Author

Topic: Cointerra actually shipping? (Read 6526 times)

newbie
Activity: 10
Merit: 0
April 01, 2014, 09:20:13 PM
#44
BTCGuild doesn't list your solved block numbers, but the Slush "My Account" page does at the bottom.

https://www.btcguild.com/index.php?page=rankings

Unless placed, you are always listed at the bottom of the rankings.


Yes, that's how I know I hit 1 block with them. I show at the bottom with 1 block, but I have way of knowing the specific block number.
full member
Activity: 158
Merit: 100
April 01, 2014, 07:39:51 PM
#43
BTCGuild doesn't list your solved block numbers, but the Slush "My Account" page does at the bottom.

https://www.btcguild.com/index.php?page=rankings

Unless placed, you are always listed at the bottom of the rankings.

legendary
Activity: 1148
Merit: 1000
April 01, 2014, 03:25:18 PM
#42
Whoops!

Missed the all important 's' there...lol

Happy hunting.
newbie
Activity: 10
Merit: 0
April 01, 2014, 03:11:01 PM
#41
I received my "January batch" miners in late February, and have been mining steady for about 40 days.  I've already solved 3 blocks.


You solved 3 blocks in 40 days with a miner that is estimated to solve 1 every 177 days?
[/quote]

With multiple miners (plural). But even with 5 miners, 3 blocks in 40 days is still much better luck than expected. BTCGuild doesn't list your solved block numbers, but the Slush "My Account" page does at the bottom.  My page is showing #288025 and #293474.  It makes me wish I had been solo mining!! But then again, I might not hit another one for the next 6 months.
legendary
Activity: 1148
Merit: 1000
April 01, 2014, 01:48:12 PM
#40
I received my "January batch" miners in late February, and have been mining steady for about 40 days.  I've already solved 3 blocks.[/quote]


You solved 3 blocks in 40 days with a miner that is estimated to solve 1 every 177 days?
newbie
Activity: 10
Merit: 0
March 31, 2014, 08:15:00 PM
#39
I got my 2Th from them.. need to RMA the unit.. it is not hashing correctly..   about 1.4 TH.. not what I want.

Is this the speed reported on the pool site after several hours of mining?  (1) Don't trust the numbers the TM-IV is giving you on its status page. (2) It takes several hours for the hash rate on any given pool to stabilize.  I've noticed the rate typically climbs slowly for several hours.  (3) Make sure you have the latest firmware update.  I've got 5 TM-IV units, and each of them run (with slight variation) at about 1.605 TH/s on Slush's pool after latest firmware update.

I received my "January batch" miners in late February, and have been mining steady for about 40 days.  I've already solved 3 blocks.  You should do proportionally as well.  I can't speak too badly about Cointerra.  It wasn't 2.0 TH/s as advertised, but they are performing much better than the KNC Neptunes at this point.  So we take what we can get.
full member
Activity: 156
Merit: 100
March 31, 2014, 02:23:11 PM
#38
Well, i always had an idea that cointerra might do this. And i actually have an intuition that cointerra is not gonna ship at all. I don't think they even have the hardware ready. They promise too big a claim, i would love to see them live up to people's expectations.


They did ship the January Batches I've personally seen a friend of mines. He ordered a fair amount of units and they all arrived.
Only problem was the 2TH miners he was promised were actually all different in speed, 1TH to about 1.6TH.
I was glad i put my money into the KnC Neptunes. All thought they actually havent arrived yet. Who knows when they might.
member
Activity: 92
Merit: 10
March 31, 2014, 01:30:30 PM
#37
I got my 2Th from them.. need to RMA the unit.. it is not hashing correctly..   about 1.4 TH.. not what I want.

sr. member
Activity: 462
Merit: 250
February 11, 2014, 09:26:04 PM
#36

Every single person who mines crypto needs to stop pre-ordering TODAY and end this madness.

Exactly this. It's utter madness, if a company want to develop a product, let them develop it, demonstrate it and then sell it. People need to stop paying for vapourware that is never ever shipped on time. There is going to be many multiple of terrahashes hitting the network that won't even return their investment. The only people laughing are the vapour manufacturers.

Studio1 -

its all very well saying that, but the sheer cost of designing and producing an asic, let alone go into manufacture on custom hardware... runs into the millions.  no company can afford to do it unless (a) they have already made millions (which means only existing bitcoin asic companies can do it)... or (b) they take pre-orders from customers and use those funds to kickstart their production.

hashfast & cointerra were hybrid companies... they raised some funds from private investors to get the design done... (circa $1m)..  and then they raised the rest of the $5m from pre-orders, to make the masks and start production.

no one can afford to just 'enter' the bitcoin mining business without significant funds.  those funds will usually come via pre-orders.  If they take pre-orders, then at least it will be decentralised and offered to the public at retail.

AND IF THEY DONT do pre-orders, then expect the company could become a private mine.  (like 21e6 llc)... which raised all of its money from private investors, and its not selling any miners to the public.


spoken like a true angel investor cashing in on misleading the public
hero member
Activity: 490
Merit: 500
February 11, 2014, 10:59:30 AM
#35
Totally appreciate the point, but in every other area of industry and business companies develop the product then bring it to market. I cannot think of another area of tech development where this business model is applied.
Didn't people pre-order Xbox One and PlayStation 4?

The problem is Microsoft and Sony didn't directly get those funds and they didn't use those funds to research the hardware.  In fact, my preorder wasn't even CHARGED until it shipped.


Yeah and I'm regretting that!

No mention of HDCP protection on gameplay and that you would be forced to upload 720p videos to Facebook!

They've really sucked the enjoyment out of getting one first on pre-order because you couldn't make 1080p YouTube videos with it!  Angry
member
Activity: 68
Merit: 10
February 11, 2014, 05:16:05 AM
#34
This is not good from cointerra, i didn't expected this!

they seems a very good team with scolars people!
newbie
Activity: 12
Merit: 0
February 11, 2014, 05:11:10 AM
#33
This is not good from cointerra, i didn't expected this!
member
Activity: 68
Merit: 10
February 11, 2014, 05:07:45 AM
#32
but no one miner has been shipped yet?!?!?!??!?
member
Activity: 96
Merit: 10
February 11, 2014, 05:05:11 AM
#31
so when they actualy promised to deliver?

I am waiting for my "Early January Batch" terraminer, many people are waiting for miners promised to be shipped in December.
member
Activity: 112
Merit: 10
February 11, 2014, 04:17:58 AM
#30
so when they actualy promised to deliver?
newbie
Activity: 56
Merit: 0
February 11, 2014, 04:01:58 AM
#29
nobody got a terraminer yet?
full member
Activity: 158
Merit: 100
February 11, 2014, 03:44:26 AM
#28
Totally appreciate the point, but in every other area of industry and business companies develop the product then bring it to market. I cannot think of another area of tech development where this business model is applied.
Didn't people pre-order Xbox One and PlayStation 4?

The problem is Microsoft and Sony didn't directly get those funds and they didn't use those funds to research the hardware.  In fact, my preorder wasn't even CHARGED until it shipped.
hero member
Activity: 700
Merit: 504
Run a Bitcoin node.
February 11, 2014, 02:22:08 AM
#27
Totally appreciate the point, but in every other area of industry and business companies develop the product then bring it to market. I cannot think of another area of tech development where this business model is applied.
Didn't people pre-order Xbox One and PlayStation 4?
member
Activity: 96
Merit: 10
February 11, 2014, 12:22:29 AM
#26
Once again I ask, can ANYONE confirm that they received anything from Cointerra?
full member
Activity: 158
Merit: 100
February 07, 2014, 12:31:10 PM
#25
I'm sure @BFL_Josh just sits backs and laughs EVERY time another company misses their deadline.  Sure, they missed theirs by a lot, but damn.  Preorder lesson should have been learned by now.

Disclaimer: I pre-ordered BFL then BA and Cointerra assuming they'd miss.

Either way, my pay-ship-mining 180 Gh/s Antminers are the troll's tits.
sr. member
Activity: 364
Merit: 250
February 06, 2014, 07:39:16 PM
#24
Demand makes it a special case  Roll Eyes

Really?

You think demand for miners outstrips an iPhone launch?

Hahahaha, this comment made me laugh   Cheesy  Cheesy  Cheesy

+1 to you sir.
newbie
Activity: 48
Merit: 0
February 05, 2014, 05:23:55 PM
#23
early January batch???
LOL
you'll get your in 2-3 months.
to early for you to panic
;-)

I am not satisfied with 'in 2-3 months'!!

Early January means EARY JANUARY, not in 2-3 months.

do your homework next time before ordering any hardware

Yours too.  Just because another company is dishonest/incapable, it doesn't excuse future business tactics or performances.
hero member
Activity: 1218
Merit: 500
BintexFutures
February 04, 2014, 05:38:11 PM
#22
Demand makes it a special case  Roll Eyes

Really?

You think demand for miners outstrips an iPhone launch?
hero member
Activity: 706
Merit: 500
February 04, 2014, 04:40:42 PM
#21
Demand makes it a special case  Roll Eyes
sr. member
Activity: 435
Merit: 250
February 04, 2014, 02:03:55 PM
#20
Well, i always had an idea that cointerra might do this. And i actually have an intuition that cointerra is not gonna ship at all. I don't think they even have the hardware ready. They promise too big a claim, i would love to see them live up to people's expectations.
hero member
Activity: 1218
Merit: 500
BintexFutures
February 04, 2014, 07:36:39 AM
#19

Every single person who mines crypto needs to stop pre-ordering TODAY and end this madness.

Exactly this. It's utter madness, if a company want to develop a product, let them develop it, demonstrate it and then sell it. People need to stop paying for vapourware that is never ever shipped on time. There is going to be many multiple of terrahashes hitting the network that won't even return their investment. The only people laughing are the vapour manufacturers.

Studio1 -

its all very well saying that, but the sheer cost of designing and producing an asic, let alone go into manufacture on custom hardware... runs into the millions.  no company can afford to do it unless (a) they have already made millions (which means only existing bitcoin asic companies can do it)... or (b) they take pre-orders from customers and use those funds to kickstart their production.

hashfast & cointerra were hybrid companies... they raised some funds from private investors to get the design done... (circa $1m)..  and then they raised the rest of the $5m from pre-orders, to make the masks and start production.

no one can afford to just 'enter' the bitcoin mining business without significant funds.  those funds will usually come via pre-orders.  If they take pre-orders, then at least it will be decentralised and offered to the public at retail.

AND IF THEY DONT do pre-orders, then expect the company could become a private mine.  (like 21e6 llc)... which raised all of its money from private investors, and its not selling any miners to the public.


Totally appreciate the point, but in every other area of industry and business companies develop the product then bring it to market. I cannot think of another area of tech development where this business model is applied.

If no one bought pre orders then I don't believe that companies wouldn't develop and sell miners, they would just have to raise funding like every single other manufacturing business out there.  This is no different to any other area of technical development and manufacture, I don't see why it is a special case and it always, always goes wrong.
hero member
Activity: 702
Merit: 500
February 04, 2014, 07:05:06 AM
#18

Every single person who mines crypto needs to stop pre-ordering TODAY and end this madness.

Exactly this. It's utter madness, if a company want to develop a product, let them develop it, demonstrate it and then sell it. People need to stop paying for vapourware that is never ever shipped on time. There is going to be many multiple of terrahashes hitting the network that won't even return their investment. The only people laughing are the vapour manufacturers.

Studio1 -

its all very well saying that, but the sheer cost of designing and producing an asic, let alone go into manufacture on custom hardware... runs into the millions.  no company can afford to do it unless (a) they have already made millions (which means only existing bitcoin asic companies can do it)... or (b) they take pre-orders from customers and use those funds to kickstart their production.

hashfast & cointerra were hybrid companies... they raised some funds from private investors to get the design done... (circa $1m)..  and then they raised the rest of the $5m from pre-orders, to make the masks and start production.

no one can afford to just 'enter' the bitcoin mining business without significant funds.  those funds will usually come via pre-orders.  If they take pre-orders, then at least it will be decentralised and offered to the public at retail.

AND IF THEY DONT do pre-orders, then expect the company could become a private mine.  (like 21e6 llc)... which raised all of its money from private investors, and its not selling any miners to the public.
member
Activity: 70
Merit: 10
February 04, 2014, 12:52:12 AM
#17
Pre-orders are really a bad idea.

Isn't better to go directly to their postal address to receive the product ?
hero member
Activity: 1218
Merit: 500
BintexFutures
February 03, 2014, 03:57:10 AM
#16

Every single person who mines crypto needs to stop pre-ordering TODAY and end this madness.

Exactly this. It's utter madness, if a company want to develop a product, let them develop it, demonstrate it and then sell it. People need to stop paying for vapourware that is never ever shipped on time. There is going to be many multiple of terrahashes hitting the network that won't even return their investment. The only people laughing are the vapour manufacturers.
donator
Activity: 686
Merit: 519
It's for the children!
February 03, 2014, 12:23:31 AM
#15
Can anyone confirm that they received any miners or tracking numbers from Cointerra yet, besides the one person?

I am getting a bad feeling about this, as I have seen nothing indicating Cointerra actually started shipping to customers..

Nervously waiting for my "Early January Batch" TerraMiner IV.

Don't be nervous.

I can assure you they will ship faster than BFL pre-orders  Grin
full member
Activity: 180
Merit: 100
Cloud Mining & Colocation
February 02, 2014, 09:59:16 PM
#14
If you have placed an order and paid via Bitcoin since January 31st and have been contacted via email by any person purporting to be a CoinTerra representative offering to discount your order or to move you into an earlier batch, or to sell you a cancelled order from an earlier batch in exchange for quick payment please contact us immediately at [email protected] so that we may investigate it.


lolololololol.........roughly translated...your BTC is gone but we don't have it!!!!
wow just wow.

Every single person who mines crypto needs to stop pre-ordering TODAY and end this madness.


If people were getting emails like that wouldn't it be all over the forum???

Yeah that's what I was thinking surely people would have mentioned those emails...

Very worrying if you paid by Bitcoin though.
legendary
Activity: 1148
Merit: 1000
February 02, 2014, 09:35:40 PM
#13
If you have placed an order and paid via Bitcoin since January 31st and have been contacted via email by any person purporting to be a CoinTerra representative offering to discount your order or to move you into an earlier batch, or to sell you a cancelled order from an earlier batch in exchange for quick payment please contact us immediately at [email protected] so that we may investigate it.


lolololololol.........roughly translated...your BTC is gone but we don't have it!!!!
wow just wow.

Every single person who mines crypto needs to stop pre-ordering TODAY and end this madness.


If people were getting emails like that wouldn't it be all over the forum???
hero member
Activity: 854
Merit: 500
einc.io
February 02, 2014, 09:16:07 PM
#12
They are more creative than BFL "Two weeks™".
I wonder if this is true?
full member
Activity: 238
Merit: 100
February 02, 2014, 08:41:31 PM
#11
a delay of 3 months is the difference between profit and losing all of your investment
full member
Activity: 180
Merit: 100
Cloud Mining & Colocation
February 02, 2014, 08:33:28 PM
#10


Bit worrying, screen shot of their site.
legendary
Activity: 1148
Merit: 1000
February 02, 2014, 08:26:50 PM
#9
Yes but didn't you see the awesome picture with the lucky person who got to errr...visit his miner. It is now hashing and the eventual owner couldn't be happier!!
Just check his reddit thread.
See everything is fine.
newbie
Activity: 42
Merit: 0
February 02, 2014, 07:16:19 AM
#8
early January batch???
LOL
you'll get your in 2-3 months.
to early for you to panic
;-)

I am not satisfied with 'in 2-3 months'!!

Early January means EARY JANUARY, not in 2-3 months.

do your homework next time before ordering any hardware
hero member
Activity: 868
Merit: 1000
February 02, 2014, 07:01:25 AM
#7
early January batch???
LOL
you'll get your in 2-3 months.
to early for you to panic
;-)

I've got january orders too and i maintain a close contact with the company. I've visited them and am fairly confident they're in production.  exactly when they ship I'm not sure but I'm hopeful mine will arrive in a week or two...  and I'm not first on the list



Please report back when you get it. Smiley
hero member
Activity: 702
Merit: 500
February 02, 2014, 06:58:35 AM
#6
early January batch???
LOL
you'll get your in 2-3 months.
to early for you to panic
;-)

I've got january orders too and i maintain a close contact with the company. I've visited them and am fairly confident they're in production.  exactly when they ship I'm not sure but I'm hopeful mine will arrive in a week or two...  and I'm not first on the list

sr. member
Activity: 266
Merit: 250
February 02, 2014, 06:27:31 AM
#5
early January batch???
LOL
you'll get your in 2-3 months.
to early for you to panic
;-)

I am not satisfied with 'in 2-3 months'!!

Early January means EARY JANUARY, not in 2-3 months.

well, there is nothing you can do bro.

welcome to the club!
hero member
Activity: 868
Merit: 1000
February 02, 2014, 06:26:33 AM
#4
If you check the delivery date of the previous pre-orders (especially BFL), you would know that a delay of 3 months is far from bad. Tongue
member
Activity: 96
Merit: 10
February 02, 2014, 06:13:51 AM
#3
early January batch???
LOL
you'll get your in 2-3 months.
to early for you to panic
;-)

I am not satisfied with 'in 2-3 months'!!

Early January means EARY JANUARY, not in 2-3 months.
sr. member
Activity: 266
Merit: 250
February 02, 2014, 06:03:00 AM
#2
early January batch???
LOL
you'll get your in 2-3 months.
to early for you to panic
;-)
member
Activity: 96
Merit: 10
February 02, 2014, 04:27:58 AM
#1
Can anyone confirm that they received any miners or tracking numbers from Cointerra yet, besides the one person?

I am getting a bad feeling about this, as I have seen nothing indicating Cointerra actually started shipping to customers..

Nervously waiting for my "Early January Batch" TerraMiner IV.
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