Hash Rate Services
Business Description
Terra Hosting, a U.S. ASIC and GPU mining colocation provider founded in 2022 and registered in Fort Lauderdale, Florida, operates facilities in Vermillion County, Indiana and Melbourne, Florida, providing cryptocurrency mining infrastructure to clients worldwide.
The company's primary facility anchors Vermillion Rise Mega Park, a 7,000-acre industrial park in West Central Indiana built on a former U.S. military installation. Terra Hosting invested $4, $5 million to stand up the Indiana site, which as of March 2026 runs more than 1,600 ASIC miners, including 1,200-plus units relocated from prior leased spaces in Kansas and Wyoming. The campus is served by 12kV and 69kV three-phase electrical service from Duke Energy, features on-site natural gas utility, wastewater treatment, and a seven-million-gallon reservoir, and sits atop a Wabash River aquifer with a permitted groundwater withdrawal capacity of 43.57 million gallons per day. Terra Hosting is deploying that infrastructure for high-density cooling as it builds out AI, HPC, and enterprise data services alongside its crypto mining colocation business.
A second facility in Melbourne, Florida, runs on the Lumen Technologies fiber backbone: roughly 400,000 route miles of network delivering sub-5ms latency for 97% of U.S. business demand and 450-plus Tbps of global IP capacity. Terra Hosting built that site to handle proof-of-useful-work (PoUW) and AI/ML data processing workloads.
Terra Hosting publishes tiered ASIC colocation rates: $0.0850/kWh for 1, 25 units, $0.0825/kWh for 26, 50 units, $0.0800/kWh for 51 or more, and $0.0750/kWh for 1 MW-plus contracts. GPU hosting rates run $0.11/kWh. A one-time $100 setup fee applies; monthly billing reflects actual metered consumption with maintenance, security, and RMA bundled at no additional cost. The company reports reducing per-client power costs by approximately 50% since its 2022 founding. Its contractual SLA guarantees 97% uptime (a figure Terra Hosting claims is the highest among U.S. mining hosting facilities), against an operational average it reports at 99%.
Leadership includes CEO Francisco Gomez, COO/CFO Michael Moffa (a Florida-licensed attorney who previously founded cryptocurrency hardware company GPU Risers in 2019), CMO Michael Zuccarelli, and co-founder Jarrett Julison, who has operated as a GPU miner since 2021. The company has launched a proprietary client portal with AI-assisted farm management, bill tracking, and a ticketing system, as well as a native iOS app for hashrate and account monitoring. As of April 2026, Terra Hosting holds 37 verified Trustpilot reviews at a 4.7 average rating.
With 8 MW of total stated capacity and the Vermillion Rise campus already operational at 1,600-plus machines, Terra Hosting's next announced phase targets AI infrastructure and HPC tenants at the Indiana site.