Posted on 16935 One of the largest bitcoin mining and blockchain technology companies in North America, Blockcap, Inc. (“Blockcap”), announced today its purchase of an additional 8,400 AvalonMiner 1246s. Acquired from top manufacturer Canaan, the large-scale purchase of these state-of-the-art machines brings the number of Blockcap-operated miners to be deployed by Q4 of this year to over 30,000. The latest move by Blockcap is a testament to the company’s continued aggressive expansion in the United States and follows its recent acquisition of 10,000 Bitmain S19 miners earlier this year. With the addition of the Canaan machines, Blockcap will deploy new miners in 2021 valued in today’s secondary market at over $150 million. The new additions will nearly triple Blockcap’s total hashing power from six months ago.