CoinTerra announces the world's first 16nm ASIC based Bitcoin Miner - the AIRE Miner

Update: CoinTerra was a bitcoin mining manufacturer which filed for bankruptcy in January 2015.

AUSTIN, Texas – September 18, 2014 -- CoinTerra, the market leader in Bitcoin mining solutions today announced their next generation Bitcoin Miner – the AIREMiner™. At an expected performance per watt of 5x the current generation miners, the 16nm ASIC based AIRE Miner is now available for limited time pre-order with expected delivery in Q1 2015.

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

The AIRE Miner, currently scheduled to ship to customers in Q1 of 2015 is a high efficiency Bitcoin miner based on CoinTerra’s new 16nm SHIVA™ ASIC scheduled for tape out in late September 2014.

The AIRE Miner brings to market not only significant performance improvements in a small form factor but also provides unprecedented power efficiency.

The AIRE Miner is now available for pre-order at an introductory price of $2499 per unit + S/H for a limited time. Customers can read more about the AIRE Miner specifications and place their order through cointerra.com

“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 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.

About CoinTerra™

Founded in Austin, Texas in mid-2013, CoinTerra is currently one of the fastest-growing technology startups in the world. CoinTerra designs, produces, and operates systems that power the Bitcoin blockchain network.

CoinTerra’s state-of-the-art design methodologies and advanced architectures enable the delivery of enterprise level Bitcoin mining solutions with the highest performance and lowest total cost of ownership available on the market today.

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®.

About Global Unichip Corp™

GLOBAL UNICHIP CORP. (GUC), the Flexible ASIC LeaderTM, is based in Taiwan and provides a comprehensive suite of The Flexible ASIC ServicesTM that meet the unique business and technology requirements of today’s innovative technology company.

GUC provides an unmatched combination of advanced technology, low power and embedded CPU design capabilities and production knowhow through close partnership with TSMC and major packaging and testing companies that are ideal for advanced communications, computing and consumer electronics ASIC applications. The company has the proven ability to maximize the power/ performance sweet spot while delivering the fastest possible time-to-market. GUC’s uncompromising performance provides the absolute best power, speed, quality, yield, and on-time delivery. Our goal is to innovate and deliver world class Flexible ASIC Services that elevate IC visionaries to the next level of leadership in their markets.

Based in Hsin-chu, Taiwan GUC has developed a global reputation with a presence in China, Europe, Japan, Korea, and North America. GUC is publicly traded on the Taiwan Stock Exchange under the symbol 3443.