Launched in 2019, Blockware Mining set up its main base of operations in Paducah, Kentucky. The company is building a 30-megawatt facility in the area, which it hopes will expand to 100 megawatts in the future.The company currently possesses 300 PH/s of mining power but expects to use the new funding to acquire more hardware and reach 1 EH/s by mid-2022. To put this in perspective, that would equate to about 1% of bitcoin’s current global hash rate.

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