CoinTerra now accepts Credit Card and Paypal !!! [Note: CC and Paypal suspended]

[cointerra]

Hello Bitcoin Mining Enthusiasts,

It is our goal at CoinTerra to provide the best customer experience to the Bitcoin community. We understand that trust and credibility go a long way, which is why we are proud to announce that as of today, we are now accepting PayPal and credit cards for all orders.

Please visit cointerra.com/shop to see our newly announced 1TH TerraMiner II and the 2TH TerraMiner IV from our January batch.

We look forward to your business and if you have any questions, please get in touch with us.

You can reach us by phone at 512-270-6050 or at info@cointerra.com.

Best Regards,
CoinTerra Team

[Syke]

Good news, but are you now guaranteeing delivery in 20 days?

https://www.paypal.com/us/webapps/helpcenter/article/?solutionId=39067&topicID=11500005&m=TCI

[PuertoLibre]

Good news, but are you now guaranteeing delivery in 20 days?

https://www.paypal.com/us/webapps/helpcenter/article/?solutionId=39067&topicID=11500005&m=TCI

I don't think they are....and that means people can do a chargeback for just about any reason.

[superduh]

to be honest

if cointerra delivers what they promised and when they promised it's kind of sad how the whole asic bticoin world developed with the shittiest companies being able to commandeer higher prices for shitty products. best companies showing up later to the game

[g0dbra1n]

to be honest

if cointerra delivers what they promised and when they promised it's kind of sad how the whole asic bticoin world developed with the shittiest companies being able to commandeer higher prices for shitty products. best companies showing up later to the game

I agree...

Good news, but are you now guaranteeing delivery in 20 days?

https://www.paypal.com/us/webapps/helpcenter/article/?solutionId=39067&topicID=11500005&m=TCI

I don't think they are....and that means people can do a chargeback for just about any reason.

KNC wasn't delivering withing 20 days https://www.kncminer.com/pages/payment
We all know BLF probably never will deliver within 20 days http://butterflylabs.com/

[Paladin69]

TBH, I'm rather annoyed at the idea of bringing another 2PH online so quickly.  Only customer orders should come online.  Not 2PH no matter what.  It is kind of rude to the community.

Tired of having money tied up in pre-orders.

[reactor]

TBH, I'm rather annoyed at the idea of bringing another 2PH online so quickly.  Only customer orders should come online.  Not 2PH no matter what.  It is kind of rude to the community.

Tired of having money tied up in pre-orders.

The sad thing is that the January 2TH unit will never *really* ROI based on the hashing power CoinTerra says they will put on the network.  Yet people should feel comfy because they can find other methods to throw money into this pit.

Cheers!

[g0dbra1n]

TBH, I'm rather annoyed at the idea of bringing another 2PH online so quickly.  Only customer orders should come online.  Not 2PH no matter what.  It is kind of rude to the community.

Tired of having money tied up in pre-orders.

The sad thing is that the January 2TH unit will never *really* ROI based on the hashing power CoinTerra says they will put on the network.  Yet people should feel comfy because they can find other methods to throw money into this pit.

Cheers!

"Never"? Why do you say never? Doesn't that calculation rely heavily on the bitcoin exchange rate at that time and the $/kwhr you pay?

[Flying Hellfish]

TBH, I'm rather annoyed at the idea of bringing another 2PH online so quickly.  Only customer orders should come online.  Not 2PH no matter what.  It is kind of rude to the community.

Tired of having money tied up in pre-orders.

The sad thing is that the January 2TH unit will never *really* ROI based on the hashing power CoinTerra says they will put on the network.  Yet people should feel comfy because they can find other methods to throw money into this pit.

Cheers!

"Never"? Why do you say never? Doesn't that calculation rely heavily on the bitcoin exchange rate at that time and the $/kwhr you pay?

Exchange rate is irrelevant, if you need an exchange rate increase to make a profit you would have been better off buying and holding coins.

[mgio]

TBH, I'm rather annoyed at the idea of bringing another 2PH online so quickly.  Only customer orders should come online.  Not 2PH no matter what.  It is kind of rude to the community.

Tired of having money tied up in pre-orders.

The sad thing is that the January 2TH unit will never *really* ROI based on the hashing power CoinTerra says they will put on the network.  Yet people should feel comfy because they can find other methods to throw money into this pit.

Cheers!

Yeah, that's interesting actually. If they ship on time as much as they plan, the January 2TH won't make any money. If they don't ship on time you won't get your 2TH unit.

I'd like to see the math, though, as I haven't done the calculations myself.

Best situation for everyone is actually if they are delayed. That way all the KNC, HashFast, and Bitfury customers have time to mine a little first.

[Threader]

yes it is in a miners best interest that the horse they bet on is the only one crossing the finishing line for weeks and if you are very lucky months ahead of the others. I feel the premium asked by manufacturers capable of early 2013 autumn delivery is well worth the premiums.

2014 will be total Dog eat Dog arms escalations

[WikileaksDude]

http://www.virtualminingcorp.com/

has better prices for the hash-rates...

and will ship earlier than CoinTerra

just sayin'

[superduh]

tbh, i dont think any mining equipment gear is profitable any longer from any manufacturer. the daily pool is too small and unless the xchange price rises a lot than every single miner will be better off buying coins today off the exchange.

[firefop]

tbh, i dont think any mining equipment gear is profitable any longer from any manufacturer. the daily pool is too small and unless the xchange price rises a lot than every single miner will be better off buying coins today off the exchange.

Like I've always said - right now isn't the time to get into mining. 12 to 18 months ago was a good time... Right now I wouldn't be buying anything from oem. But my BFL SCs were already roi'd before I ever get them. I spent 3k on bfl fpga stuff a year and a half ago, and used some of the profits to pay for upgrades.

[kmtan]

cointerra have the lower price but late shipment, its make buyer hard to decide how to choose..

[dragonkid]

Hello Bitcoin Mining Enthusiasts,

It is our goal at CoinTerra to provide the best customer experience to the Bitcoin community. We understand that trust and credibility go a long way, which is why we are proud to announce that as of today, we are now accepting PayPal and credit cards for all orders.

Please visit cointerra.com/shop to see our newly announced 1TH TerraMiner II and the 2TH TerraMiner IV from our January batch.

We look forward to your business and if you have any questions, please get in touch with us.

You can reach us by phone at 512-270-6050 or at info@cointerra.com.

Best Regards,
CoinTerra Team

Today I was going to buy 2 miners from your company, and discovered that you no longer accepts Credit Card or Paypal!!

[cointerra]

Today I was going to buy 2 miners from your company, and discovered that you no longer accepts Credit Card or Paypal!!

Dragonkid,

Due to circumstances outside of our control, we have been forced to suspend accepting payments through PayPal.

I apologize for any inconvenience this is causing you, but we are working on getting an alternate credit card processor as soon as possible.

We are still accepting BitCoin and wire transfer, and since the availability is limited, we encourage our customers to secure payment through one of these methods to ensure your place in queue.

Regards,
CoinTerra Support

[donch]

Due to circumstances outside of our control, we have been forced to suspend accepting payments through PayPal.

Hi,

did Paypal reference the situation with BFL when explaining their suspension?

[kendog77]

Today I was going to buy 2 miners from your company, and discovered that you no longer accepts Credit Card or Paypal!!

Dragonkid,

Due to circumstances outside of our control, we have been forced to suspend accepting payments through PayPal.

I apologize for any inconvenience this is causing you, but we are working on getting an alternate credit card processor as soon as possible.

We are still accepting BitCoin and wire transfer, and since the availability is limited, we encourage our customers to secure payment through one of these methods to ensure your place in queue.

Regards,
CoinTerra Support

After the BFL, Terrahash, and Avalon debacles, I would strongly encourage folks to only pre-order using credit card and/or paypal because they offer buyers recourse in case of late or non delivery. There is nothing at all secure about paying by BTC or wire transfer.

[dragonkid]

Today I was going to buy 2 miners from your company, and discovered that you no longer accepts Credit Card or Paypal!!

Dragonkid,

Due to circumstances outside of our control, we have been forced to suspend accepting payments through PayPal.

I apologize for any inconvenience this is causing you, but we are working on getting an alternate credit card processor as soon as possible.

We are still accepting BitCoin and wire transfer, and since the availability is limited, we encourage our customers to secure payment through one of these methods to ensure your place in queue.

Regards,
CoinTerra Support

After the BFL, Terrahash, and Avalon debacles, I would strongly encourage folks to only pre-order using credit card and/or paypal because they offer buyers recourse in case of late or non delivery. There is nothing at all secure about paying by BTC or wire transfer.

That doesn't explain why KnCMiner still accept Paypal and Credit Card payment.

I am not going to buy unless there is either paypal or credit card. As you have said, it is not wise to pre-order using Bitcoin or Bank Transfer.

Cointerra Support when will your company be accepting credit card again? How long are we talking about when you said as soon as possible? How many days time? Weeks? Months?