The folks over at CoinTerra today announced the shipment of their 1,000th TerraMiner bitcoin miner, less than a month following the first delivery of the powerful device.
In that time frame, TerraMiner units are responsible for 1.7 Petahash of mining power by CoinTerra’s estimation — over 6 percent of the bitcoin network.
“We handed over the very first TerraMiner to a customer at the end of January and now I am very pleased to say that we have shipped over 1,000 TerraMiners and are at full production volume,” said company CEO Ravi Iyengar.
The company says they’re working as fast as they can to delivery February’s batch of orders, and is on-track to continue delivering TerraMiner IV units to customers on schedule.
The company’s second manufacturing facility in central Texas is said to be operating at full capacity, and CoinTerra expects the latest batch of orders to be delivered in June 2014 (which includes their GSX PCIe card mining card).
CoinTerra, respected in the mining community, will be the headline sponsor of the Texas Bitcoin Conference (March 5-6th).