This startup operates Bitcoin mining infrastructure, providing hardware sales, colocation services, and a mining pool to optimize mining efficiency. It enables clients to procure mining rigs directly from manufacturers and trusted peer-to-peer channels while offering professional mining and staking pool operations, along with in-depth market research.
Funding
$7.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
WDFounders
Product
Problem
Individual Bitcoin miners often face challenges in procuring hardware, securing reliable colocation services, and optimizing their mining operations for consistent profitability. The complexities of hardware sourcing, infrastructure management, and pool selection can create barriers to entry and hinder the efficiency of existing mining setups.
Solution
Blockware Solutions offers a suite of services designed to streamline Bitcoin mining operations, providing solutions for hardware procurement, colocation, and mining pool participation. The company's marketplace facilitates the buying and selling of hosted mining rigs, offering transparency and ease of access. Blockware also provides hosting and colocation services, managing infrastructure in multiple US-based facilities. Furthermore, its Bitcoin mining pool enables miners to collaborate, increasing their chances of earning consistent rewards through a low-fee, FPPS (Full Pay Per Share) model with dynamic payout options.
Target Audience
The primary target audience includes individual Bitcoin miners, institutional investors, and businesses seeking to enter or optimize their participation in Bitcoin mining.
Features
- Online marketplace for buying and selling hosted Bitcoin mining rigs
- Hosting and colocation services with over 300 MW of capacity across multiple US-based facilities
- Bitcoin mining pool with a 2% FPPS fee, dynamic payout thresholds, and hourly or daily payout schedules
- Access to new mining rigs directly from manufacturers and used rigs via peer-to-peer channels
- Proprietary research and intelligence services to inform mining strategies
- Mining as a Service (MaaS) offering for instant Bitcoin mining with setup, maintenance, and operations handled by Blockware
- Profitability calculator to determine the ROI of different mining setups