Cointerra doesn't understand economics of Bicoin mining. That was apparent when they came out with the Terraminer for December delivery priced at $14,000. Granted, they brought down the price a little bit after they realized no one would buy it for that price. They were still overpriced at 12.5k.
The fact that they only have the February shipping date Terraminer for sale right now is not a good sign. It seems like maybe that's the earliest they think they could ship. They are already a month behind schedule on tape out. It's not looking good. I'm glad I passed on Cointerra.
Or they sold out of dec and jan? These guys might just have a clue about production rates? If they taped out a month ago that would seem probable. However having not taped yet, Dec becomes highly unlikely (I would say impossible but like cracking a Bitcoin private key I guess it is possible) and even Jan is questionable. If we assume they pay for a high cost low volume "rocket run" you are still looking at 30-45 days from tapeout before wafers are fabricated. That assumes no delays or complications at the foundry. The foundry will pad their windows with another 2-3 weeks in the contract so they can juggle around orders to keep the fab at 100% capacity. Remember that fab cost the company a couple billion and the value of the wafers it produces falls with Moore's law. Downtime is not an option and if necessary they can (and routinely do) bump small orders to reoptimize their operation. So say Cointerra taped out today, wafers might be done in early to late Dec. Add in 7-10 days for wafer transport, cutting, packaging, and testing and you are looking at late Dec, early Jan before they have chips. Remember a wafer isn't a chip so fabrication taking 45 days doesn't mean on the 45th day you have a chip ready to solder to a board. You have a giant wafer which needs to be cut, tested, packaged, and shipped. Even if they are amazing and have all their ducks in a row give it a week for all PCB assembly, production, testing, and shipping. That puts shipping starting in early to mid Jan (and I am being optimistic). At this point (with tapeout not done) there is no slack in the schedule. It isn't like budgeting 8 weeks for chips but it doesn't matter if you are 5 weeks late starting because you can get chips in 3 weeks. Any delay starts pushing you into Feb range. Without tapeout done there is no way they can be further along in the schedule. Packaging can't happen until you have wafers, wafers can't start until tapeout is done. I almost bought in early Oct but the lack of a tapeout announcement concerned me (not bragging I bought from three companies and none have arrived yet). Even with a tapeout on Oct 1st, a Dec delivery would be pushing the limit. Now consider that we are 38 days past that point and the tapeout isn't done. I was ready for a purchase too, but thankfully you not replying to my PM about this made me reconsider
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When 90% of ALL your posts are only in this topic it's obvious that you have an agenda here
Yes, my agenda is that I placed an order with knc and that was my focus. I don't post in the hashfast thread because I don't have a hashfast order. I don't post in the cointerra thread because I don't have a cointerra order. etc. Why is that hard for you to compute? I don't post in the BFL threads because I don't have a BFL order. You getting it now? Was your order delivered or cancelled? Delivered. Faulty. If they cancelled and gave me my money back, believe me, I wouldn't be here. I'd be counting my lucky stars. How many posts do i need to write for you to show a proof? When did you order? When was it delivered? What's the fault? Why no RMA? I'm posting mostly in hw section as well..doesn't mean much FUD spreading is usually based on BS, most of the stuff he reported sounded quite reasonable and other customers have made experiences intersecting in some ways with his reports. That he doesn't describe it with nice words is understandable, especially considering when there are some praising them to heaven - pisses me off some time as well. Can't you accept that the currently best ASIC company in place still has a lot of room for improvement ?? There are several points concerning KnC I'm really unhappy and angry about, nevertheless the nice hardware in hands keep my mood up ..well, if I would have trouble with my hardware there'd nothing left keeping my mood up..so I can feel him Don't get me wrong. Posting only in HW section is one thing and posting ONLY in this thread and only bitching around is totally another thing. I only post here on the Mining forum (and sometimes in the Securities for some fun), but please check his history and you will see a pattern on his posts. That doesn't seem right.
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Several? 80% of his over 350 posts in this thread are directed towards KnC. Very funny how you THINK that some people are KnC, but you DON'T THINK that some people are against KnC...
Do you expect my posts in the KNC thread to be directed towards BFL? Many of my posts are reporting facts stated by knc (e.g. "All current paid orders will be shipped no later than October 15th") and calling them on it when those things didn't happen. Or kicking up a fuss when we were going 7 days without a single news update from them. I expect better service than that for me and everyone else, considering the amount of money we all paid knc. I can back up any of my statements from the list yesterday because they have ignored my emails to CS, I have rang their offices in office hours (Swedish time) and they have not answered etc. What do you expect - I'm going to clap my hands together and shout how great knc are when they cost me $2000 shipping late and then finally shipping me a faulty miner which is still plaguing me to this day? If they'd shipped me a fully working miner on time, believe it or not, I'd be full of praise. But I've been served a shit-sandwich from kfc and I'm not going to shut up just because you might like that. Until the issue is resolved, I will keep reporting my experience. And my experience with knc so far has not been good. I believe I fall into the same category as Cyper reported - not Day 1/2 orders, therefore a second class customers in knc's eyes. The problem is I paid just as much as the Day 1/2 orders, so there is no reason I should not be treated exactly the same. To be continued... When 90% of ALL your posts are only in this topic it's obvious that you have an agenda here and the fact that you haven't replied to me for this post https://bitcointalk.org/index.php?topic=170332.msg3504017#msg3504017 again makes me think that your only mission is to spread FUD about KnC. Still waiting for your proofs about your KnC unit. Edit: On another note let's talk about the future a bit. After taking in consideration the recent announcement from KnC and what D&T said i think KnC's plan is this: with the money from the sep/oct batch they have secured another 28nm mask for their gen2 chip(plus the fact that they may secure some cheap wafer runs considering they will need them only in March) and with the money from Nov batch+the sales from their gen2 miners they will save funds for a lower nm mask(20nm or it's 22nm? should be a lot cheaper than 16nm). The only unknown fact for me is if they will open sales before having chips in hand or after.
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also, can people start to get over the avalon hate? they seriously screwed people over (espescially anyone invoved in the K16 projects) by "losing" thier chips and slow hipping of batch 3. i get it. but now they have completed 1 (out of 3!) auctions to the satisfaction of bidders, and are selling and delivering currently stocked items for fairly competitive rates (3.5BTC for 110GH right now isnt bad, not enough to make me buy, but close)
I think the total damage is more than 50k$ and you say that we should move on and to help them make more money than before? Wtf is wrong with you? How about i rob you of all your belongings, but i don't hurt anyone else and i start socializing with everyone else would you like to be told to get over it? Don't think so.
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Are some people getting paid to talk positive about KNC?
I think some people ARE KNC. Avenger has made several posts which are negative, yet 100% accurate. If that's poisonous he didn't make the poison, he's just reporting it. On a brighter note.. I just woke up to see us hovering around the 300 exchange rate. That I would never have guessed even a week back. Several? 80% of his over 350 posts in this thread are directed towards KnC. Very funny how you THINK that some people are KnC, but you DON'T THINK that some people are against KnC...
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cryptx it seems that my 2 boards refuse to hash chained together. Only the board that has the USB cable is hashing.
And what's with the power leakage??? If i touch my micro-USB cable to the micro-USB jack from the board i get mini sparkles. THAT CAN'T BE GOOD! Advice?
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Cross post: Ok this is new. I'm getting 2 errors i never saw before. When i start cgminer i get an error something like "reset error.this is not an avalon (0:0:0...) and this is when i stop cgminer WTF MUTEX ERROR ON LOCK! errno=0 in driver-avalon.c avalon_flush_work():1549 reinstalled zadig drivers but the same. fortunately they still hash. are my boards dieing already? Edit: I think it has something to do with cgminer, because using 3.6.6 doesn't give me those errors.
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Ok this is new. I'm getting 2 errors i never saw before. When i start cgminer i get an error something like "reset error.this is not an avalon (0:0:0...) and this is when i stop cgminer WTF MUTEX ERROR ON LOCK! errno=0 in driver-avalon.c avalon_flush_work():1549 reinstalled zadig drivers but the same. fortunately they still hash. are my boards dieing already? Edit: I think it has something to do with cgminer, because using 3.6.6 doesn't give me those errors. And one of my boards makes a clicking sound. What's with that?
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My machines will work for hours and then say
"AvalonTask usb write_err:<-7> LIBUSB_ERROR_TIMEOUT" "usb_write error on avalon_write" "BTB0: Comms error<buffer>"
Any ideas?, running cgminer 3.7, XP, and i used zadig
I have to powercycle before cgminer can see the machines again
I think you can reinstall zadig instead of powercycle to see your boards again. Try a different usb port or maybe upgraded cgminer (latest is 3.7.2 right now)
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for what its worth, avalon just issued a tracking number for a sample pack of 10 chips. (not visible via ems yet)
I'm still waiting to hear back on getting some sort of samples to do an Avalon Gen2 design, but it's been just silence on their end. When did you request samples? Hi, It seems I lost a batch of sample request due to email filter issues (expecially at the beginning). Please fill this form (again): http://avalon-asics.com/my-account/sample-chip-request/Delivery address must have valid phone number and ZIP code. I will take care of them tomorrow. Sorry for the inconvenience and thank you for your understanding. ng After all this silence you come here only when you need money? Grats on your avalon gen1 chip and everything, but now you failed big time. Enjoy your chinese buyers, this forum doesn't want you around here.
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http://bitcoinwisdom.com/bitcoin/difficultyBitcoin Difficulty: 510,929,738 Estimated Next Difficulty: 652,003,109 (+27.61%) I am guessing about 50% increase in difficulty cause hashfast is getting ready to ship their ASIC..... Hashfast isn't getting ready for anything at this moment!
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I also have this problem on Windows 7, 64bit with both the Bitcoin-Qt and Armory-clients installed not on default locations. Else it works, but this constant rescanning upon each start make it practically useless for me for "fast" transactions. For offline wallets it's ok to wait for me.
It would be great if this can be fixed, maybe by checkpointing and a Merkle tree hash upon all successfully validated transactions.
I'm experiencing the same problem. If i close Armory and i run it again it rebuilds the database again. Is my blockchain corrupted? What can i do? By the way is there a way to change the default .wallet location and run the wallets from another folder?
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November 5th, 2013 – Austin, TX – CoinTerra®, ( www.cointerra.com) the performance and value leader in ASIC Bitcoin mining solutions is happy to announce that we are now offering TerraMiner® II and IV premium hosting through a partnership with exclusive hosting referral service TerraMine Hosting® ( www.terraminehosting.com). Domain Name: TERRAMINEHOSTING.COM Registrar URL: http://www.godaddy.comRegistrant Name: Ravi IyengarRegistrant Organization: Name Server: SETH.NS.CLOUDFLARE.COM Name Server: VERA.NS.CLOUDFLARE.COM You trust this guy? You can tell from his face that he will stab his own mother. What's up with all the ASIC vendors selling hosting instead of miners and/or bare chips? And yes MOAR boxes with fans because that's what drives the sales upward!!!
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your username hurts my eyes.
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overclock tips?
thanks
I think 140GH/s per chip is the maximum, so not much room for overclock. I'm getting 144GH/s per chip without overclock. Ok then that's the maximum. Someone posted a formula with cores and speed, but i don't have it at hand, but you cant push chips faster than that because it's already their maximum.
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Hashfast finally got back to me and has told me that an official statement will be given by the company later today.
Isn't this the second time that they announce that a statement is imminently? They run out of ideas?
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'orama,
Can you ask Sam to make a better deal for November orders?
$7K @ a diff of 148m was acceptable.
$5K @ a diff of 600-700m by the time they arrive is simply not a good deal at all. Buy two get one free perhaps to avoid the hassle of refunds?
Hell even BFL was kind enough to send out Single boards first for me when I needed an RMA. I can't believe I am praising BFL over KnC at this point.
I was never compensated for downtime and KnC doesn't have any sort of advanced RMA.
November products are way overpriced.
I'm not very excited for a new 16/20nm chip. They claim to be grateful to customer's that helped put them on the map but I have yet to see that.
I was even told directly over the phone that my status as a customer was less important compared to those who ordered in June/July, because I didn't help them fund the initial costs. What kind of a company says that to a customer Wow, that's a really shitty thing to say. The price of the November orders proves they care about those people even less. Now that BTC is in the news again, I'm sure they will sell easy to new suckers. You are either on your period or you have an agenda. So please share with us your agenda. In a gold rush the guys selling shovels don't break the miners legs with them..they need those guys to come back and buy again.
They don't seem to care. They don't seem to realise that for many, this will be how their whole affair will be remembered: ORSoC: Amazing KNC: Poor/Zero communication Over promising and under delivering to ~40% of customers Rude/unfriendly/stroppy customer service Ignoring customer emails Inability/unwilling to answer phone during regular office hours Underprepared and understaffed Stubborn/rigid RMA policy I haven't really understood the rage in Bitcoinorama until i clicked on your last posts and i saw that the last ~350 posts are all in this thread flaming KnC. You never posted your order number, but by now you should've got your unit. Did you? If yes got any proof? On whose payroll are you? I can count the number of people that have (Serious) issues with KnC on one hand.
I'm talking about the people that are on here every day hooting and hollering about how bad of a company KnC is because of this and that.
Having 5 Disgruntled customers out of ~8,000 units shipped isn't so bad.
While I'm aware there are more issues than this, it seems the majority of customers are getting fixed by Firmware or their RMAs seem to be working.
Finally someone else noticed this
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overclock tips?
thanks
I think 140GH/s per chip is the maximum, so not much room for overclock.
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you don't think its more likely that they've finished their first silicon and are now hiring a team for their second silicon. In other news, kncminer's design partner, Alchip announced they're working on their second KnC silicon yesterday and BitFury is working on their second one..
Starting the second chip seems to be what people tend to do after they've finished the first chip. Since hashfast has taped out already, do you think their asic engineers are now twiddling their thumbs or do you think may also be working on the next one too? which is it, hashfast fanboy?
Proof of both statements?
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