BlockMetrix is a datacenter development and operating company founded in 2021 and headquartered in Dallas, Texas, focused on high-performance computing (HPC) and blockchain infrastructure. The company specializes in building, owning, and operating data centers tailored for cryptocurrency mining (primarily Bitcoin) and other compute-intensive applications. BlockMetrix has pursued aggressive expansion in the U.S., including negotiations for joint venture co-location facilities in Texas with capacities of 100 MW (expandable to 200 MW). The company has raised significant funding (e.g., $43 million in Series B in 2022, bringing total to $50 million) to purchase mining rigs (targeting thousands of units), secure low-cost power through partnerships, and increase hashrate. BlockMetrix emphasizes professionalism, renewable energy where possible, security, and operational efficiency to support digital asset mining. The company has faced legal challenges (e.g., 2023 lawsuit against operators at certain sites), but continues to develop and operate facilities for Bitcoin mining. As of early 2026, BlockMetrix is active with ongoing datacenter operations, mining expansion, and infrastructure projects in the U.S.
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In 2010, a pseudonymous miner known as ArtForz launched the first large-scale Bitcoin GPU farm, igniting the mining arms race and permanently altering Bitcoin’s path toward industrialization.




February 27, 2026 Bitcoin mining roundup: Network hashrate rebounds to 1.12–1.15 ZH/s amid new ASICs and expansions; Bitfarms confirms full pivot to AI/HPC by 2027; Bitdeer sells entire BTC treasury to fund AI growth; IREN records high production; Hut 8 secures $200M loan; Cipher emphasizes HPC shift; Soluna expands hosting; and more.

