AUSTIN, Texas, April 28, 2014 /PRNewswire-USNewswire/ -- CoinTerra, the market leader in ASIC Bitcoin mining solutions today announced that it has adopted a variable pricing model for retail sales of their TerraMiner IV Bitcoin mining hardware.
Having delivered the April and May/June batches significantly ahead of schedule, CoinTerra has decided to move to a model of daily pricing for its from-stock sales in order to reflect the ever-changing variables which go to make up the Bitcoin ecosystem.
"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 factors. This makes CoinTerra's spot pricing exceptionally attractive to members of the Bitcoin mining community wishing to buy mining hardware for immediate delivery and deployment." said Ravi Iyengar, CEO - CoinTerra, Inc.
Every 24 hours market analysts at CoinTerra will determine the following day's spot price, and the first price point offered on Monday April 28th is $3,799 per TerraMiner IV with a volume discount of $200 per unit when purchasing 10 or more. Depending on the market, pricing may increase or decrease, or remain unchanged.
Additionally, CoinTerra has announced that it has begun to offer the TerraMiner's GoldStrike I ASIC for sale to third-parties to integrate into their own system designs, with a minimum order of 500 ASICs.
To order a TerraMiner IV from stock for immediate shipping visit: https://cointerra.com/shop
Press inquiries please contact:
Daniel Larsson, Press Officer
+1 (512) 270-6050
General inquiries please contact:
+1 (512) 270-6050
*Price excludes shipping cost. Orders placed are expected to ship within 1-2 business days of receipt of payment.
Founded in Austin, Texas in mid-2013, CoinTerra is currently one of the fastest-growing technology startups in the world. CoinTerra designs and produces best-in-class ASIC processors and systems for high-performance financial technology applications, with an initial focus on cryptocurrency and the Bitcoin ecosystem. Our state-of-the-art design methodologies and advanced architectures enable the delivery of Bitcoin mining solutions with the highest performance ASICs available on the market today.
Engineered in Austin, and assembled in Central Texas, the TerraMiner is a shining example of the leading-edge innovation and rapid development which are the cornerstone of Austin's "Silicon Hills" technology community.
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, SOCs and chipsets for Apple®, Intel®, Nvidia®, Qualcomm® and Samsung®.
© 2014 CoinTerra, Inc. All rights reserved. CoinTerra, the CoinTerra logo, TerraMiner and GoldStrike are trademarks of CoinTerra, Inc. in the U.S. and other countries. Other trademarks belong to their respective owners. Features, pricing, availability and specifications are subject to change without notice.