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Author Topic: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s  (Read 230752 times)
kulin3422
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February 24, 2014, 07:41:50 AM
 #2001

JAN/FEB Should Get Free GSX I™ PCIe With there order!!!
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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dentro
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February 24, 2014, 07:49:02 AM
 #2002

JAN/FEB Should Get Free GSX I™ PCIe With there order!!!
+1
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February 24, 2014, 09:34:59 AM
 #2003

Not sure why you are buying a Cointerra and waiting for the preorders when Antminers are already shipping at a lower $ per GHS.

Just got my order of 20 units delivered to my house when I ordered them a week ago.
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February 24, 2014, 10:48:27 AM
 #2004

Not sure why you are buying a Cointerra and waiting for the preorders when Antminers are already shipping at a lower $ per GHS.

Just got my order of 20 units delivered to my house when I ordered them a week ago.

thats impressive...  how much are antminers in $/gh?

and how much space and power do 10 antminers take up?
Endlessa
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February 24, 2014, 10:52:15 AM
 #2005


thats impressive...  how much are antminers in $/gh?


if you don't immediately buy some antminers, we're definately going with shill aerobatic!!!! hehe lol
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February 24, 2014, 11:43:05 AM
 #2006


thats impressive...  how much are antminers in $/gh?


if you don't immediately buy some antminers, we're definately going with shill aerobatic!!!! hehe lol


i have a feeling it will be exactly like that, endlessa!
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February 24, 2014, 12:31:27 PM
 #2007

Volcanic you are wasting your time even discussing this with aerobic.  He has been blindly pro CT beyond what any reasonable person could be expected to tolerate.  It's pretty obvious he is a shill and will not ever acknowledge the simple truth that everything about them at this point is a complete and udder failure.  The only people who will ever benefit financially from CT hardware is CT!

He will continue to deny FACTS.
They are months late with hardware...FACT
The hardware does not perform as promised...FACT
They are refusing to honor their late hardware guarantee...FACT

Let him drone on about how they are for 'serious miners' while the rest of us GENERATE BITCOIN with our playtime devices that actually do what the fuck the manufacturer says they do!

Maybe he will save the Co. by ordering a few thousand of their ground breaking 400Ghs miner due out in only 4 short months...I guess those will be for the REALLY SERIOUS miners!!!  lollooolloll



He is not a shill. He is an investor.

Minor Miner
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February 24, 2014, 03:31:44 PM
 #2008

I think most people are dedicated and support companies that make them money.   Jez is no different.   KNC made him money, HF is making him money and he is hopeful that CT will make him money.
I also have met him (vegas) and find him to be sincere with traits common to Euros (politeness and patience) that Americans find irritating sometimes (lol).   My only concern was that vapor that he exhaled may have harmed me for life since living in vegas we are used to breathing cigarette smoke like others breathe oxygen.

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February 24, 2014, 03:51:25 PM
 #2009

BTW, Can someone post if they have solved a block (even if you are on a pool) with a CoinTerra please?   I would love to know.   Also, if you know, can you post how long it was hashing or shares submitted?
Thanks.

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February 24, 2014, 04:54:37 PM
 #2010

thats impressive...  how much are antminers in $/gh?

and how much space and power do 10 antminers take up?

AntMiners are a flat BTC1.45 (so far)...which equates to ~$4.50 per GH/s a current prices (roughly). Runs at about 360W, size is 5.3" x 6.1" x 11.8" (135mm x 155mm x 300mm). You could probably fit 3 in a 4U space.

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February 24, 2014, 04:59:48 PM
Last edit: February 24, 2014, 05:17:13 PM by Korbman
 #2011

BTW, Can someone post if they have solved a block (even if you are on a pool) with a CoinTerra please?   I would love to know.   Also, if you know, can you post how long it was hashing or shares submitted?
Thanks.

Pooled at BitMinter, but did end up finding a block (fairly recently actually). It's been running for about 5 days, accepted shares submitted so far are bit over 48M (since last reboot, Saturday morning).

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February 24, 2014, 05:15:13 PM
 #2012

thats impressive...  how much are antminers in $/gh?

and how much space and power do 10 antminers take up?

AntMiners are a flat BTC1.45 (so far)...which equates to ~$4.50 per GH/s a current prices (roughly). Runs at about 360W, size is 5.3" x 6.1" x 11.8" (135mm x 155mm x 300mm). You could probably fit 3 in a 4U space.

they sound good for the home miner... but for people who rent space and power in a datacenter (like me)... the extra cost of hosting (quite bulky, per TH... takes up extra space) and consumes more power.. would make it uneconomic more quickly than other options... although the ability to buy it from stock is a major advantage over most of the conventionally high end mining companies' products like hashfast, cointerra and knc gear, where they only accept pre-orders... and are sold out by the time they ship and so have never ever been in a 'selling from stock' situation.

I'm currently paying approx $150 per KW/month for hosting inclusive of space and power - so multiplied out to be an annual cost (not an ideal calculation) im paying effectively approx $2/GH/year in power/hosting costs right now... and if it was using antminers, i'd be paying $4/GH/year (making the assumption they dont charge more cos they use 3x the space in the rack, which i suspect is unrealistic so lets assume $5/GH/Year is more likely).  So i think that re-iterates my thought that the antminer 180 gh products are more suited to a home mining operation than a commercial scale mining op.

-- Jez
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February 24, 2014, 05:38:39 PM
 #2013

thats impressive...  how much are antminers in $/gh?

and how much space and power do 10 antminers take up?

AntMiners are a flat BTC1.45 (so far)...which equates to ~$4.50 per GH/s a current prices (roughly). Runs at about 360W, size is 5.3" x 6.1" x 11.8" (135mm x 155mm x 300mm). You could probably fit 3 in a 4U space.

they sound good for the home miner... but for people who rent space and power in a datacenter (like me)... the extra cost of hosting (quite bulky, per TH... takes up extra space) and consumes more power.. would make it uneconomic more quickly than other options... although the ability to buy it from stock is a major advantage over most of the conventionally high end mining companies' products like hashfast, cointerra and knc gear, where they only accept pre-orders... and are sold out by the time they ship and so have never ever been in a 'selling from stock' situation.

I'm currently paying approx $150 per KW/month for hosting inclusive of space and power - so multiplied out to be an annual cost (not an ideal calculation) im paying effectively approx $2/GH/year in power/hosting costs right now... and if it was using antminers, i'd be paying $4/GH/year (making the assumption they dont charge more cos they use 3x the space in the rack, which i suspect is unrealistic so lets assume $5/GH/Year is more likely).  So i think that re-iterates my thought that the antminer 180 gh products are more suited to a home mining operation than a commercial scale mining op.

-- Jez

This guy is doing what you describe: https://bitcointalk.org/index.php?topic=7216.msg5220649#msg5220649

Mine @ pools that pay Tx fees & don't mine empty blocks :: kanopool :: ckpool ::
Should bitmain create LPM for all models?
:: Dalcore's Crypto Mining H/W Hosting Directory & Reputation ::
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February 24, 2014, 05:59:15 PM
 #2014

I'm currently paying approx $150 per KW/month for hosting inclusive of space and power - so multiplied out to be an annual cost (not an ideal calculation) im paying effectively approx $2/GH/year in power/hosting costs right now... and if it was using antminers, i'd be paying $4/GH/year (making the assumption they dont charge more cos they use 3x the space in the rack, which i suspect is unrealistic so lets assume $5/GH/Year is more likely).  So i think that re-iterates my thought that the antminer 180 gh products are more suited to a home mining operation than a commercial scale mining op.

You forget the most important calculation. When the hashing starts. Since the Ant costs $400/year extra in hosting, if it starts hashing 2 weeks earlier, it more than makes up the extra hosting cost and overall is a more profitable solution.

Buy & Hold
Minor Miner
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February 24, 2014, 06:07:13 PM
 #2015

BTW, Can someone post if they have solved a block (even if you are on a pool) with a CoinTerra please?   I would love to know.   Also, if you know, can you post how long it was hashing or shares submitted?
Thanks.
Pooled at BitMinter, but did end up finding a block (fairly recently actually). It's been running for about 5 days, accepted shares submitted so far are bit over 48M (since last reboot, Saturday morning).
That is encouraging.   What HR do you calculate from submitted shares?

Korbman
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February 24, 2014, 06:57:03 PM
 #2016

Pooled at BitMinter, but did end up finding a block (fairly recently actually). It's been running for about 5 days, accepted shares submitted so far are bit over 48M (since last reboot, Saturday morning).
That is encouraging.   What HR do you calculate from submitted shares?

Encouraging, maybe, but also *quite* lucky. The unit is hashing at ~1.3TH/s, which hopefully will change with the new firmware coming out soon.

bobsag3
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February 24, 2014, 07:08:08 PM
 #2017

Got 2 of my Clients CT's in today... both are buggy as all hell, and do 1.3>1.5 at the pool.
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February 24, 2014, 07:57:58 PM
 #2018

Got 2 of my Clients CT's in today... both are buggy as all hell, and do 1.3>1.5 at the pool.

omg that's horrible, what batch were u in?

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February 24, 2014, 11:18:15 PM
 #2019

Ok I got an email conformation my TM-IV is shipped will be here tomorrow  Grin , I'm Batch 2 order 17## place on Oct30
DustyRah
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February 25, 2014, 03:25:08 AM
 #2020

Ok I got an email conformation my TM-IV is shipped will be here tomorrow  Grin , I'm Batch 2 order 17## place on Oct30

Sweet! My order date is Nov 20th. Hope I can receive it soon!
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