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Author Topic: Cointerra Terraminer "2" TH "February" Batch  (Read 1719 times)
etherdeath (OP)
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February 20, 2014, 09:23:46 PM
 #1

Is there any interest in an auction for a Cointerra Terraminer "2" TH "February" Batch?  I say "2" because "2" means "1.6" and "February" means it will be delivered in a month almost completely unlike February.
techgeek
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February 20, 2014, 09:53:39 PM
 #2

You have your actual invoice showing this?

Escrow? Reasonable price point?

etherdeath (OP)
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February 21, 2014, 04:53:44 AM
 #3

I have to think about a reasonable price point.  I'll scan the invoice this weekend.
TR4L
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February 23, 2014, 03:46:40 AM
 #4

I'm selling an early March batch for 17 BTC. 
https://bitcointalk.org/index.php?topic=475905.0

This was ordered 1-3 days (don't remember exactly when) after the February batch sold out.
Sydboy
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February 23, 2014, 03:34:49 PM
 #5

Please scan the invoice. Also where are you shipping from ?
I am in Australia. I suspect shipping will be expensive. I will wait for the invoice to verify first of course.
Why are you selling it ?
cookiemonsterwhat
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February 23, 2014, 11:22:04 PM
 #6

It seems like theres nothing to look at here? 
etherdeath (OP)
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February 27, 2014, 03:41:10 PM
 #7

Hey guys - sorry I've been really slow.

So to answer your questions.

Why I am selling :

1) I currently scrypt mine with a bunch of video cards and am pretty much maxing out the electrical capacity of my apartment.
2) Mining scrypt has been kind of a hassle.  The cold weather has helped, so looking towards the summer, I expect mining to be an even more annoying process.  I know that the Terraminer should be easier, but I'm kinda over it.
3) As you can see in the invoice, I ordered two.  My second one is a group buy with friends of which I own about a third.  I'm pretty silly (as you can see in my posting history) and I actually gave out "Merry Hashmas" Christmas cards out for Christmas.  And I actually got a calligrapher to fill them out.  The second one is probably going to have to be hosted not in my home.
4) I hear that the unit is loud.  My apartment isn't that big.
5) I think I'm already exposed enough as far as Bitcoin/Crypto investment risk is concerned.

I don't know how much shipping to Australia is.  I'm sure Cointerra has already shipped internationally, so this shouldn't be difficult to figure out.

https://i.imgur.com/eNyX5wx.png
https://i.imgur.com/UWYmVRG.png
etherdeath (OP)
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February 27, 2014, 03:48:21 PM
 #8

So start bid, 17 BTC, which includes the shipping I've already paid.  That does not include intl shipping.
I am open to using escrow, but you are purchasing an pre-order, how is this usually done?  I don't want to have to wait for the funds until the unit arrives, that's one of the reasons I am selling.
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February 27, 2014, 11:54:50 PM
 #9

Since estimates put the return at about 13BTC perhaps you start your auction at a price you might sell it at?

1CPi7VRihoF396gyYYcs2AdTEF8KQG2BCR
https://www.bitworks.io
etherdeath (OP)
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February 28, 2014, 12:50:44 AM
 #10

Ok - I would do that.
etherdeath (OP)
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February 28, 2014, 09:13:35 PM
 #11

I just received notice that my order has "entered manufacturing".  I'm going to close the auction for now while I do some math.
etherdeath (OP)
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March 05, 2014, 03:25:26 AM
 #12

Cointerra called me today to verify shipping address.  If anyone is interesting in paying 13 BTC for 1 unit, let me know by 10 PM CST March 5th.
techgeek
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March 05, 2014, 07:37:24 PM
 #13

I just saw an important thread that, the 2 TH, is under performing at 1.2 TH at the mining pools.

Good luck.

etherdeath (OP)
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March 05, 2014, 07:54:34 PM
 #14

Yes, this is not news.  However, it's supposed to be 1.6 - 1.7.

I just received email that the machine has moved to "shipping preparation" from "production".
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March 05, 2014, 09:14:46 PM
 #15

I will bid 9.5 BTC pending review/verification of all the correct sales info, and would request escrow

24" PCI-E cables with 16AWG wires and stripped ends - great for server PSU mods, best prices https://bitcointalk.org/index.php?topic=563461
No longer a wannabe - now an ASIC owner!
etherdeath (OP)
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March 06, 2014, 10:48:15 AM
 #16

I will disregard that bid as it provides me with just about zero (0) profit margin.
Nutterboy
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March 06, 2014, 12:08:36 PM
 #17

Don't let yourself make a loss, worst comes to worst convince whichever of your friends hosts the other one to host yours as well and give them a % of profits to keep him happy and offset his costs and in the meantime find a buyer, people always love "in hand" over a delay.

An unrealised loss is a future gain in disguise Wink However a realised loss is a loss forever Tongue
jermwerty
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March 06, 2014, 11:04:31 PM
 #18

TAKE THE OFFER.

Why?

Well I wish I would have taken the first offer on my Avalon Batch 3 that would have gotten my investment back - as it stood I lost ~40BTC (100BTC invested 60BTC mined)
etherdeath (OP)
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March 07, 2014, 12:51:41 AM
 #19

I get that, but I think I can cancel my order and just the money back and buy BTC.
bclcjunkie
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March 07, 2014, 04:09:10 AM
 #20

wise move indeed... you need to hurry though while coins are still cheap...

I get that, but I think I can cancel my order and just the money back and buy BTC.
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