Crypto

BlockQuarry Corp. Announces Operational Launch in Missouri with 2 MW of Computing Power

Published November 30, 2023

In an event that marks a significant milestone for BlockQuarry Corp. BLQC, the company has recently announced the commencement of its operations at a new site in Missouri. With an impressive initiation of 2 megawatts (MW) of computing power dedicated to its self-mining efforts, BlockQuarry projects a substantial boost to its revenue streams. The company forecasts that the annual revenue from self-mining operations at this facility alone could reach approximately $1.5 million.

State-of-the-Art Facility Goes Live

The Missouri site's launch under the direction of BlockQuarry's Chief Operating Officer (COO) signifies a leap forward in terms of operational capability and financial prospects for the company. Located in the energy-rich region of Houston, Texas, BlockQuarry focuses on providing solutions that encompass both energy and infrastructure within the dynamic digital currency mining industry. This recent development is a testament to the company's strategic planning and execution in expanding its operations.

Financial Implications and Future Outlook

The operational commencement in Missouri is expected to bolster BLQC's market presence and offers promising financial implications. With $1.5 million anticipated in annual self-mining revenue, this site's productivity signals BlockQuarry's growing footprint in the cryptocurrency mining sector. The company has outlined its approach to harness computing power effectively and aims to generate significant revenue, enhance shareholder value, and solidify its position in the market.

energy, infrastructure, revenue