BlockQuarry Announces Development of Proprietary U.S.-Made Bitcoin Miners
Rhea-AI Summary
BlockQuarry Corp. (OTCMKTS: BLQC) has announced the development of its proprietary U.S.-manufactured ASIC Bitcoin mining platform, codenamed "BLQCBuster". The initiative aims to establish domestic manufacturing capabilities for crypto-mining hardware, marking a strategic move towards technological independence and supply chain resilience.
The BLQCBuster program encompasses U.S.-based design, PCB fabrication, final assembly, and technical support operations, while selectively sourcing international components. Initially, the platform will be deployed internally, with potential expansion into commercial sales in future phases. CEO Gregg Boehmer emphasizes that this initiative will provide greater control over their mining ecosystem and enable scalability as the digital asset sector grows.
Positive
- Development of proprietary U.S.-made Bitcoin mining hardware reduces dependency on foreign manufacturers
- Potential new revenue stream through future commercial sales of mining equipment
- Enhanced control over mining ecosystem and supply chain
- Strategic positioning in domestic crypto-mining hardware manufacturing
Negative
- Significant R&D and manufacturing costs expected for hardware development
- Uncertain timeline for commercial deployment and market acceptance
- Competition from established ASIC manufacturer incumbents
News Market Reaction – BLQC
On the day this news was published, BLQC gained 15.13%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Codename “BLQCBuster” Initiative Marks Strategic Move Toward Domestic Manufacturing and Long-Term Growth
HOUSTON, May 13, 2025 (GLOBE NEWSWIRE) -- BlockQuarry Corp. (OTCMKTS: BLQC), a leader in blockchain infrastructure and sustainable digital mining, today announced the initiation of development for its own proprietary U.S.-manufactured ASIC Bitcoin mining platform under the internal codename “BLQCBuster.”
This strategic initiative is expected to position BlockQuarry as a key player in the reshoring of crypto-mining hardware manufacturing, while laying the groundwork for new long-term revenue streams and technological independence.
Key Elements of the BLQCBuster Program Include:
- U.S.-based design, PCB fabrication, final assembly, and technical support operations.
- Select international sourcing of components to ensure optimal performance and supply chain efficiency.
- Initial production targeting internal deployment, with potential expansion into commercial sales in future phases.
“Our vision with BLQCBuster is to create a sustainable, secure, and high-performance mining platform tailored to the evolving needs of the U.S. market,” said Gregg Boehmer, CEO of BlockQuarry. “We believe this initiative will give us greater control over our mining ecosystem and the flexibility to scale with demand as the digital asset sector matures.”
BlockQuarry anticipates that the BLQCBuster platform will strengthen its competitive position by offering a domestically-supported alternative to foreign-manufactured mining hardware, a move that aligns with increasing national focus on supply chain resilience and tech sovereignty.
“We see BLQCBuster as a foundational step in the future of our company,” Boehmer added. “As we explore new revenue opportunities, including potential third-party sales, this program could play a critical role in BlockQuarry’s long-term growth strategy.”
Further updates on BLQCBuster’s technical specs, testing phases, and commercial deployment opportunities are expected over the coming quarters.
About BlockQuarry Corp.:
BlockQuarry Corp. (OTCMKTS: BLQC) is a U.S.-based energy and infrastructure company focused on cryptocurrency hosting and self-mining operations. Through strategic partnerships, sustainable power solutions, and vertically integrated infrastructure, BlockQuarry delivers innovative mining services aligned with emerging technologies and market trends.
Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, expectations regarding the development, production, and potential commercialization of the BLQCBuster mining platform, as well as the company’s future growth, strategy, and market position. These forward-looking statements are subject to risks and uncertainties, including market conditions, regulatory changes, supply chain constraints, and other factors that could cause actual results to differ materially. BlockQuarry Corp. undertakes no obligation to publicly update or revise any forward-looking statements, except as required by law.
Media & Investor Contact:
Gregg Boehmer
Chief Executive Officer
BlockQuarry Corp.
gboehmer@blockquarrycorp.com
FAQ
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