Cointerra AIRE Miner 16nm PreOrder

[aofalyb]

There some words near the bottom of the AIRE Miner page :** Based on simulations. Up to 15% variance possible in final product.
Is that a joke???

[1713409398]

1713409398

[1713409398]

1713409398

[Faceboss]

Gee should I lose my coins now or wait and freak out later after I never see roi!

[jborkl]

Please don't do the preorders, ffs they have not even reached tapeout

[Mattster28]

Cointerra didn't even bother to come to this forum to announce this new miner of theirs. Wonder why?

[faraway]

This is a highly speculative machine. We will see.

[bitsalame]

Considering the amount of money they are spending on Google Ads, I guess they objective is to trap enough newbies into their presale scheme.
Their behavior seems to be modelled after BFL, and that is very worrying.
In fact, BFL and CoinTerra are the only two companies  (afaik) that have class action lawsuits as a common denominator... And with outlandish claims that they are powering 15% of the bitcoins network.
Lots of money seems to be flowing to advertising and on cranking the rumor mill.

BBB rating of CoinTerra: F
http://www.bbb.org/central-texas/business-reviews/virtual-currency/cointerra-inc-in-austin-tx-1000104440/

[brontosaurus]

Leaving aside the wholes issue of preorders, a machine design using 16nm chips running at 0.3J/Gh is a piece of shit, period. And don't forget that it 'can be powered with an internal or external power supply rated at least at 1350 watts of continuous power', so it's not 0.3J/Gh at the wall, by the time you include the PSU efficiency at full load it's more like 0.37J/Gh - over 20% higher.

It's just another bog standard cell based design which will be a nightmare to product engineer into a reliable system. No vision, no innovation.

And where did they get (or plan to get) the $7 million of NRE from?

[Zelek Uther]

And where did they get (or plan to get) the $7 million of NRE from?

They are hoping that the bitcoin community will give them a free loan... aka pre-orders.

[brontosaurus]

And where did they get (or plan to get) the $7 million of NRE from?

They are hoping that the bitcoin community will give them a free loan... aka pre-orders.

So assuming a margin of 40% they'll need to sell about $17 million worth of this crap - about 7,000 boxes?

Are they insane or simply detached from reality?

[dropt]

And where did they get (or plan to get) the $7 million of NRE from?

They are hoping that the bitcoin community will give them a free loan... aka pre-orders.

So assuming a margin of 40% they'll need to sell about $17 million worth of this crap - about 7,000 boxes?

Are they insane or simply detached from reality?

Cointerra has its own private farm packed full of their previously manufactured (garbage) HW.  I would think they don't need to money for NRE, but why spend your own when there are more than enough idiots out there?

[RoadStress]

And where did they get (or plan to get) the $7 million of NRE from?

They are hoping that the bitcoin community will give them a free loan... aka pre-orders.

So assuming a margin of 40% they'll need to sell about $17 million worth of this crap - about 7,000 boxes?

Are they insane or simply detached from reality?

Cointerra has its own private farm packed full of their previously manufactured (garbage) HW.  I would think they don't need to money for NRE, but why spend your own when there are more than enough idiots out there?

Exactly. Long live Inaba's scamming spirit!

[brontosaurus]

And where did they get (or plan to get) the $7 million of NRE from?

They are hoping that the bitcoin community will give them a free loan... aka pre-orders.

So assuming a margin of 40% they'll need to sell about $17 million worth of this crap - about 7,000 boxes?

Are they insane or simply detached from reality?

Cointerra has its own private farm packed full of their previously manufactured (garbage) HW.  I would think they don't need to money for NRE, but why spend your own when there are more than enough idiots out there?

Maybe someone should give them Spondoolies web address and suggest they buy some SP35's? Makes much more sense, dontcha think?

[-ck]

Maybe someone should give them Spondoolies web address and suggest they buy some SP35's? Makes much more sense, dontcha think?

Changing mode from rage to speculation, it's fair to say that the way Guy dances around the discussion of the Cointerra announcement and "that sounds and looks familiar" comments that perhaps it already is spondoolies tech they plan to sell anyway. Either that or someone else's tech that Guy knows about. I don't think Cointerra will be doing anything in house this time around.

[wh00per]

If it's SP-Tech technology, it'll have drivers This would explain why cointerra-aire does not need one in particular However it needs a PI/Bone anyway outside the rack case, which is enough hassle if you host .. and since the software falls in the owner's task list, they don't even look to build anything for it. Very risky to pre-order hardware, not even knowing you can mine with it.

[aerobatic]

Maybe someone should give them Spondoolies web address and suggest they buy some SP35's? Makes much more sense, dontcha think?

Changing mode from rage to speculation, it's fair to say that the way Guy dances around the discussion of the Cointerra announcement and "that sounds and looks familiar" comments that perhaps it already is spondoolies tech they plan to sell anyway. Either that or someone else's tech that Guy knows about. I don't think Cointerra will be doing anything in house this time around.

just to quell the speculation, Cointerra designed their new 16nm chip completely in-house in conjunction with tsmc and guc.  and its done, dusted, finished and ready for tape-out.  the power and timings they've quoted are from post layout simulations (the most accurate kind of simulation).  anyone who gives power numbers when they haven't completed physical design, is quoting theoretical numbers that must be taken with a pinch of salt.

[2112]

the power and timings they've quoted are from post layout simulations (the most accurate kind of simulation).

The "most accurate kind of simulation" is all-analog simulation using BSIM or equivalent. I doubt that they did that. As someone mentioned earlier their J/GH numbers are in the "standard cell" range, thus points to a design flow that is intentionally approximate.

[Minor Miner]

Maybe someone should give them Spondoolies web address and suggest they buy some SP35's? Makes much more sense, dontcha think?

Changing mode from rage to speculation, it's fair to say that the way Guy dances around the discussion of the Cointerra announcement and "that sounds and looks familiar" comments that perhaps it already is spondoolies tech they plan to sell anyway. Either that or someone else's tech that Guy knows about. I don't think Cointerra will be doing anything in house this time around.

just to quell the speculation, Cointerra designed their new 16nm chip completely in-house in conjunction with tsmc and guc.  and its done, dusted, finished and ready for tape-out.  the power and timings they've quoted are from post layout simulations (the most accurate kind of simulation).  anyone who gives power numbers when they haven't completed physical design, is quoting theoretical numbers that must be taken with a pinch of salt.

Ready for Tape Out?
Then they have big balls claiming you will get your order in the first quarter.   Can you walk us through the project time line on 16NM?   If tape out goes perfect and there is no one else in line, when would the masks be done?   Is it fair to say mid November at the earliest?   Then you kind of need to order wafers.
Geez.   Q1 is really aggressive, isn't it?   Or am I just overestimating the number of days this will take just to get wafers?

[bitsalame]

Maybe someone should give them Spondoolies web address and suggest they buy some SP35's? Makes much more sense, dontcha think?

Changing mode from rage to speculation, it's fair to say that the way Guy dances around the discussion of the Cointerra announcement and "that sounds and looks familiar" comments that perhaps it already is spondoolies tech they plan to sell anyway. Either that or someone else's tech that Guy knows about. I don't think Cointerra will be doing anything in house this time around.

just to quell the speculation, Cointerra designed their new 16nm chip completely in-house in conjunction with tsmc and guc.  and its done, dusted, finished and ready for tape-out.  the power and timings they've quoted are from post layout simulations (the most accurate kind of simulation).  anyone who gives power numbers when they haven't completed physical design, is quoting theoretical numbers that must be taken with a pinch of salt.

Funny, TSMC is not ready for FinFet 16nm, they estimate to be production ready by Q1 2015 and their primary client is Apple and their A9 chips
If CoinTerra officially said that (citation?), sounds like extremely optimistic at best and scammy at worst.

[aerobatic]

Maybe someone should give them Spondoolies web address and suggest they buy some SP35's? Makes much more sense, dontcha think?

Changing mode from rage to speculation, it's fair to say that the way Guy dances around the discussion of the Cointerra announcement and "that sounds and looks familiar" comments that perhaps it already is spondoolies tech they plan to sell anyway. Either that or someone else's tech that Guy knows about. I don't think Cointerra will be doing anything in house this time around.

just to quell the speculation, Cointerra designed their new 16nm chip completely in-house in conjunction with tsmc and guc.  and its done, dusted, finished and ready for tape-out.  the power and timings they've quoted are from post layout simulations (the most accurate kind of simulation).  anyone who gives power numbers when they haven't completed physical design, is quoting theoretical numbers that must be taken with a pinch of salt.

Ready for Tape Out?
Then they have big balls claiming you will get your order in the first quarter.   Can you walk us through the project time line on 16NM?   If tape out goes perfect and there is no one else in line, when would the masks be done?   Is it fair to say mid November at the earliest?   Then you kind of need to order wafers.
Geez.   Q1 is really aggressive, isn't it?   Or am I just overestimating the number of days this will take just to get wafers?

most of the guys (knc, hashfast, cointerra etc) were taping out their 28nm with both tsmc and gf and receiving silicon back some 2 months later (thats after paying ridiculously high 'expedite fees'.  if you dont pay the expedite expect 3 months)  cointerra did it last time in 7 weeks.  it'll be longer than 28nm for 16nm cos its so new... but not much longer.  so lets say - for arguments' sake they tape out in October...  they would expect to see 1st silicon in early Jan (or late Dec if theyre really lucky), and volume production later in Q1 onwards.

[jimmothy]

most of the guys (knc, hashfast, cointerra etc) were taping out their 28nm with both tsmc and gf and receiving silicon back some 2 months later (thats after paying ridiculously high 'expedite fees'.  if you dont pay the expedite expect 3 months)  cointerra did it last time in 7 weeks.  it'll be longer than 28nm for 16nm cos its so new... but not much longer.  so lets say - for arguments' sake they tape out in October...  they would expect to see 1st silicon in early Jan (or late Dec if theyre really lucky), and volume production later in Q1 onwards.

How can they tapeout now when 16nm production is supposed to begin in q1 2015?

20nm production was said to begin in q1 2014 and we all know how that turned out for KNC.