Operating Company

Updated:

Blockware Solutions

Blockware Solutions offers turnkey Mining as a Service that puts institutional-grade miners to work for clients, generating daily Bitcoin income and building a...

Blockware Solutions

Blockware Solutions offers turnkey Mining as a Service that puts institutional-grade miners to work for clients, generating daily Bitcoin income and building a BTC treasury without operational overhead. The firm fully manages procurement, setup, hosting, monitoring, and maintenance so miners run at its professional data centers. Its MaaS facilities are positioned across four U.S. states to capitalize on low-cost energy and optimal uptime.

General information

Firm type

Operating Business

Year founded

2017

Location

Region

North America

Country

United States

City

Austin

Corporate office

Austin, TX, United States

Principals

Blake Davis

Rich Ferolo

Tanner Davis

Fernando Grijalba

Sector focus

FinTechInfrastructureEnergy Transition & Renewables

Frequently asked questions

Is Blockware a mining company or a service provider?

Blockware is primarily a service provider to the mining industry — it sources hardware and provides hosting infrastructure, rather than exclusively mining for its own account. While the firm operates proprietary hashrate, its core business involves procuring ASICs for clients and managing deployment across third-party data centers. This picks-and-shovels orientation means its revenue is tied more to hardware margins and hosting fees than to hashprice volatility. The launch of its own mining pool in 2022 further positions Blockware as an integrated platform rather than a pure mining operator.

Where does Blockware source its hardware?

Blockware sources ASIC mining rigs directly from major manufacturers, primarily Bitmain (Antminer series) and MicroBT (Whatsminer series), and maintains relationships with secondary-market brokers for pre-owned equipment. The firm's supply chain expertise includes navigating import logistics, firmware customization, and compatibility testing before deployment. During the 2021 supply crunch following China's mining ban, Blockware leveraged its manufacturer relationships to secure hardware allocations for North American clients at a time when primary-market orders faced multi-month backlogs.

Does Blockware run its own mining pool?

Yes, Blockware launched a U.S.-based Bitcoin mining pool in March 2022, integrating pool operations into its existing hardware and hosting stack. The pool allows clients hosted by Blockware to route their hashrate directly, eliminating the need to coordinate with a third-party pool separately. Blockware's pool competes with dominant operators like Foundry USA and Antpool by offering predictable payout schemes and operational transparency tied directly to the rig-level data it already monitors for hosting clients.

What kind of clients does Blockware serve?

Blockware's client base includes public and private Bitcoin mining companies, family offices, high-net-worth individuals, and funds seeking passive exposure to Bitcoin mining economics. The firm's mining-as-a-service model particularly appeals to non-technical allocators who want hashrate on their balance sheet without building an internal operations team. Its market intelligence newsletter, which provides ASIC profitability modeling and hashprice commentary, has also attracted a following among institutional allocators and sell-side research desks evaluating the sector.

How is Blockware different from other mining infrastructure providers?

Blockware's differentiation comes from its vertical integration across three layers: hardware brokerage (sourcing and reselling ASICs), managed hosting (deployment and uptime management), and its proprietary mining pool (block template construction and reward distribution). Most competitors specialize in only one or two of these functions. This closed-loop model means a client can procure rigs through Blockware, have them hosted in a Blockware-managed facility, and point that hashrate to Blockware's pool — creating operational simplicity that a multi-vendor setup cannot match.

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