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Topic: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s - page 45. (Read 231002 times)

hero member
Activity: 588
Merit: 504
So anyone received a tracking number ?



 I can see approximately 250-300 units. That's about 1/3 of the December order queue that we can (sort of) confirm physically exist. They pushed the button to start production sometime last week, so perhaps the last December orders will have to wait another week or two. I'm hoping I'm wrong, but that's a pretty good worst-case guess given the image.

look like around 90 empty, metal enclosures, I didn't visit but seemed they employ 2 children on assembly line to do this job. really not single unit is assembled in past 72+ hours?
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
So anyone received a tracking number ?
ImI
legendary
Activity: 1946
Merit: 1019
I think i might sell for $20k. Dont think id sell for 20 btc.

Thx

How is that Lambo doing?  Wink
sr. member
Activity: 533
Merit: 251
assuming we get our Terraminer by next week. How much BTC we expect to make from each miner within 3-6 months. I have got some pretty decent offer to sell my miner for $20K thinking if i should take on that offer, any thoughts?

I would take that offer right away homie~

-A bird in the hand is worth two in the bush
hero member
Activity: 1316
Merit: 503
Someone is sitting in the shade today...
assuming we get our Terraminer by next week. How much BTC we expect to make from each miner within 3-6 months. I have got some pretty decent offer to sell my miner for $20K thinking if i should take on that offer, any thoughts?

you are crazy to even thinking about this, if someone is seriously paying you $20K, sell it asap.

This box will not make a profit at $20k with just 15% increase per, at 1.6TH and $0.15kw.  If you change to 20% increase per and it's a money loser.  And this is assuming you start mining today, which you are not.

Given the wave of THs that are surely coming within the next 2-4 months, i would sell this asap and pocket the profit. I can guarantee the difficulty gap will be >20% when the first waves hit, hopefully afterwards it will start to flatten out but who knows.
hero member
Activity: 702
Merit: 500
assuming we get our Terraminer by next week. How much BTC we expect to make from each miner within 3-6 months. I have got some pretty decent offer to sell my miner for $20K thinking if i should take on that offer, any thoughts?

nice to know theyre worth $20k to someone.  thats good news.

if id bought a miner for $6k and someone offered me $20k, i'd probably take it.



newbie
Activity: 33
Merit: 0
assuming we get our Terraminer by next week. How much BTC we expect to make from each miner within 3-6 months. I have got some pretty decent offer to sell my miner for $20K thinking if i should take on that offer, any thoughts?
full member
Activity: 156
Merit: 100
Cryptocurrency Rules man!
Did any body get a tracking number yet? Seem like they announce they are shipping immediately but it is not true. Only one person by the screen name of Bitscavenger received his. I read in the other forum that he personally picked it up though. @Cointerra PLEASE STOP MAKING US WAIT! Time is money.  Cry
hero member
Activity: 588
Merit: 504

where did you get the picture from? 

[edit.. ah, ok, its on ct's web site.. sorry!]

[another edit:   you also need to take account that they have more than one factory making the boxes]


OMFG, if only I could plug those babies in for just 24 hours I would be so $$$$$

You'd gain approximately $90,000, and spend $2,000 in electricity.

these are just empty cases
member
Activity: 117
Merit: 10

where did you get the picture from? 

[edit.. ah, ok, its on ct's web site.. sorry!]

[another edit:   you also need to take account that they have more than one factory making the boxes]


OMFG, if only I could plug those babies in for just 24 hours I would be so $$$$$

You'd gain approximately $90,000, and spend $2,000 in electricity.
sr. member
Activity: 434
Merit: 250

OMFG, if only I could plug those babies in for just 24 hours I would be so $$$$$

Looks like boxes with fans™.
newbie
Activity: 23
Merit: 0
I recommend that everybody get a refund, so I can get mine sooner.

sr. member
Activity: 533
Merit: 251
i think all January batch customers should just get refunds, i don't think theyre going to be on time,  why not just fuck them over and flood them with refund requests.  Either that or sue for misleading customers.

They are offering refunds and not only a full refund but also a 5% coupon for future purchase. So if anyone is NOT happy, just get your full refund and FO!
sr. member
Activity: 533
Merit: 251


 I can see approximately 250-300 units. That's about 1/3 of the December order queue that we can (sort of) confirm physically exist. They pushed the button to start production sometime last week, so perhaps the last December orders will have to wait another week or two. I'm hoping I'm wrong, but that's a pretty good worst-case guess given the image.

where did you get the picture from? 

[edit.. ah, ok, its on ct's web site.. sorry!]

[another edit:   you also need to take account that they have more than one factory making the boxes]


OMFG, if only I could plug those babies in for just 24 hours I would be so $$$$$
hero member
Activity: 702
Merit: 500
I think the key difference versus your car analogy above is that people bought the product on a price/GH basis... A more accurate analogy would therefore be if someone running a fleet of buses was sold a 80 seater bus with a promised fuel economy but the bus delivered in the end only seats 60 and is a lot less fuel efficient. So the changes in spec are clearly going to affect the bus operator's profitability and it isnt what he paid for.

Good one. Here's another.

CT was hired to build a Formula One race car that is promised to reach over 200 mph. Instead, they deliver a car that can only reach 160 mph. Sure, it's a fast car compared to a Yugo, but the lost profits from not being able to win races is staggering.

a week or so ago it was hashing for the first time at 1.5 th.  now a customer has one that hashes at 1.7 th.   I'm hoping by the time they ship a few more (and i got mine) that they've tweaked it a little further...
hero member
Activity: 702
Merit: 500
has anyone got their shipping tracking # yet?

not yet...  I'm still hoping for the next week or two.  I'm also hoping for my hashfast 'sierra' order to be delivered in a similar time.  i just received a baby jet today, so the rest may be being built as we speak...  the race is on!



Hi aerobatic

Since u seem to have bought the whole gamut of ASICs - KNC, HF, CT etc, it will be interesting to hear your views about how they compare, once you have both the HF and CT machines delivered and are then able to compare all of the performances side by side. I hope you will continue to stay neutral in your commentary as that's what makes your posts worth reading, tho I seem to have detected of late a bit of CT favouritism?

my first and only babyjet just arrived today.  its unboxed, but i'm jet lagged (just got back from bitcoin conf in miami) so i know it sounds crazy to delay a day but i will have it setup tomorrow. it wasn't supplied in a 'plug and play' state.  i.e., the raspberry pi isn't inside the box, its a separate box and you have to get it working yourself.   i was disappointed it wasn't open box and plug it in.   i can give you my views on getting it working tomorrow i hope.  also, in the next moth i will hopefully receive some sierras.  be good to compare those with the terraminers as they're more closely matched.

if I'm biassed i will try to declare it.   I'm genuinely ordering and operating a bunch of different manufacturers' hardware and plan to keep doing that for the foreseeable future.  i have a similar number of systems arriving soon from both hf and ct.  the hf ones cost me more, and the ct ones should in theory be more powerful.  we shall see when i get both and will try them out.



legendary
Activity: 1372
Merit: 1003
i think all January batch customers should just get refunds, i don't think theyre going to be on time,  why not just fuck them over and flood them with refund requests.  Either that or sue for misleading customers.

plato14 -

people make rational decisions based on their own self-interests.

asking for a refund, when you can't buy anything better, cheaper, nor faster... is what we call cutting off your nose to spite your face.    customers don't do things like cancel their order, just to fuck with the manufacturer.   especially when the manufacturer won't be affected and the customer loses out.   thats not useful or well thought out advice.

cancelling and asking for a refund probably won't hurt cointerra either.  the boxes could easily be resold.  they're still the lowest cost $/gh of anything available.

so...  I'm not advising to cancel (my own personal opinion is to take delivery and there's upside potential if they improve performance with tweaks over time).

... BUT, despite the fact i don't think its a good idea... (shameless self promotion admitted here), if anyone is actually seriously considering cancelling their january cointerra order, please pm me as i would like to see if we can work out a deal to buy your miner(s).  price depends on many factors.. like where you are in the line, and how many you've got on order, but it will most likely be more than you paid for it (in dollar terms of course)


Well if they never deliver then refunding and getting your money now would be the best bet, maybe front run another price spike.  What is rational about trusting  a company that has lied to their customers already, and screwed them all over in the process?  You're putting your trust in a company that has already duped you, i don't understand why anyone would trust that they would deliver now.  Ill sell you five early batch january for 110 biticoin, thats a 50% discount on what i got them for.  LMK

hey plato14

thats a difference of opinion... i don't think cointerra lied to us.  i think they were optimistic and then couldn't deliver exactly what they promised (and are still expecting to get there over time).  big difference.  i do not think they set out to deceive.. and i don't think they're trying to deceive now.  but i appreciate your difference of opinion and you are welcome to think differently to me.

as i said, i will buy any jan systems in dollar prices...   the retail price of the boxes was $6000 and i will pay more than that for any boxes that anyone wants to sell.   but i appreciate and commiserate if you paid in bitcoins and they went up since you paid.  that is, alas the nature of bitcoins.  its always going to happen.    but thats not my problem and there may be people who paid in dollars who would be happy to sell for a dollar profit.  i get it that you won't want to, and thats fine.  (i bought mine in dollars, btw)

take care

-- Jez


For the record we'll have a few boxes for $7K'ish too if there's any going  Smiley
legendary
Activity: 3878
Merit: 1193
I think the key difference versus your car analogy above is that people bought the product on a price/GH basis... A more accurate analogy would therefore be if someone running a fleet of buses was sold a 80 seater bus with a promised fuel economy but the bus delivered in the end only seats 60 and is a lot less fuel efficient. So the changes in spec are clearly going to affect the bus operator's profitability and it isnt what he paid for.

Good one. Here's another.

CT was hired to build a Formula One race car that is promised to reach over 200 mph. Instead, they deliver a car that can only reach 160 mph. Sure, it's a fast car compared to a Yugo, but the lost profits from not being able to win races is staggering.
newbie
Activity: 29
Merit: 0
Sorry your car is missing 20% of its engine... we'll give you a discount on your next one!

And it's more Gas than advertised...... Cry Cry

How late is the feb batch going to be??

OK.. please dont shoot me.  im just playing devils advocate here.. and using your car analogy... to show you from cointerra's point of view.

youve ordered a sports car that was advertised as going at 200 MPH and consume 20 MPG and youve paid them $6,000 up front for it.

Now, theyve come back and told you that theyre sorry, that the car that they built will go 170 MPH, and consume 24 MPG and with further tweaks in the future it may go faster.

Theyve told you you can have a choice...

do you still want your sports car delivered even though it goes a little slower.. at 170 MPH and consumes 24 MPG?  or would you prefer a refund?

Do you think a car company would allow you to take your car... but because it doesnt go 200 MPH and only goes 170 MPH do you think they will offer you a 15% refund?  (i dont think so).   theyre offering you your only two choices... 1.  take it as is and hope they continue to tweak it... or 2.  have a refund.

The cost of building the car was the same so its not like they can afford to refund you anything.  if you choose to take a refund they will sell the car to someone else.

dont shoot me.. im just explaining it in the way that theyre seeing it.. and using your car analogy works well.


I think the key difference versus your car analogy above is that people bought the product on a price/GH basis... A more accurate analogy would therefore be if someone running a fleet of buses was sold a 80 seater bus with a promised fuel economy but the bus delivered in the end only seats 60 and is a lot less fuel efficient. So the changes in spec are clearly going to affect the bus operator's profitability and it isnt what he paid for. Having said that, I think CT's choice to deliver earlier rather than having customers wait while they redesign their boards (like HF) is a good decision that a lot of the community prefer. Taking the bus analogy further, I am not sure it is fair to tell customers that the cost to the bus maker of the 60 seater vs the 80 seater is the same, (ditto re the reduced fuel efficiency) as this isnt relevant to the end user / bus operator and it should be the bus manufacturer's responsibility to deliver what they had offered

Edited final sentence... (Re fuel efficiency)
hero member
Activity: 702
Merit: 500
i think all January batch customers should just get refunds, i don't think theyre going to be on time,  why not just fuck them over and flood them with refund requests.  Either that or sue for misleading customers.

plato14 -

people make rational decisions based on their own self-interests.

asking for a refund, when you can't buy anything better, cheaper, nor faster... is what we call cutting off your nose to spite your face.    customers don't do things like cancel their order, just to fuck with the manufacturer.   especially when the manufacturer won't be affected and the customer loses out.   thats not useful or well thought out advice.

cancelling and asking for a refund probably won't hurt cointerra either.  the boxes could easily be resold.  they're still the lowest cost $/gh of anything available.

so...  I'm not advising to cancel (my own personal opinion is to take delivery and there's upside potential if they improve performance with tweaks over time).

... BUT, despite the fact i don't think its a good idea... (shameless self promotion admitted here), if anyone is actually seriously considering cancelling their january cointerra order, please pm me as i would like to see if we can work out a deal to buy your miner(s).  price depends on many factors.. like where you are in the line, and how many you've got on order, but it will most likely be more than you paid for it (in dollar terms of course)


Well if they never deliver then refunding and getting your money now would be the best bet, maybe front run another price spike.  What is rational about trusting  a company that has lied to their customers already, and screwed them all over in the process?  You're putting your trust in a company that has already duped you, i don't understand why anyone would trust that they would deliver now.  Ill sell you five early batch january for 110 biticoin, thats a 50% discount on what i got them for.  LMK

hey plato14

thats a difference of opinion... i don't think cointerra lied to us.  i think they were optimistic and then couldn't deliver exactly what they promised (and are still expecting to get there over time).  big difference.  i do not think they set out to deceive.. and i don't think they're trying to deceive now.  but i appreciate your difference of opinion and you are welcome to think differently to me.

as i said, i will buy any jan systems in dollar prices...   the retail price of the boxes was $6000 and i will pay more than that for any boxes that anyone wants to sell.   but i appreciate and commiserate if you paid in bitcoins and they went up since you paid.  that is, alas the nature of bitcoins.  its always going to happen.    but thats not my problem and there may be people who paid in dollars who would be happy to sell for a dollar profit.  i get it that you won't want to, and thats fine.  (i bought mine in dollars, btw)

take care

-- Jez
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