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1  Bitcoin / Hardware / Re: Cointerra Hardware Support **Unofficial on: September 30, 2014, 10:37:36 AM
Anyone load the new firmware? https://cointerra.com/firmware-downloads/
Posted from Bitcointa.lk - #4FzAEPuis6i4w19q
2  Bitcoin / Hardware / Re: Cointerra Hardware Support **Unofficial on: August 20, 2014, 02:00:33 AM
I've tried to re-thermal past one of my units, just where one of the groups of four are bad on both boards. The result was no change in temperatures, which leads me  to believe my coolant must be low or the cooling blocks are clogged. How do you add more coolant to the system? Is their a plug to top off the system or do I have to cut and patch a hose to do it?

Thanks!
Posted from Bitcointa.lk - #ZS4Ze8HI51nhwAMK
3  Bitcoin / Hardware / Re: Cointerra Hardware Support **Unofficial on: August 14, 2014, 06:00:34 AM
There is not yet a class formed.  For one thing the purchase agreement includes wording that it must first go to binding arbitration, and they are in that process.  I am in the queue with the same law firm should that result in something positive.  If however arbitration totally breaks down then they can go to the courts and request the court for a class to be formed.  It will probably be a year or more before anything comes out of that, if it actually happens.

I contacted Cline's attorney and maybe I miss understood the reply, but it is as follows:

Quote
Thank you for contacting us.  We are going to have a mediation with CoinTerra in September, where we will discuss possible settlement of the class action.  Once we hold the settlement, we will have a better idea of what the next steps will be for the class action and for individuals affected by CoinTerra's practices.  I can provide you with more information at that time.

Sorry to hear that as of to date, you still did not receive your refund!
I agree that CoinTerra probably miss appropriated funds that should have went directly back to their customers.

Yup, that's my take on it too.  Not sure about insolvency though.  I think they were able to keep many, many machines to use in their mining op.  In fact, I can't help but feel the recent spike in hash rate might be their latest round of machines at the new data center they teamed up with.

My thoughts are that there cloud mining operation is what the June Batch went for. The units that actually hit the 2Th's mark with a reduction in power consumption. I believe that those units and the Spondooliestech's, Yukon SP-30's that has been released is what produced the spike in the network. 

With only more units to follow.

I was considering on buying some of the Spondooliestech's Yukon SP-30's, but now they have changed the specs. from Hashing 6Th's to 4.5 Th's and raised the power consumption rate. After more investigation into this product I have found that running them on two 120-V circuits will produce a Hash Rate of less than 4Th's.

Just another CoinTerra and BFL operation with only one exception. They are not a US based company, with possibly no recourse.

These companies are just as bad as the Day Traders driving the price of the coin down with their FUD!
Posted from Bitcointa.lk - #nvFIGkW2HHMYy2c7
4  Bitcoin / Hardware / Re: Cointerra Hardware Support **Unofficial on: August 10, 2014, 12:35:25 PM
If you have a Cointerra machine and you feel they haven't lived up to their promised service or performance, here's another link you can try to get some resolution.  You won't have to pay for it either:

http://www.bbb.org/central-texas/Business-Reviews/virtual-currency/cointerra-inc-in-austin-tx-1000104440/

I have also filed a complaint with the Texas Attorney General https://www.texasattorneygeneral.gov/consumer/complain.shtml

Even-though the Attorney General can not seek restitution for you, I still felt that their unfair business practices needs to be brought to there attention!

I have purchased 3 units from CoinTerra and all 3 had to go through their lengthy RMA process. CoinTerra would only repair one at a time and the repairs have only lasted a month. Now all my miners are out of warranty and are running too hot again. I contacted CoinTerra and once they found the units to be out of warranty I receive no reply to my requests. Only confirms my suspicions that you would only get one repair out of them if you where lucky.

Even though there maybe some compensation from the Class Action Law Suit coming out of California it will only be related to the companies inability to hit the 2Th's mark and the excessive power consumption in conjunction with not being able too deliver the units in a timely fashion.

Their is nothing filed in the Courts to address the major losses of revenue due to CoinTerra's  lengthy RMA process. Which I found to be on a average of having a 6 weeks turn around until the unit is back in service and functioning normally. Nor for the time frame of the units operating even below the 1.6 Th's level till the RMA was recognized and CoinTerra took action to receive the units back.

As we all know time vs hashing power vs difficulty = major losses in revenue.

So, will CoinTerras consumers ever get what they are entitled to???
Posted from Bitcointa.lk - #7L0w4Gk6YGLaF4m6
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