This is correct. The SPDIF signals MUST come from a clock synced source, whatever that may be (in my case miniDSP DDRC-88D). This is not a design suitable for USB input.There's a fraction more about it in the other multichannel dac thread and the follow up post - you need something like a USB to 4 x spdif output so that the spdif clock rates will be the same. The nanoDIGI 2x8 would have been ideal for DSP, but is no longer in production. The U-DIO8 could do it, but is rather expensive, as is the RME digiface USB which would also need toslink to coax adapters.
The photo seems pretty self explanatory - a pair of barrel sockets take 12V power and 12V trigger, leading to a relay switched by the 12V trigger. The relay switches the power to the 4 12V to 5V DC-DC converters which in turn power the Tone Boards.
BOM:
4x KTB – $
Middle Atlantic CH1 1 SPACE 1 3/4in CHASSIS – $119
standoffs - https://www.amazon.com/gp/product/B00R4ZT1FY/ref=ppx_yo_dt_b_asin_title_o01_s00?ie=UTF8&psc=1
board - https://www.amazon.com/gp/product/B082KY5Y5Z/ref=ppx_yo_dt_b_asin_title_o02_s00?ie=UTF8&psc=1
3.5 mm jack - https://www.amazon.com/gp/product/B07JNR4PXN/ref=ppx_yo_dt_b_asin_title_o04_s00?ie=UTF8&psc=1
barrel jack - https://www.amazon.com/gp/product/B07XCNSM81/ref=ppx_yo_dt_b_asin_title_o05_s00?ie=UTF8&psc=1
relay - https://www.amazon.com/gp/product/B00LW15D1M/ref=ppx_yo_dt_b_asin_title_o04_s01?ie=UTF8&psc=1
brick - https://www.amazon.com/gp/product/B073WSWT34/ref=ppx_yo_dt_b_asin_title_o04_s01?ie=UTF8&psc=1
power modules - Mean Well SCWN03A-05 – $7 from Jameco
The thing that ultimately made me sad is that I could never figure out a way for the boards to send 12V triggers when SPDIF signal detected. Lots of people tried to help me figure it out, even going as far as microcontroller, but so far I can't find anyone who had a solution that would work. Seems simple but turns out to be pretty tough.