Latest CoinTerra News

BitBeat: BitFury Raises Million in Latest Fundraising Round
There's been a shake-up in the mining industry over the past year, as the costs of the mining arms race, as well as the missteps typical in a nascent industry, have crushed a number of players, like CoinTerra, Aquifer, BitMine and Butterfly Labs. Mr …
Read more on Wall Street Journal (blog)

News & Analysis Bitcoin ASIC in Chips-to-$ Race
CUPERTINO, Calif. – In eight short months, startup CoinTerra designed a 28nm ASIC that pushes the envelope in logic power density and shipped a system using four of them. Its tale is typical of the headlong race to hardware acceleration in the emerging …
Read more on EE Times

Latest CoinTerra News

New KnCMiner Data Center Will Be Up and Running Within Four Weeks
KnCMiner is one of the most prominent companies in the Bitcoin mining scenes, and they have gotten a lot of attention in recent years. Additionally, the company has seen its fair share of success, and KnCMiner data centers have been erected in multiple …

Latest CoinTerra News

Money Isn't Free, but Moving It Is Now Cheaper
One day last year, at the height of the Ukrainian revolution, Mark Howard spotted something interesting on television. In the background, a protester was holding up a poster with an instantly recognizable logo: A “B” with two vertical bars, the symbol …
Read more on Wall Street Journal

Three Leading Bitcoin Mining Companies Are Now Very Optimistic
Since the beginning of 2015, Bitcoin startups have begun to abandon bitcoins due to their highly volatile price. In January this year, Bitcoin mining company CoinTerra was sued for over $ 5 million as it failed to pay its bills when the price of …
Read more on newsBTC

Feds try to force former sketchy Bitcoin mining firm employee to testify
Previously, CoinTerra, Butterfly Labs, and HashFast have also faced similar legal battles. The SEC alleges millions of dollars in possible fraudulent sales by GAW Miners—the case could also expand to criminal charges. Carlos Garza, the brother of Josh …
Read more on Ars Technica

CoinTerra rushes 28nm ASIC to bitcoin hardware market

CoinTerra rushes 28nm ASIC to bitcoin hardware market
The emerging virtual money economy has firms racing to market with bitcoin mining chips, and in just eight months, start-up CoinTerrain developed a 28nm ASIC that pushes the envelope of power density, and shipped a system that equips four of them.
Read more on EE Times India

Bitcoin-Mining: Hersteller Cointerra ist pleite
Unter anderem der stark gefallene Bitcoin-Preis hat Cointerra, einem Hersteller von Bitcoinmining-Hardware, den Todesstoß gegeben. Das texanische Unternehmen musste Insolvenz anmelden. Cointerra, ein in Texas beheimateter Hersteller von Hardware …
Read more on Heise Newsticker

CoinTerra Announces Spot Price for TerraMiner IV

CoinTerra Announces Spot Price for TerraMiner IV
CoinTerra, a popular ASIC Bitcoin mining hardware company, announced that it will be doing spot price for its TerraMiner IV hardware. This means that according to how the Bitcoin market fares, the price of TerraMiner IV will either increase, decrease, …
Read more on Coinreport

Cointerra's 500 Gigahash per chip bid to change ASIC market
Cointerra promises the smartest chip design and the best price-performance ratio we've yet seen in the ASIC market. But can customers afford to wait for it? The ASIC mining business was all about getting to market first, and we have seen some …
Read more on CoinDesk

NYC Bitcoin Center Now Selling CoinTerra Bitcoin Mining Hardware
“We are delighted that CoinTerra, America's leading Bitcoin mining hardware company, has chosen Bitcoin Center NYC, America's premier Bitcoin retail showcase as the first physical location to sell the TerraMiner IV from stock,” said Nick Spanos, who …
Read more on newsBTC

CoinTerra Ships 1000th Miner, Powers 6% of Bitcoin Network

CoinTerra Ships 1000th Miner, Powers 6% of Bitcoin Network
CoinTerra has good reason to break out the champagne today. The Texas-based mining outfit has announced the shipment of its 1,000th mining rig and it claims that CoinTerra hardware is now powering 6% of the Bitcoin network. The company says that over …
Read more on CoinDesk

Austin digital currency company raises new capital
CEO Ravi Iyengarwas was previously the lead central processing unit architect at Samsung Corp. and held senior design positions at California-based Qualcomm Inc. (Nasdaq: QCOM) and Intel Corp. (Nasdaq: INTC), according to the CoinTerra website.
Read more on Austin Business Journal (blog)

CoinTerra Ships 5000th TerraMiner, Offers 20% Discount

CoinTerra Ships 5000th TerraMiner, Offers 20% Discount
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 …
Read more on CoinDesk

CoinTerra acquires Bits of Proof and welcomes founder Tamas Blummer as Vice
Through the acquisition, Bits of Proof CEO Tamas Blummer joins CoinTerra as Vice President of Enterprise Software and CoinTerra gains access to Bits of Proof's assets including its modern and modular, enterprise ready implementation of the Bitcoin …
Read more on PR Newswire (press release)

Austin bitcoin computer maker collects nearly M financing
CoinTerra, which launched in August 2013, develops what the company calls high-performance “bitcoin application specific integrated circuits and systems.” Bitcoins are a digital currency, or crytptocurrency, based on an open-source protocol. The …
Read more on Austin Business Journal (blog)

CoinTerra™ announces the world's first 16nm ASIC based Bitcoin Miner – the

CoinTerra™ announces the world's first 16nm ASIC based Bitcoin Miner – the
AUSTIN, Texas, Sept. 18, 2014 /PRNewswire-USNewswire/ — CoinTerra, the market leader in Bitcoin mining solutions today announced their next generation Bitcoin Miner – the AIRE Miner™. At an expected performance per watt of 5x the current generation …
Read more on PR Newswire (press release)

CoinTerra Is Now Offering Bitcoin Mining Contracts Out Of Their State-Of-The
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 …
Read more on CryptoCoinsNews

CoinTerra™ breaks GH/s barrier with next-generation Bitcoin mining contracts
This extremely competitive pricing is made possible through the expected introduction of CoinTerra's next generation Bitcoin mining hardware: the AIREMiner™ which will utilize CoinTerra's highly scalable TruePeta™ architecture for high performance …
Read more on PR Newswire (press release)

CoolIT Systems Selected by CoinTerra

(PRWEB) September 26, 2013

CoolIT Systems, Inc., has entered into a long term partnership agreement with CoinTerra, the performance and value leader in Bitcoin ASIC Mining solutions. CoinTerra® chose CoolIT’s custom liquid cooling solution to cool the latest super high performance GoldStrike1™ ASIC chips.

“Working with an industry pioneer like CoinTerra® is an important step towards liquid cooling becoming an industry standard,” said Geoff Lyon, CEO of CoolIT Systems. “We started CoolIT Systems to deliver on the promise of maximizing the performance of well designed silicon through better cooling technology. CoinTerra’s ASIC chip, The GoldStrike1™ combined with CoolIT’s DCLC™ can do just that.”

CoolIT’s liquid cooling solution unleashes CoinTerra’s ASIC chip, The GoldStrike1™, a fast and efficient ASIC chip designed especially for Bitcoin mining. Hashing at a minimum of 504 GH/s, the GoldStrike1™ chip is designed for both speed and efficiency.

“CoolIT was a clear choice for us. Bitcoin mining systems carry a unique thermal profile, which require the most advanced, custom cooling solutions. We chose CoolIT because they have the best technology and track record in this space,” said Ravi Iyengar, CEO of CoinTerra.

CoinTerra’s GoldStrike1 ASIC Highlights: CoinTerra® demonstrates working FPGA.

About CoinTerra

CoinTerra® designs and produces best-in-class Bitcoin mining ASIC processors and systems. The company’s state-of-the-art design methodologies and advanced architectures enable the delivery of Bitcoin mining solutions with the highest performance ASICs for the lowest power and die area. CoinTerra® boasts a highly experienced engineering team of semiconductor architects and designers who have previously designed some of the world’s highest performance CPUs, GPUs and chipsets for NVIDIA®, Intel®, Samsung®, Qualcomm® and Nortel®.

About CoolIT Systems

CoolIT Systems is a supplier of industry leading Direct Contact Liquid Cooling (DCLC™) solutions for the HPC, Cloud and Enterprise markets. As a market leading engineering company, CoolIT has been dedicated to the invention and design of state-of-the-art liquid cooling technology since 2001. With 43 patents and over 1 million direct contact liquid cooling (DCLC™) units deployed in desktop computers, servers and data centres around the world, our vision is to become the global leader in direct-contact liquid cooled IT solutions.

All trademarks and registered trademarks previously cited are hereby recognized and are the property of their respective owners.

For further information related to the media, please contact marketing(at)coolitsystems(dot)com.

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