Who would preorder for Dec 2014 at $0.99 GH/s

[gallery2000]

I got this email from Cointerra to solicit my preorder for Dec 2014.  Are they crazy?

Dear CoinTerra customer,
We are now accepting pre-orders for Dec-2014 mining contracts through CoinTerra Mining with prices as low as $0.99 per GH/s. We wanted to reach out to you to make sure that you get a jump on ordering a contract since we expect capacity to sell quickly at these prices.

The mining contracts range from 2 TH/s, 12-month contracts, starting at $3,500, all the way to 1 PH/s, 12 months, for $990,000. These mining contracts are completely hands-off. This means that for the entire contract period you receive weekly payouts to your Bitcoin wallet based on your hash-rate and you never have to worry about downtime, cooling, power or any other maintenance.

To place an order for our Dec-29th contract from the ‘pre-order’ selections, place your order. We will confirm your contract as soon as we verify your payment.
Please stay tuned for more information on the launch of our new hardware line in the coming weeks, and if you have any questions or comments please don’t hesitate to reach out to us on support@cointerra.com

Very Best,

The CoinTerra Team

[RoadStress]

Stay away from Cointerra. You can get better prices right now, no need to wait until December!

[jonnybravo0311]

That's just plain awful.  I was arguing with the CEO of MegaMine that him charging $3100 for a 2TH/s year-long contract available right now had no way to make positive ROI for the customer.  $3500 for the same thing in December?  They're out of their minds.

[DrG]

Do they have a fancy graphical display?  That's what drew a lot of the fools who invested in Cex.io 

[Klubknuckle]

You would be surprised, buying this is as good as buying hash in cex.