CoinTerra Announces Partnership with Open-Silicon
On August 5, 2013, CoinTerra, announced its selection of Open-Silicon as their ASIC design and development partner. As a semiconductor engineering company, CoinTerra, seeks Bitcoin mining solutions through using ASICs. With a team of design experts, CoinTerraseeks to produce high quality chips for power-efficient, low-cost, high-performance custom....
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The mining company, CoinTerra, announced a reduced pricing opportunity for their second batch of specialized ASIC mining equipment. CoinTerra will price the new TerraMiner II at $3499 and the TerraMiner IV set to be released in January 2014 at $5999. The TerraMiner II will serve as an entry-level Bitcoin mining solution. The TerraMinter IV serves as the first miner to break the $3 per Gigahash Barrier. CoinTerra issued the following release: CoinTerra Introduces Two Low-Cost Bitcoin ASIC Mining Solutions. New TerraMiner II for $3499 and Reduced Price of $5999 for TerraMiner IV in January....
CoinTerra's Ravi Iyengar. CoinTerra today announced the immediate deployment of their state-of-the-art tier-3 compliant datacenter. From this data center, CoinTerra plans to offer Bitcoin mining contracts to individuals around the world whom are unable to mine in their own homes due to constraints with mining hardware imports, high electricity costs, or nagging wives. They are offering contracts as small as 12 months at 200 GH/s for $999 all the way up to 24 months at 1 PH/s. According to Dr. Timo Hanke, CTO of CoinTerra, Inc., CoinTerra has a distinct advantage over its competitors:....
CoinTerra has announced the AIRE Miner, the company's first bitcoin miner based on 16nm silicon. The Texas-based mining hardware maker said the AIRE will deliver a substantial increase in efficiency and performance when it ships in the first quarter of 2015, as the chip will be one of the first commercial products based on 16nm technology. CoinTerra CTO Timo Hanke framed the offering as one that would benefit the wider consumer market, saying: "With exceptional hashing performance and power efficiency, we are ready to put the power of high performance bitcoin mining back into the hands of....
CoinTerra has good reason to break out the champagne today. The Texas-based mining outfit has announced the shipment of its 1,000th mining rig and it claims that CoinTerra hardware is now powering 6% of the Bitcoin network. The company says that over the course of four weeks its miners accounted for 1.7 petahash of bitcoin mining performance, slightly more than 6% of the entire network. New TerraMiner IV batches on schedule. CoinTerra says its second manufacturing facility is now operating at full capacity and that it is churning out the February batch of orders. Further batches of....
CoinTerra has just announced its official launch and, with this, is cutting the price of its TerraMiner IV product from $15,750 to $13,999. This is a 28nm design that is claimed to achieve 2 TH/sec. Tuur Demeester, an investment expert and investor in CoinTerra, told us the company has done this in response to "signals" from bitcoin miners. Further feedback from miners led CoinTerra to begin working on lower price mining devices in addition to the TerraMiner IV. We asked CoinTerra CEO, Ravi Iyengar, about the lower-cost devices, but details were not forthcoming: "We will be announcing the....