Topic: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s - page 99. (Read 231002 times)
September 14, 2013, 08:59:38 PM
Well if they were selling engineers then all this hype around "Samsung's" ex cpu guru might be worth a nickel. Since they are selling miners they are gonna have to do a lot better the constantly talking about the "team"!
September 14, 2013, 08:38:25 PM
I too was skeptical, until I read the Anandtech interview (those guys don't post information hastily) and saw the youtube video confirming the involvement of Ravi and others.
This one?http://www.anandtech.com/show/7246/the-rush-to-bitcoin-asics-ravi-iyengar-launches-cointerra
September 14, 2013, 09:05:08 AM
I too was skeptical, until I read the Anandtech interview (those guys don't post information hastily) and saw the youtube video confirming the involvement of Ravi and others.
September 13, 2013, 02:10:46 PM
This thread can be condensed to a single TL;DR version:
MOVE ALONG PEOPLE, THIS IS A SCAM
MOVE ALONG PEOPLE, THIS IS A SCAM
exactly
just because they worked 'in the industries and are world class blah blah's' do not stop them from going for a fat money grab
Taking bets?
Yeah I bet on KNC by ordering from them
I too have a day 1 order from KNC.
The question I posed was to the validity of the Cointerra project.
September 13, 2013, 01:52:09 PM
Yeah I bet on KNC by ordering from them
Buying asics (from any vendor) isnt betting as much as throwing money away.
How about putting your money where your mouth is and bet cointerra is a scam?
September 13, 2013, 01:25:14 PM
This thread can be condensed to a single TL;DR version:
MOVE ALONG PEOPLE, THIS IS A SCAM
MOVE ALONG PEOPLE, THIS IS A SCAM
exactly
just because they worked 'in the industries and are world class blah blah's' do not stop them from going for a fat money grab
Taking bets?
Yeah I bet on KNC by ordering from them
September 13, 2013, 01:14:24 PM
This thread can be condensed to a single TL;DR version:
MOVE ALONG PEOPLE, THIS IS A SCAM
MOVE ALONG PEOPLE, THIS IS A SCAM
exactly
just because they worked 'in the industries and are world class blah blah's' do not stop them from going for a fat money grab
Taking bets?
September 13, 2013, 11:20:22 AM
This thread can be condensed to a single TL;DR version:
MOVE ALONG PEOPLE, THIS IS A SCAM
MOVE ALONG PEOPLE, THIS IS A SCAM
exactly
just because they worked 'in the industries and are world class blah blah's' do not stop them from going for a fat money grab
BFL led the way
but I hope more people believe in this tripe so they are too scared to mine (can't get ROI, so no point, stays on sidelines)
September 13, 2013, 10:35:30 AM
reread my edit. THey changed names before the acquisition.
Founded in 2004 as CebaTech, Altior Inc. designs, develops and markets hardware
Nothing weird about that old domain name being unused now, is it?
BTW, Id change my company name too if it was called CeBaTech.
If you still have any lingering doubts, this should put it to rest:
https://bitcointalksearch.org/topic/m.3145630
Founded in 2004 as CebaTech, Altior Inc. designs, develops and markets hardware
Nothing weird about that old domain name being unused now, is it?
BTW, Id change my company name too if it was called CeBaTech.
If you still have any lingering doubts, this should put it to rest:
https://bitcointalksearch.org/topic/m.3145630
September 13, 2013, 10:24:05 AM
Thanks for contribution!
I'll take a closer look onto it as soon as I've some spare time left, this evening I guess.
*edit:
When you visit cebatech.com it is as I said, an empty page, and it is not forwarding. If so let me know how forwarding in this situation works from a technical point of view. Would be awesome to learn sth. about invisible tags or else...
**edit2: sorry didn't look close enough in the rush, you mentioned another url
I'll take a closer look onto it as soon as I've some spare time left, this evening I guess.
*edit:
When you visit cebatech.com it is as I said, an empty page, and it is not forwarding.
**edit2: sorry didn't look close enough in the rush, you mentioned another url
Code:
 | This domain has just been registered for one of our customers! Domain registration and webhosting at best prices. |
September 13, 2013, 10:21:30 AM
A remarkable point is at least, for all combos of his name and a company from his linkedin-profile, the first hit is always his linkedin-profile - doesn't increase confidence.
Right. I guess your point is that Google is in on the con too?
Quote
Btw: check this profile, too
http://investing.businessweek.com/research/stocks/private/person.asp?personId=9921043&privcapId=1994285&previousCapId=1994285&previousTitle=iVivity,%20Inc.
"This person is connected to 0 Board Members in 0 different organizations across 0 different industries."
http://investing.businessweek.com/research/stocks/private/person.asp?personId=9921043&privcapId=1994285&previousCapId=1994285&previousTitle=iVivity,%20Inc.
"This person is connected to 0 Board Members in 0 different organizations across 0 different industries."
So Businessweek doesnt have more data than that.. which is probably automatically aggregated from somewhere else anyway.
Your point?
Quote
maybe another person, since this finding is not mentioned on his linkedin-profile ?!
http://www.oit.gatech.edu/content/about-oit
http://www.oit.gatech.edu/content/about-oit
How many Jim O'Connor's do you think there are? One ? Two?
There are 891 on Linkedin!
Quote
minor inconsistency found:
http://www.solidoaktech.com/executive.html says Jim O'Connor is still executive
while linked in profile shows this as his past
http://www.solidoaktech.com/executive.html says Jim O'Connor is still executive
while linked in profile shows this as his past
Wooo.. you got him there! Red handed.
Clearly he has had nothing better to do lately than maintain his old solidoak website for stuff like that. Best I can tell solid oak is dormant now.
Quote
Altior Inc.: http://www.zoominfo.com/p/Jim-O%27Connor/1636630158 (easy to fake)
http://www.insideview.com/directory/altior-inc => shows 'http://www.cebatech.com/' as website for Altior Inc.
and this domain is registered, only - no content at all => very fishy
ooh very fishy. altior.com domain redirects here:
http://www.exar.com/data-compression/
Wonder how that would come?
Quote
Exar Corporation will acquire the assets of Altior Inc., a privately-held company in Eatontown, NJ with a development center in Bengaluru, India.
The transaction, expected to close on March 22, 2013, includes $5.0 million in initial consideration to be paid in a combination of cash and stock and a three-year earn-out against net revenue contributed by Altior. The impact to the company's guidance for the fourth quarter of fiscal year 2013 is expected to be immaterial.
Founded in 2004 as CebaTech, Altior Inc. designs, develops and markets hardware and software compression solutions for use in big data applications. The company provides FPGA based PCIe cards and compression software that is ...
http://www.storagenewsletter.com/news/mergeracquisition/exar-acquires-altiorThe transaction, expected to close on March 22, 2013, includes $5.0 million in initial consideration to be paid in a combination of cash and stock and a three-year earn-out against net revenue contributed by Altior. The impact to the company's guidance for the fourth quarter of fiscal year 2013 is expected to be immaterial.
Founded in 2004 as CebaTech, Altior Inc. designs, develops and markets hardware and software compression solutions for use in big data applications. The company provides FPGA based PCIe cards and compression software that is ...
Fishy, they changed their names after 10 years, and now someone bought the company! Unless that $5M acquisition was all part of preparing for this con.
Give it a rest already.
September 13, 2013, 09:57:44 AM
For someone with such a great past there should be more than enough evidence backing up his profile, like papers he wrote, talks he gave at conferences and such..
A remarkable point is at least, for all combos of his name and a company from his linkedin-profile, the first hit is always his linkedin-profile - doesn't increase confidence.
Btw: check this profile, too
http://investing.businessweek.com/research/stocks/private/person.asp?personId=9921043&privcapId=1994285&previousCapId=1994285&previousTitle=iVivity,%20Inc.
"This person is connected to 0 Board Members in 0 different organizations across 0 different industries."
maybe another person, since this finding is not mentioned on his linkedin-profile ?!
http://www.oit.gatech.edu/content/about-oit
minor inconsistency found:
http://www.solidoaktech.com/executive.html says Jim O'Connor is still executive
while linked in profile shows this as his past
quick google shots lead me the following results:
----------------------------------------------------------------
General Electric:
only found Matthew J. O’Connor - same person ? If so why 'Matthew J' instead of Jim ??
http://dealbook.nytimes.com/2013/08/20/carlyle-hires-g-e-executive-for-power-investment-team/?ref=generalelectriccompany&_r=0
Star Technologies:
nothing found
Broadband Technologies:
nothing found
Nortel (Networks?!):
nothing found
Zagros Networks:
nothing found
SMSC:
nothing found
Altior Inc.: http://www.zoominfo.com/p/Jim-O%27Connor/1636630158 (easy to fake)
http://www.insideview.com/directory/altior-inc => shows 'http://www.cebatech.com/' as website for Altior Inc.
and this domain is registered, only - no content at all => very fishy
----------------------------------------------------------------
techjim.com found here http://occcsa.com/rfc/rfc2701.htm (no, he did not work on the rfc, just konverted the doc to html)
doesn't look like a page of any kind of professional
http://techjim.com
http://webcache.googleusercontent.com/search?q=cache:JSocfDj7OsIJ:techjim.com/+&cd=1&hl=en&ct=clnk
occcsa.com belongs to JAMES O'Connor with mail address [email protected]
JAMES O'Connor looks quite similar to JIM O'Connor, no?
http://webcache.googleusercontent.com/search?q=cache:DPiYBBSSC8IJ:https://profile.usgs.gov/oconnor/+&cd=6&hl=en&ct=clnk
A remarkable point is at least, for all combos of his name and a company from his linkedin-profile, the first hit is always his linkedin-profile - doesn't increase confidence.
Btw: check this profile, too
http://investing.businessweek.com/research/stocks/private/person.asp?personId=9921043&privcapId=1994285&previousCapId=1994285&previousTitle=iVivity,%20Inc.
"This person is connected to 0 Board Members in 0 different organizations across 0 different industries."
maybe another person, since this finding is not mentioned on his linkedin-profile ?!
http://www.oit.gatech.edu/content/about-oit
minor inconsistency found:
http://www.solidoaktech.com/executive.html says Jim O'Connor is still executive
while linked in profile shows this as his past
quick google shots lead me the following results:
----------------------------------------------------------------
General Electric:
only found Matthew J. O’Connor - same person ? If so why 'Matthew J' instead of Jim ??
http://dealbook.nytimes.com/2013/08/20/carlyle-hires-g-e-executive-for-power-investment-team/?ref=generalelectriccompany&_r=0
Star Technologies:
nothing found
Broadband Technologies:
nothing found
Nortel (Networks?!):
nothing found
Zagros Networks:
nothing found
SMSC:
nothing found
Altior Inc.: http://www.zoominfo.com/p/Jim-O%27Connor/1636630158 (easy to fake)
http://www.insideview.com/directory/altior-inc => shows 'http://www.cebatech.com/' as website for Altior Inc.
and this domain is registered, only - no content at all => very fishy
----------------------------------------------------------------
techjim.com found here http://occcsa.com/rfc/rfc2701.htm (no, he did not work on the rfc, just konverted the doc to html)
doesn't look like a page of any kind of professional
http://techjim.com
http://webcache.googleusercontent.com/search?q=cache:JSocfDj7OsIJ:techjim.com/+&cd=1&hl=en&ct=clnk
occcsa.com belongs to JAMES O'Connor with mail address [email protected]
JAMES O'Connor looks quite similar to JIM O'Connor, no?
http://webcache.googleusercontent.com/search?q=cache:DPiYBBSSC8IJ:https://profile.usgs.gov/oconnor/+&cd=6&hl=en&ct=clnk
September 13, 2013, 09:13:23 AM
Has anyone met with him and talked with him about his project related with Bitcoin mining hardware?
Anandtech did.
But seriously, check the VPs linkedin page. He is also founder of a company called solid oak technologies, and referenced by that companies linkedin page:
http://www.linkedin.com/company/solid-oak-technologies-llc
And their website links to that same linkedin page.
Solid Oak is not a huge multinational, but it does exist has been around for a few years, even made it to eda digests's "top 20 companies to watch" last year:
http://digital.edadigest.com/2012/2012/0/0#&pageSet=11
You really think thats all fakable? That they planned this 3+ years ago, made a fake startup, somehow fooled EDA Digest, only to be able to pull off a bitcoin con now ?
September 13, 2013, 09:01:17 AM
Orly? Linkedin? That is awful hard to fake 
It is, if you want to have many 100s of connections and dozens of recommendations/endorserments of people who themselves have many 100's of connections and recommendations.
Do the math.
Has anyone met with him and talked with him about his project related with Bitcoin mining hardware?
September 13, 2013, 08:54:30 AM
Orly? Linkedin? That is awful hard to fake
It is, if you want to have many 100s of connections and dozens of recommendations/endorserments of people who themselves have many 100's of connections and recommendations.
Do the math.
September 13, 2013, 08:35:43 AM
Orly? Linkedin? That is awful hard to fake
Uncommon name, too... what are the odds there's another phud by the same name 
http://en.wikipedia.org/wiki/Ravi_Iyengar September 13, 2013, 08:19:46 AM
Cointerra, please address my concerns so I can put you on my list of companies to consider investing in. If my concerns are not alleviated, I will not consider investing.
You must not be good at searching- Ravi Iyengar. Who are you, can you prove you are who you say you are? Please simply tell us the location you worked at and provide some more details. --> I cannot find any information on you besides those of news articles referencing your site. I am not the only one, see here:
Code:
Ravi Iyengar
Founder and CEO at Cointerra, Inc
Austin, TexasSemiconductors
Current
Cointerra, Inc.
Previous
SARC (Samsung Austin Research Center), Qualcomm, NVIDIA
Education
Wright State University
440
connections
Send InMailMore options
www.linkedin.com/in/ravidiyengar
Background
Summary
Currently the Founder and CEO of Cointerra, Inc.
15 years of industry experience in Micro-Architecture, Architecture, RTL Design, Verification, in CPU, GPU, Desktop & Server Chipsets, and ASIC Cores. Has several years of technical leadership experience. Has submitted several patents and presented papers in international forums.
Experience
Founder and CEO
Cointerra, Inc.
May 2013 – Present (5 months)Austin, Texas Area
http://cointerra.com/
CPU Lead Architect
SARC (Samsung Austin Research Center)
January 2011 – April 2013 (2 years 4 months)Austin
Leading the Architecture, Micro-Architecture & RTL Design of the CPU Mid-Core (Decode, Rename, Dispatch, Retirement, Exception Handling, AGU, Integer & Branch Execution, Virtualization, and Special Purpose Registers). Wrote a 250 page micro-architecture specification and submitted half a dozen patents.
(Open)4 recommendations, including:
Sandeep Dubey
Sandeep Dubey
CPU Design at Samsung Austin R&D Center
View
Eric Chambers
Eric Chambers
Staff Engineer at Samsung Semiconductor
View
2 more recommendations
QualcommSenior Staff, Manager
Qualcomm
2009 – 2010 (1 year)Greater San Diego Area
Design Lead and Manager for the Vector Processing Engine of the Modem Core.
(Open)1 recommendation
Ron Shalev
Ron Shalev
SMTS at wave semi
View
NVIDIASenior Hardware Engineer
NVIDIA
2006 – 2009 (3 years)Santa Clara, CA
Owned the AGU & Loadstore Subsystem on the Streaming Microprocessor Module of the Fermi GPGPU.
Staff Engineer
Stexar
2005 – 2006 (1 year)Portland, Oregon Area
Owned the AGU, Loadstore, L1 Cache subsystem of an x86 CPU core for a DTV SOC.
Intel CorporationStaff Engineer
Intel Corporation
2000 – 2005 (5 years)Dupont, WA
Had numerous roles and responsibilities in the Southbridge and Northbridge Chipset teams for Server and Desktop platforms. Worked on PCI-E, PCI-X, Hublink and AGP.
Logic Designer
ATI
1998 – 2000 (2 years)Newton, PA
Built the Register Backbone Manager for the RAGE5 GPU.
Founder and CEO at Cointerra, Inc
Austin, TexasSemiconductors
Current
Cointerra, Inc.
Previous
SARC (Samsung Austin Research Center), Qualcomm, NVIDIA
Education
Wright State University
440
connections
Send InMailMore options
www.linkedin.com/in/ravidiyengar
Background
Summary
Currently the Founder and CEO of Cointerra, Inc.
15 years of industry experience in Micro-Architecture, Architecture, RTL Design, Verification, in CPU, GPU, Desktop & Server Chipsets, and ASIC Cores. Has several years of technical leadership experience. Has submitted several patents and presented papers in international forums.
Experience
Founder and CEO
Cointerra, Inc.
May 2013 – Present (5 months)Austin, Texas Area
http://cointerra.com/
CPU Lead Architect
SARC (Samsung Austin Research Center)
January 2011 – April 2013 (2 years 4 months)Austin
Leading the Architecture, Micro-Architecture & RTL Design of the CPU Mid-Core (Decode, Rename, Dispatch, Retirement, Exception Handling, AGU, Integer & Branch Execution, Virtualization, and Special Purpose Registers). Wrote a 250 page micro-architecture specification and submitted half a dozen patents.
(Open)4 recommendations, including:
Sandeep Dubey
Sandeep Dubey
CPU Design at Samsung Austin R&D Center
View
Eric Chambers
Eric Chambers
Staff Engineer at Samsung Semiconductor
View
2 more recommendations
QualcommSenior Staff, Manager
Qualcomm
2009 – 2010 (1 year)Greater San Diego Area
Design Lead and Manager for the Vector Processing Engine of the Modem Core.
(Open)1 recommendation
Ron Shalev
Ron Shalev
SMTS at wave semi
View
NVIDIASenior Hardware Engineer
NVIDIA
2006 – 2009 (3 years)Santa Clara, CA
Owned the AGU & Loadstore Subsystem on the Streaming Microprocessor Module of the Fermi GPGPU.
Staff Engineer
Stexar
2005 – 2006 (1 year)Portland, Oregon Area
Owned the AGU, Loadstore, L1 Cache subsystem of an x86 CPU core for a DTV SOC.
Intel CorporationStaff Engineer
Intel Corporation
2000 – 2005 (5 years)Dupont, WA
Had numerous roles and responsibilities in the Southbridge and Northbridge Chipset teams for Server and Desktop platforms. Worked on PCI-E, PCI-X, Hublink and AGP.
Logic Designer
ATI
1998 – 2000 (2 years)Newton, PA
Built the Register Backbone Manager for the RAGE5 GPU.
www.linkedin.com/in/ravidiyengar
ANd here is their VP of engineering:
www.linkedin.com/in/jgoconnor/
Good luck faking those credentials.
September 13, 2013, 06:07:08 AM
let me visualize the whole picture of this fishy story combined with the well known red flag
src: http://huntersforluck.com/vidy-ryby/red-carp
src: http://huntersforluck.com/vidy-ryby/red-carp
September 12, 2013, 11:20:07 PM
Don't forget that you can transfer your order to the lower price point batch 2 unit "for a small fee!"
Where did you get that from?
When we contacted [email protected] with our concerns regarding the price strategy, we only got:
Quote
Thanks for the feedback, XYZ.
Have an Awesome Day!
CoinTerra support
Have an Awesome Day!
CoinTerra support
which, maybe not intentional, but it didn't sound very good, and wasn't much more usefull either.
September 12, 2013, 09:43:01 PM
Why would anyone order today a December batch for $14,000 if they can get it month later for just $6000?
Do you honestly believe that a 2TH miner running for the whole December (assuming that they deliver December batch on Dec 1st) would earn $8000?
https://bitcointalksearch.org/topic/estimate-of-asic-pre-orders-13-to-15-phs-diff-18b-to-21b-by-end-of-2013-283820 (6,000 to 8,000 TH/s by end of 2013)
Assuming BTC = 130USD, 7PH total network hashing power (1G difficulty),
2 TH would produce $3,930 in one month.
(http://mining.thegenesisblock.com/a/48447b86ed)
Given this putting a price tag of $8000 on 1 month earlier delivery is not exactly appropriate.
Also, the Delivery Time was not part of the product until today. If Cointerra is trying to include the Delivery Date as part of the product, then when ordering a product, it should have exact delivery date, not a month.
The current state is, that order from December batch may be shipped on Dec 31 and order from January batch shipped on Jan 1st - and in this case the "difference" between those 2 products is really none.
I'm not really expecting them to drop December price to $6000 as we all agree that Time=Money. But $8000 difference is not really reasonable.
Unfortunately, the current message they are sending to existing customers is more or less:
"Thanks you for being valuable customer and donating to our Research&Development.
We no longer need you and we can drop prices as much as we want.
And also we are renaming our product just in case so you don't ask for anything with respect to the Price Protection"
Do you honestly believe that a 2TH miner running for the whole December (assuming that they deliver December batch on Dec 1st) would earn $8000?
https://bitcointalksearch.org/topic/estimate-of-asic-pre-orders-13-to-15-phs-diff-18b-to-21b-by-end-of-2013-283820 (6,000 to 8,000 TH/s by end of 2013)
Assuming BTC = 130USD, 7PH total network hashing power (1G difficulty),
2 TH would produce $3,930 in one month.
(http://mining.thegenesisblock.com/a/48447b86ed)
Given this putting a price tag of $8000 on 1 month earlier delivery is not exactly appropriate.
Also, the Delivery Time was not part of the product until today. If Cointerra is trying to include the Delivery Date as part of the product, then when ordering a product, it should have exact delivery date, not a month.
The current state is, that order from December batch may be shipped on Dec 31 and order from January batch shipped on Jan 1st - and in this case the "difference" between those 2 products is really none.
I'm not really expecting them to drop December price to $6000 as we all agree that Time=Money. But $8000 difference is not really reasonable.
Unfortunately, the current message they are sending to existing customers is more or less:
"Thanks you for being valuable customer and donating to our Research&Development.
We no longer need you and we can drop prices as much as we want.
And also we are renaming our product just in case so you don't ask for anything with respect to the Price Protection"
+1
Don't forget that you can transfer your order to the lower price point batch 2 unit "for a small fee!"
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