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Title: Don't buy a Terraminer - is this article accurate? Post by: Doshbot on January 27, 2014, 12:49:26 AM Hi,
I'm curious about this article: https://medium.com/p/dba373d905d3 Does he know what he's talking about? I have a feeling he may have made a wrong assumption somewhere, but don't know enough to figure it out. Thanks Title: Re: Don't buy a Terraminer - is this article accurate? Post by: empoweoqwj on January 27, 2014, 03:01:08 AM Of course he's right. Mining manufacturers are trying to sell you something so they make a profit and you are just collateral damage. Why would you believe their figures?
Title: Re: Don't buy a Terraminer - is this article accurate? Post by: Doshbot on January 27, 2014, 11:53:02 AM I was looking at the figures of the bitcoin calculators using the hashing figures given the by the manufacturers. Of course, I wasn't going to go and buy one before asking people in the know about these things though, hence my post here :)
Thanks. I think I'll stick to Litecoin mining. Title: Re: Don't buy a Terraminer - is this article accurate? Post by: empoweoqwj on January 27, 2014, 12:29:36 PM I was looking at the figures of the bitcoin calculators using the hashing figures given the by the manufacturers. Of course, I wasn't going to go and buy one before asking people in the know about these things though, hence my post here :) Thanks. I think I'll stick to Litecoin mining. Good decision :) Title: Re: Don't buy a Terraminer - is this article accurate? Post by: ujka on January 28, 2014, 03:10:13 PM I was looking at the figures of the bitcoin calculators using the hashing figures given the by the manufacturers. Of course, I wasn't going to go and buy one before asking people in the know about these things though, hence my post here :) Yes, good decision.Thanks. I think I'll stick to Litecoin mining. Seen cointerra webshop? What they are selling are pre-orders, right now for May. Title: Re: Don't buy a Terraminer - is this article accurate? Post by: empoweoqwj on January 28, 2014, 03:22:09 PM May ... that's so funny. It's like planning for a different universe.
Title: Re: Don't buy a Terraminer - is this article accurate? Post by: crocko on January 28, 2014, 04:57:40 PM The article is based on information gathered by http://minr.info/
Actually, minr.info is not the "fountain of wisdom", it is heavily rely on the input provided by users here : https://minr.uservoice.com/ Myself I proposed last year to minr.info to take in consideration Black Arrow and Ant Miner and I asked about VMC and XCrowd The site is not up to date, the old KNC Saturn it is still listed.... :D So if you can afford, just buy your Cointerra Terraminer. Or even better, buy BTC. Title: Re: Don't buy a Terraminer - is this article accurate? Post by: Sonny on February 01, 2014, 12:50:07 PM Mining manufacturers are trying to sell you something so they make a profit and you are just collateral damage. Agree. :) If you have faith in bitcoin, just buy bitcoin directly. |