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Author Topic: Cointerra Releases 2 TH/s Miner for ~16k  (Read 1551 times)
geofflosophy
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August 19, 2013, 08:53:07 PM
 #1

From the Genesis Block: http://thegenesisblock.com/cointerra-announces-2ths-asic-bitcoin-miner-for-15750/

The miner uses 4 chips at 500 GH/s each, and costs $15,750. It will consume 0.6 W/GH, for a total of 1200 W.

Personally I think this is way too expensive for a December shipping date, and don't expect that it would be profitable. No word on payment methods as of yet, as it doesn't seem they've listed it on the site. I wonder if TGB released their article too early...

Anyone planning on ordering?
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goosoodude
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August 19, 2013, 08:55:37 PM
 #2

We'll see where this goes. Maybe some competition for KnC?






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Xialla
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August 19, 2013, 09:07:08 PM
 #3

another cointerra thread?


Why should we trust Cointerra when they can't even be relied upon to release announcements in a reasonable timeframe ?

This is why you don't make announcements about upcoming announcements. You just make the announcement when you are good and ready.
geofflosophy
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August 19, 2013, 09:09:13 PM
 #4

We'll see where this goes. Maybe some competition for KnC?

I don't think so. Between KnC and Avalon pre-orders there will be another 1000 TH coming online by the end of September alone, not to mention ASIC Miner continuing to build their farm, BFL continuing to trickle out hashrate, and all of the stuff that will be delivered in Oct/Nov (more KnC, Hashfast...). Price is too high, I don't think they'll be profitable delivering in December.
JohnyBigs
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August 19, 2013, 09:11:03 PM
 #5

From the Genesis Block: http://thegenesisblock.com/cointerra-announces-2ths-asic-bitcoin-miner-for-15750/

The miner uses 4 chips at 500 GH/s each, and costs $15,750. It will consume 0.6 W/GH, for a total of 1200 W.

Personally I think this is way too expensive for a December shipping date, and don't expect that it would be profitable. No word on payment methods as of yet, as it doesn't seem they've listed it on the site. I wonder if TGB released their article too early...

Anyone planning on ordering?

Proof? Besides linking an article with no actual source? but I guess that's all it takes in the BTC world, random articles.
geofflosophy
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August 19, 2013, 09:24:17 PM
 #6

From the Genesis Block: http://thegenesisblock.com/cointerra-announces-2ths-asic-bitcoin-miner-for-15750/

The miner uses 4 chips at 500 GH/s each, and costs $15,750. It will consume 0.6 W/GH, for a total of 1200 W.

Personally I think this is way too expensive for a December shipping date, and don't expect that it would be profitable. No word on payment methods as of yet, as it doesn't seem they've listed it on the site. I wonder if TGB released their article too early...

Anyone planning on ordering?

Proof? Besides linking an article with no actual source? but I guess that's all it takes in the BTC world, random articles.

They announced on the forums two days ago that they would be announcing prices in 48 hours. There is also a comment verifying the article details from Tuur Demeester, a known Cointerra investor.

That's all I've got proof-wise, but it seems like a good start. A page on their website would obviously be better.
candoo
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August 19, 2013, 09:29:26 PM
 #7

1 Chip has 500 ghash? Is that even possible? cant believe it

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JohnyBigs
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August 19, 2013, 09:32:56 PM
 #8

From the Genesis Block: http://thegenesisblock.com/cointerra-announces-2ths-asic-bitcoin-miner-for-15750/

The miner uses 4 chips at 500 GH/s each, and costs $15,750. It will consume 0.6 W/GH, for a total of 1200 W.

Personally I think this is way too expensive for a December shipping date, and don't expect that it would be profitable. No word on payment methods as of yet, as it doesn't seem they've listed it on the site. I wonder if TGB released their article too early...

Anyone planning on ordering?

Proof? Besides linking an article with no actual source? but I guess that's all it takes in the BTC world, random articles.

They announced on the forums two days ago that they would be announcing prices in 48 hours. There is also a comment verifying the article details from Tuur Demeester, a known Cointerra investor.

That's all I've got proof-wise, but it seems like a good start. A page on their website would obviously be better.

Yeah the only thing is the TerraCoin investor, other than that nothing. If these prices are correct these guys are out of their minds, these things will have negative ROI.
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August 19, 2013, 10:16:44 PM
 #9

If the hashrate doesn't go up like it has for the last few months then maybe these units will be a good deal. I wouldn't order one till November though.
I however believe it will go up more than we have ever seen before, between now and then.
JohnyBigs
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August 19, 2013, 10:31:57 PM
 #10

The more time passes the bigger of a complete joke these guys become. They have "Tuur" the investor going on their and commenting like a dumbass, and not even commenting on the forums if he so wanted to clarify things, unless this was all made up.

The fact that they haven't said a single word about it still makes them look like complete idiots.
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August 19, 2013, 10:35:36 PM
 #11

1 Chip has 500 ghash? Is that even possible? cant believe it

HashFast "will have" 1 chip / 400 GH so why do you not believe it?

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newmars
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August 19, 2013, 10:38:03 PM
 #12

No small miner option?
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August 19, 2013, 11:13:08 PM
 #13

Quote
The 2 TH/s miner will be targeted towards retail customers and housed in a 2U air-cooled container. Early estimates of power efficiency indicate 0.6 Watts/GHs, 1,200 Watts total, though Cointerra wants to remain conservative with power estimates until manufactured chips can be measured. The miner will be self contained with a power supply and controlled through an ethernet port.

1200W of heat inside a 2U case (more like 1333W considering η=0.9)? Shocked That'll definitely fry some eggs! Grin

Example of a 2U case with PSU:
TheSwede75
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August 19, 2013, 11:20:01 PM
 #14

We'll see where this goes. Maybe some competition for KnC?

I don't think so. Between KnC and Avalon pre-orders there will be another 1000 TH coming online by the end of September alone, not to mention ASIC Miner continuing to build their farm, BFL continuing to trickle out hashrate, and all of the stuff that will be delivered in Oct/Nov (more KnC, Hashfast...). Price is too high, I don't think they'll be profitable delivering in December.

I don't think it will actually matter that much, the slow down in block solve after the latest diff increase is already showing that at 35% diff increase every update a MASSIVE increase in hash rate is already discounted.
roy7
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August 19, 2013, 11:22:31 PM
 #15

They announced on the forums two days ago that they would be announcing prices in 48 hours. There is also a comment verifying the article details from Tuur Demeester, a known Cointerra investor.

That's all I've got proof-wise, but it seems like a good start. A page on their website would obviously be better.

http://www.cointerra.com/cointerra-unveils-2ths-asic-bitcoin-miner/

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August 20, 2013, 12:09:31 AM
 #16

Quote
The 2 TH/s miner will be targeted towards retail customers and housed in a 2U air-cooled container. Early estimates of power efficiency indicate 0.6 Watts/GHs, 1,200 Watts total, though Cointerra wants to remain conservative with power estimates until manufactured chips can be measured. The miner will be self contained with a power supply and controlled through an ethernet port.

1200W of heat inside a 2U case (more like 1333W considering η=0.9)? Shocked That'll definitely fry some eggs! Grin

Are there even any 1200W PSUs on the market that are suitable for a 2U case?

Yeah, well... I'm gonna go build my own blockchain, with blackjack and hookers. In fact, forget the blockchain!
cointerra
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August 20, 2013, 01:44:47 AM
 #17

The more time passes the bigger of a complete joke these guys become. They have "Tuur" the investor going on their and commenting like a dumbass, and not even commenting on the forums if he so wanted to clarify things, unless this was all made up.

The fact that they haven't said a single word about it still makes them look like complete idiots.


We did Smiley

Here is our Bitcoin Talk announcement: https://bitcointalk.org/index.php?topic=277823.new#new
Here is our website announcement: http://www.cointerra.com/cointerra-unveils-2ths-asic-bitcoin-miner/
The Genesis Block even did a nice little article: http://thegenesisblock.com/cointerra-announces-2ths-asic-bitcoin-miner-for-15750/π

www.cointerra.com - Professional grade Bitcoin mining equipment.
If you have any questions for us, we're happy to help at info (at) cointerra (dot) com
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August 20, 2013, 03:09:49 AM
 #18

Has anyone been able to meet these guys face to face yet?


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JohnyBigs
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August 20, 2013, 03:11:11 AM
 #19

The more time passes the bigger of a complete joke these guys become. They have "Tuur" the investor going on their and commenting like a dumbass, and not even commenting on the forums if he so wanted to clarify things, unless this was all made up.

The fact that they haven't said a single word about it still makes them look like complete idiots.


We did Smiley

Here is our Bitcoin Talk announcement:https://bitcointalk.org/index.php?topic=277823.new#new
Here is our website announcement: http://www.cointerra.com/cointerra-unveils-2ths-asic-bitcoin-miner/
The Genesis Block even did a nice little article: http://thegenesisblock.com/cointerra-announces-2ths-asic-bitcoin-miner-for-15750/π

You suck and fail stfu
geofflosophy
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August 20, 2013, 03:23:56 AM
 #20

Has anyone been able to meet these guys face to face yet?



I have heard multiple reports of meeting them at the Inside Bitcoin conference in NYC a few weeks ago. One was definitely on the Let's Talk Bitcoin podcast. Apparently the Cointerra guys and KnC guys were nerding out together. Josh must have felt very left out.
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