Topic: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s - page 109. (Read 231002 times)
August 23, 2013, 12:10:55 PM
Dissuade me from buying.
August 23, 2013, 11:04:20 AM
sucker born everyminute. show me the prototype. show me a design plan shit, show us something. this thread looks like a bunch of bought accounts social engineering the suckers of the world to putting money don on this ponzi scheme. cointerras website is a joke. read the about page. hyperbole and cave at, ad nauseum. don't be a sucker folks.
that was not so bold move with pre-orders, but people behind of this project appears to be very real and verifiable.
August 23, 2013, 10:58:50 AM
Pity, there is no profitable miner preorder now...
August 23, 2013, 10:54:36 AM
Just want to add that this is not an unique situation. Several companies show hardware breaking even or doing terribly with just one month shift.
August 23, 2013, 10:53:39 AM
sucker born everyminute. show me the prototype. show me a design plan shit, show us something. this thread looks like a bunch of bought accounts social engineering the suckers of the world to putting money don on this ponzi scheme. cointerras website is a joke. read the about page. hyperbole and cave at, ad nauseum. don't be a sucker folks.
August 23, 2013, 10:50:53 AM
Thanks!
Though I would change the mining start to January and exchange rate to BitStamp:
http://mining.thegenesisblock.com/a/c1ca4b3013
Very sensitive simulation with these exponentials... But I think the exponential is here to stay at least until then. What any successful company will add from now on will be measured in PH/s (so hundreds of millions in extra difficulty per delivering company).
August 23, 2013, 10:48:37 AM
I think that your 66% network increase is low short term, high long term.
+1
August 23, 2013, 10:47:33 AM
August 23, 2013, 10:45:35 AM
I think that your 66% network increase is low short term, high long term.
August 23, 2013, 10:44:50 AM
so many sockpuppets
August 23, 2013, 10:41:23 AM
August 23, 2013, 09:35:32 AM
16K as pre order for December quite risky investment, little bit too much considering more carefully current scenario, in any way it will pay back and will give you a profit around USD 5,800 by November 2014.
http://mining.thegenesisblock.com/
Also by announcing price CoinTerra tells competitors what price mark they will have to beat in December, so you pay now 16K and be sure that in December there will be "ship now" offers for better money.
great to see asic's top brass arriving into bitcoins, but obvious they knows little about mining and mining business.
at least private pool with no fee is a must have addition to any mining equipment manufacturer. Much better approach would be to start leasing equipment instead of selling it. I'm in Pune Open-Silicon has manufacturing facility here, I would be interested in lease.
http://mining.thegenesisblock.com/
Also by announcing price CoinTerra tells competitors what price mark they will have to beat in December, so you pay now 16K and be sure that in December there will be "ship now" offers for better money.
great to see asic's top brass arriving into bitcoins, but obvious they knows little about mining and mining business.
at least private pool with no fee is a must have addition to any mining equipment manufacturer. Much better approach would be to start leasing equipment instead of selling it. I'm in Pune Open-Silicon has manufacturing facility here, I would be interested in lease.
Can you post your genesisblock.com analysis? Notice it gives you a link directly to your analysis.
Thanks!
August 23, 2013, 08:42:25 AM
16K as pre order for December quite risky investment, little bit too much considering more carefully current scenario, in any way it will pay back and will give you a profit around USD 5,800 by November 2014.
http://mining.thegenesisblock.com/
Also by announcing price CoinTerra tells competitors what price mark they will have to beat in December, so you pay now 16K and be sure that in December there will be "ship now" offers for better money.
great to see asic's top brass arriving into bitcoins, but obvious they knows little about mining and mining business.
at least private pool with no fee is a must have addition to any mining equipment manufacturer. Much better approach would be to start leasing equipment instead of selling it. I'm in Pune Open-Silicon has manufacturing facility here, I would be interested in lease.
http://mining.thegenesisblock.com/
Also by announcing price CoinTerra tells competitors what price mark they will have to beat in December, so you pay now 16K and be sure that in December there will be "ship now" offers for better money.
great to see asic's top brass arriving into bitcoins, but obvious they knows little about mining and mining business.
at least private pool with no fee is a must have addition to any mining equipment manufacturer. Much better approach would be to start leasing equipment instead of selling it. I'm in Pune Open-Silicon has manufacturing facility here, I would be interested in lease.
August 22, 2013, 06:29:04 AM
Cuz I am sure they never thought of any prices before coming out with the 16k price, I am sure a little sweet talk will bring them down to something more reasonable.
No, the only way my simple brain can see another asic preorder company could thrive would be with some guarantees, or by selling a percentage of the network hashrate, rather than a specific amount of hashpower.
It would also be interesting if one of these companies would just go for it, add 100k to their budget, and hire a real, living PR person. Nerds may build asics alright, but they are terrible at PR.
Then they should come out with like a 20 page PDF with charts and graphs that would help us see that our biggest problem after buying these devices would be finding a store that sells top hats and monocles for bitcoins.
That would he dandy.
No, the only way my simple brain can see another asic preorder company could thrive would be with some guarantees, or by selling a percentage of the network hashrate, rather than a specific amount of hashpower.
It would also be interesting if one of these companies would just go for it, add 100k to their budget, and hire a real, living PR person. Nerds may build asics alright, but they are terrible at PR.
Then they should come out with like a 20 page PDF with charts and graphs that would help us see that our biggest problem after buying these devices would be finding a store that sells top hats and monocles for bitcoins.
That would he dandy.
August 22, 2013, 04:18:35 AM
I'm trying to organize a time to meet the CoinTerra team, hopefully I will hear back from them soon.
Supposedly they added a 5th person to their team. Although.. they didn't tell me who the 5th person is, or what their job is. Now that I think about it, I'm not really sure why they mentioned this... I guess it was just them getting caught up in the excitement of running a start up. I can understand, this would be a very exciting project to undertake.
But anyways, they agreed to meet with me. Hopefully I will hear back from them soon as to a place and time. I will report back here with any news I find out from my trip (good or bad).
Cheers,
Ch
Supposedly they added a 5th person to their team. Although.. they didn't tell me who the 5th person is, or what their job is. Now that I think about it, I'm not really sure why they mentioned this... I guess it was just them getting caught up in the excitement of running a start up. I can understand, this would be a very exciting project to undertake.
But anyways, they agreed to meet with me. Hopefully I will hear back from them soon as to a place and time. I will report back here with any news I find out from my trip (good or bad).
Cheers,
Ch
Sounds good Coinhoarder! Do you have the gift to gab!? You must convince them to lower their prices and come out swinging! lol
Tell them to accept credit cards and Paypal that's the way to go
August 21, 2013, 11:35:20 PM
But anyways, they agreed to meet with me. Hopefully I will hear back from them soon as to a place and time. I will report back here with any news I find out from my trip (good or bad).
Awesome, I can't wait to read news from you and +1 for lower price request!
Thread already in watchlist.
August 21, 2013, 10:56:27 PM
I'm trying to organize a time to meet the CoinTerra team, hopefully I will hear back from them soon.
Supposedly they added a 5th person to their team. Although.. they didn't tell me who the 5th person is, or what their job is. Now that I think about it, I'm not really sure why they mentioned this... I guess it was just them getting caught up in the excitement of running a start up. I can understand, this would be a very exciting project to undertake.
But anyways, they agreed to meet with me. Hopefully I will hear back from them soon as to a place and time. I will report back here with any news I find out from my trip (good or bad).
Cheers,
Ch
Supposedly they added a 5th person to their team. Although.. they didn't tell me who the 5th person is, or what their job is. Now that I think about it, I'm not really sure why they mentioned this... I guess it was just them getting caught up in the excitement of running a start up. I can understand, this would be a very exciting project to undertake.
But anyways, they agreed to meet with me. Hopefully I will hear back from them soon as to a place and time. I will report back here with any news I find out from my trip (good or bad).
Cheers,
Ch
Sounds good Coinhoarder! Do you have the gift to gab!? You must convince them to lower their prices and come out swinging! lol
I will try.
I like to think I am good with words. I got out of a speeding ticket the other day with my sweet talk.
August 21, 2013, 10:47:42 PM
I'm trying to organize a time to meet the CoinTerra team, hopefully I will hear back from them soon.
Supposedly they added a 5th person to their team. Although.. they didn't tell me who the 5th person is, or what their job is. Now that I think about it, I'm not really sure why they mentioned this... I guess it was just them getting caught up in the excitement of running a start up. I can understand, this would be a very exciting project to undertake.
But anyways, they agreed to meet with me. Hopefully I will hear back from them soon as to a place and time. I will report back here with any news I find out from my trip (good or bad).
Cheers,
Ch
Supposedly they added a 5th person to their team. Although.. they didn't tell me who the 5th person is, or what their job is. Now that I think about it, I'm not really sure why they mentioned this... I guess it was just them getting caught up in the excitement of running a start up. I can understand, this would be a very exciting project to undertake.
But anyways, they agreed to meet with me. Hopefully I will hear back from them soon as to a place and time. I will report back here with any news I find out from my trip (good or bad).
Cheers,
Ch
Sounds good Coinhoarder! Do you have the gift to gab!? You must convince them to lower their prices and come out swinging! lol
August 21, 2013, 10:27:36 PM
Excellent point, but do me one favor, someone who's happy to do math right now, what difficulty is justified by a $110 price? If 1 trillion diff corresponds to $42k price for BTC, what BTC price of $110 corresponds to which diff?
That should give us the end-point of difficulty leveling off and should also tell us roughly when to expect that to finish levelling.
That should give us the end-point of difficulty leveling off and should also tell us roughly when to expect that to finish levelling.
Even if someone were to do the math, it wouldn't be accurate as everyone is Pre-Ordering and will end up holding the bag well after it has stopped being profitable. If you could only buy immediately available hardware, then an accurate assessment could be made.
August 21, 2013, 10:26:28 PM
I'm trying to organize a time to meet the CoinTerra team, hopefully I will hear back from them soon.
Supposedly they added a 5th person to their team. Although.. they didn't tell me who the 5th person is, or what their job is. Now that I think about it, I'm not really sure why they mentioned this... I guess it was just them getting caught up in the excitement of running a start up. I can understand, this would be a very exciting project to undertake.
But anyways, they agreed to meet with me. Hopefully I will hear back from them soon as to a place and time. I will report back here with any news I find out from my trip (good or bad).
Cheers,
Ch
Supposedly they added a 5th person to their team. Although.. they didn't tell me who the 5th person is, or what their job is. Now that I think about it, I'm not really sure why they mentioned this... I guess it was just them getting caught up in the excitement of running a start up. I can understand, this would be a very exciting project to undertake.
But anyways, they agreed to meet with me. Hopefully I will hear back from them soon as to a place and time. I will report back here with any news I find out from my trip (good or bad).
Cheers,
Ch
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