Pages:
Author

Topic: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s - page 41. (Read 231002 times)

hero member
Activity: 702
Merit: 500
re: Cointerra being quoted as shipping out december boxes & 'the hack'

I just called Cointerra just now.  hung up a few seconds ago.  This info is hot off the press!  They said it was ok to put something up cos they're very busy right now in fire fighting mode.


Thanks for the info, aerobatic.  For those from cointerra reading this thread, it's in your interests to communicate as much as possible here (either directly, or via authorised releases like this) as it will reduce the number of people calling and emailing you every day asking for updates, meaning you will be able to ship faster.

Will

i told them that too (that some bitcoiners are excellent sleuths!) but they said the authorities will tell them what they can say...
hero member
Activity: 767
Merit: 500
re: Cointerra being quoted as shipping out december boxes & 'the hack'

I just called Cointerra just now.  hung up a few seconds ago.  This info is hot off the press!  They said it was ok to put something up cos they're very busy right now in fire fighting mode.


Thanks for the info, aerobatic.  For those from cointerra reading this thread, it's in your interests to communicate as much as possible here (either directly, or via authorised releases like this) as it will reduce the number of people calling and emailing you every day asking for updates, meaning you will be able to ship faster.

Will
member
Activity: 92
Merit: 10
Have they even passed inspection yet?
hero member
Activity: 702
Merit: 500
re: Cointerra being quoted as shipping out december boxes & 'the hack'

I just called Cointerra just now.  hung up a few seconds ago.  This info is hot off the press!  They said it was ok to put something up cos they're very busy right now in fire fighting mode.

here's what i heard from the horses mouth...  just now.

1.  they're very busy dealing with the aftermath of a serious hack on their web site this weekend.   It was a serious fraud & the authorities are now involved.  whoever attacked them did so to steal cash from customers & cointerra.   You can see from the notice cointerra put up on their web site that some customers were contacted and asked to pay to a particular bitcoin address in order to speed up their delivery slot or asked to convert from wire xfer to bitcoin payment.   Cointerra has collected a lot of information about the hack and are in the process of dealing with it.  Some of the Cointerra folks have been up all night and are tired and weary.   I spoke to an extremely tired senior guy (who shall remain nameless) who is in the thick of it.

2.  Contrary to a mistaken article in The Register published today, they have NOT sent out all the december customer boxes yet.  the article misquoted cointerra in several ways.  its unfortunate as other articles have now come out, literally reprinting what theregister said.  cointerra has asked the register to print a retraction or fix the article.  not sure if and when they will do so.  I've already seen changes in the article so i think they're doing something about the errors.

Confirming, in case its not already obvious...

Since I am an early customer, and some of you are too.. we'd be very concerned to hear that they had shipped out our boxes, when they clearly haven't!!

As far as I'm aware, only one box was collected in person (by Jake, an early customer).. and apparently hundreds are in production as we speak as they ramp up two factories to produce these things.

im not sure when they will start customer shipments, but hopefully in the coming week.  I'm positive we would've been notified when they actually ship as they use UPS and similar couriers.

If anyone wants me to ask them any more questions to ask them directly, ask away and i will try and get some answers...    But know that their priority (today at least) is dealing with the hack and making sure customers data, and orders are safe.   Making sure they find out if anyone paid the hackers instead of cointerra for hardware purchases in the last few days etc.

more news, as i hear it.
sr. member
Activity: 486
Merit: 262
rm -rf stupidity
So people will be getting tracking today?!  Nice!

where did you hear that?

Quote
Note that this will not affect the current shipping schedule of our units to customers this week.

From a few posts above.
newbie
Activity: 33
Merit: 0
So people will be getting tracking today?!  Nice!

where did you hear that?
sr. member
Activity: 486
Merit: 262
rm -rf stupidity
So people will be getting tracking today?!  Nice!
legendary
Activity: 2478
Merit: 1020
Be A Digital Miner
You can get computer power cords with NEMA 6 plugs, which is the norm for 240v appliances. They're not common in residences in north america, but not that uncommon commercially.
You need to ask the electrician what kind of receptacle he is installing because there are different heads for 20AMP and 30AMP.    You can buy power bars (PDUs) that have different heads too.   I am not suggesting you buy this one but it will give you an idea, Now look at one with 20AMP and you will see the plug is different.
http://www.overstock.com/Electronics/Tripp-Lite-PDUMNV30HV-PDU-Monitored-208V-240V-30A-24-Outlet/4313583/product.html

The plug is called  NEMA L6-30P.   But that is for 30 AMP
staff
Activity: 4284
Merit: 8808
You can get computer power cords with NEMA 6 plugs, which is the norm for 240v appliances. They're not common in residences in north america, but not that uncommon commercially.
hero member
Activity: 702
Merit: 500
Stupid question, but if I have an electrician come out to install a 220 volt outlet/circuit, won't that outlet have a different shape/configuration?  I imagine I would need a different kind of cable to connect the power supply to the wall, but google is not providing useful search results (probably because I am searching for the wrong thing).

Any suggestions?

we have iec cables in europe the same as the ones in america.  they may well be the same cable with a different connector on it.  i don't know what connector they would use in the usa... but in europe, we mostly use 2 or 3 pin rounded connectors, and in the uk something different.

but i honestly don't know what you'd use in america when using 220-240 volt supplies.

europe..

http://www.power-cord.org/european-vde-power-cords/d04-1273.html

uk..

http://www.power-cord.org/uk-bsi-denmark-power-cords/y006a-st3-h-1507.html


Right.  In the U.S., 220V outlets are usually for things like clothes dryers and have special plugs.  Since they aren't intended for plugging electronics into, I wonder if no one makes cables for power supplies that work with them.  I would imagine that it's against code to install a 220V outlet that has the same plug design as a 110V outlet (which would be convenient for me, but probably not something I can talk a pro electrician into doing?).
i think it'd be a very bad idea to use the same outlet shape for 110volt and 220 volt.  it HAS to be different.  it'd be very wrong to make it the same.

hopefully, they've just made the 220volt be the same as most of europe.. and used those round pin cables.  makes the most sense.. that way, all electrical goods designed for europe would work, as is.

-- Jez


hero member
Activity: 737
Merit: 500
Stupid question, but if I have an electrician come out to install a 220 volt outlet/circuit, won't that outlet have a different shape/configuration?  I imagine I would need a different kind of cable to connect the power supply to the wall, but google is not providing useful search results (probably because I am searching for the wrong thing).

Any suggestions?

we have iec cables in europe the same as the ones in america.  they may well be the same cable with a different connector on it.  i don't know what connector they would use in the usa... but in europe, we mostly use 2 or 3 pin rounded connectors, and in the uk something different.

but i honestly don't know what you'd use in america when using 220-240 volt supplies.

europe..

http://www.power-cord.org/european-vde-power-cords/d04-1273.html

uk..

http://www.power-cord.org/uk-bsi-denmark-power-cords/y006a-st3-h-1507.html


Right.  In the U.S., 220V outlets are usually for things like clothes dryers and have special plugs.  Since they aren't intended for plugging electronics into, I wonder if no one makes cables for power supplies that work with them.  I would imagine that it's against code to install a 220V outlet that has the same plug design as a 110V outlet (which would be convenient for me, but probably not something I can talk a pro electrician into doing?).
hero member
Activity: 702
Merit: 500
Stupid question, but if I have an electrician come out to install a 220 volt outlet/circuit, won't that outlet have a different shape/configuration?  I imagine I would need a different kind of cable to connect the power supply to the wall, but google is not providing useful search results (probably because I am searching for the wrong thing).

Any suggestions?

we have iec cables in europe the same as the ones in america.  they may well be the same cable with a different connector on it.  i don't know what connector they would use in the usa... but in europe, we mostly use 2 or 3 pin rounded connectors, and in the uk something different.

but i honestly don't know what you'd use in america when using 220-240 volt supplies.

europe..

http://www.power-cord.org/european-vde-power-cords/d04-1273.html

uk..

http://www.power-cord.org/uk-bsi-denmark-power-cords/y006a-st3-h-1507.html
hero member
Activity: 737
Merit: 500
Stupid question, but if I have an electrician come out to install a 220 volt outlet/circuit, won't that outlet have a different shape/configuration?  I imagine I would need a different kind of cable to connect the power supply to the wall, but google is not providing useful search results (probably because I am searching for the wrong thing).

Any suggestions?
member
Activity: 92
Merit: 10

DATELINE 2/3/2014

We are currently investigating a malicious attack on our website and email servers this weekend that has resulted in a security breach. We took our website down as soon as the intrusion was detected on Sunday afternoon and brought the site back up on Sunday evening.

The website has been restored to a secure backup made shortly before the breach occurred and all orders placed before January 31st 2014 are intact. Customers are again able to place orders both via BitPay and wire transfer as normal.

We immediately contacted the appropriate authorities and an investigation is already underway.

A small number of customers who paid for their order with Bitcoin between January 31st and February 2nd may have been affected and we are in the process of reaching out to those customers directly.

We will continue to investigate the full scope of the security breach. Although we do not yet have specific information regarding customer logins on the CoinTerra.com website being compromised, we can confirm that all passwords are encrypted (salted and hashed). However, as a precautionary measure we recommend that customers immediately change their account passwords.

Note that this will not affect the current shipping schedule of our units to customers this week.

Please contact [email protected] if you placed an order between January 31st and February 2nd or have received any suspicious emails regarding your order, such as:

Asking you to switch your order made with wire transfer to Bitcoin
Offering to move up your order to an earlier batch in exchange for quick payment via Bitcoin
Offering free shipping in exchange for quick payment via Bitcoin
Offering to sell “cancelled orders” from an earlier batch in exchange for quick payment via Bitcoin
Offering a percentage discount for quick payment via Bitcoin
We would like to make it very clear that CoinTerra has a strict policy of never offering new customers the option to buy into an earlier batch ahead of existing customers, or of offering discounts or free shipping in return for quick payment.

For all other customer support issues please contact [email protected] as usual. Please understand that the allocation of resources to the security investigation may result in a delay in response times for customer support tickets. We will make every effort to resume our normal level of service and update the website with further information as soon as possible.

We thank you for your patience and understanding at this time.

Team CoinTerra
legendary
Activity: 1176
Merit: 1001
Quote
All customers who ordered for the December deadline, now known as “batch 1”, have now got their kit, with the original January (batch 2) customers receiving their gear over the next couple of weeks. Customers who ordered boxes for February and beyond should get the miners on time.

This is completely false. I still have a December order, and have absolutely not received it (really, the datacenter hasn't received it - it isn't going to my house), nor have a received a tracking number or anything like that.

So CT is starting to throw BS out to the media, as HF has been doing for months. I say to the media because it's an interesting way of creating confusion and/or not releasing any official statement.

Yes, that's certainly the right way to become the Intel of Bitcoin.

[loss of faith in this company completed]
sr. member
Activity: 404
Merit: 250
Did anyone saw this article http://www.theregister.co.uk/2014/02/03/cointerra_ships_bitcoin_miners/

they suggest that December Batch1 customer now all got their rigs !!!?

Quote
All customers who ordered for the December deadline, now known as “batch 1”, have now got their kit, with the original January (batch 2) customers receiving their gear over the next couple of weeks. Customers who ordered boxes for February and beyond should get the miners on time.

This is completely false. I still have a December order, and have absolutely not received it (really, the datacenter hasn't received it - it isn't going to my house), nor have a received a tracking number or anything like that.

and a free Miner for 1st Batch customers in Batch 4 ??!!!

Quote
Those customers who received batch one kit will get a second, batch four box free. This vast amount of extra processing released into the wild will have a disruptive effect on the Bitcoin market



where did they get that Info from ?

This part is true though. AFAIK all December orders were given a March order for free.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
Did anyone saw this article http://www.theregister.co.uk/2014/02/03/cointerra_ships_bitcoin_miners/

they suggest that December Batch1 customer now all got their rigs !!!?

Quote
All customers who ordered for the December deadline, now known as “batch 1”, have now got their kit, with the original January (batch 2) customers receiving their gear over the next couple of weeks. Customers who ordered boxes for February and beyond should get the miners on time.

and a free Miner for 1st Batch customers in Batch 4 ??!!!

Quote
Those customers who received batch one kit will get a second, batch four box free. This vast amount of extra processing released into the wild will have a disruptive effect on the Bitcoin market



where did they get that Info from ?
sr. member
Activity: 462
Merit: 250
looks like there website is back up...

fun facts from the FAQ

"I’ve been burned giving money to other Bitcoin mining manufacturers. Can you be trusted?

Only you can make that determination. We strongly recommend that you look on our website at the people behind CoinTerra, use your favorite search engine to do some research on the company and its management team and then make up your mind based on their individual track records and CoinTerra’s reputation in the Bitcoin mining community."

--

"You’re not the first 28nm chip available. How will you compare to your competitors?

Our strategy has always been to design the very best chip that is possible in the 28nm process node. Our competitors’ strategy was focused on racing to market and in that respect it has been successful – they will ship first, and we won’t.  Put simply, there’s a trade-off that is made in order to launch quickly, and they have sacrificed performance and efficient power consumption to enable them to hit their release date. They have said that if they had more time they would’ve made a better chip.  Well, we spent more time, and we did design a better chip!"


newbie
Activity: 8
Merit: 0
looks like there website is back up...
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
so they got "Hacked", this is really BS, they are trying to buy more time, they stated they started production 10 days ago and they "delivered" the first miner a week ago and yet no one seems to receive a tracking number or any information about shipping.

I really wish for regulation to hit Bitcoin really hard just because of these kind of abuses...
Pages:
Jump to: