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SYS-CON MEDIA Authors: Bart Copeland, Andreas Grabner, Liz McMillan, Dana Gardner, Elizabeth White

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CoinTerra™ Announces the GSX I™ PCIe Bitcoin Mining Card

AUSTIN, Texas, Feb. 17, 2014 /PRNewswire/ -- CoinTerra, the market leader in ASIC Bitcoin mining solutions today revealed the GSX I, an affordable PCI Express mining card that sets new standards in both performance and price for enthusiasts, hobbyists and system builders.

The GSX I(TM) PCIe Bitcoin Mining Card from CoinTerra(TM)

Building on the phenomenal success of the TerraMiner™, the highest performance Bitcoin miner ever released, CoinTerra has now announced their second product with the introduction of the GSX I PCIe Card Bitcoin miner.

"Having delivered the TerraMiner, the most powerful Bitcoin miner ever released, we decided to turn our attention to designing an affordable solution for the folks who kick-started the mining revolution – enthusiasts and hobbyists looking for an affordable path to ASIC-based Bitcoin mining. At just $1,599 and delivering over 400 gigahash per second, the GSX I combines a low cost of entry with exceptional performance," said Ravi Iyengar, CEO - CoinTerra, Inc.

At the heart of the GSX I is CoinTerra's proven GoldStrike™ I ASIC processor mated to CoolIT's DCLC™ direct contact liquid cooling unit with a 120mm exhaust fan. The GSX I package is designed to fit a wide assortment of PC mid-tower and full-tower cases, enabling the seamless integration of a dedicated high-performance Bitcoin mining processor into a standard PC form factor.

The GSX I is controlled by the same software as the TerraMiner, running on the host PC and connected via the card's USB ports. This architecture allows for maximum flexibility, including the exciting possibility of building expandable mining solutions with non-PC controllers.

"An additional benefit of this design is that an entirely standalone system comprised of multiple GSX I cards could be driven by an off-the-shelf controller, such as the BeagleBone Black found inside the TerraMiner. We would be thrilled to see the community explore this kind of solution," said Jim O'Connor, VP Engineering – CoinTerra, Inc.

With its high performance, an attractive price of $1,599, and a flexible, expandable design built on tried-and-tested industry leading technology, CoinTerra is once again poised to revolutionize the hardware Bitcoin mining space with the GSX I.

To order the GSX I with delivery scheduled for June 2014, visit: https://cointerra.com/shop

Visit CoinTerra on the web: https://cointerra.com
Like CoinTerra on Facebook: https://facebook.com/cointerra
Follow CoinTerra on Twitter: https://twitter.com/cointerra

Press inquiries please contact:
Daniel Larsson, Press Officer
+1 (512) 270-6050
[email protected]

General inquiries please contact:
+1 (512) 270-6050
[email protected]

About CoinTerra
Founded in Austin, Texas in mid-2013, CoinTerra is currently one of the fastest-growing technology startups in the world. CoinTerra designs and produces best-in-class ASIC processors and systems for high-performance financial technology applications, with an initial focus on cryptocurrency and the Bitcoin ecosystem. Our state-of-the-art design methodologies and advanced architectures enable the delivery of Bitcoin mining solutions with the highest performance ASICs available on the market today. CoinTerra boasts a highly experienced engineering team of semiconductor architects and designers who have previously designed some of the world's highest performance CPUs, GPUs, SOCs and chipsets for Apple®, Intel®, Nvidia®, Qualcomm® and Samsung®.

© 2014 CoinTerra, Inc. All rights reserved. CoinTerra, the CoinTerra logo, TerraMiner, GoldStrike and GSX I are trademarks of CoinTerra, Inc. in the U.S. and other countries. Other trademarks belong to their respective owners. Features, pricing, availability and specifications are subject to change without notice.

CoinTerra is currently one of the fastest-growing technology startups in the world. CoinTerra designs and produces best-in-class ASIC processors and systems for high-performance financial technology applications, with an initial focus on cryptocurrency and the Bitcoin ecosystem. Our state-of-the-art design methodologies and advanced architectures enable the delivery of Bitcoin mining solutions with the highest performance ASICs available on the market today. CoinTerra. Inc. http://cointerra.com.

Photo: http://photos.prnewswire.com/prnh/20140217/SF66344
Logo: http://photos.prnewswire.com/prnh/20140128/MM54190-c

SOURCE CoinTerra

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