more than enough to fill his time.

I think that he is still consulting SPT, but his main job is with Microsoft (TED team, which is basically ties with open source software-he posted it in main thread).

Anyone know where he went? For sure he was a good tech.

Dogie, you are right on this.  You, yourself is a testament to how important good support is.  Especially when dealing with technical products coming from startups that don't have this background.   Support can make or break products.  We have come to seriously appreciate good support.

I'm tracking now, if I recall correctly he was on contract, but you are right they are always hard to replace..

I'm not referring to on or off forum, I'm referring to staff. They had one sales / marketing / lots of other important stuff guy (Gadi) and one SW development / why isn't it working / super tech support guy (Zvi). When you lose one of your allstars its always a challenge to replace.

Of course your only insight is forum members, the large majority of sales were to operations off the forum, from what I have seen the service was still great, until spare parts were exhausted..

We'll see if this continues now they are Zvi-less.

Wow 110 th/s

And if it's like everything else Spondoolies has built, the controller will fail because the controller has more failure points on it than everyone else's entire miner. I sure hope they build good redundancy into it this time, because you're right, 100TH is a stupid amount of power to lose for a single board going down.

One thing you can say about Spondoolies, their customer service is better than all the other manufacturers combined.

unless you have to purchase a "recommended" 5-10K service contract with it (that would replace the controller within 24hr).

OT: it is hilarious at one place I know quite well. They always buy expensive equipment without a service contract, then the piece breaks and they have to rush the contract (which is now much more expensive) to get service. I guess, this kind of stuff gets the economy going, LOL.

The biggest downside of the s50 is the controller.  If it dies 110th hash dies.

So it forces you to have a spare controller.

Now if the controller is like the s-7 it could piggyback three units.

I don't have a nda with them and don't have any extra details but it looks like a three piece minimum to have a good roi.

 That is about 50 kwatts of power .  That means a commercial setup as almost no home owner has that much power.

Regarding the "GekkoScience movement" - y'all take things way too seriously. I'm not trying to screw over the big industry players. What I want to do is take care of the people they are ignoring. Nothing I've done has been pointing toward hurting anyone at all; everything has been intended to help folks being left behind by the rich guys. If there's a "movement" going to be formed around that idea, it should be more akin to "pay it forward" than "f$#@ the man". Seriously. Be nice.

Bitmain has not sold us any chips, past the 2000 BM1384 split between myself and MacEntyre (the German Compac manufacturer). Spondoolies hasn't sold us any chips, but they've actually talked about it. If you know me, you know I try to avoid unnecessarily complex things because it spells trouble for cost and reliability, and if you know Spondoolies they love unnecessarily complex things - hence my hesitation to work with their stuff.

What I'd really like to get behind is PlanetCrypto's idea to make an efficient mining chip whose design and availability is open to the community. An endeavor like that could hurt the big players, but more specifically it could help everyone else. Too bad it's unlikely to occur.

My opinion, I don't like the SP50 on a conceptual basis. Large incredibly expensive boxes are not something I'd get behind. However, I'm glad they ditched the tiny high-pitched fans, and glad they're still leaning on reliable server-grade PSUs, and I'm really hoping the blade design is modular enough to not affect efficiency and uptime by having one drop out. I really like that they're shifting back to a matrix of smaller ASICs rather than continuing to rely on the ridiculous power density of 100W BGA guys like the Rockerbox.

The SP20 was incredibly good business for them for several months, but the introduction of the S5 hurt them quite a bit. I believe pretty much everyone running a comparison agreed the SP20 was the better machine, but the incredible complexity of the design (which did add a lot of flexibility to it) drove production cost way higher than S5. Bitmain's price war hurt their willingness to ever enter small-machines market again so I highly doubt we ever see something on that scale again, even if the new chip is conducive to a more cost-effective build. Spondoolies has always preferred dealing with the rich guy data centers; now they're just making it more obvious.

This is the direction it is going.  This unit is only for data-center mining for the most part.  I believe people will need to pool larger bits of capital to cover the costs of running a mining operation in the future.  I have steadily seen my client's miner count get larger and larger.   The SP50 is an interesting machine and really took its design philosophy from the Cisco Blade chassis.

-D

Good point, but I think they are not selling anymore chips.  If they were the following thread would not be needed:

https://bitcointalksearch.org/topic/bm1384-pod-miner-plus-trade-inrecycling-an-interest-and-feasibility-poll-1203190

Not a bad point, please lube up.

Actually to be accurate, Bitmain did sell many (a 1000?) of BM1384 chips directly to sidehack (Gecko Science). So far Bitmain hasn't sold him any BM1385 parts (unless they have, and he can't comment because of NDA). He didn't seriously consider any of the Spondoolies chips as I understand it for a variety of reasons.

But bitcoin can only continue with all of us - if the masses decide that bitcoin has no value the Mining companies have nothing...

Most importantly - it is not like Bitmain or Spondoolies are selling chips to us, they are being scavenged from broken/dead boards -

The GekkoScience Movement can only exist with those companies releasing chips to you, so lets not fuck them too hard.

Here are my 2 cents on the SP50 -
Probably a great machine - but at this point I really do not give a F&%$

"Success is the result of perfection, hard work, learning from failure, loyalty, and persistence."
Colin Powell

The key word in that quote for me is LOYALTY - for which most of the companies building miners have none
Got to love the companies that make their name and chips from Home Miners and then turn around and f&%$ them over.

If BTC keeps moving the direction it is going all of these greedy companies will ultimately be their own demise.

I have joined SideHack and Novak in what I am calling the "GekkoScience Movement" - which to me means the following - F&^% the big mining operations and companies building miners that have no loyalty

SP50 are not even being delivered until Nov 3rd the last we heard.

touché! ))))

SP50 is coming! now cut your wrists haterzzz!

Oh, he's just trolling again, nevermind.

I have some interesting suggestion:

OK, it is 110+/-10. How about doing a binary option?
If installed machine is consistently operating at above 115-117.5TH, then charge 10% more as a bonus, and if it is operating at less than 105Th, then charge 20% less than listed price.
Would this be fair?

I realize that it is unlikely to happen, regardless.
The machine is very interesting, but bulk ordering is the limitation.

I'm sorry, but it seems that I've missed your tax proof. Care to remind me?

Well not taking any sides  but I don't see the sp50 in the hashrate numbers yet.

So if it is mining as I type it is 50 or less of them.  since 50 x 110 = 5.5ph which would not be 2%

The real questions are:

1) If 50 of them are running as I type will it grow to 500?
2) Do they really do 110th at 16500 watts?
3) What do they cost to build?

Show us some evidence

I could barely run on at my place.  And I'd have to pull power from the house mains in addition to the garage 240V setup.  I'd do it though

NOT NOT !

NOT!

The SP50 does not exist, it's just a lie

a megastructure...almost like these 
http://news.discovery.com/space/alien-life-exoplanets/has-kepler-discovered-an-alien-megastructure-151014.htm

Three SP50 would burn up my entire hosting capacity. It's a small shop and not a major data center, but still. Three SP50.

I need a donated SP50 to hitch up to my 100 amp service ......we could watch it melt ..the youtube video would be epic! (home mining is sooooooo dead) unless they sell some kinda 1/10th blade kits of these SP50's (very very doubtful) these SP50's will only be seen by us on this thread in 'whale video's of 3rd party folk's baby data halls' .......just saying

Good thing I have a 200 amps in my garage   and plenty more at our small humble farm

12000kwh

http://www.spondoolies-tech.com/products/sp50

no words...   110 ths
NPC is 16,570 W...    how many kilowatt hours per month?

True  .

I would like to see the equip madness lead to a spike in price ..to the extent that it makes sense to have gotten and SP50 (when you can't) and kick
yourself for not doing so in 20/20 hindsight but with what the difficulty is gonna do with all these new data halls coming out 100 million bitfury mine
spondoolies data hall with btcs and of course knc's 16nm farm and god knows who else on top of if spondoolies also gets a mess of sp50's out to the
public too boot above and beyond their data hall needs

we'd probably be looking at a 1000 usd btc price again for it to shake out in that manner but hey a guy can dream

(still better odds of above then me scoring with Natalie Portman)

if the difficulty will rise as much so the btc price because it will be more profitable to buy then to mine   let's see

bitcoin THZ has aswell jumped up from 420ph to 480. i guess bit companies already getting this kinda machine



This is the reason bitmain has been dumping old tech like crazy. 0.1gwh 

even so a 5 to 10k miner at those prices with 100 million bitfury data hall spondoolies data hall and knc data hall well...it might be  a brief trip for your home miner imho

gonna be another 2013 massive jump in btc difficulty from all the signs I see

(again from sidelines at 13.5c kwh I'm out of this yacht race can't afford the fees to the marina nor the boat!

totally agree with you on sp20...i do not think home mining is dead..spondoolies MUST do a mini version of this beast with 1-2 blades at ~ 10-20TH. and i am confident they will. the sooner the better.

yep me too ..I got a bitseed node v2 and 2 sidehack sticks for when my titan miners get to their 'longed for' status as doorstops.....I figure I'd better have something with
blinky lights and such in the basement for the 'withdrawal symptoms from home mining at 13.5c kwh it sure don't float for btc and probably is not gonna float much
longer for the ltc miners (to btc coin)

you laugh now ..but I'm serious...at least with the bitcoin node (hell maybe i'll put up a litecoin node too) and the sidehack sticks I can squeak by the worst of the home
miner withdrawal symptoms

(by the way guy very willing to test any sp50 you want to send me on my 100amp service I'm sure you'd feel better if you can't beat them other threads the youtube
video of my 100 amp service melting from the sp50 use would be more then amusing instead)

Be careful what you wish for; you're inadvertently implying that you're looking to screw over all your customers, and having the threads grow due to an avalanche of negative sentiment.

Now, if you want to become the top thread with genuine discussion, you're going to need to make things available for us small potatoes; not going to have a lot of discussion about your products when many of us won't have the ability to run an SP50.

RIP home mining.

Welcome our increasingly centralized Bitcoin-mining overlords.

EDIT: And to be clear, the SP20's I've owned were some of the finest miners I've ever used. I'm really bummed about the way things are shaping up in the home mining scene, and will be selling off the rest of my SP20's and S5's next week.

It's not fun anymore, and I can see the writing on the wall.

any words on some prices for this beast?

I do not, no.


See my answer from the previous thread

Oh, but then it disrupts my master plan to overcome BFL thread and maybe even someday KNC (I wish...)
https://bitcointalk.org/index.php?board=76.0;sort=replies;desc

 

I also agree.

I could be wrong but I don't think Dogie works for bitmain anymore.   He has a known issue with SP, yes we all saw that.   But I don't think bitmain is still paying him ( I could be wrong).

Bitmain is paying money for the services for Dogie.However Dogie has been acting like a third party and this was giving confidence to me.Now Doggie is saying Spondoolies should have one topic while there is no rules or restrictions on the subject as much as I know.

Is it because of thim employer-employee status with Bitmain? I hope not.He is one of the most reliable and well known members of this forum.

Agreed, Bitmain have individual hardware topics for there machines so why not with spondoolies?

You have touched a good point.Why?

in the "official" thread i can speak also about sp20, sp30, sp31, psu's  and whatever... every piece of gear even if not only just a speculation gets a  thread..why not a clear sp50?..just asking

What for? We already have one more except this and the official thread: https://bitcointalksearch.org/topic/new-spondoolies-sp50-1188299

What is the purpose of this useless thread?

why dont you let this topic open?

https://bitcointalksearch.org/topic/ann-spondoolies-tech-carrier-grade-data-center-ready-mining-rigs-521520

[/end]

what the hell is that?

http://www.spondoolies-tech.com/products/sp50

how is it possible to get only one?