CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s - page 117.

Ytterbium

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Quote from: WastedLTC on August 10, 2013, 03:44:45 PM

Round 1
Avalon, BFL, ASICMiner

Round 2
BitFury and KNC

Round 3
HashFast, XCrowd, Cointerra, Avalon v2

The pricing in round 3 is going to be cut throat. XCrowd priced at $16k for 2.4 THs units. So far that is the best price; right?

I don't really get why people take XCrowd seriously. It seems scam-y as hell.

Anenome5

sr. member

Activity: 252

Merit: 250

Quote from: WastedLTC on August 10, 2013, 03:44:45 PM

Round 1
Avalon, BFL, ASICMiner

Round 2
BitFury and KNC

Round 3
HashFast, XCrowd, Cointerra, Avalon v2

The pricing in round 3 is going to be cut throat. XCrowd priced at $16k for 2.4 THs units. So far that is the best price; right?

Round 3 is likely to crash and burn, methinks--if KNC ships there's going to be blood in the water everywhere else. Customers will melt away even at the cutthroat prices offered, and companies will be skinned to the bone on profit and not want to bother continuing for but little remuneration.

If you have a miner that's paid its hardware costs by November, you're in a pretty good position and it becomes a drawn-out efficiency game until the price of bitcoin either goes up considerably again or some new and more efficient tech comes down the pike.

WastedLTC

hero member

Activity: 778

Merit: 563

Round 1
Avalon, BFL, ASICMiner

Round 2
BitFury and KNC

Round 3
HashFast, XCrowd, Cointerra, Avalon v2

The pricing in round 3 is going to be cut throat. XCrowd priced at $16k for 2.4 THs units. So far that is the best price; right?

DiamondCardz

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Activity: 1134

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Quote from: deadgiveaway on August 10, 2013, 03:15:28 PM

Quote from: eve on August 10, 2013, 09:25:52 AM

Quote from: DiamondCardz on August 10, 2013, 09:04:05 AM

More pre-orders. Sigh, I hope we don't get another BFL or BitSynCon.

We need more specs than this. Price per GH/s is a start.

Where are the technical specs, their design team, Fab, their address and contact numbers?

Where everything else is in Bitcoin land.. In a deep dark place no one has access to.

This. So much this.

deadgiveaway

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Quote from: eve on August 10, 2013, 09:25:52 AM

Quote from: DiamondCardz on August 10, 2013, 09:04:05 AM

More pre-orders. Sigh, I hope we don't get another BFL or BitSynCon.

We need more specs than this. Price per GH/s is a start.

Where are the technical specs, their design team, Fab, their address and contact numbers?

Where everything else is in Bitcoin land.. In a deep dark place no one has access to.

eve

full member

Activity: 210

Merit: 100

Quote from: DiamondCardz on August 10, 2013, 09:04:05 AM

More pre-orders. Sigh, I hope we don't get another BFL or BitSynCon.

We need more specs than this. Price per GH/s is a start.

Where are the technical specs, their design team, Fab, their address and contact numbers?

DiamondCardz

legendary

Activity: 1134

Merit: 1118

More pre-orders. Sigh, I hope we don't get another BFL or BitSynCon.

We need more specs than this. Price per GH/s is a start.

eve

full member

Activity: 210

Merit: 100

Quote from: dropt on August 10, 2013, 05:18:31 AM

Quote from: gkm22d on August 10, 2013, 05:08:39 AM

Well, I agree on the prices. I don't see any need for credit cards and PayPal.

Possibly their acceptance reduces the likelihood of being scammed.

Consumers and customers need protection from being scammed

dropt

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Activity: 1512

Merit: 1000

Quote from: gkm22d on August 10, 2013, 05:08:39 AM

Well, I agree on the prices. I don't see any need for credit cards and PayPal.

Possibly their acceptance reduces the likelihood of being scammed.

Bitcoinorama

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Activity: 532

Merit: 500

Quote from: gkm22d on August 10, 2013, 05:08:39 AM

Quote from: eve on August 09, 2013, 09:27:49 PM

They NEED to be much Lower than that !! $3.5K for a 500GH/s is Way TOO EXPENSIVE and they need to have Guarantee Delivery Time and make used of Paypal and credit cards.

Don't Buy if they cannot fulfilled the requirements above!!

I agree entirely. $8k October, $4k November, $2k December and $1k for January delivery.

Well, I agree on the prices. I don't see any need for credit cards and PayPal.

As recent business practices have highlighted, i.e. BFL and Avalon, there is every need for credit cards and Paypal on pre-orders and promises from unknown strangers without experience in the Bitcoin ASIC mining market. Too much room to purposefully delay, or make mistakes and delay beyond a reasonable timeframe.

gkm22d

newbie

Activity: 28

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Quote from: eve on August 09, 2013, 09:27:49 PM

They NEED to be much Lower than that !! $3.5K for a 500GH/s is Way TOO EXPENSIVE and they need to have Guarantee Delivery Time and make used of Paypal and credit cards.

Don't Buy if they cannot fulfilled the requirements above!!

I agree entirely. $8k October, $4k November, $2k December and $1k for January delivery.

Well, I agree on the prices. I don't see any need for credit cards and PayPal.

eve

full member

Activity: 210

Merit: 100

Quote from: DyslexicZombei on August 09, 2013, 02:38:07 PM

Quote from: Ytterbium on August 09, 2013, 02:07:06 PM

Quote from: DyslexicZombei on August 09, 2013, 01:57:17 PM

Curious to see their pricing so I can make my final decision on my last rig order of 2013.

Since they said they'll beat everyone's pricing I'm guessing they'll offer a 500GH/s unit at $4.5-5K. If it's somehow lower than this I'll be pleasantly surprised.

They'll need to do much better then that. You have an $7k, 400Mh/s unit in September, and then a $5.6k 400Mh/s unit in Late October. The difficulty is going to double between those time periods, and likely most of the mining profitability will be gone - the delay will cost more then the 'discount'.

Great points. I revise my estimate down to: 500GH/s at $3.5-4K, assuming shipping begins in late Nov. - early Dec.

They NEED to be much Lower than that !! $3.5K for a 500GH/s is Way TOO EXPENSIVE and they need to have Guarantee Delivery Time and make used of Paypal and credit cards.

Don't Buy if they cannot fulfilled the requirements above!!

gkm22d

newbie

Activity: 28

Merit: 0

Quote from: Ytterbium on August 09, 2013, 08:34:00 PM

Hopefully they're taking lessons from what's happening with HashFast.

What exactly are you referring to?

Ytterbium

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Activity: 238

Merit: 100

Quote from: Anenome5 on August 09, 2013, 08:14:35 PM

Actually, I think price would be more important.

Something is only a competitive advantage if your competition can't match it. KNC already announced a $5k price in November--the likely earliest ship date for Cointerra. What Cointerra might have on KNC is efficiency, maybe, we don't know exactly yet or by how much. KNC meanwhile has an earlier ship date, and that matters way more unless Cointerra wants to drop their miner's price precipitously in Nov, sub $5k, which I doubt they want to do.
[/quote]

Right, and unlike Cointerra, KnC has already paid for all their NRE. That means that, unlike Cointerra and KnC at this point - they can dump the chips for any price above their fabrication/production/shipping cost and still make a profit.

In fact, they can actually operate at a slight loss until their competition gives up.

Only way Cointerra can beat them is if their chips are far cheaper to produce then KnC's.

Hopefully they're taking lessons from what's happening with HashFast.

Anenome5

sr. member

Activity: 252

Merit: 250

Quote from: Xian01 on August 09, 2013, 02:10:16 PM

I really hate to be a turd in the punch-bowl like this, but I'm crying high and holy bullshit on anyone delivering 28nm and below before 2014.

Bitbet - "KnCMiner will deliver ASIC devices before October 1st"

Anenome5

sr. member

Activity: 252

Merit: 250

Quote from: gkm22d on August 09, 2013, 06:09:04 PM

Quote from: Anenome5 on August 09, 2013, 04:10:03 PM

Be serious, man, there's a million ways things could go wrong for Cointerra too, and ship date is ultimately more important than efficiency at this point.

Actually, I think price would be more important.

Something is only a competitive advantage if your competition can't match it. KNC already announced a $5k price in November--the likely earliest ship date for Cointerra. What Cointerra might have on KNC is efficiency, maybe, we don't know exactly yet or by how much. KNC meanwhile has an earlier ship date, and that matters way more unless Cointerra wants to drop their miner's price precipitously in Nov, sub $5k, which I doubt they want to do.

Flying Hellfish

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Verified Bernie Bro - Feel The Bern!

Quote from: deadgiveaway on August 09, 2013, 03:47:15 PM

No wonder the 1% exists in society.

The wealthy elite ripped of that title from outlaw MC's. Free advice if you ever meet a man with a 1% tattoo RUN don't walk away as quick as you can.

gkm22d

newbie

Activity: 28

Merit: 0

Quote from: Anenome5 on August 09, 2013, 04:10:03 PM

Be serious, man, there's a million ways things could go wrong for Cointerra too, and ship date is ultimately more important than efficiency at this point.

Actually, I think price would be more important.

Anenome5

sr. member

Activity: 252

Merit: 250

Quote from: gkm22d on August 09, 2013, 01:17:09 PM

I look forward to a cointerra pre order.

Everyone is trying to race to be first, or else it's too late, you will never get roi. You have everything to lose in a few weeks.

Cointerra isn't bothering with this stage of the race, and seems to be starting the next one.

They know full well, as everyone does, that the network hash rate could well be 5 petahash by the time they release their product, and they still feel like they will be competitive. I like that.

I think the steepest part of the difficulty chart would be September to November. A product that comes out when the chart flattens out a little will have an advantage.

But what do I know, I am a 3 post newb.

Be serious, man, there's a million ways things could go wrong for Cointerra too, and ship date is ultimately more important than efficiency at this point.

crumbs

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Activity: 210

Merit: 100

Quote from: deadgiveaway on August 09, 2013, 03:47:15 PM

...The Bitcoin community is financing it's own demise with 99% of the investments it makes...

True in too many ways Sad

Topic: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s - page 117. (Read 231002 times)