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321  Bitcoin / Hardware / Re: CoinTerra Unveils a 2TH/s ASIC Bitcoin Miner : TerraMiner IV on: August 20, 2013, 01:39:55 AM
Due to high interest and demand, we have decided to announce the specs and price of our first product: TerraMiner IV, before the official launch of our full product line.

TerraMiner IV is the most powerful, high-performance Bitcoin mining rig available for pre-order and packs a hashrate of greater than 2 TH/s.

Designed by the world’s leading experts in ASICs, mathematics and algorithm design, it features Cointerra’s in-house designed ASIC – the GoldStrike1.

TerraMiner IV delivers unprecedented performance while maintaining an exceptionally efficient wattage rating (of significantly less than a watt per Gh/s). It is optimized and designed for use by Bitcoin mining professionals who demand the very best cost/performance ratio for their systems.

TerraMiner IV will ship in December this year and retails for $15,750.
 
For more information and to place an order, go to order.cointerra.com.

Looking forward to serving you,

The CoinTerra Team

- -

We apologize for the slight delay in the announcement here on the forum. We wanted to be sure that all the people who actively signed up for email updates on our website received this message first.

$15,750!?  To me, that says "Hi.  I'm Cointerra.  I'm only interested in talking to you if you have a TON of money laying around for an asic."

Anybody with any real interest in the bitcoin community would be willing to serve all customers, not just wealthy ones.

This is a very unfortunate mistake you are making.  It obviously only benefits very few with deep pockets, it is an absolute disgrace to the bitcoin community as a whole.  It has no value whatsoever to low-end consumers (miners) - the very people that brought bitcoin into existence.  What a horrible business model, nothing more than a quick exploit for big profits.

If you are interested, have a look at a company who serves the entire community:  AsicMiner (friedcat) has everything from low-end USB sticks to blades.  Something for everyone.  (You'll figure out after you fail that "something for everyone" was something you've overlooked while you were blinded by huge hash rates selling for tons of money)

Will it make you happy knowing that so many out there would love to own a product like this, but that you've completely priced most of them out?  You deserve to fail, miserably.
322  Economy / Computer hardware / Re: Avalon For sale! 65BTC on: August 15, 2013, 01:25:40 AM
And here is a calculator that will help explain how much they'll end up losing on that deal:

http://mining.thegenesisblock.com/

In about 4 months, that thing is a large Avalon paperweight.  Sucker born every minute.

 Cheesy

(bump)

Seriously though, I'm glad you are able to cut some of the losses.  I sincerely hope someone will give you a premium price for it.
323  Economy / Computer hardware / Re: Avalon For sale. on: August 14, 2013, 06:53:19 PM
I would accept the 65BTC offer NOW before the buyer does the math and finds out they're going to lose big time on this  Grin
324  Economy / Computer hardware / Re: Avalon For sale. on: August 14, 2013, 01:31:54 AM
Hello ladies and gentlemen. I'm offering to sell my Avalon, i can provide pictures Etc, its got three hashing modules, works perfectly fine for mining Bit-coins at a fast rate. I bought the damn thing for 130 Bitcoins. only managed to mine 20 so far. I'm really pissed off at myself as a result. Anyways I'm open to taking offers for it. As it stands right now i have an offer of 60 Bitcoins, so ill use that as a starting point, if no one can beat it that's fine, i just want to get the most out of it and minimize my losses. which currently stand at 50 bitcoins. i am an idiot. Sad Cry

Ill pay for shipping where-ever. i am in Canada so that is where i would be shipping from.

It's not your fault.  Do you remember who made money during the gold rush?  Those who sold shovels.

If you truly want to sell it, I would take the 60BTC offer.  The alternative is to continue mining and hope the price of BTC goes through the roof, or use it to mine an alt sha256 coin, etc.  Once the 60BTC offer notices the current BTC difficulty, you'll have a hard time finding a replacement offer, so do act fast one way or the other - all in my humble opinion.
325  Economy / Computer hardware / Re: WTS USB ERUPTOR X56 +16x USB 3.0 7 Port Plugable Hubs-20BTC (Escrow Included) on: August 14, 2013, 12:22:03 AM
Quote
If anyone wants, I have now decided I will sell any quantity of individual miners for 0.45BTC/each + 0.03BTC shipping (Any quantity).

Willing to escrow with John K but you pay the escrow fee.

That is what I was responding to...

Anyhow, you've found up-to-date pricing so that is all well and good.

Personally, with a current difficulty of 50+ million and "next" difficulty to again skyrocket, I would not be purchasing these USB paperweights with the intention of even recovering the cost of your investment.  Maybe they're wanted for novelty purposes.  Also see other threads where Avalons are now selling in the 30BTC - 40BTC range, for those interested.  It is what it is.

Happy mining  Grin
326  Economy / Computer hardware / Re: WTS USB ERUPTOR X56 +16x USB 3.0 7 Port Plugable Hubs-22.22BTC (Escrow Included) on: August 13, 2013, 11:01:48 PM
These can be purchased brand new for 0.38BTC/each.

Not trying to spoil the parade, but just noting it.
327  Bitcoin / Hardware / Re: Off-Topic on: May 24, 2013, 03:30:44 AM
Fwiw, I'd like to give TerraHash some time to get organized before dropping the judgement hammer.  There are a lot of good detectives in this forum that have seen many scams.  Trying to pull a scam involving illegitimate physical addresses would be a non-starter, considering that they've went as far as inviting people to visit.

Want to get the real story on their physical whereabouts and up-to-date information on lease agreements?

Option 1:  Search the internet, find some pictures, raise huge speculative red flags.
Option 2:  Send them an e-mail and ask them questions.  Post the results (or lack thereof) in the forum to promote/destroy their credibility.

Earlier on they mentioned that they are too busy being productive to deal with FUD/trolling. Lack of regular forum responses to some of the previous replies seems consistent with this.

Best case scenario, at this moment:  They continue working on providing great ASIC products and services, and working on leasing space i.e. imgur.com pics.
Worst case scenario, at this moment:  We admire cool DX pencil drawings and other artistic novelties, and continue watching other groups push on with real ASIC development.

I sincerely wish TerraHash great success.  This is quite an undertaking, and I admire anyone with the guts to take it on.
328  Other / Beginners & Help / Re: Official Newbie BitInstant Support Thread (Active Customer Support) on: April 05, 2013, 03:09:04 AM
Hello.  We run a business and have purchased thousands in MtGox funds through BitInstant.  We are very grateful for the service.  That being said, this order also shows as completed on BitInstant, but no funds transmitted.  We work with a lot of people that deal in bitcoins, and I would hate to have something like this ruin the past successes we've had with BitInstant.

Please assist.

[EDIT] Seth from customer service just let me know that there was a coupon code to redeem.  I had no idea.  I totally feel dumb now.   Huh

Thanks!
329  Economy / Micro Earnings / Re: Free Bitcoin Sites *and* Free Newbie Lotto on: February 23, 2013, 12:31:18 AM
Good questions.  I am not affiliated with it.

Here is what I learned, in order to obtain the BTC for free, without getting spammed and such.

I always use a fresh/alternate e-mail address.  I definitely do not want spam.  For a phone number, I use google voice.  I obviously will not give them my personal cell number  Cheesy

I avoid surveys, because they tend to "screen" me out.  I avoid downloads at all costs, they will infest your pc with bad things.  I go after the simple form submissions, in some case it's first name/last name/email.

Anyhow I grinded out several hundred points and put in a redeem request on their site, and received BTC.

Because I did not pay for any of this, I consider it a "free" way to get coins.  Also keep in mind I'm not trying to promote it, but I saw this thread and thought that the material may be appropriate.

As always use your best judgement everyone, and if this information is useful then I'm glad it may benefit you.

Peace,

--sharknutzz
330  Other / Beginners & Help / Re: Troubles with coinbase on: February 22, 2013, 11:32:54 PM
Last week I had a transaction for the max on coinbase (10 BTC) - they took the funds, then waited till fulfillment day, then reversed the transaction and sent the funds back to the bank.

Beware.   Shocked
331  Other / Beginners & Help / Re: Registered paypal WTB 2.7BTC on: February 22, 2013, 11:29:12 PM
I heard that PayPal is now freezing accounts that sell BTC

doh!

 Shocked
332  Other / Beginners & Help / Re: Missed out on Ripple! on: February 22, 2013, 11:27:42 PM
Been reading this forum for a while myself, and finally signed up.

Glad to be here!

 Grin
333  Economy / Micro Earnings / Re: Free Bitcoin Sites *and* Free Newbie Lotto on: February 22, 2013, 11:24:50 PM
Hello all, I found a web site out there that gives away free bitcoins.  It's going to take a bit to explain this but I'll do my best and feel free to use your own judgement and opinions of course.

Anyway so here goes.

The web site is:  http://www.boozehoundpoker.com/

There is a section of the website that let you earn points.  You then redeem the points for BTC.  I've successfully redeemed for BTC and received it in about 30 minutes.

Also if you are into poker, these guys run a nightly Texas Holdem freeroll on the Seals With Clubs bitcoin poker web site, I think it is at 8 pm every night.

Check it out if you'd like, hope it might add to your free BTC collection!

Peace,

-sharknutzz
334  Other / Beginners & Help / Re: Introduce yourself :) on: February 22, 2013, 11:17:13 PM
Hello, I'm sharknutzz.  I bet you're wondering how I got that name.  Shocked
335  Other / Beginners & Help / Re: How long until I can post outside the newbie area? on: February 22, 2013, 11:15:59 PM
Cool forum  Grin
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