AUSTIN, Texas, July 2, 2014 /PRNewswire-USNewswire/ -- CoinTerra, the market leader in Bitcoin mining solutions announces new pricing model for mining contracts, providing customers the flexibility and hash power they need to quickly enter large scale Bitcoin mining. The new pricing gives customers the option of purchasing hash power with immediate activation for plans ranging from 100 TH/s to 1 PH/s with as little as 50% down.
CoinTerra is offering these new mining contracts through a pricing model which allows customers to maximize their mining hash rate for only half of the total contract price payable up-front on any plan starting at 100 TH/s, letting customers leverage their investment for maximum mining hash power.
"CoinTerra's innovative Bitcoin mining contract provides customers the financial flexibility they need to maximize their potential Bitcoin earnings with immediate deployment and low initial investment." said Ravi Iyengar, CEO - CoinTerra, Inc.
CoinTerra is able to provide large scale Bitcoin mining hash power through its multiple state-of-the-art datacenter installations employing the highly scalable TruePeta™ system based on CoinTerra's proven GoldStrike™ I ASIC and TerraMiner™ platform. The TruePeta™ deployment architecture guarantees unrivaled availability and industry leading scalability for large scale mining operations.
CoinTerra's Bitcoin mining contracts offer a range of performance plans, with prices starting at $999 for a 12 month, 200 GH/s mining contract and going all the way up to 1 PH/s, 24 month contract. When ordering, customers can combine multiple contracts to create personalized hash power plans. After the mining contract is activated, customers receive weekly payouts to their Bitcoin wallet address, based on the hash power of the bitcoin mining contract(s) purchased.
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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 TruePeta 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.