Quote from: faraway on August 27, 2014, 02:40:58 PM

Quote from: wissam on August 27, 2014, 02:30:53 PM

Quote from: Tigggger on August 27, 2014, 01:55:36 PM

OK, so I've finally received my compensation offer, cutting it a bit close for me to make a decision as they have started shipping.

The offer is an 18% refund, which is the difference between the 5.5TH they were originally offered as and the 4.5TH.

However I decided to jump on the group buy AFTER you posted the following because the increase in hashrate made it a much better deal and you were supremely confident of meeting your targets.

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

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)

I think therefore the refund should be based on the rate you were advertising at the time of purchase, which in my case is around 30%.

When the drop in hashrate was announced in this thread, I said a couple of posts later that although the offer of compensation was good, I urged you to consider the fact that the power consumption figures were also way out and that this should also be reflected in the offer we received. It's sad to see you have decided to ignore this part of the failure. Sad

We're screwed BIG time buddy, I bought 29 x SP30s and I don't think I will be able to get an ROI unless a miracle happen and the difficulty stops going up so fast (which is not possible) or if the BTC to USD rate goes up (Which no one can tell).

IF I get my money back that's it no more mining, it's over.

I have some SP31s ordered, and the risk is there; Even a delivery end of October, or weeks before change a lot, what we can expect in return. A few month ago, sha256 chips were using obsolete chip technology (>40nm), this is no more the case today, this change a lot the perspective.

im finding it very difficult justifying spending more on futuristic 'expected' results.

3 more grand or 5.7 btc for 5 ish TH, maybe...

...in november

the cash offer is hardly appealing either!

on a brighter note - 'shipment picked up'...

arriving saturday or monday...?

oo, the pressure!

* my 1 year track record is one financial rape after another. if it wasnt for zetacoin, i would have been fkd last year.

one let down after another - and another - and another.

the hangers-on do alright cos they get fat discounts & early hardware in exchange for time spent pew pew-ing the more vigilant among us.

ONLY BITMAIN has genuinely impressed me, and that is due to the 10% effort they put in far exceeding the 0.5% every other company has put in, instead relying on the aforementioned 'cheer-leaders'

but even Bitmain has lost my respect after opening up thier rigs and seeing the embarrassing thermal compound efforts & the all new 'pre-order' BS

back to the compensation - crumbs in 'october' or crumbs 'off' an 'october' rig of unknown abilities....

THAT is the question!