Founded in Austin, Texas in mid-2013, CoinTerra is currently one of the fastest-growing technology startups in the world and a shining example of the leading-edge innovation and rapid development which are the cornerstone of Austin’s “Silicon Hills” technology community.
CoinTerra designs and produces best-in-class ASIC processors and systems for high-performance financial technology applications, with an initial focus on cryptocurrency, blockchain services, and network nodes in the Bitcoin ecosystem.
Our state-of-the-art design methodologies and advanced architectures enable us to deliver cryptographic processing solutions with the highest performance ASICs for the lowest power and die area. We are world leaders in the fast-growing cryptocurrency mining sector with our GoldStrike™ I ASIC, which is at the heart of the TerraMiner™ IV professional Bitcoin mining device.
The key to CoinTerra’s success is its experienced management team which has assembled a world class in-house engineering department made up of top-tier semiconductor architects and designers who have previously designed some of the highest performance CPUs, GPUs, SOCs and chipsets for Apple®, Intel®, Nvidia®, Qualcomm® and Samsung®.
Ravi Iyengar – Founder & Chief Executive Officer
Prior to founding CoinTerra, Inc. Ravi had over fifteen years of leadership experience at a number of prominent semiconductor companies including Samsung, Qualcomm, Nvidia, and Intel. A highly versatile silicon engineer, his work in architecture design and verification covers a broad range of disciplines, including CPU, GPU, SOC, Desktop and Server chipsets, and ASIC core design. As the CPU Lead Architect for Samsung Corporation he led the Architecture, Micro-Architecture & RTL Design of the CPU Mid-Core, authored the micro-architecture specification and was responsible for multiple submitted patents. Ravi has extensive experience in graphics processor design and implementation and as Senior Hardware Engineer at Nvidia he owned the AGU & Loadstore subsystem on the Streaming Microprocessor Module of the Fermi GPGPU and he was responsible for the Register Backbone Manager logic design on the RAGE5 GPU series at ATI Technologies (now AMD). At Intel Corporation Ravi had numerous roles and responsibilities in the Southbridge and Northbridge Chipset teams for both the Desktop and Server platforms, including extensive work on the PCI-E, PCI-X, Hublink and AGP subsystems. At Qualcomm Ravi was the Design Lead for the Vector Processing Engine of the Modem Core and at Stexar he was responsible for the AGU, Loadstore and L1 Cache subsystem of an x86 CPU core for a digital television System-on-a-Chip. Ravi holds a Master’s Degree in Computer Engineering from Wright State University and a Bachelor’s Degree in Electrical Engineering from the National Institute of Technology, India. |
Dr. Timo Hanke – Chief Technology Officer
Timo has over fifteen years at the forefront of research into the crossroads of computer algebra and number theory. His research accomplishments include development of specialized algorithms for state-of-the-art computer algebra systems in fields of research previously inaccessible by machine computation. By doing so, he solved decades-old open problems in abstract algebra. His achievements significantly advanced our current knowledge about mathematical structures called finite-dimensional division algebras. Timo has held post-doctorate positions at renowned international universities including the Technion in Israel, UC San Diego and UNAM Mexico City. Prior to joining CoinTerra, Timo was a lecturer at RWTH Aachen University, Germany for six years. He has been invited to speak around the world at prestigious mathematics conferences and has had numerous articles published in highly-regarded scientific journals including the Journal of Algebra, the Journal of Number Theory and Mathematische Annalen. Timo’s background of expertise in cryptography led him to become an early enthusiast of Bitcoin, and he has over three years of in-depth experience with the Bitcoin protocol and its associated ecosystem. His research lead to a new payment protocol layered on top of Bitcoin’s cryptographic foundations which delivers unprecedented built-in fraud protection. He has pioneered development of a functional proof-of-concept modification of the core Bitcoin software that enables the blockchain to become an autonomous decentralized distributed Certificate Authority. Timo received his PhD from University of Potsdam and his Diploma (Master’s Degree) from the Free University, Berlin. |
Jaime Edwards – VP of Operations
Jaime has more than twenty-five years of engineering-focused operations experience, most recently as VP of Engineering & Operations for NextIO, where he was a key member of the executive team that pioneered I/O virtualization in the datacenter and grew the company tenfold in two years. |
Tamas Blummer – VP of Enterprise Software
Prior to joining CoinTerra, as the Founder and CEO of Bits of Proof Zrt., Tamas was responsible for building a number of pioneering Bitcoin enterprise applications including the BOP Bitcoin Server – a modern and modular implementation of the Bitcoin protocol, BopShop – a merchant payment processor for both online and “brick and mortar” shops, BullionBitcoin – the first real-time auditable exchange for institutional investors, and the back-end for myTREZOR – the first hardware Bitcoin wallet. Prior to his Bitcoin-related endeavors, Tamas held a number of senior Financial Technology related positions. As Executive Director at Morgan Stanley in Budapest, Hungary, he was responsible for building and leading a team of software engineers who redesigned and implemented its ledger substantiation for trading books. As Vice President of Product Development at MSCI Managed Services, Tamas was responsible for the global operation of client portfolio risk reporting and led the development team in Budapest to match growing demand with automation. As Head of the Asset Risk Modeling Service he was responsible for offering consulting for structured products risk, and risk proxies of alternate investments. In his position of Vice President at Deutsche Bank in Frankfurt, Germany, Tamas was responsible for architecting and operating the portfolio funding application DB’s trading books. As a member of the Fixed Income trading team he implemented automation of market making, and as a key member of the OTC Derivatives Research team he implemented pricing algorithms for interest rate and credit derivatives. Tamas qualified as an Engineer at NME KFFK Dunaujvaros, Hungary, with a focus on Computer Science and Business Administration and qualified as a Financial Risk Manager at the Global Association of Risk Professionals. |
Jez San, OBE – Advisor
Jez is a serial entrepreneur from London England with over thirty years’ experience in the tech sector and has founded highly-successful businesses in the computer games, online poker, and microprocessor industries, two of which were IPO’d on the London Stock Exchange. He is an angel investor in a number of groundbreaking and pioneering Bitcoin ecosystem startups, including Coindesk, Kraken and CoinTerra. Jez began his career in 1984, working on the application of complex three-dimensional mathematical formula to the emerging field of real-time advanced computer graphics. His pioneering work in this field led to the founding of Argonaut Games plc. who developed video games working with the major players in the industry including Electronic Arts, Microsoft and Nintendo. Jez’s work with Nintendo led to him conceiving and developing the SuperFX graphics processor, which allowed 2D video game consoles to seamlessly generate 3D polygonal graphics for the first time, paving the way for all future 3D video games consoles and PC graphics accelerator cards. As a result of the success of the SuperFX chip, He founded ARC International plc. to create RISC processors which were embedded in millions of consumer and industrial devices worldwide. Jez is the Founder and President of PKR, a Europe-facing online poker site and he was an angel investor in Deep Mind, recently acquired by Google. |
Dr. Sunny Kalara – General Counsel
Sunny is a veteran attorney with extensive experience in technology law. He is the founder of Kalara Law, a law firm specializing in business, intellectual property and asset protection. He brings his depth and breadth of experience with emerging companies, corporate law, venture funding, licensing, M&A and intellectual property protection. Previously he was with O’Melveny and Myers in Los Angeles and Vinson and Elkins in Houston. He also served as general counsel to Dreamtime Holdings and co-founded ZenSat, a satellite company. Sunny holds a JD from Houston Law Center and a PhD in Physics from University of Rochester, NY. |