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Blockcap
Digital asset mining platform
- 1-20 employees
- Fintech
- Blockchain
- Congress Avenue Historic District, Austin, TX
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Company mission
Blockcap's mission is to drive a fairer, more open, and sustainable financial industry with innovative blockchain technology by pioneering sustainable digital mining as well as venture investments.
Our take
Founded by blockchain industry veterans, Blockcap is an eco-focused bitcoin mining company that has grown to become one of the largest mining operations in the United States. The company also manages digital treasury assets and venture investments divisions.
Blockcap is going through a period of aggressive growth and plans to have a fleet of around 50,000 bitcoin mining machines by the end of 2022, which will account for an estimated 0.21% of the entire Ethereum Network.
The company is currently mining more bitcoin than many of its competitors, which include Riot Blockchain and Hive Blockchain, with more than 2,700 bitcoin mined in total. In 2021, the blockchain infrastructure company Core Scientific, which plans to go public on the NASDAQ at a valuation of $4.3 billion, revealed plans to acquire Blockcap.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Work from home opportunities
- Health insurance
- Company equity
- Vision and dental insurance
- Equal opportunity employer
Funding (1 round)
Mar 2021
$38m
EARLY VC
Total funding: $38m
Leadership
Darin Feinstein
(CEO & Executive Chairman)Darin worked as a Lawyer and Accountant for 19 years before owning Black Star Investments since 2009. They founded Core Scientific in 2017, and Blockcap in March 2020.