Texas-based CoinTerra announced on Monday that they’ll be adopting a variable pricing model for retail sales of the TerraMiner IV bitcoin miner.
The company noted they’ve delivered the April, May, and June batches ahead of schedule, and the new pricing model “from-stock sales [will] reflect the ever-changing variables which go to make up the Bitcoin ecosystem”
Says Ravi Iyengar, CEO at CoinTerra:
[blockquote style=”2″]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.[/blockquote]
The company says that every twenty-four hours, the company’s market analysts will make the determination as to what the next day’s spot price will be.
Those determinations have started today, with the Monday price at $3,799 (with volume discount when purchasing ten or more of $200 per device).
According to the company, “Depending on the market, pricing may increase or decrease, or remain unchanged.”
The company also took the opportunity to announce that it has begun offering their Goldstrike I ASIC chips to third-parties for integration into their own system designs — with the minimum order being 500 units.
What do you think of the new pricing structure?