Cointerra TerraMiner Prices Released (updated)

[monsters4r]

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

+1

[BigLad]

$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]

48 hours is sneaking up, don't want to get into the habit of missing deadlines...

[VinceSamios]

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.

[Ytterbium]

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.

[deadgiveaway]

there it is...
http://thegenesisblock.com/cointerra-announces-2ths-asic-bitcoin-miner-for-15750/

yet another let down. fuck all these clowns. I'm thinking about quitting BTC altogether. Sick of this greedy selfish DUMB community.

[ur0pl]

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]

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]

I was waiting for prices of 500Gh/s and 1TH miners... so, maybe KNC at this time if not more info shortly.

[xzempt]

ouch..

[gkm22d]

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.

[Ytterbium]

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]

Anything official somewhere, directly from CoinTerra?

[nightengale]

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...   

[ridnovir]

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

[Bitcoinorama]

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...   

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!

[dhenson]

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]

Sorry to hear that it is too expensive.

[MiningBuddy]

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

[ASIC-K]

yup. off to a bad start already.