Topic: Cointerra AIRE Miner 16nm PreOrder - page 3. (Read 19889 times)

for ease of demonstration i gave just one example of a glaring error in your ratings system.  There are many.   i could go through every line and show that most of the numbers are fabricated to suit your choice of which companies go where.

I'll pick out the bits which actually have content in to respond. I'd prefer we did this in one of my threads in the future as its OT here, but I have to refute your claims.


FF was removed from everyone, its no longer used. KNCMiner had the original FF because they specifically said they wouldn't mine against customers in a large fashion, then absolutely demolished that promise.


Manipulated the numbers positively and negatively against two companies I have no relation with - hmmm. And those 2 point 'manipulations' on a 100 point system, damn I'm a bad boy today.



No, its not. F = Operates own mining farm = -2 and O = Other generic unethical behaviour = -5. Nothing about size of farms here.


The evidence you've provided is irrefutable, you got me. But in all seriousness, you've said nothing that suggests I've manipulated the ratings or I have any personal or emotional attachment to the two companies you've stated. On the other foot, your post history suggests you are extremely supportive of Cointerra, and are annoyed that they have a low (rightful) rating.

thats incorrect.

i wrote to you that you were fictionally applying your numeric assessments in an incorrect way.  you had come up with a rating system and then making up the numbers.

you pretend you've got a numeric rating system that can't be cheated, yet many of the numbers that you put into the boxes are your personal and emotional decision and bear no basis in fact.

and you don't take input nor criticism from anyone else.  your rating system is Yours, and yours to make up the numbers and you alone.

i was just trying to inject some reality into it.

for instance, you STILL to this day, maintain that bitfury has 'ethics score of F =  8 points' because they have a small mine (really!!!!?).   Had you not been biassed (or is it just blind?) the real score would've been 'FF, because they have the largest private mine in existence, dwarfing everyone else's... and a score of FF would've scored them -4 instead of 8 according to your own ratings... but no, youre not interested in facts or reality.  you just make up the scores and numbers as you go along and then pretend that because they're just numbers they can't possibly be cheated.  But you're the cheat.  You've come up with the ratings to put them in order, and then you've manipulated the numbers to have the ratings come out how you want.  its plain for all to see.  it doesn't pass any scrutiny at all.

By contrast, KnCMiner, you have scored as ethics F O , which is a huge private mine (-4 points).

Does it even matter to you that KnCMiner's mine is significantly smaller than BitFury's yet your scoring system has it the other way around?

This is just pure bias and emotion -  ignoring the facts.  its a terrible ratings system, Dogie, because its only You and there's no objectivity in it at all.

Actually it was you who wanted me to downvote companies across the board for personal transactions you'd had with them, not me. I set up a numerical criteria system so I don't have control over the ratings.

If it is known that Cointerra's supplier is not going to deliver 16nm to them until Q2 2015; then the CT website target delivery date needs to shift from Q1 as well. Especially when one signs refunds and recourse away in the sale terms fine print.

Otherwise that sales method sounds deceptive to me.

 

   

Given how our orders over the last year went with Cointerra and the fact that 2 out of 4 delivered Terraminers went kaput I will be sitting this one out.  They're not the worst company I've ordered from (ahem BFL) but when there are reliable companies that'll ship out hardware within a couple of days that seem to have much more reliable hardware I don't see why anybody would buy from Cointerra this time around.

i dont think anyone in the real world takes dogie's (biassed and inaccurate) ratings too seriously.  there's few ratings there that can be substantiated given the facts and his ratings are very openly based on emotion and anecdote rather than actual data.  ive tried to work with him on improving the accuracy but reality doesnt seem too important and he's not able to take input nor criticism from anyone else (certainly not me).  im sure its also a coincidence that several of the companies that paid him (in cash or kind) to write a guide for them may have scored better in his ratings than they deserve.

as for 21e6, rumours are theyve raised a significant amount of cash from silicon valley investors...  and are now working on their third chip... (apparently the other two werent especially competitive).  im sure they're mining so they must be in the unknown category, as you say.

Yes, investors are very important, that's why reputation is a main factor for mining business today.. One look at Dogie's rating will enough for investor won't give even a dollar to Cointerra.
What about 21e6? They are in the Unknown group by Organofcorti statistics, aren't they?

mining operations provide bitcoin revenue, but the low price of btc means exposure to exchange rate fluctuations hurts miners more than most (hosting/electricity costs in dollars, revenue in bitcoins) and also, most other miners that operate private mines also raise cash from investors/partnerships (kncminer, bitfury, asicminer, 21e6 et al)

They didn't grow about 3 month (http://organofcorti.blogspot.ru/), so the answer is likely "No". Otherwise they would increase power, but if they have no money to do it, what is probability they will find 10m$ for 16nm chip? Asymptotically approaches zero..

Have they not generated sufficient revenue from their private farm?

CONterra is much a better name.

TerraBatic... nice name, but you're posting from a newbie account.  by which more common name are you known?

btw.. am an investor not board member.

a 16nm chip is an expensive asic to produce - funds required for tapeout and production are significant and are much higher than for other previous types of asic (read: north of $10m) so to raise that amount they will be considering all the common financing techniques like pre-orders, partnerships and investors.  its also sensible that they talk to other mining companies to see who wants to join forces and share the burden.

imho, its pretty obvious there are way too many unique asics in the bitcoin mining business and these companies are wasting too much cash reinventing the same things - and in an ideal scenario there should be more effort amongst them to share technology and the huge costs of creating new silicon - both to reduce the wasted nre's, and also to bring better economies of scale.

Jez or aerobatic, the rumors in the industry are that CoinTerra didn't TapeOut their 16nm chip yet because they don't have the $. Why does CoinTerra still collect preorders on a product they don't intend to deliver? Do you feel it's ethical? How do you feel as an investor and board member?
Rumors are that CoinTerra is approaching anyone in the industry for funding. Do you have any comments on that? How close is CoinTerra for bankruptcy?

Yeah. this forum is not known for big thinker.

Anyway. I will try. Dont make a pre-order. There were maybe one or two cases of pre-orders for mining hardware, which was profitable. The mining forum is full of stories, with companies didnt or delivered not to promised date.

STAY AWAY OF FUNDING PRE SALE MINING OPERATIONS. JUST THINK, ANY INVESTOR WOULD GIVE THEM ENOUGH MONEY IF IT WOULD BE A GOOD DEAL, BUT SO THEY NEED YOU TO FINANCE THEIR OPERATION.

Looks like you're right: http://www.kitguru.net/channel/generaltech/anton-shilov/tsmc-slightly-postpones-mass-production-of-16nm-chips-to-q2-2015/

Funny how Cointerra is still advertising Q1 shipment..

I hope their customers don't mind the 6+ month delay.

Bitcoin miners don't qualify for mass production so having a couple of wafers available for this wouldn't surprise me. While right now the mining ecosystem is a bit boring I think we have some interesting times ahead.

if that were the case, hobby miner might not see anything real until 2016 ?

16nm propably. 14nm propably not. Only Intel and Samsung are ready with 14nm. But they wil not produce for small asic company (extremly high costs). TSMC is ready with 16nm but they are so busy with 20nm Apple CPUs that they will start mass production on 16nm in Q2'15.

In his defense I can say that he clearly understands hardware since he is an investor in Cointerra. From you post I can see that YOU don't understand hardware. Bitcoin mining can't be compared to CPU or GPU. It's just a simple thing that can be paralleled very easy on the chip and it doesn't operate at such volts that you mentioned. You are comparing apples to oranges. And this is coming just from me who learned all this stuff about chips from wikipedia and this forum. We will see 16nm and 14nm chips in 2015! Not later.