CoinTerra™, the high performance and value leader in ASIC Bitcoin mining hardware announced yesterday

With the first production TerraMiner IV in a retail customer’s hands, CoinTerra has set a new standard for both price and performance for Bitcoin mining hardware. The unprecedented hash power of the TerraMiner IV redefines the standard by which all Bitcoin miners will be judged moving forward. With blazing performance approaching two terahashes per second, the TerraMiner IV is the first self-contained Bitcoin mining solution to smash the one terahash per second barrier and with its $5999 price point it also delivers a dollar per gigahash proposition unmatched in the marketplace today. Designed and assembled in Austin, Texas, the very first production unit was presented to customer Jake Gostylo by Founder and CEO Ravi Iyengar and the CoinTerra team, who joined him in celebrating the occasion at CoinTerra’s headquarters. “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 in place, great things can be accomplished in an incredibly short timeframe” said Ravi Iyengar, CEO – CoinTerra, Inc.