Blockmate Launches Bitcoin Mining Subsidiary With 200MW Capacity and ‘Mine-and-Hold’ Strategy in Wyoming, USA
Blockmate Ventures (MATEF) has launched Blockmate Mining, a new Bitcoin mining subsidiary in Wyoming, USA. The company has secured a site with potential 200MW capacity adjacent to a major power substation, targeting production of approximately 200 Bitcoin per month at full capacity. The project will be implemented in phases, starting with 10MW within 6-12 months, scaling to 50MW subject to capital availability.
The Wyoming site offers competitive electricity rates at USD 3.3 cents per kilowatt-hour. The company plans to pursue a "mine-and-hold" strategy, aiming for 7-15% annual yield through staking or lending. Initial funding targets include $15 million for 10MW and $55 million for 50MW expansion. Future plans include a potential NASDAQ spin-out and exploration of AI/HPC infrastructure opportunities alongside Bitcoin mining.
Blockmate Ventures (MATEF) ha avviato Blockmate Mining, una nuova filiale dedicata al mining di Bitcoin con sede nel Wyoming, USA. L'azienda ha acquisito un sito con una potenziale capacità di 200MW adiacente a una grande sottostazione elettrica, puntando a una produzione di circa 200 Bitcoin al mese a piena capacità. Il progetto sarà realizzato in fasi, iniziando con 10MW entro 6-12 mesi e aumentando fino a 50MW in base alla disponibilità di capitale.
Il sito in Wyoming offre tariffe elettriche competitive a 3,3 centesimi di dollaro per kilowattora. L'azienda intende adottare una strategia di "mine-and-hold", mirando a un rendimento annuo del 7-15% tramite staking o prestito. Gli obiettivi di finanziamento iniziali includono 15 milioni di dollari per 10MW e 55 milioni di dollari per l'espansione a 50MW. I piani futuri prevedono una possibile quotazione NASDAQ e l'esplorazione di opportunità nell'infrastruttura AI/HPC insieme al mining di Bitcoin.
Blockmate Ventures (MATEF) ha lanzado Blockmate Mining, una nueva subsidiaria de minería de Bitcoin en Wyoming, EE. UU. La compañía ha asegurado un sitio con una capacidad potencial de 200MW junto a una subestación eléctrica importante, con el objetivo de producir aproximadamente 200 Bitcoins por mes a plena capacidad. El proyecto se implementará en fases, comenzando con 10MW en 6-12 meses y escalando a 50MW según la disponibilidad de capital.
El sitio en Wyoming ofrece tarifas eléctricas competitivas de 3,3 centavos de dólar por kilovatio-hora. La empresa planea seguir una estrategia de "minar y mantener", buscando un rendimiento anual del 7-15% mediante staking o préstamos. Las metas iniciales de financiamiento incluyen 15 millones de dólares para 10MW y 55 millones para la expansión a 50MW. Los planes futuros contemplan una posible escisión en NASDAQ y la exploración de oportunidades en infraestructura AI/HPC junto con la minería de Bitcoin.
Blockmate Ventures (MATEF)는 미국 와이오밍에 새로운 비트코인 채굴 자회사인 Blockmate Mining을 출범시켰습니다. 회사는 주요 전력 변전소 인근에 200MW 용량의 부지를 확보했으며, 최대 용량 시 월 약 200 비트코인 생산을 목표로 하고 있습니다. 이 프로젝트는 단계적으로 진행되며, 6-12개월 내 10MW부터 시작해 자본 상황에 따라 50MW까지 확장할 계획입니다.
와이오밍 부지는 킬로와트시당 3.3센트의 경쟁력 있는 전기요금을 제공합니다. 회사는 채굴 후 보유 전략("mine-and-hold")을 추구하며, 스테이킹 또는 대출을 통해 연간 7-15% 수익률을 목표로 합니다. 초기 자금 조달 목표는 10MW에 1,500만 달러, 50MW 확장에 5,500만 달러입니다. 향후 NASDAQ 분사 가능성과 비트코인 채굴과 함께 AI/HPC 인프라 기회 탐색도 계획하고 있습니다.
Blockmate Ventures (MATEF) a lancé Blockmate Mining, une nouvelle filiale de minage de Bitcoin dans le Wyoming, aux États-Unis. La société a sécurisé un site avec une capacité potentielle de 200MW adjacent à une importante sous-station électrique, visant une production d'environ 200 Bitcoins par mois à pleine capacité. Le projet sera déployé en phases, débutant par 10MW dans les 6 à 12 mois et évoluant jusqu'à 50MW selon la disponibilité des capitaux.
Le site du Wyoming offre des tarifs d'électricité compétitifs à 3,3 cents USD par kilowattheure. L'entreprise prévoit une stratégie de « mine-and-hold », visant un rendement annuel de 7 à 15 % via le staking ou le prêt. Les objectifs de financement initiaux incluent 15 millions de dollars pour 10MW et 55 millions pour l'expansion à 50MW. Les plans futurs comprennent une éventuelle introduction en bourse NASDAQ et l'exploration d'opportunités dans les infrastructures IA/HPC en parallèle du minage de Bitcoin.
Blockmate Ventures (MATEF) hat Blockmate Mining gegründet, eine neue Bitcoin-Mining-Tochtergesellschaft in Wyoming, USA. Das Unternehmen hat ein Gelände mit einer potenziellen Kapazität von 200MW neben einer großen Umspannstation gesichert und strebt bei voller Kapazität eine Produktion von etwa 200 Bitcoin pro Monat an. Das Projekt wird in Phasen umgesetzt, beginnend mit 10MW innerhalb von 6-12 Monaten und einer Ausweitung auf 50MW, abhängig von der Kapitalverfügbarkeit.
Der Standort in Wyoming bietet wettbewerbsfähige Strompreise von 3,3 US-Cent pro Kilowattstunde. Das Unternehmen plant eine "Mine-and-Hold"-Strategie, mit einer angestrebten jährlichen Rendite von 7-15 % durch Staking oder Verleih. Die anfänglichen Finanzierungsziele umfassen 15 Millionen US-Dollar für 10MW und 55 Millionen für die Erweiterung auf 50MW. Zukünftige Pläne beinhalten einen möglichen NASDAQ-Ausgliederung und die Erkundung von Chancen im Bereich KI/HPC-Infrastruktur neben dem Bitcoin-Mining.
- Secured strategic Wyoming site with 200MW capacity potential and competitive electricity rate of $0.033/kWh
- Phased implementation approach reduces initial capital requirements while maintaining scalability
- Additional revenue potential through 7-15% annual yield from Bitcoin lending/staking
- Potential for site diversification into AI and HPC workloads
- Plans for NASDAQ spin-out could create additional shareholder value
- Significant capital requirements: $15M for initial phase and $55M for expansion
- Mining profitability dependent on volatile Bitcoin prices and network difficulty
- 'Mine-and-hold' strategy exposes company to Bitcoin price volatility
- Project success relies on securing substantial funding
Strategic move into digital infrastructure includes long-term Bitcoin accumulation, potential AI data center expansion and future NASDAQ spin-out
TORONTO, May 27, 2025 (GLOBE NEWSWIRE) -- Blockmate Ventures Inc. (TSX.V: MATE) (OTCQB: MATEF) (FSE: 8MH) (“Blockmate” or the “Company”), a Blockchain & Web3 venture builder focused on digital asset infrastructure, has launched its wholly owned subsidiary Blockmate Mining, a dedicated Bitcoin mining business with ambitions to become a major player in the North American market. The new entity will pursue a long-term “mine-and-hold” strategy, accumulating Bitcoin on its balance sheet as it scales operations.
Blockmate Mining has secured a site in Wyoming, USA, adjacent to a major power substation, with the potential to support up to 200 megawatts (MW) of mining capacity. The Company plans to roll out operations in phases, beginning with an initial 10MW deployment within the next 6 to 12 months and scaling up to 50MW, subject to capital availability. At full capacity (200MW), the site is estimated to produce approximately 200 Bitcoin per month, based on current network conditions and mining difficulty, which may vary over time.
“Blockmate Mining is a natural extension of our mission to deliver long-term value through real digital asset infrastructure,” said Justin Rosenberg, CEO of Blockmate Ventures. “With our Wyoming site secured and investor interest already strong, we’re positioned to build a highly scalable and capital-efficient mining operation. We’re focused on both generating Bitcoin and maximizing its long-term value for shareholders.”
The Wyoming site offers an electricity cost of just USD 3.3 cents per kilowatt-hour, among the most competitive rates in North America. The Company intends to hold a significant portion of mined Bitcoin on its balance sheet—seeking both capital appreciation and 7–
In parallel, Blockmate is actively exploring capital raise opportunities, including traditional equity, strategic investor partnerships, and innovative tokenized financing models linked to future Bitcoin output (hashpower). The first funding milestone targets USD
“We see a significant opportunity beyond Bitcoin,” added Domenic Carosa, Founder & Chairman of Blockmate Ventures. “With rising global demand for compute infrastructure, our Wyoming site offers the flexibility to support both AI and HPC workloads alongside Bitcoin mining. Blockmate Mining is uniquely positioned to capitalize on both the digital asset and AI revolutions.”
Blockmate Mining is already in early-stage discussions with strategic partners in the AI and data center space, exploring hybrid infrastructure models that fully leverage its land and power footprint. In parallel, Blockmate is actively exploring capital raise opportunities, including traditional equity and strategic investor partnerships.
About Blockmate Ventures Inc.
Blockmate Ventures (TSX.V: MATE) is a Blockchain & Web3 venture builder investing in and operating scalable blockchain, mining, and digital infrastructure companies. From decentralized computing with Hivello to the newly launched Blockmate Mining, the Company’s portfolio provides investors with diversified exposure to emerging sectors within Web3 and beyond.
To learn more, visit www.blockmate.com.
Blockmate welcomes investors to join the Company’s mailing list for the latest updates, webinars and industry research by subscribing at https://www.blockmate.com/subscribe.
ON BEHALF OF THE BOARD OF DIRECTORS
Justin Rosenberg, CEO
Blockmate Ventures Inc
justin@blockmate.com
(+1-580-262-6130)
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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