[WTS] Cointerra TerraMiner IV ~1.2TH/s Bitcoin ASIC Miner IN HAND

[lxssthxnzxrx]

I want to sell my Cointerra TerraMiner IV which is hashing along at ~1,2TH/s (up to a maximum of 1.4TH/s if you can provide sufficient cooling). 1 of the 4 GoldStrike 28nm ASIC chips is offline which can be fixed by either getting the unit RMAed by Cointerra which I just don’t have time to do since the unit will need to be packed up and sent to the Cointerra HO in Texas and back again or by swapping out the motherboard and pump. I give no guarantee that the offline Goldstrike can be fixed however considering Cointerra's generally lackluster customer service and mediocre communication. I have tried the unit on several different mining pools for several days at a time including GHASH.IO, BTC Guild, and Eligius which all work fine. You can also set the miner to Load Balance mode so it mines on up to 4 different pools at once.

At the current difficulty of 6,978,842,650 and the hash rate of ~1.2TH/s the miner can make ~0.086BTC per day.

I can input your mining pool credentials for you before sending out the unit if you would like, it is currently running off firmware version 0.7.6 which uses cgminer version 4.1.0.

Proof that I own this miner (you can verify with http://www.coinig.com/)

Message from address 1LGpJ7kxAia6mK4gw2M8dcF86mBDQYNTvV (which this miner is currently mining to at http://eligius.st/~wizkid057/newstats/userstats.php/1LGpJ7kxAia6mK4gw2M8dcF86mBDQYNTvV).

Message:
I, lxssthxnzxrx, own this Terraminer.

Signature:
HAFP9xxHzROBfdxyfaA17JGvUqx1ndK5UEOKl1If/SvP7ExAaHw0SoFvAhNOGddrsBxGoZx3cy9R0dndwbcUcUk=

Price: 8BTC including international express shipping or free local pickup if you're in QLD Australia.

https://i.imgur.com/448DFWz.jpg
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https://i.imgur.com/hmsHyRE.jpg
https://i.imgur.com/uJ87kUX.jpg
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https://i.imgur.com/vyTQY11.png
https://i.imgur.com/4ChzHR2.png

[killinitsoftly]

Wow... 8BTC is quite a bit, no?
Let me know how your sale goes. 

[Killerloop]

IMHO you should pursue that strongly, 8.4BTC for a 75% working cointerra is more than 3.5 BTC above fair market value.

[ChuckBuck]

I would jump on that 8.4 BTC offer in a heartbeat, there's a chinese seller in the Group Buys section selling 1 TH/s miners for roughly 4.4 BTC right now.

[braindead]

I offer 5BTC delivered to Portugal


Escrow is mandatory and should only be released after testing the unit

[Killerloop]

That 8.4BTC offer appears to have fallen through which I guess is to be expected. I've received an offer on eBay for ~$4000 from a Swedish user but they only have 12 buyer feedback and they want to pay with PayPal which would open me up to being scammed.

Price drop to 6BTC.

4000$ is more than 8BTC
Do not accept paypal it is a 99% attempt to scam you out of your equipment. Unless they accept that you pay AND withdraw fund before sending.

...and I would top braindead offer but OP price is 6 BTC so I won't bother

[padrino]

That 8.4BTC offer appears to have fallen through which I guess is to be expected. I've received an offer on eBay for ~$4000 from a Swedish user but they only have 12 buyer feedback and they want to pay with PayPal which would open me up to being scammed.

Price drop to 6BTC.

4000$ is more than 8BTC
Do not accept paypal it is a 99% attempt to scam you out of your equipment. Unless they accept that you pay AND withdraw fund before sending.

...and I would top braindead offer but OP price is 6 BTC so I won't bother

Paypal via eBay is a 99% scam? Are you completely out of touch with reality, if it is eBay and Paypal and you have a decent account history there I for one wouldn't sweat it much.

[Killerloop]

Paypal via eBay is a 99% scam? Are you completely out of touch with reality, if it is eBay and Paypal and you have a decent account history there I for one wouldn't sweat it much.

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I'm in touch with reality and very knowledgeable in this field my friend 

Credit Card Chargeback Scam
PayPal allows buyers to fund their purchases with a credit card. This is very convenient for buyers, but opens the door to fraud for sellers. If the credit card being used is stolen or the buyer initiates a chargeback, the credit card company will take the money back from PayPal. Whether PayPal takes the money from the seller's account depends if the purchase is eligible for PayPal's seller protection policy.

Over $250 PayPal Scam
This scam is similar to the "item not received" scam. Again, the scammer will use PayPal to pay for the item and wait for it to be delivered. The difference is the item sells for $250 or more. When the package arrives, the scammer will check if signature confirmation was used. If so, the scammer will leave the seller alone and move on.
If not, the scammer will open a dispute with PayPal and claim the item was not received. Even if the seller used delivery confirmation and can show the item was delivered, it will not help. Without proof of delivery using signature confirmation for items $250 or more, PayPal will take the funds out of the seller's account and return it to the scammer. This is an extremely hard lesson to learn as the item may have been quite valuable.
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As the offer is not only out of market, but actually out of REALITY it definitely looks like a scam to fish greedy sellers who don't know all the required technicalities in selling an item for such an amount.

[padrino]

Paypal via eBay is a 99% scam? Are you completely out of touch with reality, if it is eBay and Paypal and you have a decent account history there I for one wouldn't sweat it much.

------------------------------------------------------------------------------
I'm in touch with reality and very knowledgeable in this field my friend 

Credit Card Chargeback Scam
PayPal allows buyers to fund their purchases with a credit card. This is very convenient for buyers, but opens the door to fraud for sellers. If the credit card being used is stolen or the buyer initiates a chargeback, the credit card company will take the money back from PayPal. Whether PayPal takes the money from the seller's account depends if the purchase is eligible for PayPal's seller protection policy.

Over $250 PayPal Scam
This scam is similar to the "item not received" scam. Again, the scammer will use PayPal to pay for the item and wait for it to be delivered. The difference is the item sells for $250 or more. When the package arrives, the scammer will check if signature confirmation was used. If so, the scammer will leave the seller alone and move on.
If not, the scammer will open a dispute with PayPal and claim the item was not received. Even if the seller used delivery confirmation and can show the item was delivered, it will not help. Without proof of delivery using signature confirmation for items $250 or more, PayPal will take the funds out of the seller's account and return it to the scammer. This is an extremely hard lesson to learn as the item may have been quite valuable.
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As the offer is not only out of market, but actually out of REALITY it definitely looks like a scam to fish greedy sellers who don't know all the required technicalities in selling an item for such an amount.

Thankfully your details on the scams say exactly what to do.. Which is why one wouldn't ship before verifying seller protection.. I've sold over 40K of miners via eBay and not had a single problem, and given current eBay sales that offer is in the sweet spot for that environment..

[Killerloop]

Thankfully your details on the scams say exactly what to do.. Which is why one wouldn't ship before verifying seller protection.. I've sold over 40K of miners via eBay and not had a single problem, and given current eBay sales that offer is in the sweet spot for that environment..

Current Ebay sales out of market price are basically zero. People know how to use cex.io or tradeblock nowadays. Yet sellers keep asking insane amounts, usually to recoup from bad preorders.
There is even a guy asking more than 15000$ for 4 butterfly monarch  

I'm not saying that he should not sell his unit for that amount, he definitely should! However given current market and BTC price that offer is too good to be true; so I advise him to be very careful because 99 out of 100 these situations turn into one of the scams I've written about.

If I'm wrong, and I hope so, he should take all necessary steps to ensure payment with the utmost care. Good luck.

[Killerloop]

Nobody has jumped at it yet except to offer to pay <$1,500 or so for it, it's got 4 hours left on eBay though: http://www.ebay.com.au/itm/181386785421?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649

I've been scammed a number of times buying and selling items in BTC so I'm a little weary to send it off to a user with a small post count but it seems the only I'll be able to shift this unit unless I try to sell it on Craigslist or Gumtree where most users probably haven't even heard of bitcoin.

Protect yourself: use trusted escrow.
1500$ is a bit harsh.

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