Topic: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s - page 48. (Read 231002 times)

15% off per unit.

if you have 4 unit ordered that's almost 1.6TH loss in hash rate that equals to another terraminer so in order to get full discount i have order another 4 future miner? that's not cool.

With difficulty +100% due to delayed shipment.

a 15% discount coupon for -20% hashing power and +20 electricity consumption? 

DATELINE 1/28/2014

When we founded CoinTerra in the summer of 2013 we set out to revolutionize the Bitcoin mining hardware industry by designing an innovative Bitcoin mining ASIC that delivers truly exceptional performance. The anticipation has been intense, and less than six months later we’re excited to say that this week we have started to ship the first production units to our early customers. We have realized the goal of building the highest performance standalone Bitcoin miner which delivers the lowest price per gigahash on the market.

Despite the power efficiency issues detailed in our previous status update, the production TerraMiner IV delivers unprecedented performance and value:

1.63-1.72TH/s performance for the TerraMiner IV
Lowest price per GH available on the market
The fastest self-contained Bitcoin miner in the world
We believe that it is in our customers’ best interest to receive hardware as soon as possible, so we will begin shipping our initial production TerraMiners immediately. The first units should start arriving at customers later this week as we ramp up towards volume production.

In consideration of the above, we are offering our January and February batch retail customers (orders placed at the cointerra.com website store) a coupon redeemable against their next order for the performance discrepancy of our first run of TerraMiners. January and February batch retail customers may choose one of the following two options:

 

For January or February batch retail customers who wish to receive their TerraMiner order in the currently-shipping specification we will offer a 15% discount coupon* redeemable against their next retail hardware order placed at the CoinTerra website store.  If a January or February batch retail customer chooses to accept their order as-is they will automatically receive this coupon.
We understand that some January or February batch customers may wish to request a refund, in which case we will offer a full refund of US dollars received for their order. Customers wishing to request a refund should contact [email protected] with their unique order ID. For those customers who choose the refund option we would like to extend the offer of a 5% discount coupon* redeemable against their next retail hardware order placed at the CoinTerra website store.
 

For our March and later batch customers we will of course assess the situation before shipping and in the meantime we shall continue to work on resolving the remaining power efficiency issues. We also have some exciting announcements lined up for the near future which we hope to share with you soon!

 

Sincerely,

Team CoinTerra

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

 

* Coupons are valid for orders placed at the CoinTerra website store through December 31, 2014. One discount coupon will be issued per unit in an existing paid order, redeemable towards the cost of one unit per coupon in the next order placed. Coupons are non-transferrable and are associated with the customer’s cointerra.com account on file for their original order.


Cointerra is offering 15% discount on next purchase for January and February Customers, Why in the fuck would I ever want to order anything from you again cointerra, go fuck yourself and send us our fucking machines.

PKR has never operated in the USA. The Feds have no beef with us.  And yes, your money is safe.  We use triple aaa rated banks to hold customer funds.  And of course they're ring fenced.  If something unexpectedly bad happened and the company died tomorrow, the customer funds would still be safe and sound.  The way it should be with any legitimate company.

Btw. I don't eat seafood.  A big hunk of hot dead cow would be a better choice..

are my funds safe and secure?

will you be eating lobsters for lunch when the federal government seizes your domain and puts a hold on your international banking accounts?

I plan to travel to Austin for a several day visit.  I am overdue to start the trip, but we are digging out after a blizzard and weather is widely difficult.

I can meet up if anyone desires.  My local watering holes are 1) The Hole in the Wall, a block up the street 2) The Local, and very near Capitol Plaza, The Nomad.
I can take a photograph of The Prime Wild CoinTerra if I get an invitation.
I could request a visit at Cointerra and issue a report, but that will take time away from production & I don't see what it would add.

I am the guy mentioned on the front page of the Sept. 19, 2013 Wall Street Journal, if that matters to anyone.

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

'

Alderney?? Really, fuck that, those bozo's couldn't regulate my arse...  These Asshole's IMO let Lederer, Bitar et all get away with running a sinking ship WAY to long.  They we're against segregated player accounts.  Fuck these pricks IMO they do not have the little guys interest IMO, it's IoM or bust baby!!!  Thank god for PS or I would have been out a decent chunk of change...

Might as well throw the KGC in their as another joke regulator...

cutting through usual layer of "unprecedented hash power" "blazing performance" self-pats on the back to skip to actual meaty news portion of that press release and we can see there is 1 unpowered unit in their own office. so not yet pop champagne time for most watchers. but at least it is nice they had posted an update.

https://bitcointalksearch.org/user/justjake-79116 this first customer. so no more information as yet. but they can buy little time with this post like hashfast. let's see if some tracking #'s show up in the wild

Difficulty is up 2x since mid-December. Is everyone getting delivered double the hashrate immediately? No. While it's better than nothing, it's not even close to fair compensation for the delays.

Way to get your face in there, Jim.

I also didn't know they had Satoshi himself on the team, pictured on the left.

I sure hope so one day!  I'm a Bitcoin fan of course. But we need our regulators to agree. And I think there's a good chance. Maybe in a year or two.  We're regulated in Alderney and they're actually quite pro bitcoin and think progressively. So fingers crossed!

Jez,

Will I ever be able to fund my PKR account with BTC?

There is more hope for someone stupid than there is for someone who believes Cointerra was not over a month late. Not a single Bitcoin mining hardware manufacturer is going to move back your order and compensate you for shipping on time.

clearly, since i don't live in the usa and do not work for any bitcoin company at all, not cointerra, not hashfast, not knc... not anyone!

... so i'm not in the cointerra picture!   actually, there is one picture of me at cointerra, when Jimmy and I visited last month and held a prototype box.  you can see photos of our trip report...  Jimmy & i placed an order jointly for the jan batch.

online poker and computer games is my background and takes most of my time...   i have other sidelines including property development (in London!).. and of course, bitcoin mining is a new sideline for me.. a paid hobby.  becoming more than a hobby, actually.. but still, not my day job.

http://www.pkr.com/en/about-pkr/who-we-are/

http://en.wikipedia.org/wiki/Jez_San

Great point

Not everyone was switched to January, and yes they are over a month late for delivery promised for mid-December orders, and they are pushing a month late for early January orders

Having met Jez in Las Vegas, I can definitely state that he is not in that picture.

I'm not quite as pleased as he is, however.  There has been far too many cases of companies shipping 1 system and then taking many weeks to actually ship in volume to be celebrating quite yet.  I still hope Cointerra will prove to be the first case of a bitcoin supplier that does what they say they will do but I will reserve judgement until the facts are established.

An updated schedule for each batch would be a good start at this point.

Damn, your boss is going to give you a bonus for that one.  Which one are you in that picture?