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Author Topic: Cointerra TerraMiner Prices Released (updated)  (Read 10230 times)
monsters4r
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August 19, 2013, 02:01:16 PM
 #101

haha another free loan for ASIC company? without videos and working prototype? pre-order...really? no thanks

+1

--- APOM - Anti Pre-Order Movement ---
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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BigLad
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August 19, 2013, 02:04:58 PM
 #102

$7/Gh.  About half what HashFast is charging, but a month later.

But, their massive minimum order is kind of crazy.  Why not sell one 500Gh/s chip for $3.9k?

They can't be serious. The ROI is horrible. I rather buy a kncminer

My thoughts exactly, though if the BFL Monarch ships when it says it will the $/GH is less than then KnC

Come on dude, there is no way "the Monarch" ships before this.

True, but the key word is if.  Now im looking towards the xcrowd announcement later today
nightengale
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August 19, 2013, 02:16:19 PM
 #103

48 hours is sneaking up, don't want to get into the habit of missing deadlines...
VinceSamios
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August 19, 2013, 02:22:03 PM
 #104

They can't be serious. The ROI is horrible. I rather buy a kncminer

You're missing two key figures


$8/GH vs $17/GH

but more importantly

0.6w/GH vs 2.5w/GH

That second number is absolutely key to sustainable mining.

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August 19, 2013, 02:24:55 PM
 #105

They can't be serious. The ROI is horrible. I rather buy a kncminer

You're missing two key figures


$8/GH vs $17/GH

but more importantly

0.6w/GH vs 2.5w/GH

That second number is absolutely key to sustainable mining.

Sustainable mining in the long run, but in the short run a KnC delivered in Oct will likely pay itself off before Cointerra even ships.

Once we get to the the point where electricity is the main cost, then prices ill have to be much lower. Like $1/Gh or less for people to buy them.

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August 19, 2013, 02:27:51 PM
 #106


yet another let down. fuck all these clowns. I'm thinking about quitting BTC altogether. Sick of this greedy selfish DUMB community.
ur0pl
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August 19, 2013, 02:31:07 PM
 #107

They can't be serious. The ROI is horrible. I rather buy a kncminer

You're missing two key figures


$8/GH vs $17/GH

but more importantly

0.6w/GH vs 2.5w/GH

That second number is absolutely key to sustainable mining.


http://mining.thegenesisblock.com/ figures says that a October delivery of a KNCMiner unit and Hashfast November unit has a better ROI than a Cointerra December unit.

KNCminer: 63.7% ROI
Hashfast: 52.% ROI
Cointerra : 37.5% ROI


tell me. If you have only a million dollars to invest, which one or two would you invest in?
deadgiveaway
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August 19, 2013, 02:34:52 PM
 #108

They can't be serious. The ROI is horrible. I rather buy a kncminer

You're missing two key figures


$8/GH vs $17/GH

but more importantly

0.6w/GH vs 2.5w/GH

That second number is absolutely key to sustainable mining.


http://mining.thegenesisblock.com/ figures says that a October delivery of a KNCMiner unit and Hashfast November unit has a better ROI than a Cointerra December unit.

KNCminer: 63.7% ROI
Hashfast: 52.% ROI
Cointerra : 37.5% ROI


tell me. If you have only a million dollars to invest, which one or two would you invest in?


I'd move out of the U.S. fuck off Bitcoins and U.S. dollars, both are heading the same direction due to a stupid group of clowns hoarding them.
GodfatherBond
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August 19, 2013, 02:40:53 PM
 #109

I was waiting for prices of 500Gh/s and 1TH miners... so, maybe KNC at this time if not more info shortly.
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August 19, 2013, 02:41:18 PM
 #110

ouch..
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August 19, 2013, 02:47:34 PM
 #111

I can't believe I sold most of my asicminer stock over the last few weeks in anticipation of this.

I guess I will try to buy it all back.
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August 19, 2013, 02:48:36 PM
 #112

I can't believe I sold most of my asicminer stock over the last few weeks in anticipation of this.

I guess I will try to buy it all back.

Buy LABCOIN instead!

They have their own chip already taped out and in production, their stock should go up once they get online and start hashing.

Stock in mining companies that have their own chips is probably the most realistic way to make money mining at this point.

If you're going to "invest" in a company so that it can get started, you might as well get actual equity, rather then pre-orders that may or may not make ROI.

BBQKorv
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August 19, 2013, 03:27:50 PM
 #113

Anything official somewhere, directly from CoinTerra?
nightengale
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August 19, 2013, 03:35:38 PM
 #114

I have a feeling that their official announcement is not an appearance on the Genesis Block mining calculator; I'm also hoping that the price referenced there is not accurate...    Smiley
ridnovir
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August 19, 2013, 03:36:03 PM
 #115

I might have considered 2Th for 5K in 12/13
$15K in 12/13 is a joke
Bitcoinorama
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August 19, 2013, 03:46:54 PM
 #116

I have a feeling that their official announcement is not an appearance on the Genesis Block mining calculator; I'm also hoping that the price referenced there is not accurate...    Smiley

Haha, whilst any official stance remains firmly tight-lipped with respect to confirmation, this may well be a ruse as X-crowd release their pricepoint. Time will tell! Wink

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dhenson
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August 19, 2013, 03:48:08 PM
 #117

I might have considered 2Th for 5K in 12/13
$15K in 12/13 is a joke

Cointerra had a chance to really make an impact.  They had the hype and the potential, but completely blew it on the price.  Customers have to at least have the illusion of turning a profit before they will be willing to risk this much money on a product they won't receive for 3 months.

I was ready to drop a considerable amount of coin on a largish setup (10+ Th) but won't be pulling the trigger now.
eve
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August 19, 2013, 04:08:18 PM
 #118

Sorry to hear that it is too expensive.
MiningBuddy
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August 19, 2013, 04:09:12 PM
 #119

PSA: Cointerria is over 2 hours late on their 48 hour deadline to update this thread with their new prices.   Roll Eyes

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August 19, 2013, 04:14:21 PM
 #120

yup. off to a bad start already.
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