Block Mining, Inc. is a vertically integrated Bitcoin miner based in Kentucky. It consists of two operational sites with a total of 60 MW of operational capacity, with plans for further expansion. It is a capital-efficient developer and operator of Bitcoin mining facilities, with a strong management team and a focus on energy-efficient mining practices.

https://blockmining.com/

Kentucky

Block Mining

Riot Games. Developer of League of Legends, VALORANT, Teamfight Tactics, Legends of Runeterra, and Wild Rift. Creators of Arcane. Home of LOL and VALORANT Esports.

https://www.riotgames.com/

Riot Platforms

Riot Platforms, Inc., a leading vertically integrated Bitcoin mining company, has acquired Block Mining, Inc., a Kentucky-based Bitcoin miner, for a total consideration of $92.5 million. With this acquisition, Riot aims to increase its hash rate, expand its geographical footprint, harness additional energy markets, and achieve its growth target of 100 EH/s in Bitcoin mining operations.

Riot Platforms, Inc. acquires Block Mining, Inc. to expand Bitcoin mining operations and power capacity

Riot Platforms, Inc. acquires Block Mining, Inc. to expand Bitcoin mining operations and power capacity

Company Info

Related People