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developer

Block Mining Inc.

Block Mining Inc. was a Kentucky-based vertically integrated Bitcoin miner, headquartered in Paducah, Kentucky. The company operated two Kentucky sites totaling 60 MW of operational capacity with potential to expand up to 155 MW. Acquired by Riot Platforms in August 2024 for approximately $92.5 million.

Paducah, Kentucky, USA

Owned / funded by

Capital and control flowing in

  • Riot Platforms· acquired$92.5M

    Riot Platforms acquired Block Mining Inc. in August 2024 for approximately $92.5 million, gaining two operational Kentucky sites totaling 60 MW with expansion potential to 155 MW.

Owns / has invested in

Capital and control flowing out

  • Riot Platforms· subsidiary of$92.5M

    Acquired by Riot Platforms in 2024 for $92.5 million; now operates as part of Riot Platforms' Kentucky Bitcoin mining operations.

Data centers

1 project in the dataset

Data is editorial seed at this stage; relationships reflect public reporting and filings. Suggestions and corrections via GitHub.