, one of the largest blockchain technology companies in the United States, announced today it has acquired an additional 8,000 latest-generation miners that will bring its total number of deployed and fully operational bitcoin mining machines to more than 50,000 by the end of next year.
As part of its strategy of becoming a key global player in digital asset technology, moreover, Blockcap also is announcing purchases of machinery for altcoins.
“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,” Feinstein said.
Since its founding last year, the company has mined more than 1,700 bitcoin.
The Blockcap mining division operates one of the world’s largest bitcoin mining operations, accounting for 0.7 percent of all the Bitcoin network transactions.
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