BitcoinMining

CoinTerra Launches First 16nm ASIC-Based Bitcoin Miner

Austin, Texas-based CoinTerra, a Bitcoin mining solutions provider, has released its next generation Bitcoin Miner – the AIREMiner.

With an allegedly expected performance per watt of 5x current generation miners, the 16nm ASIC based AIREMiner is now available for pre-order with expected delivery in Q1 2015.

After the launch of TerraMiner IV in January 2014, CoinTerra is now accepting pre-orders for their next generation of Bitcoin Miner.

The AIRE Miner is available for pre-order at an introductory price of $2499 per unit + S/H for a limited time.

“After months of hard work we are proud to announce the technical details of our upcoming Bitcoin mining system- the AIRE Miner, based on 16nm ASIC the SHIVA. With exceptional hashing performance and power efficiency we are ready to put the power of high performance Bitcoin mining back into the hands of Bitcoin enthusiasts the world over” said Timo Hanke, CTO, CoinTerra, Inc.

For the development of SHIVA, CoinTerra put together a brand new physical design team that spent over 9 months developing and optimizing the chip design in cooperation with Taiwan’s Global Unichip Corp, one of the leading companies in ASIC design.

“Working with CoinTerra on their state of the art 16nm ASIC design has given us a chance to push the boundaries of modern technology and we are proud to be part of this exciting project” said Louis Lin, VP Design Service, Global Unichip Corp.

The SHIVA ASIC is scheduled to commence tape out in late September and will be one of the first commercial products utilizing 16nm technology, enabling performance improvements and power efficiency previously impossible to achieve in a Bitcoin mining ASIC.

Journalist, policy analyst, and evangelist of new, disruptive technologies including big data analytics, Internet of Things, and cryptocurrencies. Internet industry veteran with regional c-suite experience, and journalist credentials earned at internet.com, Internet World magazine, and Mecklermedia Corporation.
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