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Signing up for a Bitcoin mining contract with CoinTerra Mining is quick and easy. In fact, it takes only three simple steps to get started:

 

1. Choose a Package

We have plans ranging from as little as 200 Gigahash per second and up to 1 Petahash per second. You can purchase multiple Bitcoin mining contracts by adjusting the quantity in the checkout cart.

 

2. Choose the Contract Length

Our mining contracts are either 12 or 24 months long. Our 12 month contracts are the most competitive in the market, and if you choose a 24 month contract you will get an even lower cost per gigahash!

 

3. Checkout

When you checkout you will be required to read and accept the terms and conditions of the Sales Agreement. You will be required to enter your public Bitcoin Wallet address (sometimes called a Receiving Address). If you do not have one you can set one up for free at Coinbase.

 

Once we have confirmed receipt of your contract payment your account will be activated and mining will commence at the beginning of the next mining contract commencement period, which is typically the following Monday at midnight UTC.

 

We automatically send weekly payouts to the public wallet address you provided during sign-up. If you want to sell or use the Bitcoins you receive, you can easily do that with a Coinbase wallet.

 

What is Bitcoin Mining

Mining is the process of adding transaction records to the Bitcoin blockchain. The blockchain is a public general ledger of all bitcoin transactions. Anybody in the world with an internet connection has access to this ledger and can view all the debits and credits related to a Bitcoin address.

 

Here is a short video explaining the basics of Bitcoin Mining:

 

If you have any further questions regarding CoinTerra Mining you can read our most frequently asked questions here and you can send an inquiry to our customer support team by clicking here.