OriginSpark Teams with Block40X to Accelerate Low-Cost Bitcoin Mining
OriginSpark (OTCID: OCLN) announced a joint venture with Block40X to expand Bitcoin mining using a long-term power agreement that secures 250 megawatts of capacity and electricity priced below 3 cents/kWh. Block40X plans to bring 100 MW online in 6–9 months and scale to 500 MW, with a separate 200 MW facility already in development. OriginSpark's financing model includes preferred returns, five-year capital exit optionality, Bitcoin treasury holdings, potential asset-backed borrowing, and pro rata profit distribution. The venture emphasizes sustainability, transparency and regulatory compliance while targeting accredited and family office investors.
Key context: electricity is the largest input in Bitcoin mining and the release cites roughly 1 GWh per Bitcoin and an example cost near $60,000 per Bitcoin at current rates.
OriginSpark (OTCID: OCLN) ha annunciato una joint venture con Block40X per espandere il mining di Bitcoin usando un accordo energetico a lungo termine che garantisce 250 megawatt di capacità ed energia elettrica a un prezzo inferiore a 3 cent/kWh. Block40X prevede di mettere 100 MW online in 6–9 mesi e di espandersi a 500 MW, con una struttura separata da 200 MW già in sviluppo. Il modello di finanziamento di OriginSpark include rendimenti preferenziali, opzione di uscita del capitale per cinque anni, riserve in Bitcoin, possibilità di prestito garantito da asset e distribuzione degli utili pro quota. L'iniziativa enfatizza sostenibilità, trasparenza e conformità normativa mirata a investitori accreditati e family office.
Contesto chiave: l'elettricità è l'input più grande nel mining di Bitcoin e il comunicato cita approssimativamente 1 GWh per Bitcoin e un costo di esempio vicino a $60.000 per Bitcoin ai tassi attuali.
OriginSpark (OTCID: OCLN) anunció una empresa conjunta con Block40X para ampliar la minería de Bitcoin mediante un acuerdo de energía a largo plazo que garantiza 250 megavatios de capacidad y electricidad a un precio por debajo de 3 centavos/kWh. Block40X planea poner 100 MW en línea en 6–9 meses y escalar a 500 MW, con una instalación separada de 200 MW ya en desarrollo. El modelo de financiación de OriginSpark incluye rendimientos preferentes, opción de salida de capital a cinco años, reservas en Bitcoin, posible préstamo respaldado por activos y distribución de beneficios pro rata. El venture enfatiza sostenibilidad, transparencia y cumplimiento regulatorio, dirigiéndose a inversores acreditados y oficinas familiares.
Contexto clave: la electricidad es el insumo más grande en la minería de Bitcoin y el comunicado cita aproximadamente 1 GWh por Bitcoin y un costo de ejemplo cercano a $60,000 por Bitcoin a las tasas actuales.
OriginSpark (OTCID: OCLN)은 Block40X와의 합작투자를 발표하여 장기 전력 계약을 통해 250메가와트의 용량과 3센트/kWh 미만의 전기 가격으로 비트코인 채굴을 확장합니다. Block40X는 6~9개월 안에 100MW 온라인을 목표로 하며 500MW으로 확장하고, 이미 개발 중인 200MW 규모의 별도 시설도 있습니다. OriginSpark의 자금 조달 모델은 우선 수익, 5년간 자본 퇴출 옵션, 비트코인 보유 현금 자산, 자산 담보 대출 가능성, 그리고 비례 이익 분배를 포함합니다. 이 벤처는 지속 가능성, 투명성 및 규제 준수에 중점을 두고 인증된 투자자와 가족 경영 사무소를 타깃으로 합니다.
주요 맥락: 전력이 비트코인 채굴의 가장 큰 투입요소이며 발표문은 대략 1 GWh당 비트코인에 해당하며 현재 시세 기준 비트코인당 예시 비용은 $60,000에 근접합니다.
OriginSpark (OTCID: OCLN) a annoncé une coentreprise avec Block40X pour étendre le minage de Bitcoin via un accord énergétique à long terme qui sécurise 250 mégawatts de capacité et une électricité tarifée à moins de 3 cents/kWh. Block40X prévoit de mettre 100 MW en ligne dans 6 à 9 mois et de passer à 500 MW, avec une installation séparée de 200 MW déjà en développement. Le modèle de financement d'OriginSpark inclut des rendements préférentiels, une option de sortie de capital sur cinq ans, des réserves Bitcoin, un éventuel emprunt garanti par actifs et une distribution des profits au prorata. L'entreprise met l'accent sur la durabilité, la transparence et la conformité réglementaire, tout en ciblant des investisseurs accrédités et des family offices.
Contexte clé: l'électricité est le plus grand facteur d'entrée dans le minage de Bitcoin et le communiqué indique environ 1 GWh par Bitcoin et un coût d'exemple proche de $60,000 par Bitcoin aux taux actuels.
OriginSpark (OTCID: OCLN) hat eine Joint Venture mit Block40X angekündigt, um das Bitcoin-Mining mittels einer langfristigen Energievereinbarung auszubauen, die 250 Megawatt Kapazität und Strom zu einem Preis unter 3 Cent/kWh sichert. Block40X plant, in 6–9 Monaten 100 MW online zu bringen und auf 500 MW zu skalieren, wobei eine separate 200 MW Anlage bereits in Entwicklung ist. OriginSpark's Finanzierungsmodell umfasst bevorzugte Renditen, eine fünfjährige Kapitalausstiegsoption, Bitcoin-Schatzkammerbestände, mögliche asset-backed borrowing und pro rata Gewinnverteilung. Das Vorhaben betont Nachhaltigkeit, Transparenz und regulatorische Compliance und richtet sich an akkreditierte Investoren und Family Offices.
Schlüsselkontext: Strom ist der größte Input beim Bitcoin-Mining, und der Release zitiert etwa 1 GWh pro Bitcoin und eine Beispielkosten nahe $60,000 pro Bitcoin bei den aktuellen Raten.
OriginSpark (OTCID: OCLN) أعلن عن مشروع مشترك مع Block40X لتوسيع تعدين البيتكوين باستخدام اتفاقية طاقة طويلة الأجل تضمن 250 ميغاواتاً من السِعة والكهرباء بسعر يقرب من 3 سنت/كWh. تخطط Block40X لتوفير 100 MW عبر الإنترنت خلال 6–9 أشهر وتوسيع السعة إلى 500 MW، مع منشأة منفصلة بقدرة 200 MW قيد التطوير. يشتمل نموذج تمويل OriginSpark على عوائد مفضلة، خيار الخروج من رأس المال لمدة خمس سنوات، احتياطيات تابعة للبيتكوين، وإمكانية الاقتراض المدعوم بالأصول، وتوزيع الأرباح بالتناسب. يركّز المشروع على الاستدامة والشفافية والامتثال التنظيمي بينما يستهدف المستثمرين المعتمدين ومكاتب العائلات.
السياق الرئيسي: الكهرباء هي المدخل الأكبر في تعدين البيتكوين وتذكر البيان حوالي 1 GWh لكل بيتكوين وتكلفة نموذجية تقرب من $60,000 لكل بيتكوين عند الأسعار الحالية.
- Long-term power contract for 250 MW
- Electricity priced under 3¢/kWh
- Target to bring 100 MW online in 6–9 months
- Scalable plan to reach 500 MW capacity
- Power pricing advantage vs peers may pressure margins if electricity costs rise
- Operational ramp risk for 100 MW in 6–9 months
OriginClear's OriginSpark announces second joint venture, which aims to provide long-term sub-3-cent/kWh power for scalable mining
CLEARWATER, FL / ACCESS Newswire / November 18, 2025 / OriginSpark, a venture of OriginClear Inc. (OTCID:OCLN), a pioneer in tax-advantaged funding of scarce assets, today announced a joint venture with Block40X to expand Bitcoin mining through access to long-term, low-cost energy.
Block40X has secured land and a 250-megawatt power supply agreement through Basin Data Solutions. The long-term agreement sets electricity pricing under 3 cents per kilowatt-hour, significantly lower rates than industry leaders such as Mara Holdings and Riot Platforms with some industry leaders paying as high as 6 cents per kWh.
Electricity is the largest input cost in Bitcoin mining. Current difficulty levels mean about one gigawatt-hour of energy is required for each Bitcoin mined (as much as
"Bitcoin workloads are surging, but power access and cost are limiting growth," said Benjamin Hoskins, Block40X co-founder. "Block40X delivers one of the lowest-cost, most scalable energy-backed platforms in the world."
OriginSpark: A new financing model for digital infrastructure
The venture marks the second project under OriginSpark, OriginClear's new platform designed to accelerate Bitcoin mining growth. OriginSpark follows the company's spinoff of its industrial water business.
"The price and availability of power is everything," said Riggs Eckelberry, OriginClear founding chairman and CEO. "With our help, the Block40X team can build a world-class mining operation around this energy asset."
Block40X plans to bring 100 megawatts online within 6-9 months, with plans to scale to 500 megawatts at both U.S. and international sites, with a 200-megawatt facility already in development.
"In my professional work, I solve energy challenges every day, and I have to be frank - under 3 cents is a mind-blowing price for a long-term contract," said Jim Mathers, CEO and president of Energy Professionals (www.energyprofessionals.com). "I wish OriginClear and Block40X the greatest success in this exciting venture."
Designed for returns, speed and transparency
OriginSpark's financial model is built around:
Preferred returns.
Five-year capital exit optionality.
Bitcoin Treasury holdings for compounding.
Potential asset-backed borrowing.
Pro rata profit distribution after expenses.
The joint venture emphasizes sustainability, operational transparency and compliance with U.S. and EU regulations.
Market context: Bitcoin infrastructure demand rising
Bitcoin mining infrastructure is forecast to grow on a compound annual growth rate (CAGR) of
About OriginClear Inc.
Having successfully completed its spinoff of Water On Demand, which is developing industry-first tax-advantaged project finance to address the needs of over a trillion dollars in unfunded water infrastructure projects, OriginClear's next launch is OriginSpark™, which plans to help accelerate Bitcoin mining, a sector which is forecast to grow from
For more information, visit the company's website: www.originclear.com or www.originspark.ai
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About Block40X
Block40X is a next-generation data center company building the core infrastructure behind blockchain networks and modern artificial intelligence systems. Through its integrated platform spanning energy, compute, and digital operations, Block40X develops and operates high-efficiency facilities designed for scalable, mission-critical workloads. The company focuses on delivering reliable, cost-optimized power and compute capacity to support the growing demand for Bitcoin mining, AI training, and advanced data processing. We don't wait for the future - we build it.www.BLOCK40X.com
Media Contact:
Jon Peraza
727-476-1361
jon@originclear.com
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Matters discussed in this release contain forward-looking statements. When used in this release, the words "anticipate," "believe," "estimate," "may," "intend," "expect," "plans" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein.
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SOURCE: OriginClear, Inc.
View the original press release on ACCESS Newswire
FAQ
What did OriginSpark and Block40X announce on November 18, 2025 regarding OCLN?
How quickly will Block40X bring power online for the OCLN joint venture?
What financing features does OriginSpark offer OCLN investors in the joint venture?
How significant is the claimed under 3¢/kWh rate for OCLN mining economics?
What scale of energy is cited per Bitcoin in the OCLN announcement and its cost example?
