Re: [ANN] Spondoolies-Tech launches a new line of ASIC miners

Host to a DC , maybe then?

I love the idea but I have such an ungodly mix of gear that it would be impossible to find a hosting facility that would want my business. Bitfury rigs... you breath on them too hard and several boards go offline, lol. And not to mention my pile 'o crap, the FrankenJup. Sad

I envy those of you who have homogenous setups with stacks of miners from the same manufacturer!

Yep, I'd love a rack full of SP10s.

I'm still running some old gear too, in fact I have four different ASICs mining:
ASICMINER
BFL
KnCMiner
Bitmain

all my other manufacturer gear has been powered down, when i received my SP10, i may plug it back in winter when it gets too cold, but for now, the only rig running is running at a profit.

Damn coin is at 419.65 usd that is 10.711 btc...(419.65/4495 group buy price with the 10% off for previous asic purchase).....running the numbers on the sp30 it is damn hard to justify buying the sp30 toy...(sigh and I so like toys)..not a slam here just saying it is getting kinda interesting in the price per miner vs price per coin situation here lately....

Searing

i still reckon we'll se a 600 average for end 2014.

It will keep fluctuating but there will be rise once the situation in China stabilises and chinese exchanges implement methods to go around the restrictions. Probably through new contract with banks in Taiwan or Hong Kong and application of bitcoin ATMs and Bitcoin Debit/Credit Cards. Bitcoin is a great opportunity for wealthy chinese who try to emigrate from China to Australia and many other countries. They can easily flow their money out of China and then use it to aplly for citizneship through Invesor Migration Program in Australia (also similiar programs in many other countries):
http://www.australia-immigration.net/investor.htm

Also at some point within next few years dollar will collpase. There is a limit to this International Monetary Ponzi Scheme and it's debt ceiling. 2008 crash was just the beginning of the end of this scheme. Self appointed guardians of this monetary religion called economics (noithing to do with real economy and being economical) with their puppet governments have not learnt nothing from it and have actually made things worse by pumping more dollars and increasing debt. I call monetary economics a monetary astrology. It has nothing to do with science. They try to use complicated language, graphs, pseudo equations etc to confuse ordinary folk that it is something scientific. It's all bullshit When dollar collpases all other fiat currencies will collapse too as they are all dependent on dollar. All fiat currencies (many hundreds of them) have collapsed at some point within human history. Every single one. That's because of their constant devaluation and exponentially rising debt. Also because they are not fungible. They are not real funguble money like gold and silver. Just a fiat currencies. When people lose trust in dollar (fiat currencies) they will start looking for alternatives. That's where when bitcoin will kick in and it's value will rise dramatically.
Well informed people are capable of estimating future possibilities and use them as opportunity. They invest in gold, silver and bitcoins. Bitcoin is something between gold and fiat currency. It's neither fiat nor fungible as gold and silver. It has properties of currency and commodity.

I very much recommend this great series:
"Silver & Gold - Hidden Secrets of Money". Especially episode 4
https://www.youtube.com/watch?v=DyV0OfU3-FU

I also recommend older series called "Money as Debt".