CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s - page 101.

dani

hero member

Activity: 525

Merit: 500

..yeah

nobdoy posted it, so I'll do: email udpate

Quote

Dear Mining entusiast,

We are excited to announce our second batch of specialized ASIC mining equipment for early January 2014 delivery.

There is a new product that is being launched in the January batch, the 1 TH/s TerraMiner II, which sells for $3499.

There is also the TerraMiner IV retailing for $5999 in the January batch. That makes it the first mining equipment to break the $3 per Gigahash barrier!

Both products feature CoinTerra's 500 GH/s GoldStrike1 chip, which is already the fastest chip announced in the Bitcoin market. Physical Design results for GoldStrike1 show that some of these chips can perform as high as 700 Gh/s. There is a possibility that at the time of delivery customers may be offered an option to upgrade their TerraMiner for a small fee, further lowering the cost per Gigahash.

Best wishes,

CoinTerra Sales Team

DeathAndTaxes

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Gerald Davis

Quote from: Unacceptable on September 07, 2013, 06:39:13 PM

It not so much that,as the offerings are 400GH +,give us a 100GH miner or even,dare I say it a 50GH miner.So us little folk can get in for a reasonable price range Roll Eyes

Bitfury sells naked boards. You can use your own pi and connect as many boards as you want to it. In the long run using the backplane likely makes sense but you can buy a single 25 GH/s hashing board and nothing else.

DeathAndTaxes

donator

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Gerald Davis

Quote from: Epoch on September 12, 2013, 10:16:54 AM

Quote from: ASIC-K on September 12, 2013, 09:46:00 AM

check out the site, new cointerra products and prices released. what do yall think?

"Where's the beef?" Disappointing to see that there is *still* nothing substantive on that website; nothing to alleviate legitimate concerns that this may be just another, albeit glossier-than-most, scam. I'll pass. There will be plenty of cheap ASIC hardware to buy in the coming months.

The sad thing is I don't think it is a scam but the lack of any technical information at all means you would just be buying on faith. At least competitors provide some technical details. There is absolutely no details provided.

PuertoLibre

legendary

Activity: 1890

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Quote from: Epoch on September 12, 2013, 10:16:54 AM

Quote from: ASIC-K on September 12, 2013, 09:46:00 AM

check out the site, new cointerra products and prices released. what do yall think?

"Where's the beef?" Disappointing to see that there is *still* nothing substantive on that website; nothing to alleviate legitimate concerns that this may be just another, albeit glossier-than-most, scam. I'll pass. There will be plenty of cheap ASIC hardware to buy in the coming months.

Agreed. But that was one hell of a price cut.

Epoch

legendary

Activity: 922

Merit: 1003

Quote from: ASIC-K on September 12, 2013, 09:46:00 AM

check out the site, new cointerra products and prices released. what do yall think?

"Where's the beef?" Disappointing to see that there is *still* nothing substantive on that website; nothing to alleviate legitimate concerns that this may be just another, albeit glossier-than-most, scam. I'll pass. There will be plenty of cheap ASIC hardware to buy in the coming months.

creativex

sr. member

Activity: 434

Merit: 250

A 1.78% discount for pre-ordering 5 expensive rigs is weak.

Edit: 10% off a January 5 pack with a solid delivery date might be worth considering given the enormous risks involved.

ASIC-K

sr. member

Activity: 280

Merit: 250

Hell?

yeah the 1 ths unit at 3499 is tempting, but january is a long way off. if knc delivers, hashrate will explode.

WastedLTC

hero member

Activity: 778

Merit: 563

Quote from: ASIC-K on September 12, 2013, 09:46:00 AM

check out the site, new cointerra products and prices released. what do yall think?

The price for December appears to be the same? Having a price drop of 50% the following month shows much the difficulty will rocket and not sure if a 50+% drop is enough to make up the 50+% jump in difficulty. Without better dates (When in December/January) these prices are too high for me and too far away.

yuriygeorge

sr. member

Activity: 262

Merit: 250

I hate my family

Not sure if this has been answered already, but would I be able to run the 2TH Cointerra miner at home? Or it's suited more for data-center-type environments?

ASIC-K

sr. member

Activity: 280

Merit: 250

Hell?

check out the site, new cointerra products and prices released. what do yall think?

Unacceptable

legendary

Activity: 2212

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Quote from: aerobatic on September 07, 2013, 05:09:18 AM

Quote from: Unacceptable on September 07, 2013, 05:04:36 AM

My issue is the overall price,$3,000-8,000 to "enter the market" Cry

Sorry,I'm a poor SOB,give me something for a few hundred or even just $1000..................this goes for all vendors Roll Eyes

there are usb sticks in the $100-200 price range (that arent economic and are just for fun).

but alas, the cost of mining gear is pricey because it involves custom chips, controller boards, power supplies, boxes, fans etc etc. so this isnt cheap gear.

but you will find something cheap but not from knc, hashfast or cointerra as these guys are focussing on powerful mining gear.

i suggest you invest in mining stocks.. that way you can own equity in bigger mining operations. e.g.: Peta Mine (for cointerra mining) or IceDrill (for hashfast mining)

-- Jez

I'll never do the stock/share thing...too risky...I barely trust anyone enough to preorder anymore Cheesy

It not so much that,as the offerings are 400GH +,give us a 100GH miner or even,dare I say it a 50GH miner.So us little folk can get in for a reasonable price range Roll Eyes

Also these 3 board setups are just crazy!! A miner card,backplane & raspi with a 25GH miner(gotta have it or it won't function)?? Just to save a wire cluster..........more fail points IMO..........

Keep it simple,the old fashioned USB & standard ATX PSU plugs are fine...& the custom miner software....pfft....CGminer/BFGminer are great & easy & most of us have used them forever.

While I'm ranting/venting,custom cases?? Just more money to spend & have to earn back,AFAIK...... Roll Eyes

Just looking for "affordable","barebones" mining equipment.I know,I'm just one single moron Roll Eyes

The ASIC companies can still offer those things,just give the option to opt out of them...........

That's one reason I went with the Klondike/Steamboat & Drillbit systems,simple,no frills hardware Cool

Thanks for listening & sorry for the derail Cheesy

Whew,I feel MUCH better now Cheesy

Anenome5

sr. member

Activity: 252

Merit: 250

Quote from: Bicknellski on September 07, 2013, 05:08:44 AM

Quote from: Unacceptable on September 07, 2013, 05:04:36 AM

My issue is the overall price,$3,000-8,000 to "enter the market" Cry

Sorry,I'm a poor SOB,give me something for a few hundred or even just $1000..................this goes for all vendors Roll Eyes

The time has come for all good individuals to come to the realization that "cooperative" mining is your next best bet if you want to keep playing.

You mean what, investing in mining operations, ala AM?

Anenome5

sr. member

Activity: 252

Merit: 250

Quote from: Unacceptable on September 07, 2013, 05:04:36 AM

My issue is the overall price,$3,000-8,000 to "enter the market" Cry

Sorry,I'm a poor SOB,give me something for a few hundred or even just $1000..................this goes for all vendors Roll Eyes

As a small company, you'd rather have one customer at $8,000 than 80 customers at $100.

Imagine the difference in support headaches, contact surface area, and the like. So, it's not a smart move for them. And it would mess with their margins on the actual product too.

creativex

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Activity: 434

Merit: 250

Quote from: 001sonkit on September 07, 2013, 11:03:58 AM

Quote from: creativex on September 07, 2013, 10:53:43 AM

Buying a mining stock means you're outsourcing judgement/relinquishing control over how your funds are deployed. Then there's the trust thingy.

Just because a particular security issuer scatters buzzwords throughout their contract(28nm, hashfast, cointerra) doesn't automatically make their judgment any better than any one else's. Neither does it prove that they're trustworthy. The last is of particular note when an asset issuer has already invalidated their own contract before even leaving IPO status.

I much agree with that, for me after going thru posts on getting some mining shares, quite some of them are either thinking of big money out of your money. Trolling. Dont illiterate on Bitcoin, or just thinking about profit for themselves. PETAMINE is a good example or illiterate and self-profit IMHO. For me I have bought 50GH of CoinTerra Groupbuy of waldohoover (aka. teamredditmining). As far as I know what is was doing, what he is experienced at and how he handle things. That's the least trolled option for me to choose. Despite it is a few cents more expensive than other options, but better safe or get nothing back, thats my choice.

I don't know if CoinHoarder's groupbuy is still open or if he's added any CoinTerra orders as yet as I don't keep up on these things, but I think it's safe to say his judgement has proven to be at least adequate and I believe it's safe to say he's acted in good faith at every point. Going that route is light years ahead of pouring funds into a startup security listed by somebody with zero history in the community, nothing to indicate their judgement is worthy of a premium, and has already established a track record of considering contracts to be unilaterally fungible.

001sonkit

hero member

Activity: 784

Merit: 1000

Casper - A failed entrepenuer who looks like Zhou

Quote from: creativex on September 07, 2013, 10:53:43 AM

Buying a mining stock means you're outsourcing judgement/relinquishing control over how your funds are deployed. Then there's the trust thingy.

Just because a particular security issuer scatters buzzwords throughout their contract(28nm, hashfast, cointerra) doesn't automatically make their judgment any better than any one else's. Neither does it prove that they're trustworthy. The last is of particular note when an asset issuer has already invalidated their own contract before even leaving IPO status.

I much agree with that, for me after going thru posts on getting some mining shares, quite some of them are either thinking of big money out of your money. Trolling. Dont illiterate on Bitcoin, or just thinking about profit for themselves. PETAMINE is a good example or illiterate and self-profit IMHO. For me I have bought 50GH of CoinTerra Groupbuy of waldohoover (aka. teamredditmining). As far as I know what is was doing, what he is experienced at and how he handle things. That's the least trolled option for me to choose. Despite it is a few cents more expensive than other options, but better safe or get nothing back, thats my choice.

creativex

sr. member

Activity: 434

Merit: 250

Buying a mining stock means you're outsourcing judgement/relinquishing control over how your funds are deployed. Then there's the trust thingy.

Just because a particular security issuer scatters buzzwords throughout their contract(28nm, hashfast, cointerra) doesn't automatically make their judgment any better than any one else's. Neither does it prove that they're trustworthy. The last is of particular note when an asset issuer has already invalidated their own contract before even leaving IPO status.

Vedran Yoweri

member

Activity: 106

Merit: 10

Quote from: aerobatic on September 07, 2013, 06:39:44 AM

Quote from: Vedran Yoweri on September 07, 2013, 05:35:47 AM

Quote from: aerobatic on September 07, 2013, 05:09:18 AM

i suggest you invest in mining stocks.. that way you can own equity in bigger mining operations. e.g.: IceDrill

-- Jez

That would be https://btct.co/security/PETA-MINE for Cointerra boys. Grin

sounds good - an opportunity for those that cant afford the bigger systems to buy an affordable equity investment in a cointerra based mine

-- Jez

With added option to spread risk between IceDrill (HashFast), PETA (Cointerra), LABCOIN etc.

aerobatic

hero member

Activity: 702

Merit: 500

Quote from: Vedran Yoweri on September 07, 2013, 05:35:47 AM

Quote from: aerobatic on September 07, 2013, 05:09:18 AM

i suggest you invest in mining stocks.. that way you can own equity in bigger mining operations. e.g.: IceDrill

-- Jez

That would be https://btct.co/security/PETA-MINE for Cointerra boys. Grin

sounds good - an opportunity for those that cant afford the bigger systems to buy an affordable equity investment in a cointerra based mine

-- Jez

Vedran Yoweri

member

Activity: 106

Merit: 10

Quote from: aerobatic on September 07, 2013, 05:09:18 AM

i suggest you invest in mining stocks.. that way you can own equity in bigger mining operations. e.g.: IceDrill

-- Jez

That would be https://btct.co/security/PETA-MINE for Cointerra boys. Grin

aerobatic

hero member

Activity: 702

Merit: 500

Quote from: Unacceptable on September 07, 2013, 05:04:36 AM

My issue is the overall price,$3,000-8,000 to "enter the market" Cry

Sorry,I'm a poor SOB,give me something for a few hundred or even just $1000..................this goes for all vendors Roll Eyes

there are usb sticks in the $100-200 price range (that arent economic and are just for fun).

but alas, the cost of mining gear is pricey because it involves custom chips, controller boards, power supplies, boxes, fans etc etc. so this isnt cheap gear.

but you will find something cheap but not from knc, hashfast or cointerra as these guys are focussing on powerful mining gear.

i suggest you invest in mining stocks.. that way you can own equity in bigger mining operations. e.g.: Peta Mine (for cointerra mining) or IceDrill (for hashfast mining)

-- Jez

Topic: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s - page 101. (Read 231002 times)