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Topic: Which one to buy right now ASICMiner Blade or CoinTerra? (Read 5182 times)

sr. member
Activity: 434
Merit: 251
Dont invest in any of them as the diff is going up a lot!! Buy bitcoins and hold !! atm the value of bit coin is skyrocketing!!!
but if you go for it, then go for the bladesas you get them tomorrow and not next year Smiley
good luck
full member
Activity: 182
Merit: 100
Fourth richest fictional character
Anyone else buying a Cointerra? It's looking mighty appealing right now...
member
Activity: 113
Merit: 10
Hah! I was in the same dilemma a week ago. I did make a decision however.

So with the blades, they will cost you roughly the same as the Cointerra. The upside is that you get them right away. So you can start making BTC right away, before the difficulty goes nuts, which it will. On the other side you have the Cointerra that you have to wait a month for, but its 10x faster. Thats mega. I think the Blades life will expire when you hit January/Feb if the Diff keeps going the way it is. With the Cointerra, maybe the Diff slows down a bit for a few months, maybe not. Worst case scenario, with the cointerra you will have something that is 10x faster and worth more in the end. Plus it would make a great alt coin raper.

Now if you really want to roll the dice, get the blades now and mine, sell them in January when your Cointerra comes in.. Yes buy both and keep one.


Oh, so what did I do? I ordered the Cointerra without their protection and am praying it comes on time. Anyone know of a reliable god?




Thank you for your input.

Just wanted to weight in and mention that we expect our miners to ship on schedule and thank you for your order. If you have any questions you are more than welcome to contact us at [email protected]
legendary
Activity: 1946
Merit: 1005
My mule don't like people laughing
Hah! I was in the same dilemma a week ago. I did make a decision however.

So with the blades, they will cost you roughly the same as the Cointerra. The upside is that you get them right away. So you can start making BTC right away, before the difficulty goes nuts, which it will. On the other side you have the Cointerra that you have to wait a month for, but its 10x faster. Thats mega. I think the Blades life will expire when you hit January/Feb if the Diff keeps going the way it is. With the Cointerra, maybe the Diff slows down a bit for a few months, maybe not. Worst case scenario, with the cointerra you will have something that is 10x faster and worth more in the end. Plus it would make a great alt coin raper.

Now if you really want to roll the dice, get the blades now and mine, sell them in January when your Cointerra comes in.. Yes buy both and keep one.


Oh, so what did I do? I ordered the Cointerra without their protection and am praying it comes on time. Anyone know of a reliable god?


full member
Activity: 171
Merit: 100
Dragon kid! I hope you understand the risks before you invest your money! Bitcoin hardware are investments!

Investments are priced based on risk preference, expected payout, and discounted by time, and liquidity. Are you familiar with expected values and discounting? If not please learn about them! If yes then read on:

ASICMiner is overpriced! Because probability to deliver is almost 100%. It's a sure thing, very little risk. The expected BTC payout is depending on what you think difficulty increase will be. Because lots and lots of people are paying ~3.5-4 BTC that means most people believe difficulty increase won't be that much as 70%, and value low risk.

Cointerra is so cheap! Because probability to deliver is very low. It is also far into the future. The more risky and more time, the less valuable. If you put your money into Cointerra pre-order, there is a high chance delivery will be delayed. Then every day you wait is lost money. So risky! But if you get lucky it's so good!

Bitcoin hardware is not the most efficient market, but it is still good enough to help you decide what you want. If you are OK to take very risky investment with good reward, do Cointerra/fast hash/whatever preorder. If you don't want to take any risks with your money, do ASICMiner. If you want to do something in the middle, I suggest BitFury.

Good luck.

I have done a LOT of reading about this exact topic and this is good advice in my opinion.
newbie
Activity: 4
Merit: 0
Dragon kid! I hope you understand the risks before you invest your money! Bitcoin hardware are investments!

Investments are priced based on risk preference, expected payout, and discounted by time, and liquidity. Are you familiar with expected values and discounting? If not please learn about them! If yes then read on:

ASICMiner is overpriced! Because probability to deliver is almost 100%. It's a sure thing, very little risk. The expected BTC payout is depending on what you think difficulty increase will be. Because lots and lots of people are paying ~3.5-4 BTC that means most people believe difficulty increase won't be that much as 70%, and value low risk.

Cointerra is so cheap! Because probability to deliver is very low. It is also far into the future. The more risky and more time, the less valuable. If you put your money into Cointerra pre-order, there is a high chance delivery will be delayed. Then every day you wait is lost money. So risky! But if you get lucky it's so good!

Bitcoin hardware is not the most efficient market, but it is still good enough to help you decide what you want. If you are OK to take very risky investment with good reward, do Cointerra/fast hash/whatever preorder. If you don't want to take any risks with your money, do ASICMiner. If you want to do something in the middle, I suggest BitFury.

Good luck.
hero member
Activity: 784
Merit: 1004
Glow Stick Dance!
ASICMiner blade first as Cointerra looks like vaporstuff.

I only trust two things for the time being. ASICMiner and AMD's GPUs.


Ever heard of Bitfury?  Lol.

BFSB (EU), MGP (US) and Metabank (RU) shipped August orders on time (for the most part).  Now Punin has announced that October BFSB start shipping next week.

So why wouldn't you trust them, I'm curious?  They're delivering working miners on time.
sr. member
Activity: 356
Merit: 250
Dock.io
Neither option is sounding very profitable.  Whatshisface is right about the Blades needing to come down to 2 BTC to turn some profit.  I think they are dropping the price again though so you may be in luck!
sr. member
Activity: 462
Merit: 250
Firing it up
ASICMiner blade first as Cointerra looks like vaporstuff.

I only trust two things for the time being. ASICMiner and AMD's GPUs.
legendary
Activity: 1274
Merit: 1000
Neither.  Bitfury October preorder is the way to go if you want something quick with real hashing power.

Just curious, why Cointerra over all of the others?  They're one of the furthest from actual delivery.

$3/GH
hero member
Activity: 784
Merit: 1004
Glow Stick Dance!
Neither.  Bitfury October preorder is the way to go if you want something quick with real hashing power.

Just curious, why Cointerra over all of the others?  They're one of the furthest from actual delivery.
legendary
Activity: 980
Merit: 1000
Need a campaign manager? PM me
But when it comes to mining hardware, we get confuse which one we should get. If I put it into the Game Consoles Mindset. I will go for the PS4 and not bother getting a PS3 now.  Huh
You will get a PS3 if you want to play GTA5. Thats what a friend of mine did. He sold his PS3 and pre-ordered PS4. Then he realized GTA5 is not on next gen so again bought one PS3 Grin
sr. member
Activity: 560
Merit: 250
I am really confused which one to buy right now ASICMiner Blade or CoinTerra? I am thinking about getting either 10 x 10GH/s ASICMiner Blade or 1 x 2 TH/s CoinTerra which will not get deliver until January 2014.  Cry

Which one should I get right now? Will I get my ROI quicker by buying 10 Blade? Or wait for the best and pre-order the CoinTerra 2 TH/s which is more powerful but that will be in 4 months time?  Huh

Also I am confused about how many GH/s = 1 TH/s  Huh

Thanks for your time.

Dragonkid  Smiley

You won't ROI AT ALL with a ASICMiner Blade. No ASICMiner hardware has ever returned the money spent on it. They are simply price WAY too high.

Right now a ASICMINER Blade at 10GH/s needs to be priced around 2 BTC or so to have a chance of breaking even. That is about $250. Any more and you won't make your money back. I'm not sure what you are paying but I'm guessing it is more than that.

A CoinTerra 2 TH/s delivered in early January should pay for itself and more.

But, CoinTerra has no hardware yet! They could easily miss their shipping target (pretty much ever mining company has been late so far), or they could even be a complete scam. At least if you pay by credit card you should be able to get your money back. Also, it's possible that with KNC, HashFast, and Bitfury shipping this fall, the difficulty could be far higher than predicted and even 2 TH/s at $6k or whatever CoinTerra is charging might not break even. With ASICMiner though, you are pretty much guarenteed not to break even.

Cointerra will make you a whole $700 more is it worth risking $6k? No
sr. member
Activity: 560
Merit: 250
None with all the hash coming online those units will barley make any profit if not a loss, unless the price of bitcoin goes to like $1000
hero member
Activity: 546
Merit: 500
I am really confused which one to buy right now ASICMiner Blade or CoinTerra? I am thinking about getting either 10 x 10GH/s ASICMiner Blade or 1 x 2 TH/s CoinTerra which will not get deliver until January 2014.  Cry

Which one should I get right now? Will I get my ROI quicker by buying 10 Blade? Or wait for the best and pre-order the CoinTerra 2 TH/s which is more powerful but that will be in 4 months time?  Huh

Also I am confused about how many GH/s = 1 TH/s  Huh

Thanks for your time.

Dragonkid  Smiley

You won't ROI AT ALL with a ASICMiner Blade. No ASICMiner hardware has ever returned the money spent on it. They are simply price WAY too high.

Right now a ASICMINER Blade at 10GH/s needs to be priced around 2 BTC or so to have a chance of breaking even. That is about $250. Any more and you won't make your money back. I'm not sure what you are paying but I'm guessing it is more than that.

A CoinTerra 2 TH/s delivered in early January should pay for itself and more.

But, CoinTerra has no hardware yet! They could easily miss their shipping target (pretty much ever mining company has been late so far), or they could even be a complete scam. At least if you pay by credit card you should be able to get your money back. Also, it's possible that with KNC, HashFast, and Bitfury shipping this fall, the difficulty could be far higher than predicted and even 2 TH/s at $6k or whatever CoinTerra is charging might not break even. With ASICMiner though, you are pretty much guarenteed not to break even.
member
Activity: 84
Merit: 10

@dragonkid-  In regards to your logic via consoles, it sounds like you have made your decision.  Plus you can enjoy your PS4 the meantime Smiley

If you are looking for more RIGHT NOW, pick up another one or two blades, and resell them when you are ready(if your funding allows after PS4 preorder).  Though the difficulty rating is high,  there will almost ALWAYS be newbies out there looking for a start somewhere as bitcoin picks up in popularity.  

You are right, I guess after putting down all these post I actually come up with what I really want to do. And thanks for all who help me come to making my decision.

I think I will pre-order a PS4 (I meant CoinTerra)  Grin

They are both coming out the same time. Even though one cost a big difference in price, you can get 15 x PS4 for that price.  Cheesy

Thanks and all the best.

Dragonkid
newbie
Activity: 56
Merit: 0
@theSwede-  Where do you see the 1/2 TH miner on their site? I was only able to view their 1 and 2TH miners.


@dragonkid-  In regards to your logic via consoles, it sounds like you have made your decision.  Plus you can enjoy your PS4 the meantime Smiley

If you are looking for more RIGHT NOW, pick up another one or two blades, and resell them when you are ready(if your funding allows after PS4 preorder).  Though the difficulty rating is high,  there will almost ALWAYS be newbies out there looking for a start somewhere as bitcoin picks up in popularity.  
sr. member
Activity: 392
Merit: 250
Being one of 'those people' who do not believe in perpetual exponential diff increases I would clearly purchase a Jan delivery 1/2TH Cointerra miner. I think that with low watt consumption, increasing transaction fees and low $/GH the Cointerra miners will be profitable for a very long time.

Is a 2TH Cointerra Miner going to give me 3BTC/day just like labcoin hash rate?

I just checked out their website. They are still in development phase.

Oh okay!  Thanks buddy!
member
Activity: 84
Merit: 10
Being one of 'those people' who do not believe in perpetual exponential diff increases I would clearly purchase a Jan delivery 1/2TH Cointerra miner. I think that with low watt consumption, increasing transaction fees and low $/GH the Cointerra miners will be profitable for a very long time.

Is a 2TH Cointerra Miner going to give me 3BTC/day just like labcoin hash rate?

I just checked out their website. They are still in development phase.
sr. member
Activity: 392
Merit: 250
Being one of 'those people' who do not believe in perpetual exponential diff increases I would clearly purchase a Jan delivery 1/2TH Cointerra miner. I think that with low watt consumption, increasing transaction fees and low $/GH the Cointerra miners will be profitable for a very long time.

Is a 2TH Cointerra Miner going to give me 3BTC/day just like labcoin hash rate?
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