antminer is at 1.9 btc for 190GH(after easy OC), that's exactly 0.01 BTC/GH. cointerra is 2000GH for $6000 or 6.6BTC, that's ~ 0.0033BTC. So the very first shipments from cointerra will have a 3X discount to the current market price.
However given the fact china has started massive dumping of the antminer and 200GH avalon miners (with price quoted at 1.5 btc for 2/1 shipment), the gap is getting very narrow, i have a feeling the late orders will not be happy with the ROI unless cointerra provide additional hash to those customers.
Topic: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s - page 55. (Read 231002 times)
January 20, 2014, 11:30:40 PM
January 20, 2014, 09:42:51 PM
Well it looks like they won't be shipping the December and January batches together like we had hoped. Expect another 3 weeks for January units to be at the same point these ones are.
January 20, 2014, 09:40:49 PM
UPDATE: Prototype Testing Completed, Certification and Production this week
http://cointerra.com/update-prototype-testing-completed-certification-production-week/
http://cointerra.com/update-prototype-testing-completed-certification-production-week/
Quote
No mention of what the machines are hashing at though. Makes me a bit curious.
indeed - this is the big question - is it hashing reliably at 2Th? I suppose we'll find out in a week.
Will
January 20, 2014, 09:38:19 PM
No mention of what the machines are hashing at though. Makes me a bit curious.
January 20, 2014, 09:35:21 PM
UPDATE: Prototype Testing Completed, Certification and Production this week
http://cointerra.com/update-prototype-testing-completed-certification-production-week/
http://cointerra.com/update-prototype-testing-completed-certification-production-week/
January 19, 2014, 08:26:30 PM
Sorry noob, but you're wrong.
yeah! i´m a noob!
and you are a Hero Member!
i know why i am in your eyes a noob: 1. you think that i never heard anything about BFL. (i waited my BFL singles more than 10 months) 2. i did not write enough shit in this forum to be a hero member. 3. best advice is your advice, for sure.
maybe my comments are dumb for you, but i at least are not just saying something without content like "dumb comments are not welcome here".
that is just the dumbest comment here what i have been seeing here. Take some time and just say why you find my comment "dumb", istead of saying that it is "dumb"!
show to this noob here, that you are not a noob or you are just better and know more than this noob...
I have no idea what i am reading, no one cares if you're a noob, or if this other guy is a hero member, but if you have something to say please try to make if halfway coherent.
January 19, 2014, 08:23:49 PM
if you are really sure that ice is right then just try to keep your mouth shut. ice and his baby jets are late more than any other asic producer in whole asic history.
Sorry noob, but you're wrong.
Quote
dumb comments are not welcome here.
Ever considered taking your own advice?
January 19, 2014, 07:28:45 PM
those guys are really dragging their feet, it doesnt take 2+ weeks with still no end in sight. KNC did it in a few days, and any team with cointerra's experience on paper (if it is true) can easily do it in the same time. It's just trial and error unless they screwed up the design which i doubt.
/thumb down
/thumb down
Chip bring up and characterization, PCB and firmware tuning typically takes months. With a bitcoin miner Im sure that can be done faster, but what KnC did was exceptional and literally, an exception, not the rule. (The result was also a lot of DOA's and at least one customer seeing 100% failure/issue rate on a batch of 10 miners. Thats not what you want as a company). Also keep in mind how long it took Avalon, BFL, Bitfury how long it is taking HF and Bitmine.
If I were a customer, I would be disappointed that they are not only a few weeks behind schedule, but also still below target atm, but considering they received their first chips only 2 weeks ago, I wouldnt have expected miracles.
He didn't say a 100% failure rate he said a 100% "issue" rate - I had an "issue" with my KnC, the fans came off during shipping and I had to open the case and stick them back on.
That happened to pretty much everyone in the first few days. Also, KnC's chips put out about 1/4th the performance numbers as HF/Cointerra's designs. They likely used a very conservative design, rather then a lot of crazy analog optimizations, which likely made their chips far more reliable and easy to use, but also perform more slowly.
But again - when it comes to bitcoin mining shipping early more then makes up for performance differences. A batch1 or batch2 Avalon was far more profitable then a KnC which in turn will be far more profitable then a Hashfast, if it ever ships.
January 19, 2014, 07:17:48 PM
yeah! i´m a noob!
and you are a Hero Member!
i know why i am in your eyes a noob: 1. you think that i never heard anything about BFL. (i waited my BFL singles more than 10 months)
Oh so, you know all about BFL yet...
Quote
ice and his baby jets are late more than any other asic producer in whole asic history.
Quote
2. i did not write enough shit in this forum to be a hero member.
When you're an active member of a community for over 2 years, you tend to rack up a few posts.
Quote
3. best advice is your advice, for sure.
maybe my comments are dumb for you, but i at least are not just saying something without content like "dumb comments are not welcome here".
that is just the dumbest comment here what i have been seeing here. Take some time and just say why you find my comment "dumb", istead of saying that it is "dumb"!
maybe my comments are dumb for you, but i at least are not just saying something without content like "dumb comments are not welcome here".
that is just the dumbest comment here what i have been seeing here. Take some time and just say why you find my comment "dumb", istead of saying that it is "dumb"!
While I give you slack for not being a native English speaker, you may try to use some logical progression in your statements instead of near incoherent contradictory ramblings. Quote
show to this noob here, that you are not a noob or you are just better and know more than this noob...
I don't claim to be better, though I probably know more than you do when it comes to this industry. FWIW, I have yet to fall prey to any of these poorly run ASIC companies, and that's after being a relatively large scale miner since I joined. Due diligence, it could save you too!
January 19, 2014, 06:25:24 PM
I'm definitely not angry at cointerra as they're not even late yet...
Cointerra is late for their December and early January batch deliveries and that is not even up for debate. What is up for debate is what the value will be to you when you receive what you ordered.
I personally still think that Cointerra has the best value if they ship what was advertised before April, 2014. But if they cannot ship what was advertised, they would lose credibility, and worst, they will take a hit on their profit margin. So you see, they cannot afford to ship less than what was advertised. They are going to resolve what ever outstanding issues they have, or die trying. So that only increases my confidence that I will get what was advertised, though it will arrive much later than what was advertised.
notice that he said his HF orders are late since Oct yet Conterra isn't per the ToS... well, that ToS says that HF is only late a few weeks not months as well
hashfast charged me more for an october batch than cointerra did for a january batch (several times more). neither of them have shipped yet. i suspect both of them could potentially ship quite soon (week or two?). whether either of them ship by end of jan is unknown but i hope they both will. at least in cointerra's case.. they're talking to us. they give regular weekly updates which makes me feel a little more informed.
I'm more worried about whether i should give up on hashfast and cancel my order (and take my dollar refund option) than i am my cointerra order, which still, even today, even allowing for an amount of lateness... is STILL a better deal for me than the hashfast deal i have. there's a huuuge difference in the amount i paid cointerra per gh than what i paid hashfast... and being commercially minded, i have to take that into account in my calculations of whats the best outcome.
January 19, 2014, 05:39:48 PM
Sorry noob, but you're wrong.
yeah! i´m a noob!
and you are a Hero Member!
i know why i am in your eyes a noob: 1. you think that i never heard anything about BFL. (i waited my BFL singles more than 10 months)....
Quote
ice and his baby jets are late more than any other asic producer in whole asic history.
wtf?
January 19, 2014, 05:19:25 PM
Sorry noob, but you're wrong.
yeah! i´m a noob!
and you are a Hero Member!
i know why i am in your eyes a noob: 1. you think that i never heard anything about BFL. (i waited my BFL singles more than 10 months) 2. i did not write enough shit in this forum to be a hero member. 3. best advice is your advice, for sure.
maybe my comments are dumb for you, but i at least are not just saying something without content like "dumb comments are not welcome here".
that is just the dumbest comment here what i have been seeing here. Take some time and just say why you find my comment "dumb", istead of saying that it is "dumb"!
show to this noob here, that you are not a noob or you are just better and know more than this noob...
January 19, 2014, 05:08:39 PM
Well since you have so much extra 'access' why don't you tell us wtf is going on over there, and if you're such big buyer i don't know why you're acting so cool and collected about this and defending them, you should be more angry than anyone on this forum.
put this into context. i ordered a lot of hashfast systems and they're more than 3 months late(!) and I'm not angry at them either. Sure, I'm negotiating with them - in good faith - as to what happens now, as i feel I've overpaid with my order compared to when I'm going to receive it. i paid a lot more, per gh for my hashfast systems than i did for my cointerra systems on the basis that the hashfast ones were sposed to arrive 2-3 months ahead of the cointerra ones. Cointerra by comparison was a bargain - especially now that it looks like they both could ship in the same few week window, yet one was significantly cheaper than the other. had hashfast delivered in october, that too would've been well priced... and it was on that basis that i ordered from them.
I'm definitely not angry at cointerra as they're not even late yet... and I'm still hopeful that the january batch will ship in january - they still have two weeks left (to start shipping, at least). if it slips into february i won't be angry at them either.. as thats part of the deal i signed up to. if they delay til march or april, i will probably start to get more anxious! but angry... no, not ever!
if i was ordering new equipment, NOW, i couldn't get it in the same timeframe, at a similar price.
btw, if anyone does want to cancel their batch 1 hashfast or batch 1 cointerra, let me know... as i might want to buy it ! i can't buy anything cheaper in that delivery timeframe.
And if you don´t have funds to buy them anymore, then i will buy them! just PM to me and we are in deal!
you are just hitting the point: its not only keeping the shipping terms (of course its important and would be nice), more important is who is delivering first!
i will buy any early order of CT with reasonable price.
I'm definitely not angry at cointerra as they're not even late yet...
Cointerra is late for their December and early January batch deliveries and that is not even up for debate. What is up for debate is what the value will be to you when you receive what you ordered.
I personally still think that Cointerra has the best value if they ship what was advertised before April, 2014. But if they cannot ship what was advertised, they would lose credibility, and worst, they will take a hit on their profit margin. So you see, they cannot afford to ship less than what was advertised. They are going to resolve what ever outstanding issues they have, or die trying. So that only increases my confidence that I will get what was advertised, though it will arrive much later than what was advertised.
notice that he said his HF orders are late since Oct yet Conterra isn't per the ToS... well, that ToS says that HF is only late a few weeks not months as well
you are not really right. HF is not late only few weeks. they are late months. what you mean is that they are few weeks over their (full) customer-protection-plan... there is a big difference!
January 19, 2014, 05:01:38 PM
if you are really sure that ice is right then just try to keep your mouth shut. ice and his baby jets are late more than any other asic producer in whole asic history.
Sorry noob, but you're wrong.
Quote
dumb comments are not welcome here.
Ever considered taking your own advice?
January 19, 2014, 04:43:59 PM
They are technically "LATE" if they told us "EARLY JANUARY" and it is now Jan 19th with no shipped units. There is no debating that.
I hate to say this, but Icebreaker was right. He predicted we wouldn't see machines until Feb.
I hate to say this, but Icebreaker was right. He predicted we wouldn't see machines until Feb.
if you are really sure that ice is right then just try to keep your mouth shut. ice and his baby jets are late more than any other asic producer in whole asic history. Volcanic, i always found your writings interesting, but taking preference to ice you just are going to far.
some times ago (some months) i had to make decision between CT and HF and i decided to choose CT. this deal goes about several 10k of $ and i am still not unhappy that i decided for CT.
YES!!!! they are late, but not such late as HF (preferred asicminerproducer of icebreaker). and price is better... i think that all those producers have their problems but CT is still in acceptable delay. if my terras are not shipped until first week (early january batch)of february, maybe i will think like you: just negative. but in one thing i am very sure: CT will be earlier as HF with any units.
Ordering ANY product and expecting them late is LAUGHABLE, they were marketing on the fact that other ASIC manufactures had problems with late shipments and said they would be different.
no, its laughable to order from asic-vendors and expecting them to deliver right at their promised delivery date. THATS LAUGHABLE and NAIVE.
So you guys are saying "What did you expect? Its an asic company! We should have expected them to fail!"
yeah nice logic there... good job at defending cointerra, idiots
I like how the entire bitcoin community has been conditioned to just lay down and take it in the ass from these asic manufactures.
@ImI & @Plato14: yeah! some kind of way you are right! but one simple way not!!! do you understand that some (most of those who ordered by CT) did not count that they are in time, but they were SURE that CT will be one of the firstones who is abel to ship miners with this prices with 2 TH?
i think we are somewhere, where 3 different worlds are meeting: 1. producers (maybe they knew that they will have delay); 2. People who ordered their miners (They invested real money, were not begging it together over forums or ebay, and counted with eventual delay); and 3. Beggars/criticers (anyway... the have nothing to say, because they do not have say anything... they are just scammers or they will end up in 0 profit.)
witch classification are you? none of them?
sorry, then just try to be quiet and let things go as they will go.
dumb comments are not welcome here.
Thanks! and sorry about my bad englisch.
January 19, 2014, 04:26:01 PM
I'm a customer of both HashFast and cointerra. I believe cointerra customers are in better shoes right now.
January 19, 2014, 04:10:32 PM
Any idea of price per GH/s?
I am trying to decide to wait for you, or order through KnC.
I am trying to decide to wait for you, or order through KnC.
If you are ok with discarding your KNC product in a couple of months after purchase, then go for it.
January 19, 2014, 03:07:26 PM
I'm definitely not angry at cointerra as they're not even late yet...
Cointerra is late for their December and early January batch deliveries and that is not even up for debate. What is up for debate is what the value will be to you when you receive what you ordered.
I personally still think that Cointerra has the best value if they ship what was advertised before April, 2014. But if they cannot ship what was advertised, they would lose credibility, and worst, they will take a hit on their profit margin. So you see, they cannot afford to ship less than what was advertised. They are going to resolve what ever outstanding issues they have, or die trying. So that only increases my confidence that I will get what was advertised, though it will arrive much later than what was advertised.
notice that he said his HF orders are late since Oct yet Conterra isn't per the ToS... well, that ToS says that HF is only late a few weeks not months as well
If the TOS told most of their customers that they had to murder a family member each time they mined a bitcoin, there would be people left and right defending that terms are completely legitimate. 'Those darn ASIC companies' (smothers grandma with a pillow)
January 19, 2014, 03:04:55 PM
if anyone wants to meet up next week I'm gonna be in miami for the bitcoin conference.
may also swing by cointerra if they've got anything cool to see. hoping for a working system soon!
-- Jez
may also swing by cointerra if they've got anything cool to see. hoping for a working system soon!
-- Jez
We will be there, even have a booth
January 19, 2014, 03:04:44 PM
I'm definitely not angry at cointerra as they're not even late yet...
Cointerra is late for their December and early January batch deliveries and that is not even up for debate. What is up for debate is what the value will be to you when you receive what you ordered.
I personally still think that Cointerra has the best value if they ship what was advertised before April, 2014. But if they cannot ship what was advertised, they would lose credibility, and worst, they will take a hit on their profit margin. So you see, they cannot afford to ship less than what was advertised. They are going to resolve what ever outstanding issues they have, or die trying. So that only increases my confidence that I will get what was advertised, though it will arrive much later than what was advertised.
notice that he said his HF orders are late since Oct yet Conterra isn't per the ToS... well, that ToS says that HF is only late a few weeks not months as well
Well said, and for a volume customer he or she should know that you can negotiate your own ToS if you have enough buying power. The ToS that is out there now on their website is not the same ToS that accompanied my order.
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