Quote from: kendog77 on July 24, 2014, 04:29:26 PM

Quote from: Spondoolies-Tech on April 28, 2014, 12:42:10 PM

Quote from: kendog77 on April 28, 2014, 12:19:56 PM

Quote from: tzortz on April 28, 2014, 11:24:53 AM

Quote from: Zelek Uther on April 28, 2014, 10:55:09 AM

Ok guys, I pulled the trigger on my second SP30 in the August Group Buy.

Only two days to go. Don't be left behind at the station when the 0.46W/GH train departs. All that 1W/GH equipment is going to look like a power hog.

You have done right !

I am so happy with this company!

Almost every single ASIC manufacturer to date has missed their published power targets. I do think Spondoolies has done a great job so far, so don't get me wrong, but caveat emptor when you're buying a non-refundable product that doesn't even exist yet.

The Neptune looked like a great buy back in November, and we all know how that turned out, so don't count your chickens before they hatch.

Also, the competition doesn't stand still, and new companies like Spondoolies pop up out of no where from time to time, so it's impossible to predict what the market will look like in August.

One month in Bitcoinland is like one year in many other industries.

We'll meet our power targets and our schedule.
We're committed to 5.4 THs +- 10% and July delivery.

The SP30 will be able to produce over 6 THs. Probably over 6.5 THs with 2700 Watt (2 X 1200 rated PSUs, each PSU is able to input 1350 Watt)

Spondoolies said over and over again that they were 100% confident that they would met their schedule, power, and performance targets to drum up sales. Either they were disingenuous or very ignorant of the risks associated with developing new hardware, and it now sounds like the buck is being passed to TSCM.

Search through their post history and you'll see similar posts to the one above over and over again.

Some of us have been around for a while and knew better. It's funny how history keeps repeating itself over and over again. Same shit, different company.

To be fair, Spondoolies still does have a chance to make their SP30 customers whole, so the jury is still out on this latest example of ASICs manufacturers over promising and under delivering.

Time will tell.

In the interest of fair play I will wait to see how they compensate.

But I am happy they offered btc only up front preorder for 4500 to 5000 usd _ since that is why I did not purchase from them.

If they had offered cc or paypal I could have purchased.

Most likely would have purchased first the sp10 and then a sp30