BLOOMFIELD, Conn., Aug. 7, 2014 (GLOBE NEWSWIRE) -- via PRWEB - In a bold move, CEO Josh Garza of GAW Labs purchased BTC.com for 1M USD in preparation for "Project Prime", the code name of the company's next-generation Bitcoin platform, specifically designed to take the cryptocurrency mainstream.
"A three-letter web address fits with our philosophy that Bitcoin should be simple and easy-to-use" says Garza. "That's what Project Prime is about. It will revolutionize the way merchants and people think about and interact with cryptocurrency."
Garza's startup history is a treasure trove of successful tech ventures. In 2005, Garza founded Great Auk Wireless, a broadband internet provider to serve rural American communities with affordable high-speed internet, wirelessly. Two years later, he launched GAW Labs, a telecom tech conglomerate aimed at providing businesses the ability to operate their large landline phone systems over the internet. And in March of this year, Garza founded GAW Miners, a cryptocurrency hardware provider that exploded onto the market, achieving over $10 million in sales during its first 30 days of operation and within months became one of the leading cryptocurrency providers in North America, supplying the cutting edge computer hardware used by people to mine cryptocurrencies like Bitcoin.
"We are on the cusp of a fundamental economic shift that will go down in history as a period not unlike the industrial revolution", says Garza. "Make no mistake, Bitcoin is going mainstream. Project Prime is the next step in that process."
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GAWMiners Christian Gogol +1 (240)-393-9732