“On Tuesday, a new Bitcoin startup called CoinTerra announced formerly http://www.cointerra.com/ that it raised $1.5 million in venture capital. This likely puts the company in a position to dominate the Bitcoin hardware market—assuming it can come through on its promises. Earlier this month, CoinTerra revealed formerly http://order.cointerra.com/ the TerraMiner IV, a two terahash per second ASIC Bitcoin miner that will sell for $13,999 formerly http://cointerra.com/shop/ and is set to ship in December 2013. (An ASIC is a specialized computer designed to one specific task, in this case the goal is mining bitcoins.) By contrast, the one that Ars tested earlier this year was a five gigahash per second device made by Butterfly Labs.”
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