First of all who are you? Why should we trust you? Who designed the chip? Who is the fab that is making your chip?
There's another thread... 
Topic: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s - page 123. (Read 231016 times)
August 06, 2013, 01:37:57 PM
August 06, 2013, 01:37:31 PM
Any idea of price per GH/s?
I am trying to decide to wait for you, or order through KnC.
If you are ok with discarding your KNC product in a couple of months after purchase, then go for it.I am trying to decide to wait for you, or order through KnC.
Show me the SIMPLE math that makes your product make me throw away even my steam powered avalons or STFU.
August 06, 2013, 01:37:05 PM
Sure if they are willing to risk millions of their own money, or private equity, which would be mad.
This is where you and I disagree. While this is probably not the venue for this debate, I'll just say (again) that a fully-funded chip development would provide three avenues of cost recovery and opportunity for either vertically integrating, or pursuing least-crowded-space business planning.With chip/board in hand, the vendor could either (1) sell retail, thereby eating everyone else's lunch even at a competitive price; (2) offer on-going shared participation in a hashing operation, passing through the BTC to the participants, or (3) mine privately, keeping the fungibility risk and attendant costs of network presence.
Again, I don't think this is the venue for a back and forth on this; we don't want to hijack this thread too badly.
We know each other's positions on pre-order, and will likely have plenty of opportunity to debate as the summer turns to fall.
I do agree to an extent, but all things considered you'd need IC clued up PE, even then this market is still currently very niche and finite compared to other avenues they can commit funds to. You can always PM me bud, I don't bite
August 06, 2013, 01:36:43 PM
a hash rate greater than 0.5TH at a power consumption of significantly less than 1 watt/GH.
That sounds like 600TH/s with 300W power consumption.
Very hard to believe.
August 06, 2013, 01:33:29 PM
a hash rate greater than 0.5TH at a power consumption of significantly less than 1 watt/GH.
That sounds like 600TH/s with 300W power consumption.
Very hard to believe.
You have your G and T mixed up.
August 06, 2013, 01:32:14 PM
CoinTerra is proud to announce the specs of our first ASIC chip – GoldStrike1 (aka GS1)
GS1 is a 28nm chip and will be one of the highest performance ASICs in the Bitcoin mining world with a hash rate greater than 0.5TH at a power consumption of significantly less than 1 watt/GH. More details later this month before we take preorders.
The GS1 chips are expected to arrive late Q4 2013.
Our website will be ready to take preorders later this month with a range of products involving one or multiple units of the GS1.
GS1 is a 28nm chip and will be one of the highest performance ASICs in the Bitcoin mining world with a hash rate greater than 0.5TH at a power consumption of significantly less than 1 watt/GH. More details later this month before we take preorders.
The GS1 chips are expected to arrive late Q4 2013.
Our website will be ready to take preorders later this month with a range of products involving one or multiple units of the GS1.
Have you read any thread of your competitors? First of all who are you? Why should we trust you? Who designed the chip? Who is the fab that is making your chip?
August 06, 2013, 01:31:44 PM
Sure if they are willing to risk millions of their own money, or private equity, which would be mad.
This is where you and I disagree. While this is probably not the venue for this debate, I'll just say (again) that a fully-funded chip development would provide three avenues of cost recovery and opportunity for either vertically integrating, or pursuing least-crowded-space business planning.With chip/board in hand, the vendor could either (1) sell retail, thereby eating everyone else's lunch even at a competitive price; (2) offer on-going shared participation in a hashing operation, passing through the BTC to the participants, or (3) mine privately, keeping the fungibility risk and attendant costs of network presence.
Again, I don't think this is the venue for a back and forth on this; we don't want to hijack this thread too badly.
We know each other's positions on pre-order, and will likely have plenty of opportunity to debate as the summer turns to fall.
August 06, 2013, 01:29:49 PM
a hash rate greater than 0.5TH at a power consumption of significantly less than 1 watt/GH.
That sounds like 600TH/s with 300W power consumption.
Very hard to believe.
August 06, 2013, 01:28:20 PM
will it be possible for once to get one miner manufacturer who won t take preorders
Sure if they are willing to risk millions of their own money, or private equity, which would be mad.If ya gotta gamble, do it with other people's money. Sanity++
August 06, 2013, 01:19:56 PM
will it be possible for once to get one miner manufacturer who won t take preorders
Sure if they are willing to risk millions of their own money, or private equity, which would be mad.
August 06, 2013, 01:18:12 PM
will it be possible for once to get one miner manufacturer who won t take preorders
August 06, 2013, 01:07:46 PM
Any idea of price per GH/s?
I am trying to decide to wait for you, or order through KnC.
I am trying to decide to wait for you, or order through KnC.
If you are ok with discarding your KNC product in a couple of months after purchase, then go for it.
Lol, a new face probably shouldn't be subtly bashing their competitors.
Regardless, I'd stay well away from the pre-order game.
Especially when you need to factor in whether the profit made in that couple of months is feasibly offset over the longer term with another chip, let alone future chips that will surface in the lifetime of that proposed future chip. Fact is that two month lead time may well not be beaten by efficiency over the long term in which case KnC still win...
Whatever all I care about is cost to me, and my electricity cost to me.
August 06, 2013, 01:02:09 PM
Some of the other 28nm folks are yet to reveal their full specs, we will wait too until we are ready to take preorders.
This reminds me of the scene at the end of The Good, The Bad, and the Ugly with the three guys (KnC as Clint Eastwood, HashFast as Eli Wallach, and Cointerra as Lee Van Cleef) in the graveyard for the gun fight. *Just announce the specs of the feckin' chip. And this means you, too, Other Guys. You either know the specs now, or you don't. If everybody offers refunds (and anyone who doesn't is Toast) there's no real advantage here. All that happens is it gives people more time to make fun of you.
* No value judgments in making these firm-to-character associations. I thought they were all wonderful characters, although I wouldn't want my daughter dating any one of them.
August 06, 2013, 12:57:51 PM
Any idea of price per GH/s?
I am trying to decide to wait for you, or order through KnC.
I am trying to decide to wait for you, or order through KnC.
If you are ok with discarding your KNC product in a couple of months after purchase, then go for it.
Lol, a new face probably shouldn't be subtly bashing their competitors.
Regardless, I'd stay well away from the pre-order game.
August 06, 2013, 12:53:58 PM
Pre-orders were inevitable they have to raise several million to meet NRE costs, although their previous statement of 'well-funded' was a bit of a red herring.
Are you guys considering hosting as well, is so any pricing details there?
Are you guys considering hosting as well, is so any pricing details there?
August 06, 2013, 12:53:30 PM
yes, some more pre orders 
August 06, 2013, 12:50:21 PM
Preorders? That's so last year.
August 06, 2013, 12:49:46 PM
shut up and take my money!
August 06, 2013, 12:48:25 PM
CoinTerra is proud to announce the specs of our first ASIC chip – GoldStrike1 (aka GS1)
GS1 is a 28nm chip and will be one of the highest performance ASICs in the Bitcoin mining world with a hash rate greater than 0.5TH at a power consumption of significantly less than 1 watt/GH.
The GS1 chips are expected to arrive late Q4 2013.
Our website will be ready to take preorders later this month with a range of products involving one or multiple units of the GS1.
GS1 is a 28nm chip and will be one of the highest performance ASICs in the Bitcoin mining world with a hash rate greater than 0.5TH at a power consumption of significantly less than 1 watt/GH.
The GS1 chips are expected to arrive late Q4 2013.
Our website will be ready to take preorders later this month with a range of products involving one or multiple units of the GS1.
This is all the info that you can provide?
Some of the other 28nm folks are yet to reveal their full specs, we will wait too until we are ready to take preorders.
August 06, 2013, 12:44:33 PM
I had to respond to this guy...
Read what they said:
Yeah that is not specs. That is a ballpark estimate.
Read what they said:
Yeah that is not specs. That is a ballpark estimate.
It would be like AMD saying.
Quote
Our 9970 GPU will have a largish amount of transistors and moreish than 5,000 TFLOPS in OpenCL performance and TDP will be 100W to 1,000W or so. Oh and it will be one of* the most powerful GPUs in the world.
Your new GT-R comes with a 6 cylinder turbo V6 and a dual clutch transmission, around 20mpg and top speed of 200mph.
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