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Author Topic: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s  (Read 230990 times)
cedivad
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January 16, 2014, 03:25:43 PM
 #1301

Hashfast is not shipping who is putting this hashing power on the network?
HashFast has proved to be able to ship at least 4 completely working units to IceDrill, see their thread for more info.
If they can make 4 perfect units, there are not many reasons for them not being able to do 400, given their claims to have chips in hand (email: http://hashfast.org/Email/31_December_2013) ready for ... Well, for a lot of miners.

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
DPoS
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January 16, 2014, 03:34:44 PM
 #1302

Hashfast is not shipping who is putting this hashing power on the network?
HashFast has proved to be able to ship at least 4 completely working units to IceDrill, see their thread for more info.
If they can make 4 perfect units, there are not many reasons for them not being able to do 400, given their claims to have chips in hand (email: http://hashfast.org/Email/31_December_2013) ready for ... Well, for a lot of miners.

So were their many problems faked?  Or overblown to give the impression they were not ready to ship and then force refunds on you all?

Nice touch to send a junked miner to Luke Jr

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cedivad
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January 16, 2014, 03:44:00 PM
 #1303

I think that they were completely legit problems, it doesn't make a lot of sense not to ship if you can and if your customers have that contract in hand.

They simply solved it during the first days of the year, as they said it would happen during the last communications we had from them or so.

/ot

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
plato14
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January 16, 2014, 04:43:01 PM
Last edit: January 16, 2014, 04:56:09 PM by plato14
 #1304

I think that they were completely legit problems, it doesn't make a lot of sense not to ship if you can and if your customers have that contract in hand.

They simply solved it during the first days of the year, as they said it would happen during the last communications we had from them or so.

/ot

So you're  implying that hashfast has put this on the network.  I have been following the hashfast thread somewhat, are you going to be involved in any lawsuits with them?
plato14
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January 16, 2014, 07:46:29 PM
 #1305

Made a post on reddit about our situation, i also mention other mining companies

http://www.reddit.com/r/Bitcoin/comments/1vdnoa/add_cointerra_to_the_list_of_asic_manufacturers/
sbfree
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January 16, 2014, 10:21:03 PM
 #1306

Any idea of price per GH/s?

I am trying to decide to wait for you, or order through KnC.

If you are ok with discarding your KNC product in a couple of months after purchase, then go for it.
MY OH MY...crow anyone??
greenbtc
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January 16, 2014, 10:34:12 PM
 #1307

Any idea of price per GH/s?

I am trying to decide to wait for you, or order through KnC.

If you are ok with discarding your KNC product in a couple of months after purchase, then go for it.
MY OH MY...crow anyone??

Haha, what a statement.
DPoS
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January 16, 2014, 11:07:37 PM
 #1308

Any idea of price per GH/s?

I am trying to decide to wait for you, or order through KnC.

If you are ok with discarding your KNC product in a couple of months after purchase, then go for it.
MY OH MY...crow anyone??

Haha, what a statement.

hilarious.. and their predictions on their own miners are just as off base

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plato14
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January 17, 2014, 04:50:40 AM
 #1309

Any idea of price per GH/s?

I am trying to decide to wait for you, or order through KnC.

If you are ok with discarding your KNC product in a couple of months after purchase, then go for it.
MY OH MY...crow anyone??

Funny i remember reading this!
darcimer
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January 18, 2014, 06:12:40 AM
 #1310

Just breached over 2000MM on the next difficulty prediction, it will probably be much more for the next adjustment.  There have been large spikes this month, several petahash...Hashfast is not shipping who is putting this hashing power on the network?  Is it KNC?
2000 MM?  Source please.
Last jump was under 400, bitcoinwisdom projects 500MM.
Sitarow
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January 18, 2014, 11:47:56 AM
 #1311

Just breached over 2000MM on the next difficulty prediction, it will probably be much more for the next adjustment.  There have been large spikes this month, several petahash...Hashfast is not shipping who is putting this hashing power on the network?  Is it KNC?
2000 MM?  Source please.
Last jump was under 400, bitcoinwisdom projects 500MM.


A large % of the spikes can be attributed to variance.
Next target increase is estimated at 30%.

http://bitcoinwisdom.com/bitcoin/difficulty
Bitcoinorama
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January 18, 2014, 11:51:53 AM
 #1312

Just breached over 2000MM on the next difficulty prediction, it will probably be much more for the next adjustment.  There have been large spikes this month, several petahash...Hashfast is not shipping who is putting this hashing power on the network?  Is it KNC?

Apparently not.

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plato14
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January 18, 2014, 05:55:48 PM
 #1313

has anyone been in contact with cointerra?  I have emailed them a couple of times with no response
VolanicEruptor
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January 18, 2014, 06:12:38 PM
 #1314

has anyone been in contact with cointerra?  I have emailed them a couple of times with no response

They're hiding.  Just imagine how many e-mails they're getting right now.. Jan 18th and not a single machine shipped

DPoS
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January 18, 2014, 06:36:50 PM
 #1315

Any idea of price per GH/s?

I am trying to decide to wait for you, or order through KnC.

If you are ok with discarding your KNC product in a couple of months after purchase, then go for it.

yeah, i have to admit this is pretty rude and hostile....

Didn't mean to be rude or hostile. The Knc folks are our very good friends. My point was that the ROI on your investment with the current rigs will not be much more than a couple of months when new more powerful rigs come online.

As we all know the ROI from the ASIC mining boxes depreciate at a rate faster than anything else in the world. That was the point I was making, albeit a little flippantly and appeared in poor taste. We don't intend to disparage anyone, any competitor. We believe all healthy competition is good for the Bitcoin ecosystem.




don't worry, they know to mine as much as possible with these things before shipping them out!!  Remember, they are in it for the long haul!

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aerobatic
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January 18, 2014, 06:43:26 PM
Last edit: January 18, 2014, 07:15:30 PM by aerobatic
 #1316

has anyone been in contact with cointerra?  I have emailed them a couple of times with no response

They're hiding.  Just imagine how many e-mails they're getting right now.. Jan 18th and not a single machine shipped

really don't think they're hiding.  their jan orders aren't in any way 'late' til januarys over and we're barely halfway through the month... and contractually they have til end of feb before they're properly late.  I've appreciated the weekly updates.. almost like clockwork.  they're not acting like they're hiding, whereas their closest competition hasn't communicated with their customers in weeks (probably not in 2014 at all).   ct's last update was literally a few days ago and since they seem to be doing weekly updates on a tuesday, I'm hoping for the same deal this week too.

and didya notice the team photo on their web site?  i just noticed it.. but i guess its been up for awhile...  really doesn't look like a fly by night company...  not two men and their dog like some other asic companies seem to be...  a twenty person company.. plus a lot of contractors.  by bitcoin company standards, its actually quite sizeable.

http://cointerra.com/team/

http://cointerra.com/wp-content/uploads/2013/08/GroupPhoto.jpg

hopefully this week's update will have news of when we're going to get our hands on our miners

plato14
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January 18, 2014, 07:33:53 PM
 #1317

has anyone been in contact with cointerra?  I have emailed them a couple of times with no response

They're hiding.  Just imagine how many e-mails they're getting right now.. Jan 18th and not a single machine shipped

really don't think they're hiding.  their jan orders aren't in any way 'late' til januarys over and we're barely halfway through the month... and contractually they have til end of feb before they're properly late.  I've appreciated the weekly updates.. almost like clockwork.  they're not acting like they're hiding, whereas their closest competition hasn't communicated with their customers in weeks (probably not in 2014 at all).   ct's last update was literally a few days ago and since they seem to be doing weekly updates on a tuesday, I'm hoping for the same deal this week too.

and didya notice the team photo on their web site?  i just noticed it.. but i guess its been up for awhile...  really doesn't look like a fly by night company...  not two men and their dog like some other asic companies seem to be...  a twenty person company.. plus a lot of contractors.  by bitcoin company standards, its actually quite sizeable.

http://cointerra.com/team/

http://cointerra.com/wp-content/uploads/2013/08/GroupPhoto.jpg

hopefully this week's update will have news of when we're going to get our hands on our miners



I like your positivity but technically "early" January would be late by early February.
VolanicEruptor
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January 18, 2014, 08:33:04 PM
 #1318

Yes, early obviously implies before the 15th.  My order still says "early January" on it.  So feb 15th would be late by contract

aerobatic
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January 18, 2014, 09:24:54 PM
 #1319

Yes, early obviously implies before the 15th.  My order still says "early January" on it.  So feb 15th would be late by contract

my order just says january batch.  does your order specifically say early january on it?   also, i presume your order comes with a deadline of end of feb (like mine) after which they will offer compensation.


DPoS
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January 18, 2014, 11:00:45 PM
 #1320

Yes, early obviously implies before the 15th.  My order still says "early January" on it.  So feb 15th would be late by contract

my order just says january batch.  does your order specifically say early january on it?   also, i presume your order comes with a deadline of end of feb (like mine) after which they will offer compensation.



lulz  and so it begins

.... professional level CYA teargassing drivel



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