Block Mining Inc Specializes in Bitcoin Infrastructure and Colocation Services

A Leader in Supplying and Serving the Bitcoin Network

Mining

Builds, deploys, and operates data center infrastructure across the United States supporting the Bitcoin network
Hardware Services

End-to-end support for the hardware lifecycle - procurement, repair & maintenance, risk management and resale
Hosting

Managed oversight of equipment we’ve procured for customers at our state of the art mining facility

Why Bitcoin?

Block Mining Inc believes that the right to property and privacy are critical foundations for a free and fair society. Bitcoin is an asset that manifests these principles to millions of people around the world.

Our mission is to support the network by bringing hash rate to the United States – furthering its purpose as a global, permissionless, and decentralized system of the future.

Current Mining Production

60% Mining
14,000 Miners Under Mgmt
40 % Hosting

Company Milestones & Achievements

2023

Q4 Reached 1.4EH/s in total computing power online and under management

Q3 Expanded Board of Directors and appointed Erik Ellingson as Chief Financial Officer

Q2 Block Mining’s available power capacity increases from 35MW to 100MW at its Paducah, KY facility

Q1 Block Mining begins operating in MISO demand response programs

Block Mining raises an additional $7.5mm in capital from investors

2022

Q3 Block Mining completes deployment of miners at its Paducah, KY data center, increasing operational hash rate above 750 PH/s

Q1 Block Mining energizes its 30MW flagship mining facility in Paducah, KY

2021

Q4 Block Mining provides Kentucky Legislature with briefing on Bitcoin mining

Q2 Block Mining raises an additional $25mm in capital from investors in an over-subscribed round

Block Mining enters into purchasing agreements to procure 7,800 S19j Pro machines for deployment between July 2021 through July 2022

Q1 Block Mining enters into an agreement with Greater Paducah Economic Development (GPED) for the purchase of land and sign a PPA for the buildout of a 30-100 MW self-operated mining facility in Kentucky

2020

Q4 Block Mining purchases 1,750 mining rigs bringing an additional 300 PH/s to its operational hash rate

Block Mining raises an additional $4mm in capital from investors

Q2 Block Mining enters into $1mm machine financing agreement with Arctos Capital (acquired by NYDIG)

Block Mining purchases 1,250 mining rigs bringing an additional 88 PH/s to its operational hash rate

Q1 Block Mining is the first bitcoin mining company to be granted clearing privileges for trading bitcoin futures and options contracts at the CME Group

Block Mining purchases 1,000 mining rigs bringing operational hash rate to 73 PH/s