Quote from: FrictionlessCoin on January 29, 2014, 04:35:33 AM

Quote from: russellthies on January 29, 2014, 04:29:26 AM

Cointerra also delayed, albeit only by a month. Their first miner was shipped today, according to Coindesk. Originally the goal for their first batch shipment date was "late December", all things considered, that's pretty good.

Also, their goal of reaching 2 terra hashes with the Gold Strike 4 miner has come up a little short (1.7), while the power usage is higher than hoped for, 2000 watts as opposed to 1650.

We miners must understand that these companies (AMT included of course) do not have a history of producing the product we're buying, therefore, they can only give us their best estimates on delivery dates, production levels, power consumption, etc. It's just the way it is, and actually somewhat understandable if you've ever tried to estimate how long it would take to do something you have never done; almost always off by a wide margin. Undecided

I had thought that Cointerra was the most experienced manufacturer of them all, for them to miss their technical targets doesn't bode well for everyone else.

My gosh... 2000 watts! So we should expect the 1.2 THs to be around 1200 watts. Maybe I should stick to GPU mining!

I definitely would not give up on the gpu's, particularly when considering the long game. I have about 5k invested in gpu miners and 5k in in BFL asics. The gpu's are now outproducing the (65mm) asics! Of course I accomplish this by mining dogecoin, with the gpu's, and then trading back to bitcoin.