CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s - page 44.

gmaxwell

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Quote from: machinationus on January 31, 2014, 03:06:31 PM

If you try plugging in TWO 120 volt from the same room they could be on different phase,
creating a dead short, and trip breakers smoke wire etc. And 120 will use more watts than 240.

There are two PSUs in the unit, and it should be perfectly fine to run them on separate legs of a residential service.

1l1l11ll1l

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Quote from: Alvi on January 31, 2014, 04:03:04 PM

ELIGIUS
Pool Hashrate: 2,918.84 Th/s

who's adding up all that hashrate? growing fast.

Sorry. I'll try to keep it down till the 10th or so

Supercomputing

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Quote from: Alvi on January 31, 2014, 02:00:49 PM

US companies seems to suck...bitmine is about to ship there goes all our profit making Sad

I have mined over 10K Bitcoins with Butterfly Labs hardware and less than 100 Bitcoins with KnCMiner hardware. But the company I see with the most potential is from the U.S. and I will be patiently waiting for Cointerra's 14nm 3D Bitcoin mining hardware. I am betting that Cointerra will get there first and it would be a good time to invest big.

You've heard it before, timing is everything when mining for Bitcoins. I've mined tens of thousands of Bitcoins because of timing. When I first started mining back in late 2009 with my Xilinx LX240's, I would have been lucky to trade 10K Bitcoins for a slice of pizza, they were absolutely worthless back then. I am still astonished that people are trading their real hard-earned money for Bitcoins, but who's complaining. As long as everyone involved understands that it is a zero-sum game, there must be winners and losers.

However, there is one thing that worries me though about people investing their real hard-earned money in Bitcoins, SHA-2 (256-bit) or secp256k1 (prime field Koblitz elliptic curve) may be compromised sometime in the future and crash the whole system. You've also heard it before, never invest in Bitcoins what you cannot afford to lose.

Supercomputing

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Quote from: plato14 on January 31, 2014, 03:33:30 PM

Quote from: aerobatic on January 31, 2014, 11:20:05 AM

Quote from: VolanicEruptor on January 31, 2014, 10:59:54 AM

So they shook his hand, made it look like it was his machine at that very moment, and then told the poor kid he can't have it yet?

If that's not public deception I don't know what is.. don't take pictures of hand offs if its not even a hand off

theres two sides to every story. i heard they gave it to him in the ceremony and took photos at the time... then plugged it in and left it hashing with his own address... using their electricity... cos they hadn't received their fcc/ul approvals in time for him to walk away with it that day (not allowed to sell an unlicensed device) the approvals came in the next day so he took it home later... big deal, no harm done. doesn't sound like a big deception to me. he took ownership of it, and it made bitcoins for him from the moment of the ceremony and he had it at home before ct made the announcement. why is that public deception? he seems pretty happy about it, and complimentary of ct. did u not see his reddit posts?

http://www.reddit.com/r/Bitcoin/comments/1webkm/i_am_the_guy_who_got_the_first_cointerra_miner_ama/

its public deception because its misleading current, and inquiring customers that they have actually started shipping products when in reality they've only given one out, and in reality have no timeline when the rest will be shipped.

Cointerra needs to burn-in the miners before shipping them out to their customers.

Alvi

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ELIGIUS
Pool Hashrate: 2,918.84 Th/s

who's adding up all that hashrate? growing fast.

plato14

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Activity: 127

Merit: 100

Quote from: aerobatic on January 31, 2014, 11:20:05 AM

Quote from: VolanicEruptor on January 31, 2014, 10:59:54 AM

So they shook his hand, made it look like it was his machine at that very moment, and then told the poor kid he can't have it yet?

If that's not public deception I don't know what is.. don't take pictures of hand offs if its not even a hand off

theres two sides to every story. i heard they gave it to him in the ceremony and took photos at the time... then plugged it in and left it hashing with his own address... using their electricity... cos they hadn't received their fcc/ul approvals in time for him to walk away with it that day (not allowed to sell an unlicensed device) the approvals came in the next day so he took it home later... big deal, no harm done. doesn't sound like a big deception to me. he took ownership of it, and it made bitcoins for him from the moment of the ceremony and he had it at home before ct made the announcement. why is that public deception? he seems pretty happy about it, and complimentary of ct. did u not see his reddit posts?

http://www.reddit.com/r/Bitcoin/comments/1webkm/i_am_the_guy_who_got_the_first_cointerra_miner_ama/

its public deception because its misleading current, and inquiring customers that they have actually started shipping products when in reality they've only given one out, and in reality have no timeline when the rest will be shipped.

iglasses

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Quote from: machinationus on January 31, 2014, 03:06:31 PM

Quote from: aerobatic on January 31, 2014, 02:10:43 PM

Quote from: Alvi on January 31, 2014, 02:00:49 PM

US companies seems to suck...bitmine is about to ship there goes all our profit making Sad

bitmine got their chips after hashfast but before cointerra. they should've delivered units by now. think they got their chips a month before cointerra - at least they taped out a month or two before cointerra.

its also unknown how well their box works. am eager to hear... (might order some myself if it delivers)

i mentioned this months ago but i would love to hear news on whether their 3,000 watt power supply will deliver all 3,000 watts when run on a single US power circuit (120 volt) as that seems like a lot to expect out of a US power outlet, and i worry that the power supply might max out at 1800 watts when used in the US.

-- Jez

You will never run it with a single 120 volt plugin it's max 1800 watts
If you try plugging in TWO 120 volt from the same room they could be on different phase,
creating a dead short, and trip breakers smoke wire etc. And 120 will use more watts than 240.

You got to run it on 240 volt, I tried a cooler master i700 and it works on 120-240 volt fine, at .99 PF on 120.
Just get a electrician to wire a 220-240 volt plug in, with the 15 amp breaker.

Well in IT environments we run 3000 watt UPS systems over 120 but you have to have 30 amp breakers and the right wire. Also the plugs are the NEMA L5-30P because you can't push that much through a standard outlet.
My guess is that if someone tried to run one of these in their home it would trip the breaker a lot. This is not really a bad thing though because with a high constant draw like that it would be fire hazard in home wiring. Even a 20amp breaker will not give you 1800 watts constant because there's no such thing as a %100 efficient wire (a concept miners can relate to!).

I think as aero has mentioned though, these are pretty serious pieces of equipment and I would be surprised if too many people are thinking they can just stick em their living room and fire it up! I guess I could be wrong though.
Bottom line: At those numbers it isn't really a household appliance unless you have the means to set it up correctly (and safely!).

Epoch

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Quote from: aerobatic on January 31, 2014, 02:10:43 PM

i mentioned this months ago but i would love to hear news on whether their 3,000 watt power supply will deliver all 3,000 watts when run on a single US power circuit (120 volt) as that seems like a lot to expect out of a US power outlet, and i worry that the power supply might max out at 1800 watts when used in the US.

In North America most 15A circuit breakers are rated to carry no more than 80% of their nominal load rating on a continuous (3 hours or more) basis. This typically means 1440W (120V x 15A x 80%). Running an 1800W load on such a circuit would trip the breaker within a few minutes.

It is quite rare to see 100% load rated circuit breakers. But if the difference between 1440W and 1800W is the difference between running and not running, the breakers are easy enough to swap out.

machinationus

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Quote from: aerobatic on January 31, 2014, 02:10:43 PM

Quote from: Alvi on January 31, 2014, 02:00:49 PM

US companies seems to suck...bitmine is about to ship there goes all our profit making Sad

bitmine got their chips after hashfast but before cointerra. they should've delivered units by now. think they got their chips a month before cointerra - at least they taped out a month or two before cointerra.

its also unknown how well their box works. am eager to hear... (might order some myself if it delivers)

i mentioned this months ago but i would love to hear news on whether their 3,000 watt power supply will deliver all 3,000 watts when run on a single US power circuit (120 volt) as that seems like a lot to expect out of a US power outlet, and i worry that the power supply might max out at 1800 watts when used in the US.

-- Jez

You will never run it with a single 120 volt plugin it's max 1800 watts
If you try plugging in TWO 120 volt from the same room they could be on different phase,
creating a dead short, and trip breakers smoke wire etc. And 120 will use more watts than 240.

You got to run it on 240 volt, I tried a cooler master i700 and it works on 120-240 volt fine, at .99 PF on 120.
Just get a electrician to wire a 220-240 volt plug in, with the 15 amp breaker.

Phinnaeus Gage

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Bitcoin: An Idea Worth Spending

Quote from: willphase on January 31, 2014, 12:55:59 PM

Quote from: mmitech on January 31, 2014, 11:45:47 AM

I am looking at both news updates, and I cant find a single word about the approved Certifications, which makes me wonder how that customer walked out with his miner as they claim (and as he claim).

Quote

I got my picture taken, saw the box, and then had to leave without it because they could not legally give it to me.

He is having the miner hosted at Cointerra until the certifications are complete.

Will

Early April Fools joke? Grin

(couldn't resist, for those who get the reference)

mmitech

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things you own end up owning you

Quote from: aerobatic on January 31, 2014, 02:10:43 PM

Quote from: Alvi on January 31, 2014, 02:00:49 PM

US companies seems to suck...bitmine is about to ship there goes all our profit making Sad

bitmine got their chips after hashfast but before cointerra. they should've delivered units by now. think they got their chips a month before cointerra - at least they taped out a month or two before cointerra.

its also unknown how well their box works. am eager to hear... (might order some myself if it delivers)

i mentioned this months ago but i would love to hear news on whether their 3,000 watt power supply will deliver all 3,000 watts when run on a single US power circuit (120 volt) as that seems like a lot to expect out of a US power outlet, and i worry that the power supply might max out at 1800 watts when used in the US.

-- Jez

they had sample chips if this is what you meant but they got their production chips just the day before yesterday.

aerobatic

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Activity: 702

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Quote from: Alvi on January 31, 2014, 02:00:49 PM

US companies seems to suck...bitmine is about to ship there goes all our profit making Sad

bitmine got their chips after hashfast but before cointerra. they should've delivered units by now. think they got their chips a month before cointerra - at least they taped out a month or two before cointerra.

its also unknown how well their box works. am eager to hear... (might order some myself if it delivers)

i mentioned this months ago but i would love to hear news on whether their 3,000 watt power supply will deliver all 3,000 watts when run on a single US power circuit (120 volt) as that seems like a lot to expect out of a US power outlet, and i worry that the power supply might max out at 1800 watts when used in the US.

-- Jez

Alvi

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US companies seems to suck...bitmine is about to ship there goes all our profit making Sad

willphase

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Quote from: mmitech on January 31, 2014, 11:45:47 AM

I am looking at both news updates, and I cant find a single word about the approved Certifications, which makes me wonder how that customer walked out with his miner as they claim (and as he claim).

Quote

I got my picture taken, saw the box, and then had to leave without it because they could not legally give it to me.

He is having the miner hosted at Cointerra until the certifications are complete.

Will

mmitech

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things you own end up owning you

Quote from: gmaxwell on January 31, 2014, 11:23:43 AM

So the fcc/ul approvals are in? Why aren't we hearing from anyone else about shipping? My order just shows "processing" as it has for months.

I am looking at both news updates, and I cant find a single word about the approved Certifications, which makes me wonder how that customer walked out with his miner as they claim (and as he claim).
so I will quote their update which you cant find on their news page but you can still acces throug reddit from the AMA thread

So this is what the miner wrote, and BTW no picture no videos to prove that he really have the miner:

http://www.reddit.com/r/Bitcoin/comments/1webkm/i_am_the_guy_who_got_the_first_cointerra_miner_ama/

Quote

I am the guy who got the first Cointerra miner AMA.
submitted 2 days ago* by bitscavenger
I will be online for about an hour an a half if anyone wants to chat. Here is their press release:
http://cointerra.com/pr-cointerra-begins-shipment-terraminer-iv-worlds-fastest-bitcoin-miner/
Here are some basics.
I was a "December" batch customer.
The machine is secure in a server room. Home is not a good place to run this IMO.
I am mining on Eligius but I will monitor that in case their share gets too big.
I do not know anyone from Cointerra personally. I was chosen to be customer 1 because I live in Austin and I am active in the local bitcoin community (is what they told me).
I have certainly met a lot of Cointerra people since a week ago and I really like everyone I met.
I am the guy doing the Numisalis coin. I am wearing that shirt in the picture. I still really believe in it and encourage contributions to the Indiegogo campaign.
Fire away!
edit: Stats!
The miners typically run at ~1.7TH/s. I have seen it jump to 2TH/s and have seen it drop to 1.55TH/s but those speeds are not sustained.
There are 2 power supplies. Each pulls 1kW pretty much on the nose. Fans run at full speed all the time right now. I have been told a not-yet-scheduled firmware upgrade will address that as well as other power and speed improvements. I can only go on what I see right now though.

both updates doesn't mention anything about shipping time neither if any other order being shipped and nothing about the certification.

http://cointerra.com/pr-cointerra-begins-shipment-terraminer-iv-worlds-fastest-bitcoin-miner/

http://cointerra.com/update-production-news-janfeb-batch-customer-offer/

Disclaimer: I am not a direct customer, I am an investor in Peta-mine, which is based of Cointerra and Bitmine hardware, and they both failed to deliver in time which put us all in a bad position.

aerobatic

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Quote from: gmaxwell on January 31, 2014, 11:23:43 AM

So the fcc/ul approvals are in? Why aren't we hearing from anyone else about shipping? My order just shows "processing" as it has for months.

wish there was someone from cointerra on here to answer questions... thats one thing i think they're definitely lacking in... is forum coverage! they only seem to come here when they want to announce something... they don't read posts nor answer questions.

gmaxwell

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Activity: 4284

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So the fcc/ul approvals are in? Why aren't we hearing from anyone else about shipping? My order just shows "processing" as it has for months.

aerobatic

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Activity: 702

Merit: 500

Quote from: VolanicEruptor on January 31, 2014, 10:59:54 AM

So they shook his hand, made it look like it was his machine at that very moment, and then told the poor kid he can't have it yet?

If that's not public deception I don't know what is.. don't take pictures of hand offs if its not even a hand off

theres two sides to every story. i heard they gave it to him in the ceremony and took photos at the time... then plugged it in and left it hashing with his own address... using their electricity... cos they hadn't received their fcc/ul approvals in time for him to walk away with it that day (not allowed to sell an unlicensed device) the approvals came in the next day so he took it home later... big deal, no harm done. doesn't sound like a big deception to me. he took ownership of it, and it made bitcoins for him from the moment of the ceremony and he had it at home before ct made the announcement. why is that public deception? he seems pretty happy about it, and complimentary of ct. did u not see his reddit posts?

http://www.reddit.com/r/Bitcoin/comments/1webkm/i_am_the_guy_who_got_the_first_cointerra_miner_ama/

VolanicEruptor

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So they shook his hand, made it look like it was his machine at that very moment, and then told the poor kid he can't have it yet?

If that's not public deception I don't know what is.. don't take pictures of hand offs if its not even a hand off

diwolf

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I think it is rather simple for us already mining. We need just a little reduction in Bitcoin price.

The risk for these new machines is rising exponentially when bitcoin price starts falling.

I do think this year, many people will need money to pay debt, and bitcoin will fall, like the economy/stock market.

Topic: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s - page 44. (Read 231016 times)