InsolventMining hardwareBitcoin2013–2015
CoinTerra
Its founder had worked on Samsung’s processor designs
An Austin semiconductor company designing ASIC chips and systems for Bitcoin mining.
- Capital raised (announced)
- Reported figures differ
Funding
| Round | Date | Announced | Investors |
|---|---|---|---|
| Convertible note | Unknown | Not disclosed | |
| Seed funding | Unknown | Not disclosed |
Announced is what was said at the time. Cash actually received is rarely disclosed and is not assumed to match.
People
| Name | Role | Period | Now | Last checked |
|---|---|---|---|---|
| Ravi Iyengar | — | Not established | Oct 2026 |
How it ended
SiliconANGLE reported that CoinTerra filed for Chapter 7 and listed hundreds of creditors. The filing does not establish how investor funds were spent.
Still alive
Open spot
CoinTerra is gone. Is your mining company still running?
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Sources
2 sources behind this page.
- 1CoinTerra goes bankrupt · SiliconANGLE · Jan 2015
- 2CoinTerra company profile · Tracxn
Every figure above is clickable and opens the sources behind it. Copies were stored when each source was read, so a citation still resolves after the page it came from is gone.