Block Mining: Cutting-Edge Bitcoin Mining Infrastructure and Premier Colocation Services

In the bustling heart of Chicago, IL, Block Mining emerges as a trailblazer in the Bitcoin mining sector, offering a blend of state-of-the-art infrastructure and unparalleled colocation services. Catering to clients with a keen interest in the latest mining technology, Block Mining provides competitive hardware and hosting packages designed to get miners up and hashing with impressive efficiency.

Profiles of Visionary Leaders: CEO Mason Jappa & CTO Jonathan McClintock

At the helm of Block Mining is Mason Jappa, the dynamic CEO and Founder of Blockware Solutions, as well as a Managing Partner of M31 Capital. Mason is a visionary who has significantly contributed to the establishment of Bitcoin mining in North America. His innovative approach and relentless pursuit of excellence have positioned Block Mining as a leading force in the industry.

Jonathan McClintock, the Chief Technology Officer of Block Mining, complements Mason's leadership with his deep technical expertise. A graduate of the University of Kentucky, Murray State University, and Western Kentucky Community and Technical College, Jonathan has been instrumental in advancing Block Mining’s technological capabilities. His strategic insights and dedication ensure the company's operations run seamlessly and efficiently.

The Two Pillars of Block Mining's Operations

Mining Operations: Powering the Future
Block Mining boasts an impressive fleet of over 8,750 Bitcoin mining ASICs spread across three state-of-the-art data centers in the United States. These include two colocation sites and a flagship owned facility. The crown jewel of their operations, the Paducah, KY facility, was energized in February 2022 and initially supports 40 MW of power. Plans are already in place to scale this capacity to a staggering 100 MW by 2023, demonstrating Block Mining's ambitious growth trajectory.
The site selection for the Paducah facility was a meticulously planned process, involving collaboration with the Greater Paducah Economic Development (GPED) team. Paducah’s strategic location, at the confluence of the Ohio and Tennessee Rivers, provides access to abundant hydropower and nuclear energy resources. This not only ensures a steady supply of renewable energy but also underscores Block Mining's commitment to sustainable and environmentally friendly practices.

Hosting Operations: Unmatched Service and Support
Block Mining’s hosting operations are equally impressive, overseeing a customer fleet of more than 5,300 Bitcoin mining ASICs at their Paducah facility. Their turnkey hosting solution is designed to be user-friendly, allowing customers to procure miners through Block Mining’s channels and start earning rewards within just 24-48 hours. Whether you're a seasoned miner or a newcomer to the decentralized computing network, Block Mining offers comprehensive support throughout the hardware lifecycle.
Block Mining’s commitment to quality is evident in their reliable and redundant internet and power sources, which maximize uptime for clients' equipment. Their 24/7 technical support ensures that any issues are quickly diagnosed and resolved, minimizing downtime. Additionally, their transparent billing procedures, based on actual power consumption, and their professionally designed mining environment, adaptable to seasonal fluctuations, set them apart as industry leaders.

The Paducah, Kentucky Facility: A Beacon of Innovation
The Paducah facility represents a significant milestone in Block Mining’s expansion. Officially opened in August 2022, this 30-MW facility has the capacity to host up to 100 MW of mining power, positioning it as a cornerstone of Block Mining’s future growth. Professionally engineered to maximize equipment uptime, the facility features configurable flexibility to adapt to both seasonal and environmental changes. Clients also benefit from 24/7 professionally managed technical support, ensuring a smooth and efficient mining experience.
The establishment of this state-of-the-art facility was a collaborative effort, involving close cooperation with local officials and community organizations over two years. This highlights Block Mining’s dedication to integrating into the local community while advancing the competitiveness of the U.S. crypto mining industry.

A Transformative $92.5 Million Deal: Expanding Horizons
In a strategic move that underscores its growth potential, Riot Platforms announced the acquisition of Block Mining in a $92.5 million deal. This acquisition will expand Riot’s total potential power capacity to an impressive 2 gigawatts, adding 60 MW of current operational capacity with the potential to quickly expand to 110 MW this year. The deal also aims to diversify Riot Platforms’ operating footprint and bring on a proven management team to build and operate new capacity. Jason Les, CEO of Riot Platforms, expressed immense pride and excitement over the acquisition, signaling a bright and dynamic future for Block Mining under Riot’s expansive umbrella.

Block Mining Inc's Immense Potential
Block Mining stands as a beacon of innovation and excellence in the Bitcoin mining industry. With visionary leadership, cutting-edge operations, and a steadfast commitment to quality, Block Mining is poised for remarkable growth. The recent acquisition by Riot Platforms not only enhances its prospects but also sets the stage for even greater advancements in the sector. As Block Mining continues to pioneer new frontiers in Bitcoin mining, it remains dedicated to providing top-tier services and fostering sustainable growth in the ever-evolving crypto landscape.