{"id":41858,"date":"2021-05-04T14:16:50","date_gmt":"2021-05-04T11:16:50","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=41858"},"modified":"2025-08-30T20:40:03","modified_gmt":"2025-08-30T17:40:03","slug":"blockcap-plans-to-deploy-50000-miners-by-the-end-of-2022","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/blockcap-plans-to-deploy-50000-miners-by-the-end-of-2022\/","title":{"rendered":"Blockcap plans to deploy 50,000 miners by the end of 2022"},"content":{"rendered":"

The American mining company Blockcap announced<\/a> that it has purchased 8,000 Bitcoin mining devices and plans to deploy 50,000 miners by the end of 2022.<\/p>\n

<\/p>\n

The company\u2019s fleet currently comprises 12,176 devices. It generates more than 6.6 BTC per day (~$372,000 at the rate at the time of writing).<\/p>\n

In the autumn of 2021, Blockcap expected deliveries of Ethereum mining equipment. Once commissioned, its total hashrate would stand at 1,229 TH\/s.<\/p>\n

Earlier Blockcap attracted $75 million<\/a> from Foundry Digital and Off The Chain Capital to expand its Bitcoin mining fleet.<\/p>\n

In March 2021 the company became a client<\/a> of the Foundry Digital mining pool, a subsidiary of Barry Silbert’s Digital Currency Group. Later Blockcap announced plans to open a headquarters<\/a> in the state of Texas.<\/p>\n

In April, Bitcoin miners’ revenue from fees rose by 47% month-on-month \u2014 from $167.2 million to $247 million. Despite this, total inflows declined by 3%.<\/p>\n

\"Blockcap<\/figure>\n

Bitcoin’s hashrate in April rose 8.9%. After the drop<\/a> in the indicator due to outages in Sichuan, China, the block interval matched the peak levels seen in November 2020.<\/p>\n

\"Blockcap<\/figure>\n
\"Blockcap
Data: BitInfoCharts.<\/figcaption><\/figure>\n

As reported on April 27, Bitmain’s AntPool led<\/a> in hash rate over a 24-hour window.<\/p>\n

Follow ForkLog on VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

Blockcap announced the purchase of 8,000 Bitcoin mining devices and plans to deploy 50,000 miners by the end of 2022.<\/p>\n","protected":false},"author":1,"featured_media":41859,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[2160,1137],"class_list":["post-41858","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blockcap","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"12","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/41858","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=41858"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/41858\/revisions"}],"predecessor-version":[{"id":41860,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/41858\/revisions\/41860"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/41859"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=41858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=41858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=41858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}