CoinTerra 2TH/Sec Miner Official $15,700!!!! Complete Fail

Tigggger

legendary

Activity: 1098

Merit: 1000

Quote from: JohnyBigs on August 20, 2013, 02:34:32 AM

For $8,000 invested you will only make a $2,000 profit, how is that good? lol

I'd be happy with that kind of return, the problem is that it all depends on delivery on time, if that slips 2 weeks you will be making a loss, and given every asic manufacturers inability to deliver on time thus far not worth the risk.

Predicting 3-4 months into the future is idiotic during this current rate of network growth, so I've reached my limit of pre-orders. I'd be prepared to gamble on a smaller device with a better risk/return ratio but not 8k or 16k

JohnyBigs

sr. member

Activity: 560

Merit: 250

Quote from: TLS freedom on August 19, 2013, 11:38:54 PM

Complete Fail? (not complete) I'll bet they start selling 1000gh/s miners for $8000 or less come December. The difference and selling point is going to have to be power efficiency. The days of mass profit are going to fade FAST after Oct 1st. Thinking your going to continue to have the same level of profit as bitcoin matures is not logical.

The competition is going to be KNC with $5000 for a 400ghs @ 1000watts and HashFast at $5,600 400ghs @ 350watts. If Cointerra is $7-8000 for 1000ghs @ 500 watts or less (in Dec) they are going to be the long term play no doubt. As difficulty is skyrocketing miners that are power hogs will have to be shut down sooner the most power efficient/ read that the machines that will be plugged in the longest 2-4 years down the road are going make the most. Short term profit vs long term endurance. You guys have missed the boat here I think unless it's to say buying a cointerra AT THE MOMENT is not a good idea. Come December they will be king.

Are you guys ok???

http://mining.thegenesisblock.com/a/31a425b74d

For $8,000 invested you will only make a $2,000 profit, how is that good? lol

dan99

sr. member

Activity: 406

Merit: 250

Quote from: TLS freedom on August 19, 2013, 11:38:54 PM

Complete Fail? (not complete) I'll bet they start selling 1000gh/s miners for $8000 or less come December. The difference and selling point is going to have to be power efficiency. The days of mass profit are going to fade FAST after Oct 1st. Thinking your going to continue to have the same level of profit as bitcoin matures is not logical.

The competition is going to be KNC with $5000 for a 400ghs @ 1000watts and HashFast at $5,600 400ghs @ 350watts. If Cointerra is $7-8000 for 1000ghs @ 500 watts or less (in Dec) they are going to be the long term play no doubt. As difficulty is skyrocketing miners that are power hogs will have to be shut down sooner the most power efficient/ read that the machines that will be plugged in the longest 2-4 years down the road are going make the most. Short term profit vs long term endurance. You guys have missed the boat here I think unless it's to say buying a cointerra AT THE MOMENT is not a good idea. Come December they will be king.

They are a great looking team with their profile and engineering know how, but marketing seems to be on the off side. A Much solid teams compares to others. We should see their orders flying off the shelves once they start accepting pp or cc.

TLS freedom

newbie

Activity: 39

Merit: 0

Complete Fail? (not complete) I'll bet they start selling 1000gh/s miners for $8000 or less come December. The difference and selling point is going to have to be power efficiency. The days of mass profit are going to fade FAST after Oct 1st. Thinking your going to continue to have the same level of profit as bitcoin matures is not logical.

The competition is going to be KNC with $5000 for a 400ghs @ 1000watts and HashFast at $5,600 400ghs @ 350watts. If Cointerra is $7-8000 for 1000ghs @ 500 watts or less (in Dec) they are going to be the long term play no doubt. As difficulty is skyrocketing miners that are power hogs will have to be shut down sooner the most power efficient/ read that the machines that will be plugged in the longest 2-4 years down the road are going make the most. Short term profit vs long term endurance. You guys have missed the boat here I think unless it's to say buying a cointerra AT THE MOMENT is not a good idea. Come December they will be king.

Dalkore

legendary

Activity: 1330

Merit: 1026

Mining since 2010 & Hosting since 2012

Doesn't it depend on when they are shipping? I actually think the price isn't bad if they are shipping soon. I would also take pricing with a grain of salt, right now the market is in flux so lets not be too quick to jump on them. Even for my ASIC hosting business, it is hard to know if our pricing will work 6 months from now.

With that said, when are they shipping?

-D

sharknutzz

sr. member

Activity: 335

Merit: 250

Quote from: gkm22d on August 19, 2013, 06:20:58 PM

It was an announcement worth unsubscribing from.

So true...

rofl....

Cheesy

JohnyBigs

sr. member

Activity: 560

Merit: 250

Quote from: julz on August 19, 2013, 06:07:35 PM

Not an attractive offer for me. Looks like it *may* make a very modest profit by mid 2014 *if* it ships in December - but a significant loss if it ships in January.

it's pay $4000 and make a $9,000 profit with KnC, or pay $16,000 to make a $4,000 profit, hmmmmm I wonder what I shall choose.

gkm22d

newbie

Activity: 28

Merit: 0

It was an announcement worth unsubscribing from.

julz

legendary

Activity: 1092

Merit: 1001

Not an attractive offer for me. Looks like it *may* make a very modest profit by mid 2014 *if* it ships in December - but a significant loss if it ships in January.

JohnyBigs

sr. member

Activity: 560

Merit: 250

Quote from: NetTime on August 19, 2013, 05:45:58 PM

It's some straight BS for sure, just like hash~~fast~~ fail. Wake up, it's too f'n expensive and the difficulty will be too f'n high.

This was with their comments bashing KnC well if you want long term hardware you buy us, if you want hardware you throw away you buy KnC, yet their hardware is even more expensive than KnC's and much more useless lmao.

NetTime

full member

Activity: 253

Merit: 101

It's some straight BS for sure, just like hash~~fast~~ fail. Wake up, it's too f'n expensive and the difficulty will be too f'n high.

JohnyBigs

sr. member

Activity: 560

Merit: 250

Well officially recieved their email, $15,700 for 2TH lmao. These guys are such utter fail it's not even funny, good luck fail terracoin.

Topic: CoinTerra 2TH/Sec Miner Official $15,700!!!! Complete Fail (Read 1403 times)