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Topic: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s - page 94. (Read 231016 times)

legendary
Activity: 980
Merit: 1040
just out of interest... do you think 117% monthly net difficulty rise is sustainable (and/or likely) for the entire year?

Nope, but its certainly sustainable for the next months which are the ones that truly matter. KnC alone has the production and assembly capacity for ~4 PH per month, and they are looking to expand that. During the next few months, we will see the race joined by Hashfast, Activeminer, Bitmine.ch, Cointerra, possibly even BFL (monarch) and maybe some dark horses (asicminer, avalon, bitfury, .. ?). 117% monthly may well turn out to be a too conservative estimate for the next 4-5 months. Sometime next year it will inevitably slow down but by that time, no one who placed his order today will really care anymore.
hero member
Activity: 702
Merit: 500

just out of interest... do you think 117% monthly net difficulty rise is sustainable (and/or likely) for the entire year?

and have you tried running any and every miner through the same forecast assumptions?  (answer: using those assumptions, there is no miner available that you can buy today, that will do any better)

so the only question is, are those the right assumptions?
legendary
Activity: 1904
Merit: 1007
CoinTerra does state in the release that: "CoinTerra® is on schedule for December 2013 delivery date for the first batch of TerraMiner™, with mock tape-out already performed and tape-out soon to follow. ". So with mock tape-out done tape out should not be far behind, as a mock tape-out is a very close-in-time preparation for actual tape out.

i quite like the renders.. its nice to see whats inside.   even xcrowd, with their (very) pretty renders, didnt show what the insides looked like (presumably because they didnt get close to designing them ;-)

fwiw, hashfast had this to say on mock tape-out...

https://hashfast.com/countdown-to-tapeout/


HF is currently working on producing 3D renders.

Of what's already real stock?

@aerobatic I'm sorry but BFL's seems more like a copycat LOL while bitmine's just a case.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
I seriously doubt any foundry in the world would allow a company to do a mock tape-out without tape-out funds on hand, contracts signed and a very close to tape out date booked. 28nm ASIC tape-out isn't exactly something that a foundry will get involved with without the proper financials and documents signed.

Cointerra is using a mock foundry for their mock tape-out.



They paid ActiveMining $5000 worth of logo design for the mock NRE.   Grin
hero member
Activity: 702
Merit: 500
They updated their website so we know they're not dead.  http://cointerra.com/cointerra-unveils-terraminer-case-design-beast/

Looks like a fancier Avalon case design.

I really don't understand what is happening. The only time we saw pretty 3d renders before this was xCrowd and that was a big fail. Now Cointerra shows this, but no tape-out, while HashFast did tape-out but we can't see anything, but we get big announcements and partnerships and a more appealing MPP. No matter how both companies turn out i'm sure it will be interesting.

RoadStress -

you've seen most asic companies do renders...  its what they do when they dont yet have their chips back from the fab...   Granted, none were as pretty as xCrowd!

here's ButterFlyLabs...

https://products.butterflylabs.com/homepage-new-products/300-gh-bitcoin-mining-card.html

Here's HashFast...

https://hashfast.com/shop/sierra-third-batch/

Here's Bitmine/Coincraft...

https://bitmine.ch/wp-content/uploads/2013/09/first-look-3.jpg

legendary
Activity: 1764
Merit: 1002
CoinTerra does state in the release that: "CoinTerra® is on schedule for December 2013 delivery date for the first batch of TerraMiner™, with mock tape-out already performed and tape-out soon to follow. ". So with mock tape-out done tape out should not be far behind, as a mock tape-out is a very close-in-time preparation for actual tape out.

i quite like the renders.. its nice to see whats inside.   even xcrowd, with their (very) pretty renders, didnt show what the insides looked like (presumably because they didnt get close to designing them ;-)

fwiw, hashfast had this to say on mock tape-out...

https://hashfast.com/countdown-to-tapeout/


HF is currently working on producing 3D renders.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
I don't think "American" has anything to do with it.   Hashfast made a big deal when they completed their tapeout.   It is the last NRE step and it usually requires the producer to also prepay for at least one batch (20 wafers) of silicon.  From a customer perspective it is a pretty big deal (chips may still be delayed but production has begun) so any company is going to report it.   It can't hurt to report it and it certainly can help increase future sales.

The simplest explanation for a lack of tapeout announcement is .... they haven't taped out.  Why?  I have no idea.  Hopefully it will happen soon.

Cointerra hasn't taped out because

1) they were not able to raise the ~$5,000,000 for the NRE.

2) they have zero experience doing original designs from scratch, and can't write good RTL quickly

3) they announced physical spec (GH/W/sec) before doing physical emulation, and can't achieve it

4) they are primarily a marketing, not engineering, driven company so their mouth (sales team) makes promises ("tape-out first week of Oct") their ass (engineers) can't back up.


Yes, their web page is very slick.  I was fooled too, until I started digging around for due diligence reasons.
hero member
Activity: 702
Merit: 500
CoinTerra does state in the release that: "CoinTerra® is on schedule for December 2013 delivery date for the first batch of TerraMiner™, with mock tape-out already performed and tape-out soon to follow. ". So with mock tape-out done tape out should not be far behind, as a mock tape-out is a very close-in-time preparation for actual tape out.

i quite like the renders.. its nice to see whats inside.   even xcrowd, with their (very) pretty renders, didnt show what the insides looked like (presumably because they didnt get close to designing them ;-)

fwiw, hashfast had this to say on mock tape-out...

https://hashfast.com/countdown-to-tapeout/
legendary
Activity: 1904
Merit: 1007
They updated their website so we know they're not dead.  http://cointerra.com/cointerra-unveils-terraminer-case-design-beast/

Looks like a fancier Avalon case design.

I really don't understand what is happening. The only time we saw pretty 3d renders before this was xCrowd and that was a big fail. Now Cointerra shows this, but no tape-out, while HashFast did tape-out but we can't see anything, but we get big announcements and partnerships and a more appealing MPP. No matter how both companies turn out i'm sure it will be interesting.
sr. member
Activity: 297
Merit: 250
They updated their website so we know they're not dead.  http://cointerra.com/cointerra-unveils-terraminer-case-design-beast/

Looks like a fancier Avalon case design.
donator
Activity: 1218
Merit: 1079
Gerald Davis
I don't think "American" has anything to do with it.   Hashfast made a big deal when they completed their tapeout.   It is the last NRE step and it usually requires the producer to also prepay for at least one batch (20 wafers) of silicon.  From a customer perspective it is a pretty big deal (chips may still be delayed but production has begun) so any company is going to report it.   It can't hurt to report it and it certainly can help increase future sales.

The simplest explanation for a lack of tapeout announcement is .... they haven't taped out.  Why?  I have no idea.  Hopefully it will happen soon.
hero member
Activity: 924
Merit: 1000
they have raised approximately 20 million usd in btc.   that more than enough to produce 28nm asic chips by the millions.  now timing?  thats a totally different story.
legendary
Activity: 1904
Merit: 1007

Cointerra's credentials are most certainly an argument against them.  

Their expertise is throwing the IP Samsung licensed from ARM onto a SOC.  Low power, low gate activity ratio SOCs, not huge hot high-performance 3rd gen Bitcoin ASICs.

Worst of all, and most damning to Cointerra's reputation, is that they intentionally misrepresented their limited expertise as expert level guru wisdom.



have to agree... I've seen chaps like that in big corp do the whiteboard fluffjob presentations to a mob of dumb managers just to get 6 month contracts and then shower them with all kinds of justifications why shit aint getting done until they just leave and hunt for the next contract

dazzle with bullshit

Cointerra's core competence is (exactly as you aptly described) giving "whiteboard fluffjob presentations" to "a mob of dumb managers."

They are heavy on Powerpoint and Excel sheets of rosy predictions based on wishful thinking and optimistic best-case ballpark estimates.

They are short on actual expertise with logical and physical architecture of original 28nm designs, as demonstrated by their inability to get the RTL done on time.

Cointerra customers and investors need to start asking

Where is the tape-out announcement and PR from OpenSilicon?

If the ~$5,000,000 for the NRE was not able to be collected, what is the plan for wind-down and refunds?


Welcome to the "american" style of doing business. I have a feeling that labcoin did the same. A lot of talk, little real facts.
legendary
Activity: 2338
Merit: 2106
Good news everyone!  Cointerra's now on PicoStocks! Cheesy

https://picostocks.com/stocks/view/31

"Initial PicoStocks offering of this asset has been closed. We are waiting for the final processing of the sales contract between the offering party and PicoStocks. The trading on PicoStocks will resume imediately after contract signature. If the offering party fails to sign the sales contract or to send the signed documents to our IPO office within 2 weeks the funds will be returned to the investors. Current investors are listed below. "

A bit worrying...

panic refund modus alert


full member
Activity: 210
Merit: 100
Good news everyone!  Cointerra's now on PicoStocks! Cheesy

https://picostocks.com/stocks/view/31
legendary
Activity: 2338
Merit: 2106
but they do offer a refund, don´t they ?  Grin
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.

Cointerra's credentials are most certainly an argument against them.  

Their expertise is throwing the IP Samsung licensed from ARM onto a SOC.  Low power, low gate activity ratio SOCs, not huge hot high-performance 3rd gen Bitcoin ASICs.

Worst of all, and most damning to Cointerra's reputation, is that they intentionally misrepresented their limited expertise as expert level guru wisdom.



have to agree... I've seen chaps like that in big corp do the whiteboard fluffjob presentations to a mob of dumb managers just to get 6 month contracts and then shower them with all kinds of justifications why shit aint getting done until they just leave and hunt for the next contract

dazzle with bullshit

Cointerra's core competence is (exactly as you aptly described) giving "whiteboard fluffjob presentations" to "a mob of dumb managers."

They are heavy on Powerpoint and Excel sheets of rosy predictions based on wishful thinking and optimistic best-case ballpark estimates.

They are short on actual expertise with logical and physical architecture of original 28nm designs, as demonstrated by their inability to get the RTL done on time.

Cointerra customers and investors need to start asking

Where is the tape-out announcement and PR from OpenSilicon?

If the ~$5,000,000 for the NRE was not able to be collected, what is the plan for wind-down and refunds?
legendary
Activity: 1512
Merit: 1000
B2, B3... and chips. Need I say more? How about selling the chips out the backdoor and delaying shipments so they could mine more using their units? Seriously 300 vs millions of dollars is no debate on gouging or hashrate fixing. See BFL for the same plan.

Some (maybe most?) of the B2 owners have achieved a return.  I know I have.
sr. member
Activity: 462
Merit: 250

Cointerra's credentials are most certainly an argument against them.  

Their expertise is throwing the IP Samsung licensed from ARM onto a SOC.  Low power, low gate activity ratio SOCs, not huge hot high-performance 3rd gen Bitcoin ASICs.

Worst of all, and most damning to Cointerra's reputation, is that they intentionally misrepresented their limited expertise as expert level guru wisdom.



have to agree... I've seen chaps like that in big corp do the whiteboard fluffjob presentations to a mob of dumb managers just to get 6 month contracts and then shower them with all kinds of justifications why shit aint getting done until they just leave and hunt for the next contract

dazzle with bullshit

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