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Topic: Cointerra AIRE Miner 16nm PreOrder - page 9. (Read 19889 times)

hero member
Activity: 857
Merit: 1000
Anger is a gift.
September 18, 2014, 08:02:50 PM
#24
If you are even thinking about pre-ordering any hardware, especially from Cointerra, just send me the coins. I will make much better use of them.
hero member
Activity: 700
Merit: 504
Run a Bitcoin node.
September 18, 2014, 07:47:22 PM
#23
Cointerra contacted me early on to develop a driver for their 28nm offer. However I've heard and know precisely nothing about this new offering.
For newbies not aware: ckolivas is the primary developer of cgminer.

The AIRE product is vapourware at this point, or should I say vapourwAIRE.
legendary
Activity: 2128
Merit: 1119
September 18, 2014, 06:21:06 PM
#22
Remember folks: This company missed their targets: power, hashrate, and shipping on their first attempt.  They also provided lackluster support to any of their customers, and in the face of everyone that bought HW, they opened up their own mine to sell power to people at an enormously inflated 'ripoff' price.

Learn from the mistakes of those before you, don't pre-order, and most certainly don't pre-order from Cointerra.


I think what is in red pretty much sums it up! regardless of the company.
legendary
Activity: 1512
Merit: 1000
September 18, 2014, 06:20:12 PM
#21
Remember folks: This company missed their targets: power, hashrate, and shipping on their first attempt.  They also provided lackluster support to any of their customers, and in the face of everyone that bought HW, they opened up their own mine to sell power to people at an enormously inflated 'ripoff' price.

Learn from the mistakes of those before you, don't pre-order, and most certainly don't pre-order from Cointerra.
sr. member
Activity: 392
Merit: 250
September 18, 2014, 06:12:06 PM
#20
No!
hero member
Activity: 658
Merit: 500
September 18, 2014, 05:19:31 PM
#19
Cointerra contacted me early on to develop a driver for their 28nm offer. However I've heard and know precisely nothing about this new offering.
Pls for the sake of the community and your reputation. Dont work with them ever, they're probably gonna use your name to attract more newbies.

vip
Activity: 1428
Merit: 1145
September 18, 2014, 05:18:57 PM
#18
Cointerra contacted me early on to develop a driver for their 28nm offer. However I've heard and know precisely nothing about this new offering.

Ergo, filmware not included.
legendary
Activity: 2212
Merit: 1001
September 18, 2014, 05:13:10 PM
#17
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
September 18, 2014, 05:04:38 PM
#16
Cointerra contacted me early on to develop a driver for their 28nm offer. However I've heard and know precisely nothing about this new offering.
hero member
Activity: 658
Merit: 500
September 18, 2014, 05:04:27 PM
#15
Wow, Suckers/idiots dont deserve to have any money, so guys.... pls order. I want it sold out within 48hrs!
legendary
Activity: 1316
Merit: 1014
ex uno plures
September 18, 2014, 04:59:14 PM
#14
legendary
Activity: 2800
Merit: 1012
Get Paid Crypto To Walk or Drive
September 18, 2014, 04:56:08 PM
#13
Their estimate on when it will ship is 3 months wide. In other words, they have no fucking clue when it'll ship, and no refunds or compensation if they don't meet that monster window. Anyone pre-ordering that is an idiot.

Didn't the KNC Neptune have an order window of 6 months?  (Q1 and Q2 of 2014?) Just goes to show that people see dollar signs in front of their eyes.

And yes, it is true that their ToS is stupid and bullshit and wouldn't hold up in court, but they put them there to try to deter people from going that route.  You would absolutely win in any court quiet easily actually, but the easier thing to do would be to not order in the first place.

JUST SAY NO TO PRE-ORDERS!
legendary
Activity: 1904
Merit: 1007
September 18, 2014, 04:55:35 PM
#12
Sorry, no refunds. Check out the sales terms:
http://cointerra.com/aireminer-terms/
It would be interesting to hear the opinion of a lawyer on this. It's not a sale, it's a preorder. There are laws against tos refusing to refund preorders, at least in california.

http://www.theverge.com/2014/9/17/6334533/online-retailers-ftc-shipping-rules
legendary
Activity: 3878
Merit: 1193
September 18, 2014, 04:49:57 PM
#11
Their estimate on when it will ship is 3 months wide. In other words, they have no fucking clue when it'll ship, and no refunds or compensation if they don't meet that monster window. Anyone pre-ordering that is an idiot.
legendary
Activity: 1176
Merit: 1001
September 18, 2014, 04:43:36 PM
#10
Sorry, no refunds. Check out the sales terms:
http://cointerra.com/aireminer-terms/
It would be interesting to hear the opinion of a lawyer on this. It's not a sale, it's a preorder. There are laws against tos refusing to refund preorders, at least in california.
hero member
Activity: 843
Merit: 608
September 18, 2014, 04:00:27 PM
#9
Even if they did deliver 4.5 TH at 1300 watts, which is unlikely, the $2500 price makes this a horrible investment. Even delivery on Jan 1 with a 6% diff increased these will LOSE money. at 5% there will break even.... in late 2016.

Stay clear.
legendary
Activity: 1904
Merit: 1007
September 18, 2014, 03:58:12 PM
#8
DO NOT BUY FROM COINTERRA! you have been warned!
legendary
Activity: 2324
Merit: 1039
September 18, 2014, 03:57:59 PM
#7
If anyone will fund them with money that means people didn't learn lesson.

Preorder are just sow wrong.
After BFL, now this...
hero member
Activity: 700
Merit: 504
Run a Bitcoin node.
September 18, 2014, 03:54:36 PM
#6
Didn't Cointerra miss their specifications on their first ASIC? The 28nm TerraMiner IV was sold as a pre-order for a 2TH/s unit... didn't the actual product perform at 1.6 TH/s?

I heard there was quite a high percentage of failures too: units that wouldn't hash.

Now would be a good time for some TerraMiner IV customers to chime in with their experiences.

Given their terrible track record on a mature process like 28nm, the chances look pretty grim that they will deliver 16nm on spec and on deadline. People pre-ordering this product should be prepared for endless delays and excuses for why the miners are not available yet. Wanting a refund once the product is 3 to 6 months late? Sorry, no refunds. Check out the sales terms:
http://cointerra.com/aireminer-terms/

Quote
2.         PURCHASES ARE FINAL:

ALL PURCHASES ARE FINAL, NON-CANCELABLE AND NON-REFUNDABLE. NO CANCELLATION OR RESCHEDULING OF ORDERS BY YOU WILL BE ACCEPTED.
full member
Activity: 203
Merit: 100
September 18, 2014, 03:49:25 PM
#5
The Cointerra AIRE miner Terms and Conditions are really tough.

They leave the purchaser no way out, but Cointerra lots of wiggle room.  Basically don't expect a refund if the 16mm machine does not come up to specifications and is not delivered until September 2015.

From the T&Cs

"2.         PURCHASES ARE FINAL:

ALL PURCHASES ARE FINAL, NON-CANCELABLE AND NON-REFUNDABLE. NO CANCELLATION OR RESCHEDULING OF ORDERS BY YOU WILL BE ACCEPTED."

and

"6.         PRODUCT SPECIFICATIONS; DISCLAIMER OF WARRANTIES; CHANGED OR DISCONTINUED PRODUCT

6.1       All Product specifications, illustrations, drawings, particulars, dimensions, performance data and other information on the site or made available by us are intended to represent no more than a general illustration of the Product and its features and do not constitute a warranty or representation by us that the Product will conform with the same. For Products that have not been officially released (“Pre-release Products”), the performance specification shall be considered as the target specification and not a guarantee of performance."


The T&Cs also require you to give up your right to litigate in courts and class actions.  Any disputes must be resolved by an arbitrator in Austin, Texas.
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