CoinTerra Announces Two Low-Cost Bitcoin ASIC Mining Solutions
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....
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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 Bitcoin mining solutions. Leading members of the Bitcoin community have taken to CoinTerra and are choosing to invest. Economist and author of MacroTrends, Tuur Demeester stated, "CoinTerra is my first angel investment in the Bitcoin sphere."....
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:....
Bitcoin mining solutions company CoinTerra announced their GSX I line of PCI Express bitcoin miners, building on the success of the recently-launched TerraMiner. "Having delivered the TerraMiner, the most powerful Bitcoin miner ever released, we decided to turn our attention to designing an affordable solution for the folks who kick-started the mining revolution - enthusiasts and hobbyists looking for an affordable path to ASIC-based Bitcoin mining," said Ravi Iyengar, CEO at the Austin, Texas-based company. ". The device can deliver over 400 GH/s of mining power, and comes in at $1,599.....
Having more or less completing development on their large Terraminer unit capable of 2 TH/s for a sum of $5,999, CoinTerra recently announced their GSX I Bitcoin mining solution. CoinTerra is currently accepting preorders on the GSX I only, with expected delivery to be in June of 2014. CoinTerra's CEO Ravi Iyengar had this to say: "Having delivered the TerraMiner, the most powerful Bitcoin miner ever released, we decided to turn our attention to designing an affordable solution for the folks who kick-started the mining revolution - enthusiasts and hobbyists looking for an affordable path....
ASIC mining firms CoinTerra and HashFast have updated their product offerings as they jockey for position in the 28 nm hardware space. CoinTerra announced a new entry-level unit and slashed the price on its flagship ASIC miner whilst HashFast announced a higher-performance unit to complement its smaller device. CoinTerra's new 1 TH/s TerraMiner II, based on the same GoldStrike1 chip as its 2 TH/sec TerraMiner IV, will sell for $3,499. January batches of the firm's TerraMiner IV have been priced at $5,999 for January delivery to customers. At the end of last month, CoinTerra had already cut....