CoinTerra - Bitcoin Wiki

BITCOIN: CoinTerra adquiere Bitcoin Software Bits Developer de Prueba

BITCOIN: CoinTerra adquiere Bitcoin Software Bits Developer de Prueba submitted by pornnerd to BITCOINMEX [link] [comments]

For Sale: CoinTerra TerraMiner IV WaterCooled Bitcoin Miner IN HAND on cryptothrift

For Sale: CoinTerra TerraMiner IV WaterCooled Bitcoin Miner IN HAND on cryptothrift for cryptocoins
Tags: #asic, BITCOIN, Cointerra, Miner, terraminer, Th/s, water-cooled
cryptothrift is a Bitcoin, Litecoin and altcoin marketplace and auction site with automated escrow.
submitted by cryptothrift to cryptothrift [link] [comments]

Bitex.la Market Research Team, Ene 2015, #4

El Bitcoin registró una interesante reacción alcista desde el último fin de semana, anticipándose a la noticia de que Coinbase lanzará un nuevo exchange propio. La moneda digital escaló hasta superar los USD 300 en las primeras horas del lunes 26–01. No obstante, en los últimos dos días perdieron terreno con rapidez y facilidad. Actualmente, el Bitcoin cotiza en la zona de USD 250.
El proveedor de servicios de pago y de billeteras Bitcoin, Coinbase, volvió a ser noticia tras anunciar que lanzaría un nuevo de exchange de Bitcoin, que ya cuenta con la aprobación de los reguladores en 24 jurisdicciones de EEUU, incluyendo California y Nueva York.
Sin embargo, posteriormente el Departamento de Comercio de California negó que Coinbase tuviese licencia para operar en el estado bajo las actuales leyes para transmisores de dinero. El regulador de servicios financieros y transmisores de dinero del estado emitió un comunicado de prensa para difundir que aquellos informes que decían que Coinbase poseía la aprobación regulatoria para operar como exchange eran erróneos.
La semana pasada, esta empresa se destacó por romper el record de recaudación de fondos en un ronda de inversión –USD 75 millones- para una firma ligada al Bitcoin. También llamó la atención las empresas que se acercaron y mostraron interés en Coinbase. Concretamente, el banco BBVA y el NYSE.
Coinbase hasta el momento había actuado como una firma de brokerage –casa de bolsa- para los usuarios Bitcoin. Al ampliarse en esta nueva compañía vertical será capaz de ofrecer una mayor seguridad para las personas y las instituciones al comercio Bitcoin y supervisar los precios en tiempo real de la moneda digital. “Nuestro objetivo es convertirnos en el mercado de exchange más grande del mundo”, dijo el director ejecutivo Coinbase Brian Armstrong. Explicó, además, que en última instancia Coinbase planea ampliar el exchange a los usuarios en el extranjero, aunque por el momento se limita a EEUU.
El listado de los estados, según Coinbase, cuyos residentes pueden acceder a billeteras y usar el exchange se puede ver aquí:
What is the USD wallet?
Your Coinbase USD Wallet allows you to store USD as funds in your Coinbase account. You can use your USD Wallet as a… support.coinbase.com
Armstrong dijo que el exchange ofrecerá el libro de órdenes completo y la posibilidad de crear órdenes con límite de precio. Coinbase espera que dentro de los próximos 6 meses lograr la aprobación de todos los estados de EEUU. La compañía ofrecerá a sus usuarios 2 meses iniciales sin comisiones para operar, y a partir de allí cobrará el 0.25% para todas las transacciones que se deseen realizar.
Por otro lado, los hermanos Winklevoss revelaron que planean lanzar otro exchange de Bitcoin completamente regulado en EEUU que se llamara GEMINI y que será financiado por ellos mismos.
GEMINI estará dirigido directamente hacia aquellos clientes individuales e institucionales de EEUU que han sido reservados respecto a la legitimidad del Bitcoin y que son reacios a enviar dinero al extranjero para poder comprarlo.
En este línea, el exchange será “nacido y criado en Nueva York”, según su sitio web y solo funcionara con bancos americanos, por lo que el dinero nunca saldrá de ese país. El compliance será muy importante, ya que el sitio promete comprometerse con todas las regulaciones bitcoin y las leyes de protección a los clientes.
En contrapartida, la empresa de minería de Bitcoin CoinTerra se declaro en bancarrota. CoinTerra contaba con activos y pasivos en el rango de USD 10 — USD 50 millones, según documentos judiciales. La firma completo el Capitulo 7 de protección por bancarrota, lo que significa que saldrá a liquidar todos los activos para poder pagar a sus acreedores garantizados.
CoinTerra declaró que sería incapaz de pagar a los inversionistas sin garantía y nombró cientos de acreedores en su presentación, que fue el 24 de enero.
La decisión se produce poco después de CoinTerra se convirtió en el blanco de una demanda iniciada por los Centros de Datos C7, un proveedor de servicios de colocación de centros de datos con sede en Utah. C7 está buscando el reembolso de aproximadamente USD 1.4 millones en honorarios por servicios no remunerados, así como casi USD 4 millones de dólares en daños. Los indicios de que la compañía estaba experimentando problemas de deuda surgieron por primera vez a principios de este mes.
Desde el punto de vista técnico, la fuerte reacción alcista que la moneda digital evidenció el fin de semana parece ser correctiva con respecto al movimiento bajista que fue desde el pico de USD 453.92 del 12 de noviembre hasta el mínimo de USD 152.4 del 13 de enero. La subida del fin de semana se frenó en USD 309.9, superando por poco la línea de Fibonacci del 50% de retroceso. Desde allí, los precios volvieron a caer.
Aun no pueden descartarse mayores bajas. La onda final de la corrección puede seguir extendiéndose. Un nivel para observar –si el Bitcoin rompe a la baja el mínimo de USD 152.4- es la zona de USD 125, que sería una extensión del 61.8% del movimiento que fue de USD 453.92 a USD 152.4.
Alternativamente, si el Bitcoin no rompe a la baja el mínimo de USD 152.4, deberíamos superar la zona de USD 309.9 y posteriormente la de USD 453.92 para ver si se puede dar por terminada toda la corrección iniciada desde inicios del 2014.
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¿Qué es Bitex.la? Bitex.la es un mercado de compra y venta de Bitcoin lider en Latino America. La plataforma permite operar bitcoin de manera profesional contra dolares americanos. Cuenta con una robusta red financiera que permite a los usuarios operar casi desde cualquier país del mundo sin restricciones.
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Visitanos! introduccionalbitcoin.com
submitted by bitexla to bitexla [link] [comments]

CoinTerra™ begins shipment of the TerraMiner™ IV – the world’s fastest Bitcoin miner

CoinTerra™ begins shipment of the TerraMiner™ IV – the world’s fastest Bitcoin miner submitted by bang4buck108 to BitcoinMining [link] [comments]

Cointerra Announces 2 TH/s ASIC Bitcoin Miner

Cointerra Announces 2 TH/s ASIC Bitcoin Miner submitted by nighthawk24 to Bitcoin [link] [comments]

An Insiders Take on CoinTerra & the Bitcoin Mining Sector

Having been involved in Bitcoin since 2011 and on the inside of one of the 28nm Bitcoin mining contestants for the past two months, here is my story.
Feel free to skip the long intro to skip to the present: I added it because people might want to know where I'm coming from.
My elevator pitch is that I discovered Bitcoin in 2011 while traveling in Argentina, and after doing research I started recommending it as an investment to the subscribers of my financial newsletter in early 2012. BTC was $5 back then, so we did well with that.
Here are some links of the things that I've done in Bitcoin:
"Bitcoin seen through the eyes of a central banker"
Interview Keiser Report about Bitcoin, ECB & Argentina
"Why you should invest in Bitcoin"
"Cryptocurrency is the future of money, banking, and finance"
Since the beginning I've been thinking a lot about how I wanted to invest in Bitcoin. It has always made plain sense to me to begin with buying coins, as it is like an ETF on the entire Bitcoin economy.
However, in early 2012, just the idea of buying bitcoins was a pretty scary prospect. I consulted with two core developers who actually tried to dissuade me from looking at Bitcoin as an investment. One said it was still very much an experiment, the other said (correctly so) that there were still substantial security risks.
Eventually it was my experience in Argentina's difficult economy (rife with currency crackdowns and capital controls) that convinced me to take the leap - I decided that there was enough demand and enthusiasm for financial freedom in the world. Enough for some crazy people to keep funneling resources into Bitcoin, resources that would support the idealist hackers and maverick entrepreneurs to make the technology of cryptocurrency a success.
So I started buying bitcoins, considering myself lucky because my friends in Latin America had it much tougher: they had to mine most of their cryptocurrency in their basement with graphic cards because of the harsh capital controls that prevented them from sending money abroad and buying them on an exchange.
In all, 2012 was a difficult year for Bitcoin. The 'old' bitcoiners were still psychologically numbed from the huge decline in price, and the newbees were continually scared by new scandals: the Bitcoinica thefts in May and July, the BTC Savings and Trust-ponzi implosion in August, and the Bitfloor theft in September. The price of Bitcoin hovered between $5 and $13 all year, the mainstream media ignored or at best scorned Bitcoin, and I for one was mostly happy to still have an unscathed wallet.
Throughout the year I wrote about Bitcoin practically every week in my email updates and every month in my printed investment newsletter. It was often a frustrating job, because my many of my subscribers are babyboomers or from an older generation who don't intuitively grasp the concepts of peer-to-peer, open source, online, etc. I received a good number of emails accusing me of promoting a ponzi scheme, and my publisher (who does all the promotion for the newsletter) was very sceptical and tried to persuade me to write less about Bitcoin and more about traditional investments like gold and stocks.
I think this tension/struggle is part of what prevented me from exploring the investable side of the Bitcoin economy for quite a while, although I did buy a few Bitcoin mining stocks on the GLBSE. (Compliments to the miners that kept paying out dividends even after the wild ending of this stock exchange - COGNITIVE is one of them)
Attending the Bitcoin London conference organized by Amir Taaki in late 2012 was definitely a turning point for me. Cryptocurrency suddenly became tangible and real, and I think that was the case for many people there.
During Amir's conference, I made friends with Jim from MultiBit and Nejc from BitStamp. I likely missed an investment opportunity with BitPay (even though Tony Galippi was just as impressive back then as he is now), and I tried to persuade GLBSE's Nefario to start talking to a lawyer about the legal risks of running a Bitcoin denominated exchange. Josh from Butterfly Labs made an announcement there in London, and that was my first experience with the excitement and controversy that characterizes so much of the Bitcoin mining industry today.
Meanwhile my investment newsletter kept doing well, and I decided to make a move to South America to expand my horizon. That's how it happened that I was with my friends in Buenos Aires when the March-April 2013 explosion in price happened: an exhilarating time, and I'm still grateful for their long term Bitcoin experience which helped me make the right decisions for myself during this period.
Still I kept thinking about how I could invest some of my gains back in the Bitcoin economy. Chasing a dollar profit doesn't make sense to me, so I had to identify business models that gave perspective for making a multiple on my bitcoins.
Bitcoin mining felt like an interesting fit, for several reasons.
First, I spent the past few years studying the gold mining industry and the parallels and differences with Bitcoin mining are absolutely fascinating to me.
Next, in the short run I am not at ease regarding the authorities ability to attack or destabilize the BTC network. Many will object by saying that the Bitcoin network has a hashrate that's currently 40 times faster than top 500 supercomputers combined. However, that is misleading because the equation would change dramatically if those computers were equipped with specialized ASICs that can be produced for a couple of million dollars.
This is what Jim Rickards referred to when he said "technologists don't understand the world of power politics and malicious actors: there are people who don't care about the cost. (…) If they want to destroy a system, and they have to pay to do it, they'll do it. It's not necessarily more expensive than buying an aircraft carrier or building a submarine."
This is the reason why I think it's crucial to push up the network speed as close to the physical limits as possible. Once the miners are working on the smallest node and with the most efficient chip possible, it will be much more difficult for a malicious entity to do a 51% attack on the network.
(By the way, much respect to the small bitcoiners and basement miners for this: they are the ones that have been bankrolling the expensive development of ever more sophisticated ASIC chips. They are the ones that are slowly turning the once brittle skeleton of the Bitcoin network into an indestructible Adamantium shield.)
Finally, it seemed obvious to me that the Bitcoin mining market was about to enter a consolidation phase, in which the market would increasingly sponsor the more reliable and technically gifted chip producers, which will eventually create a more stable environment for everyone. How exciting, to try and witness from the first row how an entirely new industry grows from childhood/adolescence towards maturity!
Enter CoinTerra.
I first met Ravi Iyengar and his team members at the San Jose Bitcoin conference, where they pitched for an angel investment in their company. I was immediately impressed by their passion, technical pedigree, and understanding of the workings of Bitcoin.
I was definitely intrigued and after the conference we kept the communication lines open. Back in Belgium I met with two interested angels who happened to be Belgian, too. I then talked to different people with hardware backgrounds to verify whether Ravi's team really was that good judging by the industry standards. They were.
I started getting excited.
From there on, things began moving fast. The two Belgians got in and the more I talked to Ravi, the more I was impressed with his cogent reasoning, his decisiveness, and the speed by which he absorbs large amounts of new information. By mid July I finally made the decision to also come in as the third angel investor in CoinTerra.
When I talked about the company to Timo Hanke (German cryptographer and author of the Bitcoin Pay-to-Contract protocol) he was intrigued, did his own due dilligence, and soon after became an investor in, and later a team member of CoinTerra.
Other investors and advisors that came in on the angel round had reputable backgrounds in the software and hardware industries, precious metals, telecom, and law - all of whom shared a great and genuine passion for Bitcoin. I began feeling very fortunate to be able to follow this project from such a close perspective.
After some days, because of Ravi's high energy and magnetic enthusiasm, the following turned into involvement. When I was invited to come to Austin, Texas to help out, I jumped in with both feet - I've been here for a week now.
One thing I noticed when getting involved with CoinTerra more closely, is that the communications part of the equation needed improving. I can understand how the issue came to be. Ravi is in the first place an engineer and a team leader, and he started structuring his company from that same perspective. Even today most of his focus is directed to closely managing all the engineers (in Austin, in Raleigh, and also in India) to make sure that the risks involved are managed to the greatest possible extent.
The engineering roots of CoinTerra are also reflected in the initial vision behind the company: to build large and efficient mining data centers, deploy them worldwide, and to then offer cloud hashing services to the public. However, the still uncertain legal repercussions of that lead to a change in strategy. Instead, CoinTerra is now working on providing chips and rigs for the general public, and leaves it for the customers to decide where and how to mine with them.
Now, I understand and appreciate how very skeptical a large part of the Bitcoin mining community has become. People have invested a lot of resources in brave but often very inexperienced teams who have not always been able to deliver on their promises. It has been a road of trial and error, and the errors of some have proven painful to many.
I can say that I understand what it means to have skin in the game of the mining market; I am an investor in a company that has announced but not released a manufactured product on the market yet. And I stand by it: I think CoinTerra is working on fantastic products and has great future potential as a company. Would I like to make a return on my investment? Of course, that will be the best proof that it fulfills the potential that I see in Ravi and his team.
That said, even to just be involved in this technological arms race that is taking place in Bitcoin mining, where hyper competitive capitalism is miraculously creating a very pure public good, is a real privilege. I think the sector will further mature and that we will see more and more reliable companies emerge over time, and all the while the Bitcoin network will grow stronger and stronger.
I'm happy to take questions if you are interested.
Best wishes,
Tuur
submitted by dtuur to Bitcoin [link] [comments]

CoinTerra and HashFast Sell $17M of Bitcoin Miners, Open Second Batch Sales

CoinTerra and HashFast Sell $17M of Bitcoin Miners, Open Second Batch Sales submitted by SaltyMiso to Bitcoin [link] [comments]

Bitcoin mining company CoinTerra sued for not paying their bills

Bitcoin mining company CoinTerra sued for not paying their bills submitted by Cyrius to Buttcoin [link] [comments]

CoinTerra Hacked | The Bitcoin News

CoinTerra Hacked | The Bitcoin News submitted by drof69 to Bitcoin [link] [comments]

Bitcoin Hardware manufacturer Cointerra in Default

Bitcoin Hardware manufacturer Cointerra in Default submitted by btcrack to BitcoinMining [link] [comments]

Bitcoin mining company CoinTerra goes bust in big bankruptcy

Bitcoin mining company CoinTerra goes bust in big bankruptcy submitted by CanaryInTheMine to Bitcoin [link] [comments]

Found an ad for a Cointerra TerraMiner 1.6TH/S Bitcoin BTC Miner /r/btc

Found an ad for a Cointerra TerraMiner 1.6TH/S Bitcoin BTC Miner /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

[AnandTech] The Rush to Bitcoin ASICs: Ravi Iyengar launches CoinTerra

[AnandTech] The Rush to Bitcoin ASICs: Ravi Iyengar launches CoinTerra submitted by Shadow703793 to Bitcoin [link] [comments]

Like a Hurricane, CoinTerra’s Giant Bitcoin Mining Plant

Like a Hurricane, CoinTerra’s Giant Bitcoin Mining Plant submitted by haakon to Bitcoin [link] [comments]

Wall Street Journal - CoinTerra’s Giant Bitcoin Mining Plant

Wall Street Journal - CoinTerra’s Giant Bitcoin Mining Plant submitted by RJSchex to blackcoin [link] [comments]

CoinTerra, The Evolution of Bitcoin Mining

CoinTerra, The Evolution of Bitcoin Mining submitted by nighthawk24 to Bitcoin [link] [comments]

Cointerra 500 GH/s Chips, Alydian 10 TH/s Hosting, and Mining IPO Set Out To Change Bitcoin Mining Landscape

Cointerra 500 GH/s Chips, Alydian 10 TH/s Hosting, and Mining IPO Set Out To Change Bitcoin Mining Landscape submitted by Micro_lite to Bitcoin [link] [comments]

Cointerra announces new $400GH/s PCIe Bitcoin mining card (scheduled for June 2014)

Cointerra announces new $400GH/s PCIe Bitcoin mining card (scheduled for June 2014) submitted by pimpingken to Bitcoin [link] [comments]

Cointerra hot air. UPDATE: Engineering and Production Status CoinTerra Bitcoin Mining Rig

submitted by jonstern to BitcoinMining [link] [comments]

Bitcoin Mining Hardware Companies: a Customer’s Roundup: Black Arrow vs Virtual Mining Corporation (VMC) vs HashFast vs Bitmine vs KnCMiner vs Alpha Technology vs CoinTerra

Bitcoin Mining Hardware Companies: a Customer’s Roundup: Black Arrow vs Virtual Mining Corporation (VMC) vs HashFast vs Bitmine vs KnCMiner vs Alpha Technology vs CoinTerra submitted by coinwatcher to Bitcoin [link] [comments]

Which Bitcoin Miner would you choose Right Now? The Cointerra 2TH solution for $6K or the KNCMiner solution for $14K?

I am trying to decide which one to buy, I can afford one KNCMiner @ 3TH, or one, maybe 2 of the Cointerra 2TH Miner. Which one do you think is a better bet? besides the obvious speed differences, I would sure appreciate the thoughts of some smart Redditors whom are more experienced with ASIC mining then myself. Thanks for the input guys.
submitted by CoinCurious to BitcoinMining [link] [comments]

CoinTerra cuts price of TerraMiner IV bitcoin mining rig

CoinTerra cuts price of TerraMiner IV bitcoin mining rig submitted by mpluss to BitcoinMining [link] [comments]

Cointerra Terraminer IV Review TerraMiner IV Power Consumption (Usage) Video Cloud Mining with CoinTerra Cointerra TerraMiner IV - up and running Cointerra TerraMiner IV Power Consumption

CoinTerra’s team brings remarkable experience in design methodology, power efficient circuitry and implementation to the exciting new frontier of Bitcoin mining. In fact, it is fascinating to note that CoinTerra was established by a group of world-distinguished mathematicians, ASIC chip designers and Bitcoin community developers. Bitcoin mining company CoinTerra has filed for bankruptcy. CoinTerra has between $10m and $50m in assets, with liabilities within the same range, according to court documents. Bitcoin mining company CoinTerra Inc. has filed for Chapter 7 bankruptcy, less than two weeks after it was hit with a $5.4 million suit by a data center alleging nonpayment, which led to a default ... CoinTerra is a world-class semiconductor engineering company which designs and produces state-of-the-art cryptocurrency ASIC processors and systems. Our superior design methodologies, advanced architectures, economies of scale and vertical integration enable us to deliver Bitcoin mining solutions with the highest performance ASICs for the ... This page is within the scope of WikiProject Mining, a collaborative effort to improve the coverage of mining hardware, pools and establishments on the Bitcoin Wiki.If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.: Stub: This page is a stub.: Low: This page has been rated as low-importance on the importance scale.

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Cointerra Terraminer IV Review

Cloud Mining with CoinTerra Become a fan and join the Bitcoin Revolution! https://twitter.com/CryptoCoinsRev https://www.facebook.com/CryptoCoinsRevolution h... Here is the follow-up video promised in the unboxing video. We let it run for 24 hours exactly. We are getting 1.5TH/s on average and it has drifted higher. Next video we will hook-up two power ... Cointerra TerraMiner IV Power Consumption I used a Kill-A-Watt meter to measure 1 of 2 PSUs that are equally hashing in the unit. It peaks just below 3000W and averages about 2800W. Here is the third video as promised showing the actual power usage on dual meters. We ran it for 24 hours on the meters before shooting the video. This is a TerraMiner IV from CoinTerra. It is a ... WORLD FASTEST - BITCOIN ASIC - TERRAMINER IV - COINTERRA 2TH/s - UNWRAP WITH FULL TUTORIAL - Duration: 8:32. Vaz Avakyan 188,546 views. 8:32.

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