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CoinTerra and HashFast Sell $17M of Bitcoin Miners, Open Second Batch Sales

CoinTerra Today CoinTerra announced that it will begin selling its second batch of bitcoin ASIC miners for January delivery. CoinTerra is led by Ravi Iyengar, previously the lead CPU Architect at Samsung Corporation prior to founding CoinTerra. He has recruited a robust team of specialists and advisors including cryptography expert Timo Hanke and bitcoin expert Tuur Demeester. Their first batch is scheduled for delivery in December and included 2 TH/s (2,000 GH/s) TerraMiner IV units for $13,999, as well as individual 500 GH/s chips which were sold in bulk quantities. Using a similar pricing scheme as Bitfury, who offered customers …

Sep 12, 2013 Posted by Phillip Archer In Mining, News Tagged ASIC, Hash Fast, PH, Ravi Iyengar, TH, Timo Hanke, Tuur Demeester Comments 5

Cointerra Expects to Deliver 2 PH/s of ASICs in December

Considering a bitcoin mining hardware purchase? Make a more informed decision with our Bitcoin Mining Dashboard. Today Cointerra released more information on their ASIC bitcoin miner product line, as well as a more competitive pricing on the 2 TH/s miner. Cointerra is led by Ravi Iyengar, who was lead CPU Architect at Samsung Corporation prior to founding Cointerra. He has recruited a robust team of specialists and advisors including their most recent announcement of Timo Hanke as their Lead Cryptographer, who brings with him 15 years of research experience in computer algebra and number theory. Application specific integrated circuits (ASIC) …

Aug 27, 2013 Posted by Phillip Archer In Mining, News Tagged ASIC, Bitcoin Mining Dashboard, Network Impact, PH Comments 1

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