Topic: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s - page 27. (Read 231002 times)

Both parts of my "because..." sentence are important to me (I highlighted the second part for emphasis).  

In any case, this is off topic from this thread and we can continue the debate via PM or in the p2pool/btcguild threads.

they are happy with you too... you give them 1.5-3% of your income. for what?

use p2pool and don´t support centralized mining! in p2pool nobody can steal your money, you have better payouts and you are supporting decentralized idea of bitcoin. we, miners are responsible for that, that bitcoin is staying alive and none gets power over bitcoin network. to avoid 51% attack.

no, there is nothing broken. in p2pool mining works just a bit different. for what you need your stats? for feeling yourself better? only thing what really counts in the end is payout.
i was/am mining in different pools and if you are looking stats of your has rate variance in single shifts then you have in different shifts +/-25% too. you just don't recognize it because there are too many shifts to check. this way mining pools are even able to manipulate your stats if they want. p2pool ist the most honest pool in all bit coin network, because all shares are controlled/shared from/with other peers. there is no possibility that somebody can manipulate your income. even x% fee is not really a fee of x%, instead of that it means that your node has a chance of x% to get this share instead of you.
most of nodes are without any fee, so you do not have to pay any senseless fees to some central. if there are some fees in node then they are minimal to be able to cover costs of node.
try it out and you will experience the magic of p2pool yourself.

if you have any further questions, feel free to PM me.

Ditto. Almost identical numbers. 1620 dashboard, 1580 pool-side (Eligius 12-hour rate) which has been steady for a week.

Sounds like P2P is broken to me if stats are so different than other pools.

I'm happy with them.  I prefer them primarily because they are stable while also being large enough that they don't have massive variance.

how are you doing at btcguild? i have never used that pool.

so how do I go about getting a 25% refund for the hash power which I did not receive?  Will they put up a fight?

My unit's built-in dashboard reports 1600 GH/s.  My pool (btcguild) reports about 1580 GH/s.  My custom share-logging mining dashboard calculates the hashrate at 1570 GH/s (which is a three hour average based on submitted shares).

So they are all fairly consistent for me.

Yea, yea, but won't it increase my hashrate if I keep posting more about it?  

Just disappointing to see :/  Not convinced its correct yet...

Is that an average on one machine for a period of days or do you mean "every now and then it spikes up?"

Thus far, I have only seen GMaxwell say that he can achieve the same hashrate as the interface claims.   Everyone else who has posted seems to be in the 1.3-1.45 TH/s range for each unit.   I believe Con addressed this already too.

I've got 3 rigs that all report 1.5-1.7 locally but only get 3.9 on any pool.  Anyone else experience this?

Don't worry about this missing TH. usually you see in p2pool little lower hash rate. in the end they make same hash rate as they made before. my jupiters are showing instead of 550GH 510GH and jupiter II batch scows only 600GH. in the end they are making more BTC as my miner in conservative mining pools. i have tested my own node already weeks and found finally a way to optimize it so that payouts are per 550GH miner such high as it would be 650GH. hash rate is shown stlii lower as the miners are.

220 will reduce the current by 1/2 so you'll be fine.

If you are going to power the machine for any amount of time on 110 I'd invest in some 14g cords.

So I finally got p2pool up and running but I'm having trouble getting consistent hashrate...it was initially getting up to 2.9Thash for two units (about 1.45Thash each) so similar to Eligius but then it tanked to 2.3xThash for both and after a lot of messing around rebooting the units I managed to get it up to 2.6-2.7Thash for two units.  One unit is now doing 1.3Thash only apparently, grr.

about this new hardware (http://www.sacbee.com/2014/02/17/6165087/cointerra-announces-the-gsx-i.html) CT is playing just very easy game.

lets count!

every december, january and february batch customer becomes 15% coupon on current order, so its 900$ per unit. that means. that means that every orders mining card would cost 699$. so 1,75$ per GH. so to see its not really bad deal, but in general i see there just one product with will be released only for that that current customers should shut their mouths up and give them some more bucks for this mining power what they didn´t/don´t get (every unit in this batches has ca 300GH less). and this hashing power gets delivered just some months later...
 
in my case it looks in first moment even better:

i have ordered 4 units, so my 15% coupon will have a value of 3600$. so i could get in June 1,2TH for "only" 600$ extra excl. shipping!!! ONLY 600$ for 1.2 TH!!! its 50¢ per gh for mining power what i should have already in january (still not shipped). sounds as "really good deal"

 

 

it costs millions to do a new chip so its definitely going to be the same chip that they've already got (that's already shipping)...

presumably, since they expect the terraminers iv's to be 'improved' and delivering the previously anticipated 2TH within some weeks (via a board redesign).. this means that the chips can likely already do 500 GH.  also, some people's terraminers have achieved 1.8 TH, which means the chips are already going 450 GH in the wild...  thus its possible that the 400 GH advertised spec for a gsx-i is perhaps (and hopefully) conservative.  they probably don't want to make the same mistake twice of over promising and under delivering... and we can't really blame them for being cautious can we?

The GSX I is an obvious loser. Only a fool would pay $4/GH for hardware that will be delivered in June.

I guess Cointerra is following the BFL business model and trying to sell overpriced hardware to noobs.

Bizarre business decision. Hopefully they'll get a wake-up call by getting zero orders, though I doubt that will happen. My only though is they're trying to sell the lowest binned chips (as someone mentioned), or they're responding to a lot of whining about $6000 being too much to spend at one time; I suspect the latter. This was probably planned before the MtGox and transaction malleability debacle, so the price of bitcoin is probably out of whack with what they expected at launch.

Another thought is they're going to max out the standard 2x8-pin PCI-E power connector limit of 450W.

There's this weird fusion of bitcoiners and gamers, both in the buyers of hash power and the in the sellers. Graphics cards have always been fickle to price when you mix in software support, new games, the "feel" of 60+ fps, etc.. There's no longer a sentimentality that can be mixed into to the purchase of this computer hardware. It's money in and money out. Both BFL and Cointerra seem to have played copycat by marketing these things like graphics cards ("amazing performance, cutting edge GH/W, can fit into an ATX case etc.) Even general purpose processors have a certain je-ne-sais-quoi in their price since there are always niche features one can add to improve the demand in some niche market. I'm not sure there's a historical precedent for ICs being so strongly priced by a single asset, the price of which itself is totally unpegged. (Did I just contradict myself?)

It's possible the will end up hitting 2TH with A grade chips.  It would make sense to develoe a product that makes use of the semi-defective chips.