Bullet Blockchain is a New York, New York-based IT services and IT consulting company focused on supporting the Bitcoin Blockchain through industrial-scale and rapidly expanding Bitcoin mining operations. The company has secured 100 megawatts of electricity, infrastructure, and servers capable of 3,000 petahash, with plans to substantially increase mining capacity over the coming periods through improvements in efficiency, stability, transparency, and scalability. Bullet Blockchain deployed an initial hardware fleet of 3,500 next-generation ASIC servers delivering 315 petahash while consuming 12 megawatts of electricity to launch mining operations in the third quarter of 2021. The company is committed to the future of Bitcoin and blockchain technology by contributing to network security through its mining activities, which generate rewards for securing the Bitcoin Blockchain. As of December 28, 2025, Bullet Blockchain remains focused on expanding its mining operations and infrastructure.
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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.

