Bitcoin Miners Worth More than $150 Million Have Just Been Bought Up by Two Firms

Blockcap is one of two companies that have purchased a total of 36,000 Bitmain Bitcoin miners in March 2021, worth more than $150 million total. 

Blockcap, which was founded in 2020 by Core Scientific founder Darin Feinstein, purchased 12,000 Antminer S19 machines. With this purchase, Blockcap is projected to have more than 40,000 miners deployed by Q4 2021.