24 May 2017
Visit EBAday.com

CoinTerra ships 'world's fastest' bitcoin miner

29 January 2014  |  2374 views  |  0 Source: CoinTerra

CoinTerra, the high performance and value leader in ASIC Bitcoin mining hardware announced today that they have started delivering their eagerly-anticipated TerraMiner IV professional Bitcoin miner - the first to market which breaks the one terahash barrier.

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.
"As a long-time Bitcoin miner, I'm incredibly excited to be the first person in the world to get his hands on a production TerraMiner. The performance blows away anything I've mined with before," said Jake Gostylo.

At the heart of the TerraMiner is the 28nm GoldStrike(TM) I processor, the most powerful SHA256 ASIC ever released. With peak performance of over 500 gigahash per second it is testament to the strength of CoinTerra's world-class engineering team.

"We are delighted to be the silicon supplier and physical design house for CoinTerra's industry leading TerraMiner platform. Manufactured on GlobalFoundries 28nm technology node, the silicon was delivered in a special custom package with testing completed in an unprecedented cycle time of 49 days from tapeout," said Asim Salim, VP Operations - Open-Silicon. 

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
Visit www.capgemini.com/worldreportsvisit www.niceactimize.comvisit vasco.com/news/PSD2-compliant-solutions

Top topics

Most viewed Most shared
Google and PayPal partner for mobile shopping by fingerprintGoogle and PayPal partner for mobile shopp...
9057 views comments | 27 tweets | 28 linkedin
Banks must get on AI bandwagon now – new Finextra researchBanks must get on AI bandwagon now – new F...
9025 views comments | 22 tweets | 31 linkedin
Time for data-driven banking to come of ageTime for data-driven banking to come of ag...
8936 views comments | 29 tweets | 35 linkedin
Twins fool HSBC voice biometrics - BBCTwins fool HSBC voice biometrics - BBC
8842 views comments | 21 tweets | 24 linkedin
BBVA brings info and payments to social and messaging networksBBVA brings info and payments to social an...
6691 views comments | 11 tweets | 17 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job