Blockcap Plans to Have 50k Miners Operational by 2023

By the end of 2022, Blockcap plans to have over 50,000 digital asset mining rigs up and running. The firm’s goal is to have their ETH mining rigs account for 0.21% of the entire Ethereum network. If Blockcap reaches their goal of having over 50,000 Bitcoin miners fully operational, then they’re projected to control about 2% of Bitcoin’s current combined hashrate.

Founder Darin Fenistein says, “Blockcap’s growth strategy is focused on bringing various peer-to-peer digital assets directly to the people who will utilize them to improve their lives…We strive to contribute to the critical infrastructure necessary for mass adoption of these digital asset technologies so people can participate more fully in the global financial system.”