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Topic: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s - page 62. (Read 231002 times)

sr. member
Activity: 462
Merit: 250
Yes this stall in their updates is driving me nuts.  Every day is over $500 in the fucking garbage.
Give me my machine.

I'm sure they will give a professional excuse acceptable reason for the extraordinary circumstances that led to the unforeseen delay since they are the most professional of all professionals

at least that's what said about these all-stars over and over


 Kiss
sr. member
Activity: 392
Merit: 250
Yes this stall in their updates is driving me nuts.  Every day is over $500 in the fucking garbage.
Give me my machine.
legendary
Activity: 1876
Merit: 1000
The last two updates were posted on Tuesday - 31 Dec and 7 Jan... so here's hoping that they might post an update tomorrow if they want to keep to a weekly schedule. Smiley

Will

I ordered another terraminer last night.. but I will not wire them anymore money till I see they have a working miner.  Didn't KNC go from chip to miner in 1 day?  it has been over a week since the 'bring up and testing' they should be telling us something by now.
member
Activity: 117
Merit: 10
Can DEC customers please come forward and tell us what was said directly to them?

Cointerra has not contacted December orders about shipping. They have contacted them regarding the bonus March order. Thus, all December orders have been changed from X December TerraMiner orders to a combinations of X December Terraminers and X March Terraminer orders. That is all.
sr. member
Activity: 392
Merit: 250
"Any news on the first batch?? Not sure what's going on here "

Mansoor Ahmad, Yesterday at 1:55 PM
#3
megaminer
megaminer Moderator

    Jan555,

    .......As for DEC orders all of those who have DEC orders have been contacted by Cointerra directly. I am hopeful we get news of shipping soon.

"



Can DEC customers please come forward and tell us what was said directly to them?
full member
Activity: 127
Merit: 100
so it looks like January batches are now officially late, as they were always referred to by Cointerra as the Early January batch.  We are almost in the middle of January now..

Indeed i will be giving them a call on the 15th of January to bother them about my 'EARLY' january orders
sr. member
Activity: 278
Merit: 250
I don't think its fair to say that "because other asic manufacturers over promise and under deliver, then that makes it okay and its expected".  Just because everyone else set the bar real low doesn't mean it is acceptable for Cointerra to do it. 

That's correct. It is not fair because there are some who buy a product and expect it to be delivered on time. Hopefully, they come out with some news, good or bad, within the next couple of days.
hero member
Activity: 767
Merit: 500
The last two updates were posted on Tuesday - 31 Dec and 7 Jan... so here's hoping that they might post an update tomorrow if they want to keep to a weekly schedule. Smiley

Will
sr. member
Activity: 392
Merit: 250
so it looks like January batches are now officially late, as they were always referred to by Cointerra as the Early January batch.  We are almost in the middle of January now..

Yes that is correct, the December and the January batches are officially late using Cointerra's own delivery schedule. But keep in mind that all Bitcoin ASIC manufactures always say that they are on track to be on time, and all of them so far have been late - KnCMiner being the least late. When placing your order, assume that it is going to be late and hope for the best and you will not be disappointed.

Additionally, Cointerra is still within their grace period before they start to compensate the December batch orders  with additional hashing power. Though, it may not mean much if most people receive their miners on or about the same time as you receive yours, which is what will happen.

With that said, we still have a couple of unknowns: What will the final complete system power draw and the final price per GH/s be? Cointerra still has the best pricing, but that may not be the case if KnCMiner exceeds their advertised hash rate with their next generation hardware. I have said it before, KnCMiner is Cointerra's biggest competition, not HashFast ( iCEBREAKER ).



I don't think its fair to say that "because other asic manufacturers over promise and under deliver, then that makes it okay and its expected".  Just because everyone else set the bar real low doesn't mean it is acceptable for Cointerra to do it. 
sr. member
Activity: 278
Merit: 250
so it looks like January batches are now officially late, as they were always referred to by Cointerra as the Early January batch.  We are almost in the middle of January now..

Yes that is correct, the December and the January batches are officially late using Cointerra's own delivery schedule. But keep in mind that all Bitcoin ASIC manufactures always say that they are on track to be on time, and all of them so far have been late - KnCMiner being the least late. When placing your order, assume that it is going to be late and hope for the best and you will not be disappointed.

Additionally, Cointerra is still within their grace period before they start to compensate the December batch orders  with additional hashing power. Though, it may not mean much if most people receive their miners on or about the same time as you receive yours, which is what will happen.

With that said, we still have a couple of unknowns: What will the final complete system power draw and the final price per GH/s be? Cointerra still has the best pricing, but that may not be the case if KnCMiner exceeds their advertised hash rate with their next generation hardware. I have said it before, KnCMiner is Cointerra's biggest competition, not HashFast ( iCEBREAKER ).
legendary
Activity: 1876
Merit: 1000
last update was "bring up and testing"  nearly 7 days ago.. any word of anything since then??

I hate when there is silence right when we should be hearing news of a hashing device....KNC did it in one day?

Quote
We will continue to post engineering updates reporting progress so check back with us soon

sr. member
Activity: 392
Merit: 250
so it looks like January batches are now officially late, as they were always referred to by Cointerra as the Early January batch.  We are almost in the middle of January now..
full member
Activity: 238
Merit: 100
There are limits on how many units can be made per unit of time

Theoretically, yes.  But practically, we are so incredibly far removed from that, it doesnt really matter. Where exactly do you see a long term bottleneck?
If you think its assembly; globally we are currently producing ~50M less PC's than last year. Imagine even if only that (assumed idle) assembly capacity is brought to bitcoin miners, then the industry could assemble ~10 EH worth for Cointerra rigs per month based on idle capacity alone.

In that case 10EH/month would be the bottleneck. If the bitcoin difficulty were to grow at the rate it's been growing, we'd have to surpass 10EH/mo in less then 10 months.  Sooner then the end of 2014. 

And of course, people need to make the investments needed to make these things happen.  The faster the growth, the larger the upfront investment will need to be.
member
Activity: 117
Merit: 10
i am sure that every terraminer can run efficient in p2pool and they already did everything that it is possible, but they can't make node for miners, that we have to make ourselves.

That's right, you need bitcoind and p2pool clients running on the node, this will almost certainly be too demanding a burden on the controlling device running cgminer.

What controller is Cointerra using, do we know the answer yet? Anyone?

Cointerra is using a BeagleBone Black controller board, same as KNC, and using a Texas Instruments TM4C1233 80MHz 32-bit microcontroller for intermediate firmware (not sure what for, but it can be seen in the board photos).
legendary
Activity: 3430
Merit: 3080
i am sure that every terraminer can run efficient in p2pool and they already did everything that it is possible, but they can't make node for miners, that we have to make ourselves.

That's right, you need bitcoind and p2pool clients running on the node, this will almost certainly be too demanding a burden on the controlling device running cgminer.

What controller is Cointerra using, do we know the answer yet? Anyone?
member
Activity: 112
Merit: 10
Just Fun!
p2pool does not go down.

Individual nodes do. But that's nothing to do with p2pool, it's attributable to loss of internet access local to the node.


ckolivas has confirmed that all the hardware and driver design for the Terraminer IV does/will conform to what is required for efficient operation on p2pool (long polling, stratum). That's not to say that there won't be possible improvements once the real hardware is available, but it appears that everything is being done to make the Cointerra units work on p2pool from the outset.

that is actually what i said, exept infos from ckolivas.
individual/public nodes are pretty unstabile. of course its not a problem of p2pool, more likely problem of nodes and their setup (hardware, software etc.)

driver design of terra miner can be conform of p2pool and in general i have no doubts that terraminer can run efficient in p2pool, only problem is that the miner hast to be connected to one node and is not able to have node in itself. that means, that with terraminer you will need one stabile node in p2pool network. using public nodes is now not really a good alternative, because most of nodes are pretty unstabile. if you would have some miners like BFL (plugged in one computer witch can function as node) it would not be a big problem to run your terraminer in this node to. still you would eventually have problems with latency (if it is not good enough) because terraminers are not directly connected to your node (in this case BFL miners would be directly connected and latency would be almost unimportant), so you have to "push-up" your node: memory, stabilization of internet access, etc).
i am sure that every terraminer can run efficient in p2pool and they already did everything that it is possible, but they can't make node for miners, that we have to make ourselves.
legendary
Activity: 3430
Merit: 3080
p2pool does not go down.

Individual nodes do. But that's nothing to do with p2pool, it's attributable to loss of internet access local to the node.


ckolivas has confirmed that all the hardware and driver design for the Terraminer IV does/will conform to what is required for efficient operation on p2pool (long polling, stratum). That's not to say that there won't be possible improvements once the real hardware is available, but it appears that everything is being done to make the Cointerra units work on p2pool from the outset.
member
Activity: 112
Merit: 10
Just Fun!
Mine @ p2pool

I think that the cointerra customers are going to put a lot of hashing power on the network here in the next few months. It would be tragic if we were to put most of that hashing power on the big pools i.e. ghash.io, btcguild, or elegius. If we brought all of this hashing power to p2pool we that would be awesome and would help keep the network decentralized. There are no fees and the pool is hardly ever down. Its really not that hard to setup and setting up a node is really not that bad if you have a little extra room on your hard drive for the client, and if you don't you can always use someone else's node. Here is a link that makes it really easy to setup, i also hear that some people are working on a GUI to make it even easier to use.

http://p2pool.in

Edit :  http://www.reddit.com/r/Bitcoin/comments/1uz4g0/p2pgui_a_gui_for_mining_using_p2poolorg/

Edit:  http://p2pool.org

in some points you are deffinently right: it is very important, that not all the hashing power goes to big pools and it is time that small and good pools start to grow.
in some points i have to say that your given informations are not really correct or they are correct only in some points.
1. please notice that p2pool.info is the mining pool and p2pool.org not. p2pool.org is practically only one node of p2pool. same as elizium.name or any other node.
2. yeah! you are right, p2pool is hardly down! but... many nodes are very unstabile!!! it happens pretty often, that even bigger nodes are down (like elizium.namen in last months). if miners want to have stability, they should have own node or they have to try to find node witch they really can trust. second problem is, that sometimes nodes make mistakes and lots of hashing power just gets lost somehow... (i had 60GH running nonstop in p2pool and did not get anything. i was in holiday and could not change anything.) and if it gets lost, you are not able to ask from anybody why it disappeared...
3. Making node is easy? yeah, right!!! did you greate one yourself? it´s really easy to greate the node, but if you want that it works stabile and good and if you think that there are some more people who would like to use your node, then it is not really such easy. all parameters have to be good to be able to mine really effective. most nodes have latency (and that is only one parameter out auf many) of 0,5 and that means that effective mining is actually not possible... at least not when it´s not your own node.
4. its not such important in this case, but don't forget, that most of new miner hardware  don't need any computer, so if you want to make your own node, then you  will have one electricity-eating-noise-and-heat-producing machine more to run.

Not everything is such easy and effective as it looks in the first moment...

I like p2pool.info very much, but i see those big problems and not many people are trying to solve them. i would not have anything against one node who takes some kind of low fee (0,2-1,0%) and puts up node witch is stabile and user can get some kind of support. so if user has a problem, they can get at least some kind of information about existing problem.

to get people to p2pool several things have to change. i have ordered 4 terra miner and when they get shipped i would like to mine in p2pool, but so as it is now i am not sure i will do it. making own node, for that i don't have enough skills/patience and as i said already: enough computer/miner running already anyway, no need for one more.

regs,
Tegija
sr. member
Activity: 392
Merit: 250
If Cointerra decides not to sell their soul to devil and deliberately take a month to test our chips, I think they will be KNC's ultimate competitor for the coming years.   6 months down the road they will be the only 2 left standing I think, like microsoft vs apple.  This is if Cointerra actually delivers in a reasonable time frame..
legendary
Activity: 1372
Merit: 1003
Mine @ p2pool

I think that the cointerra customers are going to put a lot of hashing power on the network here in the next few months. It would be tragic if we were to put most of that hashing power on the big pools i.e. ghash.io, btcguild, or elegius. If we brought all of this hashing power to p2pool we that would be awesome and would help keep the network decentralized. There are no fees and the pool is hardly ever down. Its really not that hard to setup and setting up a node is really not that bad if you have a little extra room on your hard drive for the client, and if you don't you can always use someone else's node. Here is a link that makes it really easy to setup, i also hear that some people are working on a GUI to make it even easier to use.

http://p2pool.in

i like p2p and think its longterm the way to go

but, with knc jupiters there were massive performance declines on p2p and alot of miners switched.

i hope that those problems will be sorted out sometime.

KNC Jupiter's have been working well on P2Pool for a while now.  Although yes CT should work with P2Pool dev's to make sure their machines work well with the pool from the start.  Also I can recommend the pool Bitparking.  Which is a very small pool (to help decentralisation) where you can also merge-mine up to five other alt-coins.  Merge-ming alt-coins is basically money for nothing and if BTC went to >$10K.  Then who know's where the alt-coin prices would go.  With a rising tide lifting all boats IMHO.
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