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Topic: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s - page 50. (Read 231002 times)

hero member
Activity: 608
Merit: 500
When 1.6GH of ANTMINERS take 3.2KW and 1.6GH of Cointerra takes 2.1KW you begin the realize the whole 28nm vs 55nm debate is next to pointless.  The cost of the box and its useful life makes worrying about the relative power draw the least of the problems.  To be fair the cost for ANTMiners was quite a bit higher in the beginning, but the last couple weeks it was only 15.2BTC (~$12K) for 1.6GH of ANTS which could already be mining TODAY.
For larger miners that 1000 watts still adds up though, big time farms for 2014 really will have to be built on 28nm hardware to be competitive.  If you want 20Thash of Antminers you're going to be spending a TON more money on electricity, it's not insignificant for larger farms.
member
Activity: 112
Merit: 10
Just Fun!
Sweet, over promise and under deliver. Way to go CT.

Here, we promised you 2th, but our 1.6 th unit is what you get. That's all folks, maybe in the future firmware will make it better. Oh, and it uses more power than one circuit in your house can provide. Not one outlet, btw. One circuit. So you get to have extension cords draped between rooms.

What are they talking about with a 1th barrier? There has never been a barrier. The machine doesn't have one bit 2000W chip pumping out over 1th, it's just like everyone else, lots of modules.

So sick of reading more lies. KNC did it right, promise 400, ship 700.

I feel bad for you cointerra customers. If you need to get rid of them cheap because you can't power them, I'll buy them. I've got lots of cheap power. Tongue   (jk chill already!!)

"Our December delivery commitment: If we do not deliver your confirmed December delivery within 30 days of our promise, we will credit your account 20% of the hash power."  It's january 26... Do you know where your credit is?

Thats really shit. such loss in GH and with 20% more power usage...

I have 4 Terras ordered so they should just send me one extra miner and it would be already ok. then it would be what i ordered. only thing that i would have then 5*2100= 10,5 kW/h instead of 4*1600=6,4 kW/h. mhhh... just 60% more...
o top comes more than one month delay, so it´s just loss of several tens of k$.

Thanks Cointerra!
sr. member
Activity: 472
Merit: 250
Fail on both watts + hash rate.

You might as well just ordered some antminer/bitfury and started mining 3 months ago, by the time the difficulty gets to the level where watt/gh difference would matter materially between cointerra and the 55nm, the boxes will be all obsolete anyway. And you would mined a lot more bitcoins with the 55nm if started 3 months ago, instead giving cointerra a 0% interest loan while they did the dog and pony show.

YEP.  This is 100% correct. 

When 1.6GH of ANTMINERS take 3.2KW and 1.6GH of Cointerra takes 2.1KW you begin the realize the whole 28nm vs 55nm debate is next to pointless.  The cost of the box and its useful life makes worrying about the relative power draw the least of the problems.  To be fair the cost for ANTMiners was quite a bit higher in the beginning, but the last couple weeks it was only 15.2BTC (~$12K) for 1.6GH of ANTS which could already be mining TODAY.



sr. member
Activity: 462
Merit: 250


From 1/20/2014 update:

"At the same time we have been preparing the hardware for mandatory FCC and CE product testing and certification, and UL safety testing and certification which we have been informed will take approximately 2-3 days to complete."


It already took 7.




2-3 weeks is much more likely

the irony is that they do the UL testing so they wont get sued..  but if they take too long they will get sued for other reasons

legendary
Activity: 3234
Merit: 1220


From 1/20/2014 update:

"At the same time we have been preparing the hardware for mandatory FCC and CE product testing and certification, and UL safety testing and certification which we have been informed will take approximately 2-3 days to complete."


It already took 7.




2-3 weeks is much more likely
full member
Activity: 172
Merit: 100


From 1/20/2014 update:

"At the same time we have been preparing the hardware for mandatory FCC and CE product testing and certification, and UL safety testing and certification which we have been informed will take approximately 2-3 days to complete."


It already took 7.


copper member
Activity: 2898
Merit: 1465
Clueless!
So did they start production ?  will they start shipping this week ?

Apparently they did start production.  But are waiting for FCC and CE certification.

I thought it was Underwriter Labs...whoo boy..hope it is not UL that (I don't know this but have heard so don't kill the messenger) that it can take MONTHS

such options on not shipping power supplies was the reason given (again not sure if it matters or is legit..just the messenger) that KNC does NOT ship their units with power supplies

anyway others in this field with more knowledge then myself can weigh in here

the above is just 'chatter' that i've been told on forums when I inquired why KNC did not ship with power supplies internationally etc

feel free to slap me down ..i just post this because its what scuttlebutt has passed by my way from the summer when i got the KNC ordered

Searing
full member
Activity: 172
Merit: 100
So did they start production ?  will they start shipping this week ?

Apparently they did start production.  But are waiting for FCC and CE certification.
legendary
Activity: 2338
Merit: 2106
got to love the swedes.  Kiss
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
So did they start production ?  will they start shipping this week ?
sr. member
Activity: 378
Merit: 250
Sweet, over promise and under deliver. Way to go CT.

Here, we promised you 2th, but our 1.6 th unit is what you get. That's all folks, maybe in the future firmware will make it better. Oh, and it uses more power than one circuit in your house can provide. Not one outlet, btw. One circuit. So you get to have extension cords draped between rooms.

What are they talking about with a 1th barrier? There has never been a barrier. The machine doesn't have one bit 2000W chip pumping out over 1th, it's just like everyone else, lots of modules.

So sick of reading more lies. KNC did it right, promise 400, ship 700.

I feel bad for you cointerra customers. If you need to get rid of them cheap because you can't power them, I'll buy them. I've got lots of cheap power. Tongue   (jk chill already!!)

"Our December delivery commitment: If we do not deliver your confirmed December delivery within 30 days of our promise, we will credit your account 20% of the hash power."  It's january 26... Do you know where your credit is?
sr. member
Activity: 278
Merit: 250
@aerobatic
Please see my previous post. I like your optimism but you are now coming off as an opportunist.

@DPoS
I gree with you and I am one of Cointerra's biggest supporters. They will meet their goals some time in the future, but for now they will need to correct the misleading advertisement.

It is true that Cointerra has the best value in the market, but we still do not know when they are going to ship their first batch. They have not said anything new in the last three updates, not really. But if you've waited this long, the best thing to do is to wait a little bit longer.
sr. member
Activity: 462
Merit: 250
a lot easier to redesign expectations than to achieve them!!  Where is the 20% refund?  and why still false advertise on the site?
hero member
Activity: 702
Merit: 500
The real "pros" are usually quiet and come with everything ready to go and to prove itself.  It has always been that way in the car community and they build there customer base on "past experience" on other platforms or they have ONE thing they did that was never able to replicate, etc.  In the car industry I like being that quiet one but sadly no way I could ever build ASIC chips, could fund it but could not built.  Soldering is still a challenge for me LOL!

It cracks me up when all their bandwagon people have NO explanation as to why it didn't succeed.  Then out of left field the quiet giant rises and brings the pain with them.

Don't get me wrong Cointerra came out with a final product that does have some performance BUT it was nothing like it was originally hyped up to be.
Yeah, if they had set expectations lower this would be fine but they were saying they would have far lower power consumption than KnC, which seems not to be the case.  Seems like bitfury did a really good job optimizing power use considering the 55nm nature.

Bitfury underclocked their chips - higher clock more watts, just like gpu oc we all mess around with when young. This means  cointerra is already pushing their chips to the edge as 28nm(unless horribly designed) should have significantly lower watts than 55nm running normal. Yet it is almost on par and the hash rate is still only 1.7, they probably won't even achieve 1.5 if the chips are ran at normal clock.

Really not sure what is going on here, but from the newsletter with vague mention to pcb redesign for next release, my opinion is they fubar the current design horribly.   

No question the BitFury design is very special.  But it's not just that it's in 55nm.. It's special because it was full custom and designed for very low power operation.  No other chip available has been designed in full custom before nor since for Bitcoin mining.

From what cointerra has said in their update. The asics can run at full rate but the power circuit needs a redesign to supply more power to them.  That doesn't say the chips are a disappointment.. If by redesigning a new board in a month or two they can reach the orig goals then the asics must be fine..   Right?

Meanwhile a t least they are going to ship to customers with what they have, despite it being less than the target.  Whereas some other ASIC companies decided to delay the product for months while they tweaked e design.  I know which one I'd prefer!

Anyway.. Im happy to take mine as is, as soon as possible.  And if you don't want your jan terraminer may I suggest you ask Cointerra to give u a refund.. Or better yet, I will happily buy it off you...!  Yes, seriously!  These are really good value even with a 15-20% underperform.. They're still the fastest and lowest cost miner you can get... Right?


hero member
Activity: 1316
Merit: 503
Someone is sitting in the shade today...
The real "pros" are usually quiet and come with everything ready to go and to prove itself.  It has always been that way in the car community and they build there customer base on "past experience" on other platforms or they have ONE thing they did that was never able to replicate, etc.  In the car industry I like being that quiet one but sadly no way I could ever build ASIC chips, could fund it but could not built.  Soldering is still a challenge for me LOL!

It cracks me up when all their bandwagon people have NO explanation as to why it didn't succeed.  Then out of left field the quiet giant rises and brings the pain with them.

Don't get me wrong Cointerra came out with a final product that does have some performance BUT it was nothing like it was originally hyped up to be.
Yeah, if they had set expectations lower this would be fine but they were saying they would have far lower power consumption than KnC, which seems not to be the case.  Seems like bitfury did a really good job optimizing power use considering the 55nm nature.

Bitfury underclocked their chips - higher clock more watts, just like gpu oc we all mess around with when young. This means  cointerra is already pushing their chips to the edge as 28nm(unless horribly designed) should have significantly lower watts than 55nm running normal. Yet it is almost on par and the hash rate is still only 1.7, they probably won't even achieve 1.5 if the chips are ran at normal clock.

Really not sure what is going on here, but from the newsletter with vague mention to pcb redesign for next release, my opinion is they fubar the current design horribly.   
sr. member
Activity: 462
Merit: 250
The other question will be how stable these Cointerra rigs will be and if you will be able to overclock/underclock

they have been dead silent and you'd think they would of put up a link to whatever pool they are hashing on to show results
and how about the heat?  with all the higher watts, was their airflow design robust enough to handle more?

hero member
Activity: 608
Merit: 500
The real "pros" are usually quiet and come with everything ready to go and to prove itself.  It has always been that way in the car community and they build there customer base on "past experience" on other platforms or they have ONE thing they did that was never able to replicate, etc.  In the car industry I like being that quiet one but sadly no way I could ever build ASIC chips, could fund it but could not built.  Soldering is still a challenge for me LOL!

It cracks me up when all their bandwagon people have NO explanation as to why it didn't succeed.  Then out of left field the quiet giant rises and brings the pain with them.

Don't get me wrong Cointerra came out with a final product that does have some performance BUT it was nothing like it was originally hyped up to be.
Yeah, if they had set expectations lower this would be fine but they were saying they would have far lower power consumption than KnC, which seems not to be the case.  Seems like bitfury did a really good job optimizing power use considering the 55nm nature.
sr. member
Activity: 486
Merit: 262
rm -rf stupidity
The real "pros" are usually quiet and come with everything ready to go and to prove itself.  It has always been that way in the car community and they build there customer base on "past experience" on other platforms or they have ONE thing they did that was never able to replicate, etc.  In the car industry I like being that quiet one but sadly no way I could ever build ASIC chips, could fund it but could not built.  Soldering is still a challenge for me LOL!

It cracks me up when all their bandwagon people have NO explanation as to why it didn't succeed.  Then out of left field the quiet giant rises and brings the pain with them.

Don't get me wrong Cointerra came out with a final product that does have some performance BUT it was nothing like it was originally hyped up to be.
hero member
Activity: 854
Merit: 500
einc.io
i can't browse a website without tripping over cointerra's google ads, luring newbies to order may batch...just like the old bfl tactics.

This company is such a disappointment, behind all that hype, being a pro team, and polished newsletters. If you look at the actual content it's all bullshit, for the last 1 month they basically haven't done anything to improve the performance but drag time. Whatever they are releasing now is the same hardware that was already on the market last year, 28nm or no.  The whole point of having 28nm is the ability to hit 2+ TH and in one standard 20A circuit without tripping the breakers or burn down your house.  Cant believe those guys can say with a straight face - yeah just plug it into 2 separate circuits, no shit sherlock.

Fail on both watts + hash rate.

You might as well just ordered some antminer/bitfury and started mining 3 months ago, by the time the difficulty gets to the level where watt/gh difference would matter materially between cointerra and the 55nm, the boxes will be all obsolete anyway. And you would mined a lot more bitcoins with the 55nm if started 3 months ago, instead giving cointerra a 0% interest loan while they did the dog and pony show.

+10

I couldn't have say it better
There is no such a pro team, anyone that can pull it off designing an ASIC has some kind of experience in the semi conductor industry.
All teams have still a lot to learn from each others.
full member
Activity: 127
Merit: 100
Cointerra has failed to live up to the expectations that they set for themselves and everyone else.  They need to ship immediately, so they don't fuck us over even more than they have now.   

Also I believe they need to change their product specs immediately.  I can't believe theyre taking delivery for the May batch now, hope no one is dumb enough to buy one of these.
http://cointerra.com/product/terraminer-iv-2ths-networked-asic-miner-may-batch/



The bitcoin mining community is the jaded girlfriend that keeps coming back for more.  Lesson learned...again, don't believe the pre-order bullshit hype.

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