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Topic: Shipping: 300 Terraminer IV (2 TH/s) $6000 ($250 discount on first 100 orders) (Read 1218 times)

legendary
Activity: 2156
Merit: 1131

Is that some of the Cognitive hardware ?
full member
Activity: 177
Merit: 100
CoinTerra Terramine IV
Next day shipping

Cognitive Capital LLC received 300 Terraminer IV units from CoinTerra. We're happy to announce that these units are available with next day air shipping within the United States, and outside the US at a slightly higher price (on request).

Specification summary:

  • 2 TH/s hashing power
  • Autonomous unit (no controller unit, cooling etc needed)
  • 2.1W Power consumption per GH/s

Details from producer: http://cointerra.com/product/terraminer-iv-2ths-networked-asic-miner/

Ordering through http://cognitivecapital.co

$250 off for first 100 orders

The first 100 orders are eligible for a $250 discount using the coupon code "BTCTalk100".

Bulk orders

For larger orders feel free to contact us directly through the website or over this forum (PM).

About Cognitive Capital LLC

We are a newly founded company wanting to open up the Bitcoin mining market to a wider public. This is our first partnership and only the first of many offers to come. In the near future we will offer 1 GH/s mining contracts. We're aiming to price these consistently under the cex.io prices.

For now this offer will run until the units run out. For those who are in New York, we warmly invite you to come talk to us or check out our live Terraminer IV


Any questions are welcome.

I think it is great that you have it in stock and ready to ship next day. However, at the current difficulty and bitcoin pricing, no one can ever break even on these miners. This is a time for people to buy the coins rather than to mine the coins. It will be a bear market for the next 3 months, then it'll explode again.
legendary
Activity: 3234
Merit: 1220
I think you should amend your product description if these are in stock then they are 1.6TH not 2.0TH.

Seeing as that 0.4TH is actually the profit margin on one of these machines it would behove you to disclose that fact beforehand.

http://cointerra.com/engineering-update-terraminer-iv-hashing-2-ths/

Quote
What this means is that the TerraMiner IV April batch – which will begin shipping preparation to retail customers shortly – will be delivered at the same specification of ~1.6 TH/s as the January to March batches.
member
Activity: 117
Merit: 10
At today's bitcoin price, it's clearly a better bet to buy bitcoin directly.

Lifetime bitcoin production of one of these units is 15BTC, optimistically speaking. Given that number, a $6000 price tag is not way off, so that's at least refreshing.

I take it you're selling units like that reported in CT's latest update:

http://cointerra.com/engineering-update-terraminer-iv-hashing-2-ths/

Do you have at-the-wall power consumption numbers? Do you have a 24-48-hour average hashrate? Do you have an idea of average chip temperature? Better yet, do you have graphs of any or all of these things?
newbie
Activity: 38
Merit: 0
CoinTerra Terramine IV
Next day shipping

Cognitive Capital LLC received 300 Terraminer IV units from CoinTerra. We're happy to announce that these units are available with next day air shipping within the United States, and outside the US at a slightly higher price (on request).

Specification summary:

  • 2 TH/s hashing power
  • Autonomous unit (no controller unit, cooling etc needed)
  • 2.1W Power consumption per GH/s

Details from producer: http://cointerra.com/product/terraminer-iv-2ths-networked-asic-miner/

Ordering through http://cognitivecapital.co

$250 off for first 100 orders

The first 100 orders are eligible for a $250 discount using the coupon code "BTCTalk100".

Bulk orders

For larger orders feel free to contact us directly through the website or over this forum (PM).

About Cognitive Capital LLC

We are a newly founded company wanting to open up the Bitcoin mining market to a wider public. This is our first partnership and only the first of many offers to come. In the near future we will offer 1 GH/s mining contracts. We're aiming to price these consistently under the cex.io prices.

For now this offer will run until the units run out. For those who are in New York, we warmly invite you to come talk to us or check out our live Terraminer IV

http://ld5.cognitivecapital.co/wp-content/uploads/2014/04/image_2.jpeg

Any questions are welcome.
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