Topic: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s - page 66. (Read 231016 times)
January 06, 2014, 12:15:47 PM
I hope cointerra realizes that the rig could be exposed to temperatures far below 0 during transportation through cold regions. I'm worried about the freezing point of their cooling liquid... Is this taken into account for up ~ -40 celcius?
January 06, 2014, 09:09:22 AM
difficulty is going through the roof right now 
while its true that difficulty is going up... it has actually slowed down, and thats a natural consequence of the number being so high that its becoming harder and harder to double every month like it has been for the last few months. i don't expect it to keep doubling every month this year... it may do once or twice more, but i think the days of doubling are hopefully almost over...
AND.. if you do the math on how much each GH costs... AND how much power is being used.. there are upper limits on how many GH's we can have, and it will most likely be a lot lower than the mining forecast web apps are predicting for the end of 2014 (as they just double each month for 12 months.. which is extremely unlikely and impossible to achieve)
-- Jez
I agree to a certain extent, but i think that the mining infrastructure has plenty of room to grow and if the price keeps increasing that gives people more incentive to buy mining hardware than to buy bitcoin, also i think we are going to see more large-scale miners getting in the game this year, these things will keep driving the difficulty this year.
One good thing that i am noticing is that cointerra is the best bet right now, hashfast seems to be imploding on itself looks like there will be a lawsuit, and although i feel for them they are in direct competition with us.
January 06, 2014, 04:19:04 AM
difficulty is going through the roof right now
while its true that difficulty is going up... it has actually slowed down, and thats a natural consequence of the number being so high that its becoming harder and harder to double every month like it has been for the last few months. i don't expect it to keep doubling every month this year... it may do once or twice more, but i think the days of doubling are hopefully almost over...
AND.. if you do the math on how much each GH costs... AND how much power is being used.. there are upper limits on how many GH's we can have, and it will most likely be a lot lower than the mining forecast web apps are predicting for the end of 2014 (as they just double each month for 12 months.. which is extremely unlikely and impossible to achieve)
-- Jez
January 05, 2014, 10:43:04 PM
difficulty is going through the roof right now
January 05, 2014, 06:35:35 PM
If I was trying to profit from this thread in some way I could understand the relevance.. but even if I was a murderer or a rapist, it has nothing to do with asking when I'm going to receive my cointerra machine
January 05, 2014, 05:40:08 PM
what is the deal with the 20th?
Ignore this person canadianguy since he admitted that he was paid by zumzero (most likely ken slaughter) to pretend that he had received an ASIC made by some AMC/VMC. I say mostly likely ken slaughter because it is strange to me how a "ceo" of a company that monitors his company's thread does not come out and deny an outright lie about shipping.i still have no idea what this has to with me asking of cointerra machines have shipped. Please explain..
January 05, 2014, 05:14:26 PM
what is the deal with the 20th?
Ignore this person canadianguy since he admitted that he was paid by zumzero (most likely ken slaughter) to pretend that he had received an ASIC made by some AMC/VMC. I say mostly likely ken slaughter because it is strange to me how a "ceo" of a company that monitors his company's thread does not come out and deny an outright lie about shipping. January 05, 2014, 05:11:41 PM
what is the deal with the 20th?
Ignore this person canadianguy since he admitted that he was paid by zumzero (most likely ken slaughter) to pretend that he had received an ASIC made by some AMC/VMC. I say mostly likely ken slaughter because it is strange to me how a "ceo" of a company that monitors his company's thread does not come out and deny an outright lie about shipping.Okay, that's great.. but what does this have anything to do with my inquiry?
January 05, 2014, 04:44:53 PM
what is the deal with the 20th?
Ignore this person canadianguy since he admitted that he was paid by zumzero (most likely ken slaughter) to pretend that he had received an ASIC made by some AMC/VMC. I say mostly likely ken slaughter because it is strange to me how a "ceo" of a company that monitors his company's thread does not come out and deny an outright lie about shipping. January 05, 2014, 03:36:15 PM
i wonder if its possible this poor canadian can get his January order by the 20th...
or is that very wishful thinking
or is that very wishful thinking
Ask them and let this poor american know because I'm on the same boat
January 05, 2014, 01:17:28 PM
i wonder if its possible this poor canadian can get his January order by the 20th...
or is that very wishful thinking
or is that very wishful thinking
January 05, 2014, 10:24:24 AM
nevermind then i guess..
i deleted my post after i realized the site was working, and then got jumped on
nice way of shitting up the thread, go us..
i deleted my post after i realized the site was working, and then got jumped on
nice way of shitting up the thread, go us..
LOL. Classic.
Are they shipping?
I think they are shipping really really soon, we are getting down to the wire here
January 05, 2014, 03:58:22 AM
nevermind then i guess..
i deleted my post after i realized the site was working, and then got jumped on
nice way of shitting up the thread, go us..
i deleted my post after i realized the site was working, and then got jumped on
nice way of shitting up the thread, go us..
LOL. Classic.
Are they shipping?
January 05, 2014, 12:33:27 AM
Hoping for an update. According to their forum, one of their employees was hoping to have december machines shipped by the weekend..
January 04, 2014, 04:02:38 AM
Like I said, take it as you want. However, it takes a lot of effort to cash out a large amount from paypal, even on a stolen account. All kinds of checks happen along the way. The auction end times are spread out between a few days.
i think its a scam too. cointerra will ship in strict priority order... and while it'd be great to think they will ship next week, they haven't shown working systems yet, and we should expect that milestone to happen before they're ready to ship. i think they will ship in jan... but not early jan so this ebay thing is a scam.
January 04, 2014, 01:29:59 AM
Quote from: RickJamesBTC
I reported them when I saw them as well, but I don't see that part about not accepting paypal, at least on the "cointerra" box options. He's quick as hell to respond to ebay messages, I asked if he could get me more than those two, he said he had three waiting for him. A good scammer would have told me they could get me up to ten if I can come up with 10k each. 
A good scammer would do exactly what that person is doing, giving you the most realistic numbers/story. 10 would raise flags, I'm sure there are many people asking and if it's a scam the "three" could be sold many times to many people... as it sounds a whole lot more realistic.
Same thing people have done in real estate, sell a house (that is not even yours) to 3 people then bone out and let the actual owner and buyers sort it out.
January 04, 2014, 01:27:59 AM
don't forget they will pump up a few similar listings with junk accounts to set the 'going rate' in hopes others feel left out and justify the high price
most likely any buyers are scammers too.. scammers vs scammers is probably why eBay doesn't want to bother with it at all
most likely any buyers are scammers too.. scammers vs scammers is probably why eBay doesn't want to bother with it at all
I do a fairly large volume of sales on ebay, and have for almost 14 years. I've sold a number of high dollar items, including cars, boats, even a KNC Jupiter during the peak, with no problem. There are plenty of honest users on ebay. A little caution is always good, but don't just rule it out.
January 04, 2014, 01:24:49 AM
don't forget they will pump up a few similar listings with junk accounts to set the 'going rate' in hopes others feel left out and justify the high price
most likely any buyers are scammers too.. scammers vs scammers is probably why eBay doesn't want to bother with it at all
most likely any buyers are scammers too.. scammers vs scammers is probably why eBay doesn't want to bother with it at all
January 04, 2014, 01:04:19 AM
Like I said, take it as you want. However, it takes a lot of effort to cash out a large amount from paypal, even on a stolen account. All kinds of checks happen along the way. The auction end times are spread out between a few days.
That's what I previously thought, but they then state Paypal has limited their ability to receive large sums due to the volume of miners he has sold, will have to be bank transfer or BTC if you want it, the greedier fools then cough up. Saw a guy do it just before Christmas with a load of 350 Gh/s Avalon clones that supposedly were made by ASICminer using his new 55nm chips he's not developing?! In any case I told eBay it was fraud, I rang twice, and they did nothing. He had 24 auctions ending at approx $7k...
I reported them when I saw them as well, but I don't see that part about not accepting paypal, at least on the "cointerra" box options. He's quick as hell to respond to ebay messages, I asked if he could get me more than those two, he said he had three waiting for him. A good scammer would have told me they could get me up to ten if I can come up with 10k each.
January 04, 2014, 01:00:24 AM
Like I said, take it as you want. However, it takes a lot of effort to cash out a large amount from paypal, even on a stolen account. All kinds of checks happen along the way. The auction end times are spread out between a few days.
That's what I previously thought, but they then state Paypal has limited their ability to receive large sums due to the volume of miners he has sold, will have to be bank transfer or BTC if you want it, the greedier fools then cough up. Saw a guy do it just before Christmas with a load of 350 Gh/s Avalon clones that supposedly were made by ASICminer using his new 55nm chips he's not developing?! In any case I told eBay it was fraud, I rang twice, and they did nothing. He had 24 auctions ending at approx $7k...
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