Topic: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s - page 38. (Read 231002 times)

What are the hashrate and temperature?
Did you paid with BTC?

Yes, early December batch.



for proof.  Got a few more expected over the next few days.

Will

december batch?

FWIW two cointerra rigs arrived today at my hosting facility and are now hashing away.  No tracking number, they just arrived.

Will

did anyone else get tracking besides dprophet?

Honestly I disregard some post just because usually it's the same thing over and over LOL!  Now that I look back sure enough you are right. 

Hell I'd be doomed just living without miners at that rate.  At .12 I am thankful we can do that year around averaging which I'll take the $350 a month over 600-700 in the summer months.  Mine spend their lives in our datacenter and at my shop lol. 

I thought you said you got the machine shipped to you, did you pay the 8% or did you get it shipped?

Hey, which colo do you use?  I'm in the NYC area as well and have been trying to figure out what the most affordable colo is since my power system really can't handle this new power requirement, so far I've been thinking about Utah and Texas since power costs are relatively low there, but if PA is an option I'd love to know.

That said, I really do wonder where the hell in the order queue I am then, I was under the impression that the vast majority of December orders got converted to January orders and I believe I'm one of the first orders after they switched to the $14K price tier (from the original 16K price).  I'm really curious just how many people would still be in line ahead of me at this point, but this is really disappointing how insanely slowly they're shipping-are the units that problematic?

Anyways, did CT send you a tracking number in advance?  Or do these units just show up randomly?

Austin?  No, New York City area.  I thought it was quite obvious from others postings as they recognized me from TV.  I am a Developer in the Financial Industry.  You are more than welcome to see it if you are in the NYC area.  Better hurry as I will be moving the machine to its more permanent home at my mining colo in PA where electricity costs $0.077 versus $0.24


Didnt know I was hiding.  I made public postings on Satoshi Square and BTC New York.  I am publicly active in cryptocurrencies so not a surprise someone recognized me.


Got a good laugh out of that one.  Didnt know that 1 TV showing = celeb status.  People know me, yes I dont hide who I am, but a celeb?  Hum.....

I am not the first customer.  Jake Gostylo was their first customer that picked up his stuff in-person.  Seems to me he fits the bill of the "average customer".  Truth be told, when I release new software products I hand pick my first customers based on their level of knowledge and support overhead.  Seems Jake and myself are both developers and fit this description.  I have had several "technically challenged" first adopter/customer over my years and it is not a pleasant experience.

On a side note, any good recommendations for a "my cgminer crashed" monitor.  Something that will watch many systems via the cgminer rpc port?  Like a Nagios bitcoin miner plugin or something similar.  MultiMiner + MobileMiner work the best IMO.

Works now.
This whole situation is like watching Kim Jong Un allowing Dennis Rodman to eat the first porkchop while everybody sits and waits for nothing.

Thanks guys!  Great work you're doing here!  Lets see an average customer actually receive a unit now, not some bitcoin celeb.

Oh right!  The average customer is the one getting screwed up the ass!  

I just checked and it is still there

Oh look, the video was all of a sudden removed. 

you've got my attention there, so does this mean a LGA socket ? in other word a chip that you can put in/out like processor ? motherboard can be replaced ? this is really huge and important if it is true.

but how didn't I see that on their design (if it is true)

nice find

No that is not.  That is how an engineer or a team of engineers CAN (not always) get their asses canned in the real world.  In this market it is different you are correct because honestly who else can anyone go to (yes I know buy 10 Ants, etc).  That quote only applies to certain sectors.  

Oil and Gas - You spend XXXX amount of time and $XXXX in resources (cash/time) and produce a product not close to what you claim.  Well you are from Texas too (same here) correct?  Canned

List ... List ... List ...

Computer - I've watched first hand teams try to pass off things at IBM for Storage, Intel and Power.  There were plenty fired even after the product was pushed out.  I know multiple people at DELL that same thing happened, hell sometimes it wasn't their fault it was management.

Either way dprohpet I take it your in Austin?  I'll be up there at Boost Logic in a week or so bringing my car up.  I'd love to see the setup in person (maybe you will have the others) or if you can get me a walk through of Cointerra (i know you guys/gals watch but maybe I'll get a PM/email).  

Cointerra did release a good product they are shipping very slow to all the customer base but that's part of small business.  The 2.0 TH/s number was harder to hit and you had customers threatening to sue, refund, etc. if they didn't release.  So instead of taking a few more months to try and push harder (which they knew would be bad for everyone) they released it and are going to try to get those numbers up with firmware, etc.  

I know I have talked plenty of crap last few days but never trashing the hardware but it truly is a very good setup.  Had I not gotten into mining way to late (Christmas day I registered) I would have ordered a few.  Hell I sent an email over New Years time while in Vegas trying to start off with 10 terraminers to start with the possibility of large amounts more.  Of course response was no and the lady responded with they don't need any investors (not sure how she came up with that part LOL).  After that it was just sit and watch pre-orders pop up for stupid amounts of money (until recently on a few).  So maybe the next version the V??? will be mine!  

As noble as you sound, none of this is relevant to the actual problem.




Precisely.

no.. that is how the product management world works.  The engineers knew for a long time the promises were all bullshit but customers were lied to the whole time

you act like it was some buried chest that they had no clue until the last minute when they turned it on

Correct.  The motherboard has some deficiencies but the chips do not.  Those are being worked on.  The chips will run as fast (and as hot) as you let them.  Help me convince Ravi it would be beneficial to sell updated motherboards when they come out.  Hint hint hint.

Also, mining 101, people assume price is stable and difficulty keeps increasing.  This is not true.

IMO (and others)
  - for BTC to have real world value beyond geeky speculation.  People need to spend it vs hoard it.  This is happening.  Merchants are accepting it right and left.
  - BTC needs a market cap of 1 trillion dollars to be even a reserve currency for a very small country.  Do the math.  1 trillion / 12 million BTC
  - We need "some kind of Government regulation" to legitimize BTC.  In progress.  They are moving faster than I would have given Governments credit for.
  - I recommend following the crumb trails of information in New York City financial sector to see whats really going on.  I recommend reading all of the court hearings last week.  All evidence is public so you can start putting the puzzle pieces together.
  - Google for: technical analysis breakout pattern.  BTC prices are exhibiting this pattern now.
  - Market Prices will go where they need to go to satisfy supply and demand.

So, do you think I would have purchased preorder machines if I thought prices would have stayed at the $100 BTC price when I preordered $14,000 machines?


Nothing is a coincidence since I preordered 9 of Cointerra machines.  I also preordered BFL and Alpha Technologies Scrypt machines.  Thats 2 very large preorder risks knowing the mess that BFL created.  However, truth be told, BFL made a mess but I made a lot of BTC on my BLF preorder machines.  I have been mining SHA and Scrypt for a long time.  I flew to Cointerra, on my personal budget, to make sure that Cointerra really was "at the delivery phase".  So Cointerra missed their target window by a little over 1 month.  Big deal, thats how the Engineering world works and the risks you need to take.  Time estimates are best guess cases but experience and talent can offset aggressive estimates.  Cointerra missed their window by 1-1.15 months but BFL missing their target by 1.25 years.  Hum....

BFL started in a garage with no experience. Cointerra has massive the experience and are close to their target window.  Even as important as the experience levels I saw at Cointerra: a lot of passion and a "by the book" approach.  He isnt who I thought he would be.  A startup company with a pushover CEO wont go far and Ravi is far from that.  He wouldnt let me take the 1st machine on the plane with me unless I paid Texas the 8% sales tax even though my shipping was New York.  Ravi is a hard-as$ and I mean that with respect.


Order # is irrelevant, payment date matters.  I actually have 5 orders, 9 machines, all placed and payed within a few days of announcement.  I also made the mistake of preordering of the BFL Monarch.  Oh well....  Cant win them all.  

Cointerra not shipping right off the press screwed you guys..  KNC making uber mine so while clownterra is busy covering their ass with UL testing you have lost all your profit potential

all this 'long term power efficiency' is bull caca

How is that that you order on Aug 30 and have order # 1-5? i have ordered on August 27 and my order # is over 400?