CoinTerra To Use CoolIT Water Coolers on GoldStrike1 ASIC for Bitcoin Mining

CoolIT Systems Selected by CoinTerra to Partner for Liquid Cooling Solutions

New custom cooling solution tames the latest super high performance GoldStrike1 ASIC

 Cointerra

CALGARY, Alberta, Canada – September 26, 2013 CoolIT Systems, Inc., has entered into a long term partnership agreement with CoinTerra, the performance and value leader in Bitcoin ASIC Mining solutions. CoinTerra chose CoolIT’s custom liquid cooling solution to cool the latest super high performance GoldStrike1 ASIC chips.

“Working with an industry pioneer like CoinTerra is an important step towards liquid cooling becoming an industry standard,” said Geoff Lyon, CEO of CoolIT Systems. “We started CoolIT Systems to deliver on the promise of maximizing the performance of well designed silicon through better cooling technology. CoinTerra’s ASIC chip, The GoldStrike1 combined with CoolIT’s DCLC can do just that.”

CoolIT’s liquid cooling solution unleashes CoinTerra’s ASIC chip, The GoldStrike1, a fast and efficient ASIC chip designed especially for Bitcoin mining. Hashing at a minimum of 504 GH/s, the GoldStrike1 chip is designed for both speed and efficiency.

“CoolIT was a clear choice for us. Bitcoin mining systems carry a unique thermal profile, which require the most advanced, custom cooling solutions. We chose CoolIT because they have the best technology and track record in this space,” said Ravi Iyengar, CEO of CoinTerra.

CoinTerra’s GoldStrike1 ASIC Highlights:

http://cointerra.com/cointerra-demonstrates-working-fpga-releases-additional-chip-details/

About CoinTerra

CoinTerra designs and produces best-in-class Bitcoin mining ASIC processors and systems. The company’s state-of-the-art design methodologies and advanced architectures enable the delivery of Bitcoin mining solutions with the highest performance ASICs for the lowest power and die area. 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 and chipsets for NVIDIA, Intel, Samsung, Qualcomm and Nortel.

About CoolIT Systems

CoolIT Systems is a supplier of industry leading Direct Contact Liquid Cooling (DCLC™) solutions for the HPC, Cloud and Enterprise markets. As a market leading engineering company, CoolIT has been dedicated to the invention and design of state-of-the-art liquid cooling technology since 2001. With 43 patents and over 1 million direct contact liquid cooling (DCLC) units deployed in desktop computers, servers and data centres around the world, our vision is to become the global leader in direct-contact liquid cooled I/T solutions.  www.coolitsystems.com

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