Topic: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s - page 6. (Read 231002 times)

here's a novel idea, Cointerra.  Make it right for those of us that paid 6k and got underspec units.  I didn't buy a 1.6 Th/s unit; I was sold, and paid for, a 2.0 Th/s unit.   

Typical of lazy Cointerra run by Ravi and Timo....only selling a pack of 525. How about a 100 pack is that not "big money" enough?

Irony though is that you spend 100K with them and they likely still only want to deal with you via email and if you talk with them by phone you are stuck with frontline employees.

Another sign that they're short on cash:

http://cointerra.com/product/goldstrike/

After you've paid the NRE costs, there's no cheaper product to produce than a big box of chips.

May 21st, 2014

Dear Ed,

We are getting in touch with you because you have previously requested a refund of your CoinTerra hardware order.

At the time of your refund request, it was likely communicated to you that we typically take between 2-4 weeks to process refunds. Unfortunately, we received a larger quantity of refund requests around the time that we started to ship our April batch of TerraMiners to customers, and as a result we are running behind on processing them, as they are refunded in the order in which the refund request is received.

Your refund request is still active, and we are currently anticipating between 8 and 12 weeks processing time for some refunds.  We will continue to work towards processing the refunds as quickly as possible.

However, we would also like to share with you two incredible limited-time offers that, should you choose, will quickly get you back on track with your bitcoin mining activities:

Option 1

Some customers requested their refund because of the hash power deficit of 400 GH/s in the 1.6 TH/s units. With manufacturing running at full capacity we are now able to ship the 1.6 TH/s TerraMiners immediately from stock, and so for a limited time, if you are a US resident customer* who purchased at the original price of $5,999 (plus shipping) we can ship you 2 x your original order of TerraMiner IV 1.6 TH/s Bitcoin miners with FREE ground shipping on the additional unit(s).  That’s 3.2 TH/s for the same price paid for 2 TH/s!

An order for 1 x TerraMiner IV at $5,999 entitles you to receive a second TerraMiner IV with FREE UPS Ground shipping. An order of 2 x TerraMiner IV’s with total price of $11,998 + shipping entitles you to receive 4 x TerraMiner IV 1.6 TH/s shipped immediately with FREE UPS Ground shipping for the additional 2 units.

Option 2

Some customers requested a refund because for whatever reason they were unable to run the TerraMiners in their location.  We have been working on a solution to this problem and you may have read the announcement on May 12th that we have now launched a new service offering cloud-based Bitcoin Mining Contracts through CoinTerra Mining at:

http://mining.cointerra.com

A cloud-based mining contract is a solution where you receive regular payouts at the contracted hash power for a fixed term, powered by our scalable TerraMiner farm in a 24 x 7 datacenter: No equipment, no electricity costs, and no hands-on system management required.

For a limited time we are offering the equivalent of your purchase price of each TerraMiner converted to the 2 TH/s mining contract which is currently priced at $7,999 - a savings of $2,000!  If you have 2 x TerraMiner IV’s then you will get 2 x 2 TH/s plans, etc.

To discuss your order, please reply to this email with your preferred phone number and time of day to reach you (please include your time zone) and we will get in touch. If you are only able to communicate via email (for example, if you are not comfortable speaking in English) then please reply to this email and we will get back in touch.

In the event that you these offers do not interest you, we completely understand and we will keep you on the refund list and we thank you for your ongoing patience and understanding as we work to stay ahead in the incredibly fast-moving Bitcoin ecosystem.

Please do not hesitate to reach out to us if you have any questions.

 

Team CoinTerra

[email protected]

Dusty, quote from user guide to restore original firmware;

" To initiate a Factory Restore, press and hold the Reset button recessed in the hole on the front panel

with a pin or similar object. After a couple of seconds the CTR1 LED will flash red, at which point you

should release the Reset button and the red LED will turn off. After a few seconds the factory firmware

will be copied and the TerraMiner will reboot as normal. You will now need to reconfigure the

TerraMiner’s settings (or restore your settings using the Import Configuration File option.)"

Did you try that?

OMG more Plan B\


Why are so many companies giving away free extra asic miners?  Is it to trap them for more future pre-order equipment promising more and more power