I think we should try and continue to mine
Selling them will be less than $5000 for each
I think it may be possible to host them at cointerra
http://cointerra.com/cointerra-announces-hosting-partnership-terramine-hosting/
This may mean that is they break down cointerra will fix the sooner because of location
and may get better support
PS: I have paid 13.09 BTC on miner #3 ---- about 1/3 of that miner hashing power
I believe I you sell the miners you get about 10 BTC each i.e. I would get about 3 BTC for my 13.09 btc investment --- I estimate if we continue mining it possible to miner about 20 bitcoin per miner. IE I will earn about 7 BTC which is much better than selling them today .
So my votes is NO also I hope the voting is based on number of share held in this GB
My 2 cents
Topic: [GB]Terraminer IV #5, Coinsortium - page 12. (Read 62044 times)
Update
-Terraminer #3 is at Cointerra repair center, no estimated ETA
- no luck renegotiating a truth with colo owner, he wants the miners out. The sad part is the amount of money involved is not worth the legal costs to pursue any further and he knows that
He has promised a refund, but not sure yet how much will be refunded? 100% or prorated
So I propose that we auction the Terraminers off?
Or try and find another colo? I have talked to one other colo and they have room, but would be $2000 + a month for 5 Terraminers.
Thoughts?
Some of the miners have generated enough income to pay costs so will be sending a payment soon as I get this situation resolved.
Cheers
P.S. I have sent out an email to all members asking for a yes or no to selling the Terraminers in auction
-Terraminer #3 is at Cointerra repair center, no estimated ETA
- no luck renegotiating a truth with colo owner, he wants the miners out. The sad part is the amount of money involved is not worth the legal costs to pursue any further and he knows that
He has promised a refund, but not sure yet how much will be refunded? 100% or prorated
So I propose that we auction the Terraminers off?
Or try and find another colo? I have talked to one other colo and they have room, but would be $2000 + a month for 5 Terraminers.
Thoughts?
Some of the miners have generated enough income to pay costs so will be sending a payment soon as I get this situation resolved.
Cheers
P.S. I have sent out an email to all members asking for a yes or no to selling the Terraminers in auction
I just received an email from Larry but but the email he gave me is not working
any how, Soniq, you know how out spoken ive been about your GBs and 90% of the people don't even know what your up to with the miners 
I am part of GB #5 and the miner looks like its working fine. I just want to get back the money Ive put in with no more waiting on you to do something. NO ONE knows what ur up to with our miners and if your truly lagit
I think i can agree to selling... i guess at the going rate of antminers it would be in the realm of 7.93 btc? ugh...
Update
-Terraminer #3 is at Cointerra repair center, no estimated ETA
- no luck renegotiating a truth with colo owner, he wants the miners out. The sad part is the amount of money involved is not worth the legal costs to pursue any further and he knows that
He has promised a refund, but not sure yet how much will be refunded? 100% or prorated
So I propose that we auction the Terraminers off?
Or try and find another colo? I have talked to one other colo and they have room, but would be $2000 + a month for 5 Terraminers.
Thoughts?
Some of the miners have generated enough income to pay costs so will be sending a payment soon as I get this situation resolved.
Cheers
P.S. I have sent out an email to all members asking for a yes or no to selling the Terraminers in auction
-Terraminer #3 is at Cointerra repair center, no estimated ETA
- no luck renegotiating a truth with colo owner, he wants the miners out. The sad part is the amount of money involved is not worth the legal costs to pursue any further and he knows that
He has promised a refund, but not sure yet how much will be refunded? 100% or prorated
So I propose that we auction the Terraminers off?
Or try and find another colo? I have talked to one other colo and they have room, but would be $2000 + a month for 5 Terraminers.
Thoughts?
Some of the miners have generated enough income to pay costs so will be sending a payment soon as I get this situation resolved.
Cheers
P.S. I have sent out an email to all members asking for a yes or no to selling the Terraminers in auction
[03.04.2014 17:42:54] Larry/soniq: having all sorts of issues with miners, colocation owner is very unhappy. Recently had a PDU fry even though we were under the 25A rating, more than usual physical visits, constant remote power cycling
[03.04.2014 17:44:30 | Bearbeitet 17:45:08] Larry/soniq: he has mnetioned refunding my money and taking miners somewhere else, I am trying to negotiate a truth, but partially agree with him, the miners are not built very well it seems, and might not be a bad idea to sell them and move on?
[03.04.2014 17:45:55] Ricardo Filipe: yeah they seem to give more work than they are worth ;\
[03:52:07] Tim Fuller: I don't see us getting what we paid for the miner if we do that...then again will we get what we paid for if we continue mining? Who knows.
[03.04.2014 17:44:30 | Bearbeitet 17:45:08] Larry/soniq: he has mnetioned refunding my money and taking miners somewhere else, I am trying to negotiate a truth, but partially agree with him, the miners are not built very well it seems, and might not be a bad idea to sell them and move on?
[03.04.2014 17:45:55] Ricardo Filipe: yeah they seem to give more work than they are worth ;\
[03:52:07] Tim Fuller: I don't see us getting what we paid for the miner if we do that...then again will we get what we paid for if we continue mining? Who knows.
any progress on miner #3 ?
Miner 2 is working again.
"been working it out with Cointerra support, and working now. Did a variety of things and jsut started working. Hopefully some new firmware out soon ot make these more reliable" - soniq
"been working it out with Cointerra support, and working now. Did a variety of things and jsut started working. Hopefully some new firmware out soon ot make these more reliable" - soniq
yesterday soniq had to send a request to power cycle miners 4 and 5 after being down. and i also just noticed miner 2 is running at 1/2 power.
Has anyone seen any payouts yet? I would think at least miner 1 should have had a payout by now...
does anyone know what the payout structure should be? in the original post it says bi-weekly. I guess he meant to say bi-weekly after the monthly fees are paid.
Has anyone seen any payouts yet? I would think at least miner 1 should have had a payout by now...
does anyone know what the payout structure should be? in the original post it says bi-weekly. I guess he meant to say bi-weekly after the monthly fees are paid.
HA! he has NOT paid anyone and I don't think he will ~~~ sorry to say but if your hoping in in soniq, you should buy from BFL instead
yesterday soniq had to send a request to power cycle miners 4 and 5 after being down. and i also just noticed miner 2 is running at 1/2 power.
Has anyone seen any payouts yet? I would think at least miner 1 should have had a payout by now...
does anyone know what the payout structure should be? in the original post it says bi-weekly. I guess he meant to say bi-weekly after the monthly fees are paid.
Has anyone seen any payouts yet? I would think at least miner 1 should have had a payout by now...
does anyone know what the payout structure should be? in the original post it says bi-weekly. I guess he meant to say bi-weekly after the monthly fees are paid.
Someone ask him if each GB is responsible for their own DC fees...Thxs
[01:52:02] Larry/soniq: TM #3 appears to have failed PSU, sent an eamil to Cointerra to send a new one
[27.03.2014 20:36:51] Larry/soniq: Cointerra tech doing a walk through now on skype. ..will post entire chat here after
[27.03.2014 20:39:05] Larry/soniq: He is Currently stumped because blue leds are not on ...
[27.03.2014 20:39:43] Larry/soniq: All PSU lights are green
[27.03.2014 20:40:12] Larry/soniq: I took a short video of the miner as well
[27.03.2014 21:15:30] Larry/soniq: Bad news appears beagle bone quit...need to send back
[27.03.2014 21:18:13] narayan24: did he say how long it will take for CT to send a new one or repair the machine?
[28.03.2014 15:34:20] Larry/soniq: no didnt mention an estimated time, waiting for RMA label. sent another email to Cointerra
[28.03.2014 21:48:51] Larry/soniq: RMA label sent, UPS should pickup today
[29.03.2014 18:34:05] Larry/soniq: dropped off at UPS last night, should be at Cointerra for first thing Monday morning
[01:52:02] Larry/soniq: TM #3 appears to have failed PSU, sent an eamil to Cointerra to send a new one
[27.03.2014 20:36:51] Larry/soniq: Cointerra tech doing a walk through now on skype. ..will post entire chat here after
[27.03.2014 20:39:05] Larry/soniq: He is Currently stumped because blue leds are not on ...
[27.03.2014 20:39:43] Larry/soniq: All PSU lights are green
[27.03.2014 20:40:12] Larry/soniq: I took a short video of the miner as well
[27.03.2014 21:15:30] Larry/soniq: Bad news appears beagle bone quit...need to send back
[27.03.2014 21:18:13] narayan24: did he say how long it will take for CT to send a new one or repair the machine?
[28.03.2014 15:34:20] Larry/soniq: no didnt mention an estimated time, waiting for RMA label. sent another email to Cointerra
[28.03.2014 21:48:51] Larry/soniq: RMA label sent, UPS should pickup today
what is cointerra doing about the 500GH/s short fall on all the miners ( ie are they shipping out extra miners ?)
[01:52:02] Larry/soniq: TM #3 appears to have failed PSU, sent an eamil to Cointerra to send a new one
[27.03.2014 20:36:51] Larry/soniq: Cointerra tech doing a walk through now on skype. ..will post entire chat here after
[27.03.2014 20:39:05] Larry/soniq: He is Currently stumped because blue leds are not on ...
[27.03.2014 20:39:43] Larry/soniq: All PSU lights are green
[27.03.2014 20:40:12] Larry/soniq: I took a short video of the miner as well
[27.03.2014 21:15:30] Larry/soniq: Bad news appears beagle bone quit...need to send back
Good job narayan24 , thank for the update
any news on first payouts for miner 1,2,4 and 5 lol still weeks away...member he gets all his first...
[01:52:02] Larry/soniq: TM #3 appears to have failed PSU, sent an eamil to Cointerra to send a new one
[27.03.2014 20:36:51] Larry/soniq: Cointerra tech doing a walk through now on skype. ..will post entire chat here after
[27.03.2014 20:39:05] Larry/soniq: He is Currently stumped because blue leds are not on ...
[27.03.2014 20:39:43] Larry/soniq: All PSU lights are green
[27.03.2014 20:40:12] Larry/soniq: I took a short video of the miner as well
[27.03.2014 21:15:30] Larry/soniq: Bad news appears beagle bone quit...need to send back
Good job narayan24 , thank for the update
any news on first payouts for miner 1,2,4 and 5 [01:52:02] Larry/soniq: TM #3 appears to have failed PSU, sent an eamil to Cointerra to send a new one
[27.03.2014 20:36:51] Larry/soniq: Cointerra tech doing a walk through now on skype. ..will post entire chat here after
[27.03.2014 20:39:05] Larry/soniq: He is Currently stumped because blue leds are not on ...
[27.03.2014 20:39:43] Larry/soniq: All PSU lights are green
[27.03.2014 20:40:12] Larry/soniq: I took a short video of the miner as well
[27.03.2014 21:15:30] Larry/soniq: Bad news appears beagle bone quit...need to send back
New firmware available
I tried it, seems good so far, averaging around 1.6 TH/s
03/24/14 Firmware 0.7.6 MD5: B2250250EB6EDFF1E2D85B9C3B4E0974
- The TerraMiner’s MAC address is now displayed in the web Control Panel page footer.
- Added Identify On/Off option to physically locate TerraMiner by flashing CTR1 LED orange.
- Added Restart System option to the Configuration screen to reboot the TerraMiner.
- Fixed potential issue affecting some units which were showing lower-than-nominal performance at the pool.
- Updated CGMiner to version 4.1.0.
- Miscellaneous code fixes.
at http://cointerra.com/firmware-downloads/
I tried it, seems good so far, averaging around 1.6 TH/s
03/24/14 Firmware 0.7.6 MD5: B2250250EB6EDFF1E2D85B9C3B4E0974
- The TerraMiner’s MAC address is now displayed in the web Control Panel page footer.
- Added Identify On/Off option to physically locate TerraMiner by flashing CTR1 LED orange.
- Added Restart System option to the Configuration screen to reboot the TerraMiner.
- Fixed potential issue affecting some units which were showing lower-than-nominal performance at the pool.
- Updated CGMiner to version 4.1.0.
- Miscellaneous code fixes.
at http://cointerra.com/firmware-downloads/
[01:52:02] Larry/soniq: TM #3 appears to have failed PSU, sent an eamil to Cointerra to send a new one
miner #3 has a problem - 1.2 TH should be about 1.5 TH-- may need to be rebooted ?
yes, 1 and 2 was hacked due to manufacturer error, has now been fixed
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