Cointerra Mining ASIC coming soon

[Xian01]

I don't like these "coming soon" announcements with no technical details of products coming out.

Having said that, if these guys are in Austin, I have a few trips planned there before the New Year, driving back and forth from Dallas, and would be happy to report on any demos or product these guys are developing if they are entertaining visitors.

[Flashman]

The way I see it, the progress will come from another company, which has designers experienced in analog/mixed signal ICs and who did high-power designs like cellular tower radios or synthetic aperture radars.

Hmmm, do you think that implies some advantage towards KNC, considering ORSoC is supposed to have cellular experience?

[cointerra]

So, what's your company USP (Unique Selling Point) compared with others?!
[/quote]

Our USP is highest performance for lowest cost and lowest power; $/GH and GH/W.

[cardcomm]

Thanks for rooting for Cointerra! We will make all Texans proud

Most real Texans aren't proud of anything that goes on in Austin, with the possible exception of football.  And then, only some years.   

In any case, I wish you the best of luck and greatest of fortune!

Uhm... I'm as REAL a Texan as it gets. With the possible exception of the politics, I'm pretty darn proud of Austin. No, I don't live there (I'm a little further south), but's it's a helluva fun place to visit! I'm always puzzled when people badmouth Austin...

BTW, it's sure been a mild summer so far...

[2112]

Hmmm, do you think that implies some advantage towards KNC, considering ORSoC is supposed to have cellular experience?

Which side of the cellular? In the pocket or on the tower?

If you can answer the above question you can deduct my answer based on my previous post.

[Loredo]

Uhm... I'm as REAL a Texan as it gets. With the possible exception of the politics, I'm pretty darn proud of Austin. No, I don't live there (I'm a little further south), but's it's a helluva fun place to visit! I'm always puzzled when people badmouth Austin...

BTW, it's sure been a mild summer so far...

Well, I just checked Lockhart on wunderground dot com, and it's showing 96F / 108 heat index.  See ya in September.

And, you know I was joshin' about real Texans v Austin, right?  But every state has a town which many citizens are fond of prefacing with "The People's Republic of..."  Even many who, to their Father Confessor, will admit to being secretly proud of the town and its accomplishments.

[Ytterbium]

I hope you (cointerra) realize that it will not be easy to aquire money from pre-orders at this point in time. It would be much easier to sell shares of your company, which could still work although you went with private investors so far.

Also I hope you realize that there is a not so unlikely scenario where energy efficiency from ASICs < 1W/GH will never matter. In order to make it matter the network would have to grow > 50 PHash/s while the usd/btc price would stay at 100$. The more the price rises..

First of all, there's no way a "legit" American company is going to sell shares on a virtual stock exchange at this point in time.  There are tons of laws about selling securities in the U.S. It's not going to happen.

Secondly, whether or not they can take pre-orders depends on how much they charge. If they're chips are cheap enough they could potentially still sell chips. It all depends on the $/Ghash. 

If they're $1/Gh/s, for example I'm sure they'll have plenty of people willing to buy from them. That would be like selling an Avalon for $80. Do you think you'd have trouble selling an Avalon for that price in November or December?

Not saying they'll hit that price, though. But the way things are shaping up people are probably going to be terrified to pre-order at anything but the lowest prices in Oct/Nov.

Which in turn means the network hashrate will likely start to top out.

At this point, though trying to make any kind of prediction impossible.

[Ytterbium]

So far None, Yes None of this guys have delivered on time. Butterfly, Avalon, will knc and bitfury delivers on time?

Bitfury was supposed to ship their chips in July.  So far I haven't heard anyone complain about not getting their chips.

[tacoman71]

Awesome. All I need now is some videos.

[Flashman]

But the way things are shaping up people are probably going to be terrified to pre-order at anything but the lowest prices in Oct/Nov.

Yup, unless something amazing happens to the price of BTC by then I'm gonna be looking to buy at under $5 a gigahash. Even that might sound equivalent to original "AM blade pricing" if everyone ships on time by then.

[PeZ]

Guys...give your head a shake.

All we see here is someone created a website with a bunch of names from LinkedIn and put one of the names on the domain purchase.

The nicely formatted "news release" was created by the website designer and has not been published by any reputable source.

I have not seen any third party confirmation. Ravi's twitter is protected so we can't see tweets from him.

No one uses Bitcointalk to disseminate this kind of business information if they are capable of reaching a wider audience through respected media outlets.

[ampu]

So, what's your company USP (Unique Selling Point) compared with others?!

Our USP is highest performance for lowest cost and lowest power; $/GH and GH/W.

Very good!
 
Now, since it looks like you choose the pre-order business model, you are asking everybody here to be an investor in your company: so please treat us exactly as you did with your "angel" to convince him to put millions in your project.
Go on with details now..

[minternj]

So, what's your company USP (Unique Selling Point) compared with others?!

Our USP is highest performance for lowest cost and lowest power; $/GH and GH/W.

Very good!
 
Now, since it looks like you choose the pre-order business model, you are asking everybody here to be an investor in your company: so please treat us exactly as you did with your "angel" to convince him to put millions in your project.
Go on with details now..

The pitch to the angel goes like this... " We will get your money back as soon as we get the preorder money." You already saw the pitch to you in the OP.

[crumbs]

Guys...give your head a shake.

All we see here is someone created a website with a bunch of names from LinkedIn and put one of the names on the domain purchase.

The nicely formatted "news release" was created by the website designer and has not been published by any reputable source.

I have not seen any third party confirmation. Ravi's twitter is protected so we can't see tweets from him.

No one uses Bitcointalk to disseminate this kind of business information if they are capable of reaching a wider audience through respected media outlets.

Don't be hatin' on Pantera, brah!   Ohshi...  Panthera.  no.  TerraCoin?  Cool site, anyhow.

[Ytterbium]

No one uses Bitcointalk to disseminate this kind of business information if they are capable of reaching a wider audience through respected media outlets.

Why not?  No one else is going to care. KnC sold out their first two production days posting here, People tried to poor in over $1.8 million dollars into the Labcoin IPO, and it looks like even BTCGarden's IPO was successful as well, with the major source of news about the products being here and the chinese bitcoin forums.

You can definitely get your hands on millions of dollars just from posting on these forums.  Problem is I wonder if investors are tapped out at this point.

[goxed]

Meanwhile
http://bitcoinexaminer.org/avalon-might-be-getting-a-200-million-investment-and-20nm-technology-to-become-the-leader-of-the-mining-market/

[Loredo]

Meanwhile
http://bitcoinexaminer.org/avalon-might-be-getting-a-200-million-investment-and-20nm-technology-to-become-the-leader-of-the-mining-market/

"Boss, we're getting BFL'ed out there something awful.  Do you think we should hire some people and work on order fulfillment?"

"No, fuck that.  Payroll is such a pain in the ass.  Let's just make up some story of how we're going to be King of the Hill again, and get some shill mouthpiece to publish it.  The sheep will eat it up, and nobody will want to say anything to piss off the King, right?"

[Bitcoinorama]

Meanwhile
http://bitcoinexaminer.org/avalon-might-be-getting-a-200-million-investment-and-20nm-technology-to-become-the-leader-of-the-mining-market/

If you're listing that link it's worth posting the following link as well to remind people why Bitcoin was created a year later and why an ex-senior government bond advisor who worked for Lehman Brothers and has a love for making money may be the last person you want involved in Bitcoin...

http://en.m.wikipedia.org/wiki/Bankruptcy_of_Lehman_Brothers

Edit: This has to be BS. Just google: Avalon 200 million

[cointerra]

So, what's your company USP (Unique Selling Point) compared with others?!

Our USP is highest performance for lowest cost and lowest power; $/GH and GH/W.

Very good!
 
Now, since it looks like you choose the pre-order business model, you are asking everybody here to be an investor in your company: so please treat us exactly as you did with your "angel" to convince him to put millions in your project.
Go on with details now..

The details will be released soon to the public, in a few weeks. If you want details right away, please send an email to info@cointerra.com, and we can setup a call to reveal more under an NDA just like our angels did.

[mik3]

If you sign up to their email list, the reply-to email is joeri.cornelissens@gmail.com googling that looks like someone in Belgium... what's all that about?