" All customers who ordered the first batch of TerraMiner IV units, scheduled to ship in December / January, will now receive a second rig, free of charge "
Hi Ultibit,
has Cointerra confirmed this?
Topic: [CLOSED Group Buy][COINTERRA 2 Th/s] 0.8 BTC=40 Gh/s (Read 9766 times)
Any ideas when this is coming?
Hi there!
We apologize for the late reply. The machine is expected to be delivered this month (January 2014).
Any ideas when this is coming?
-Obviously each miner will pay for itself to run since they use quite a lot of power and also to avoid confusion where miners get auctioned at a later stage so that the fee is final
So the miner is auctioned off once it becomes unprofitable? Are the funds from that auction distributed to the shareholders? That would actually be a neat little incentive to hold out for at the end.
Yes, exactly.
We actually have a lot of neat incentives for our customers. Recently we bought from Cointerra at a really good rate and refunded all our customers for the TerraMiner IV 1 up to BTC1!
great ! 
Hmm, i am interested, but i predict that the btc will be around 400USD in 2014. What happens if that will be true? Do we get some btc back then? And with 40Ghash/s and the difficulty in January i also predict you only mine around 0.4btc per month minus hosting and power. So i don't know 
If you're using escrow or planning on it, it's not a requirement but we do prefer if you can email us with your txID, payout address and signature details for your payout address (and payment address if its different) as well. That way we can back your case better in future if there is a problem as well as manage the billing and customer service better.
If you've already sent a payment through John K. and would like quicker response times and better service then please email us the above details to [email protected]
If you've already sent a payment through John K. and would like quicker response times and better service then please email us the above details to [email protected]
I was considering a deal via bitimit, but the price is completely off?
You would have to contact the provider/affiliate of that service to find out more information.
Please visit: http://www.ultibit.com/services/bitmit/index.html in order to do so
I was considering a deal via bitimit, but the price is completely off?
Can i also mine other coins? Or is the miner only mining btc's? Can i check my current balance? Do i have my own panel?
1. Only BTC for now. We are planning to mine other cryptocurrencies in future though.
2. We handle payments monthly so you would check your balance at the end of each month
-We do however have a great hosting facility that will allow you to view the miner(s) live over webcam 24/7.
Can i also mine other coins? Or is the miner only mining btc's? Can i check my current balance? Do i have my own panel?
-Obviously each miner will pay for itself to run since they use quite a lot of power and also to avoid confusion where miners get auctioned at a later stage so that the fee is final
So the miner is auctioned off once it becomes unprofitable? Are the funds from that auction distributed to the shareholders? That would actually be a neat little incentive to hold out for at the end.
Yes, exactly.
We actually have a lot of neat incentives for our customers. Recently we bought from Cointerra at a really good rate and refunded all our customers for the TerraMiner IV 1 up to BTC1!
Hi question on your website you list Paypal as a payment option. Can we use that?
Yes
-Obviously each miner will pay for itself to run since they use quite a lot of power and also to avoid confusion where miners get auctioned at a later stage so that the fee is final
So the miner is auctioned off once it becomes unprofitable? Are the funds from that auction distributed to the shareholders? That would actually be a neat little incentive to hold out for at the end.
Hi question on your website you list Paypal as a payment option. Can we use that?
Hello ! I'm in for 10 shares ....
tx Id:
bde037e650b1cee1740dd40789ba02951d1754400406319f68efc7a36bd1757b
from my payout address:
19Rj1tBPetMdf2YKmGQUcwG7irMdKU2mom
please confirm to me ...
bye
tx Id:
bde037e650b1cee1740dd40789ba02951d1754400406319f68efc7a36bd1757b
from my payout address:
19Rj1tBPetMdf2YKmGQUcwG7irMdKU2mom
please confirm to me ...
bye
Thank you for your answers, good communication.
Pledge: I'd take 3 shares for 0.8BTC each. Hopefully, some more people will choose escrow so that it becomes available.
Pledge: I'd take 3 shares for 0.8BTC each. Hopefully, some more people will choose escrow so that it becomes available.
No problem, we try our best!
Pledge added
Thank you for your answers, good communication.
Pledge: I'd take 3 shares for 0.8BTC each. Hopefully, some more people will choose escrow so that it becomes available.
Pledge: I'd take 3 shares for 0.8BTC each. Hopefully, some more people will choose escrow so that it becomes available.
Is the hosting fee paid per share, per month?
No it's not based on a per share basis. bobsag3 does the hosting at the most competitive flat rate out there, which is then deducted from earnings before monthly payouts
So what is the $150 host fee? Per machine? Per month? Per week? Per what?
So the $150 per month is taken off the TOTAL earnings? Sorry the website is not very clear on this and pardon me for being gun shy, but unless things are spelled out here in bitcoin-land there is too much propensity for dishonesty. Heck even when things are 100% clear there is still BS.
No problem. Let's hope we can clear this up once and for all this time 'round!
SO
-Payments are paid monthly
-Prior to paying customers their monthly payments a $150 (the Bitcoin equivalent) hosting fee will be deducted from the pool of mined earnings being distributed
-Obviously each miner will pay for itself to run since they use quite a lot of power and also to avoid confusion where miners get auctioned at a later stage so that the fee is final
Is the hosting fee paid per share, per month?
No it's not based on a per share basis. bobsag3 does the hosting at the most competitive flat rate out there, which is then deducted from earnings before monthly payouts
So what is the $150 host fee? Per machine? Per month? Per week? Per what?
So the $150 per month is taken off the TOTAL earnings? Sorry the website is not very clear on this and pardon me for being gun shy, but unless things are spelled out here in bitcoin-land there is too much propensity for dishonesty. Heck even when things are 100% clear there is still BS.
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