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Blockcap reveals 544 Bitcoin mining in Q1 2021

 


The mining companies have become the biggest dominant players in the bitcoin mining arena.


Blockcap, a Texas-based cryptocurrency mining company, revealed in its earnings report that it extracted 544 Bitcoins in the first quarter.


That equates to roughly $ 30 million.


Blockcap, as we indicated at the beginning of the article, is a blockchain technology and bitcoin mining company based in the United States of America.


Blockcap has indicated that it plans to acquire an additional 32,000 mining machines to come online over the next year.


Blockcap has registered rapid growth as well as increasing its capacity and capacity to provide processing power beyond that of its North American competitors.

Blockcap expands its mining capacity:

Since its inception, Blockcap has mined more than 1,600 Bitcoins. The company mined six Bitcoins per day.

It has approximately 2,176 fully deployed working machines and about 43,000 mining machines that will be fully deployed and operational by next year.

The company is committed to ensuring that the United States is at the forefront of bitcoin and blockchain mining technology.

Mr. Darin Feinstein, CEO and founder of the company stated:

“Blockcap has a strong growth strategy designed to create more jobs in the blockchain industry not only in the United States but also in our home state of Texas and our city of Austin.

We are proud to compete in this industry with a number of other high-quality companies, and we believe that there is ample room for us all to expand together, thus providing broader and sustainable economic growth at the local, state and national levels.“


Blockcap is focused on expanding its core advisory team, with Jarvis Hollingsworth joining its advisory board.


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