Post
Topic
Board Hardware
Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs
by
kendog77
on 19/02/2015, 19:51:44 UTC
Not with our 2nd gen. Time will tell if there will be retail market for the 3rd gen.
Are you basically saying as of now Spondoolies is out of the race and now it's between the private entity 21e6 and Bitmain?
Clarified SP-Tech's reply a bit for you.  You've already seen the Spondoolies / Genesis bit and their own earlier hosted options.  Those could, arguably, be seen as non-retail.  I wouldn't count Spondoolies out just yet Smiley
To clarify: With Genesis Mining, we ship them SP31 to fulfil the contracts, only after they actually sell the contracts. They're buffering with their own SHA256 machines until our miners arrives.
There are three markets: retail, bulk and self mine. Currently, we're doing only the first two.

I think the community would appreciate you sticking to that.  Manufacturers mining with their own gear while it's new and most profitable and then selling to end users once they've taken the lion's share of the prime lifespan is getting old.
We'll try. Unfortunately, I believe we'll see 3-4 mining conglomerates doing self mining with their own ASICs of about 95% of the blocks in 6-12 months.
I don't think it will be good for Bitcoin.

centralization incoming Sad
Yes. Initially 3-4. Afterwards probably only 1-2

I really hope Spondoolies sells gen3 hardware to the retail market. Barring a bitcoin price meltdown, I plan on loading up on gen3 hardware and running it as long as it covers the cost of electricity.

I think the biggest thing depressing retail mining hardware sales right now is the bitcoin bear market. Hopefully things will turn around in 2015 and we'll see a nice bitcoin bull market.  Smiley