CoinTerra is proud to announce the specs of our first ASIC chip GoldStrike1 (aka GS1)
GS1 is a 28nm chip and will be one of the highest performance ASICs in the Bitcoin mining world with a hash rate greater than 0.5TH at a power consumption of significantly less than 1 watt/GH. More details later this month before we take preorders.
The GS1 chips are expected to arrive late Q4 2013.
Our website will be ready to take preorders later this month with a range of products involving one or multiple units of the GS1.
So I just ran the calculator using 63% Monthly increase (our approximate average over the last few months) and unless Cointerra can deliver at an amazing price point (like $4/Gh), I don't see these being very popular. I really want there to be an upside to this, but when people are fighting over the end game where you're worried about making mining profitable vs. electricity costs, then we're talking about a couple dollars a day.
http://mining.thegenesisblock.com/a/a4a60f3d98Someone please prove me wrong, I really don't want the days of the money printing machine to be over.