CoinTerra Adopts Daily Spot Pricing For TerraMiner IV
Texas-based CoinTerra announced on Monday that they'll be adopting a variable pricing model for retail sales of the TerraMiner IV bitcoin miner. The company noted they've delivered the April, May, and June batches ahead of schedule, and the new pricing model "from-stock sales [will] reflect the ever-changing variables which go to make up the Bitcoin ecosystem". Says Ravi Iyengar, CEO at CoinTerra: As the leading high-performance Bitcoin mining hardware manufacturer shipping from stock, we can now offer a pricing model that allows Bitcoin miners to make purchasing decisions based on current....
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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....
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....
CoinTerra announced today it has finally started shipping its highly anticipated TerraMiner IV professional rigs. The TerraMiner IV is the first professional miner to break the one terahash per second barrier. It is based on CoinTerra's new GoldStrike I processor, which the company describes as the most powerful SHA256 ASIC ever released. Its peak performance stands at over 500 gigahashes per second on a 28nm chip, built by GlobalFoundries. "Handing over the first TerraMiner marks a major milestone for CoinTerra. It goes to show that through hard work and determination with the right team....
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....
Texas-based mining hardware manufacturer CoinTerra has managed to ship its 5,000th TerraMiner just ten weeks after launching full-scale production. The hardware manufacturer shipped the 1,000th unit in late February. At the time, CoinTerra said its kit powered 6% of the bitcoin network. However, with 4,000 additional TerraMiner units in the wild, the company's hardware now accounts for more than 15% of the entire network, or roughly 8 petahash of power. The company shipped its first TerraMiner in late January - claiming that further batches of TerraMiner IV rigs were on schedule. March....