Cointerra doesn't understand economics of Bicoin mining. That was apparent when they came out with the Terraminer for December delivery priced at $14,000. Granted, they brought down the price a little bit after they realized no one would buy it for that price. They were still overpriced at 12.5k.
The fact that they only have the February shipping date Terraminer for sale right now is not a good sign. It seems like maybe that's the earliest they think they could ship. They are already a month behind schedule on tape out. It's not looking good. I'm glad I passed on Cointerra.
Topic: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s - page 88. (Read 231002 times)
November 07, 2013, 04:29:26 AM
November 07, 2013, 03:06:29 AM
Humm...
Now they only sell the 2 TH/s miner...February batch...
Now they only sell the 2 TH/s miner...February batch...
February is ages away in difficulty changes. It sounds like such a long ways out. You need 2TH right now to generate what Day1 KnC customers were generating just one month ago. 2TH for $6K in February is crap.
Highway robbery.
November 07, 2013, 02:55:59 AM
Humm...
Now they only sell the 2 TH/s miner...February batch...
Now they only sell the 2 TH/s miner...February batch...
November 07, 2013, 01:52:50 AM
oh ye 
November 07, 2013, 01:46:33 AM
November 07, 2013, 12:09:04 AM
Tapeout news is coming?
November 07, 2013, 12:08:21 AM
Tapeout news is coming!
November 07, 2013, 12:06:18 AM
Tapeout news coming...
November 06, 2013, 10:31:30 PM
November 5th, 2013 – Austin, TX – CoinTerra®, (www.cointerra.com) the performance and value leader in ASIC Bitcoin mining solutions is happy to announce that we are now offering TerraMiner® II and IV premium hosting through a partnership with exclusive hosting referral service TerraMine Hosting® (www.terraminehosting.com).
Domain Name: TERRAMINEHOSTING.COM
Registrar URL: http://www.godaddy.com
Registrant Name: Ravi Iyengar
Registrant Organization:
Name Server: SETH.NS.CLOUDFLARE.COM
Name Server: VERA.NS.CLOUDFLARE.COM
You trust this guy?
You can tell from his face that he will stab his own mother.
Domain Name: TERRAMINEHOSTING.COM
Registrar URL: http://www.godaddy.com
Registrant Name: Ravi Iyengar
Registrant Organization:
Name Server: SETH.NS.CLOUDFLARE.COM
Name Server: VERA.NS.CLOUDFLARE.COM
You trust this guy?
You can tell from his face that he will stab his own mother.
What's up with all the ASIC vendors selling hosting instead of miners and/or bare chips? And yes MOAR boxes with fans because that's what drives the sales upward!!!
November 06, 2013, 09:27:25 PM
November 5th, 2013 – Austin, TX – CoinTerra®, (www.cointerra.com) the performance and value leader in ASIC Bitcoin mining solutions is happy to announce that we are now offering TerraMiner® II and IV premium hosting through a partnership with exclusive hosting referral service TerraMine Hosting® (www.terraminehosting.com).
Domain Name: TERRAMINEHOSTING.COM
Registrar URL: http://www.godaddy.com
Registrant Name: Ravi Iyengar
Registrant Organization:
Name Server: SETH.NS.CLOUDFLARE.COM
Name Server: VERA.NS.CLOUDFLARE.COM
You trust this guy?
You can tell from his face that he will stab his own mother.
Domain Name: TERRAMINEHOSTING.COM
Registrar URL: http://www.godaddy.com
Registrant Name: Ravi Iyengar
Registrant Organization:
Name Server: SETH.NS.CLOUDFLARE.COM
Name Server: VERA.NS.CLOUDFLARE.COM
You trust this guy?
You can tell from his face that he will stab his own mother.
November 06, 2013, 08:15:00 PM
ahh shit.. preorder for sale.. anyone? 
November 06, 2013, 08:43:02 AM
hope it is not Alydian
November 06, 2013, 02:10:23 AM
Cointerra is hiring, what this means? Expanding or lost in the woods?
http://cointerra.com/news/
Hiring: Lead Physical Design Engineer, Hiring: Principal Design Engineer,Hiring: Principal Verification Engineer
http://cointerra.com/news/
Hiring: Lead Physical Design Engineer, Hiring: Principal Design Engineer,Hiring: Principal Verification Engineer
Hmm.... does not look good.
November 06, 2013, 01:46:22 AM
Cointerra is hiring, what this means? Expanding or lost in the woods?
http://cointerra.com/news/
Hiring: Lead Physical Design Engineer, Hiring: Principal Design Engineer,Hiring: Principal Verification Engineer
http://cointerra.com/news/
Hiring: Lead Physical Design Engineer, Hiring: Principal Design Engineer,Hiring: Principal Verification Engineer
November 05, 2013, 09:34:36 AM
If i where to be able to move my bet from HF to Cointerra, i would.
Really? You got way too much money to waste! All that profits from Avalon B2 must have screwed with your head. Oh well, you know what they say, easy come, easy go...
November 05, 2013, 09:32:19 AM
If i where to be able to move my bet from HF to Cointerra, i would.
Really? You got way too much money to waste! All that profits from Avalon B2 must have screwed with your head. Oh well, you know what they say, easy come, easy go...
November 05, 2013, 09:27:20 AM
If i where to be able to move my bet from HF to Cointerra, i would.
November 05, 2013, 09:23:00 AM
I'm thinking of requesting a refund on my 2th.. doesn't look like they are on schedule
how are you going to get a refund?
http://cointerra.com/consumer-sales-agreement/
they are pretty clear that they don't want to ever give any money back for any reason
Sorry, Cointerra wasted all your money on a failed attempt to fix a broken chip design.
When more than a month has passed since mock tape-out, and no word of actual tape-out is spoken, we can read between the lines and see something is seriously wrong.
Cointerra probably realized their initial design was unworkable, had to start over from scratch, and then found out the second design wouldn't work either.
So far Cointerra's business model is:
1) Collect $$$ from pre-orders and investdurrs.
2) Waste money on failed chip designs
3)
4) PROFIT
Explain to me how this would be different from your 'heroes' Hashfast? Seems you troll every single ASIC project except the one you ordered from.
Have you been living under a rock? The "only" difference is HashFast taped out 2 months ago, so at least, they have spent customers' money in NRE cost and making actual chips, but where is the money that went into CoinTerra's pockets? Have anything been accomplished other than paying for Google Adwords advertisements?
http://www.uniquify.com/hashfast-and-uniquify-announce-tape-out-of-golden-nonce-bitcoin-network-transaction-verification-chip-to-tsmcs-28hpm-process/
Where is the PR where uniquify announced that they where on schedule for having the chips ready at the end of october? I was sure to have read it, but not it disappeared...
Ot here anyway, i will crosspost to the right poor's thread.
But you don't understand. He really wants to win a Babyjet so shilling for Hashfast is a small price to pay! They came out a week ago and said they would be a month late but they are obviously still better then anyone else.
Yes, I really want to win my non-existing BabyJet
But seriously, you are the one who ask to explain how CoinTerra is different from HashFast and I gave you a factual answer, and it is obviously you are clueless about what is going on outside of CoinTerra and too busy drooling over their high-schooler 3D CAD drawing, which btw HashFast has actual photos of the Sierra chassis taken at their manufacturing facility no less. So yeah, CoinTerra is no different than HashFast if you are saying neither one has a working ASIC hashing machine. You could have also said the same thing about KnC back in September, but look where they are now.The fact is HashFast is making and showing progress and CoinTerra is not. This is not to say HashFast will not end up being BFL (1 year late), but they could also very well be KnC (albeit a month or 2 late).
November 05, 2013, 09:02:15 AM
I'm thinking of requesting a refund on my 2th.. doesn't look like they are on schedule
how are you going to get a refund?
http://cointerra.com/consumer-sales-agreement/
they are pretty clear that they don't want to ever give any money back for any reason
Sorry, Cointerra wasted all your money on a failed attempt to fix a broken chip design.
When more than a month has passed since mock tape-out, and no word of actual tape-out is spoken, we can read between the lines and see something is seriously wrong.
Cointerra probably realized their initial design was unworkable, had to start over from scratch, and then found out the second design wouldn't work either.
So far Cointerra's business model is:
1) Collect $$$ from pre-orders and investdurrs.
2) Waste money on failed chip designs
3)
4) PROFIT
Explain to me how this would be different from your 'heroes' Hashfast? Seems you troll every single ASIC project except the one you ordered from.
Have you been living under a rock? The "only" difference is HashFast taped out 2 months ago, so at least, they have spent customers' money in NRE cost and making actual chips, but where is the money that went into CoinTerra's pockets? Have anything been accomplished other than paying for Google Adwords advertisements?
http://www.uniquify.com/hashfast-and-uniquify-announce-tape-out-of-golden-nonce-bitcoin-network-transaction-verification-chip-to-tsmcs-28hpm-process/
Where is the PR where uniquify announced that they where on schedule for having the chips ready at the end of october? I was sure to have read it, but not it disappeared...
Ot here anyway, i will crosspost to the right poor's thread.
But you don't understand. He really wants to win a Babyjet so shilling for Hashfast is a small price to pay! They came out a week ago and said they would be a month late but they are obviously still better then anyone else.
November 05, 2013, 09:02:04 AM
When can I order these for immediate shipping? No more pre-orders without CC or PayPal for me.
ditto the days of we get your money and ship late are gone imho esp since knc at least got out the door mostly on time and they take cc and paypal yet..the last I think to do so
no more "trust" like I gave to BFL ..cc or paypal only from now on for this boy also
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