Share this article
CoinTerra Ships First Terahash Bitcoin Mining Rig
CoinTerra announced today it had finally started shipping its highly anticipated terahash-class TerraMiner IV professional mining rigs.
Updated Sep 11, 2021, 10:18 a.m. Published Jan 28, 2014, 10:42 p.m.
Make us preferred on Google
announced today it has finally started shipping its highly anticipated TerraMiner IV professional rigs. The TerraMiner IV is the first professional miner to break the one terahash per second barrier.
STORY CONTINUES BELOW
It is based on CoinTerra's new GoldStrike I processor, which the company describes as the most powerful SHA256 ASIC ever released. Its peak performance stands at over 500 gigahashes per second on a 28nm chip, built by GlobalFoundries.
"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 of CoinTerra, Inc.
The GoldStrike I is said to be clocked at 1.4GHz and up to four will be used in TerraMiner units. The chips run at 0.765 volts and, since it uses the latest Globalfoundries 28nm high performance plus node, the unit should be rather efficient as well. The same process is used in AMD's latest Kaveri processors, which launched earlier this month. This means miners are getting cutting edge technology, as 20nm high performance nodes are still unavailable. The first 20nm ASIC rig should be KnCMiner's new Neptune, when it comes to market.
Manufacturing process
"We are delighted to be the silicon supplier and physical design house for CoinTerra's industry leading TerraMiner platform," said Asim Salim, VP Operations for Open-Silicon.
"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."
Each TerraMiner IV rig features two PCBs with two GoldStrike I chips each. The rig employs two separate water cooling systems, one for each PCB. The heat exchangers feature three fans, while a couple of fans are mounted at the front of the rig to ensure plenty of airflow.
The TerraMiner IV is priced at $5,999, but CoinTerra says its order books are filled through April 2014. Only the sixth batch can be pre-ordered, with shipments scheduled for May 2014. If you are interested, you can check out the CoinTerra online shop for details.
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Ethereum Foundation makes post quantum security a top priority as new team forms
EF researcher Justin Drake says a new post-quantum team will drive wallet safety upgrades, research prizes and test networks as quantum timelines shorten.
What to know:
- The Ethereum Foundation has elevated post-quantum security to a top strategic priority, forming a dedicated Post Quantum team led by Thomas Coratger with support from leanVM cryptographer Emile.
- Researcher Justin Drake said Ethereum is shifting from background research to active engineering, including biweekly developer sessions on post-quantum transactions and multi-client post-quantum consensus test networks.
- The foundation is backing new cryptography with funding and outreach, launching two $1 million prizes, planning post-quantum community events and education, and stressing that blockchains must prepare early for quantum threats despite their long-term nature.
Top Stories
