Proprietary Bitcoin Mining Technology

Who We Are

Block Harvest is a cryptocurrency mining business

We build and operate proprietary mining rigs

Mining rigs are durable and portable – currently located in Wyoming and North Dakota

Experienced management team with deep experience in startups

What We Do

We use wasted natural gas that is currently being flared by oil and gas producers to power cryptocurrency mining data centers.

Block Harvest computers are part of a broader mining network that secures and verifies bitcoin transactions.

Differentiated Technology

Mining servers loaded on a mobile trailer that can be transported between locations with minimal moving costs

Power provided from natural gas generator with flexibility to hook up to any electric source, including grid

Enables mining operations to be conducted where electricity costs are lowest

Unique Operational & Competitive Advantages

Relationships with oil & gas producers provide best wellsite access

Affiliate rental business ensures low-cost power generators and best-in-class service

In-house rig design and production using industrial affiliates

Environmental & Social

Helping the Environment

Each Block Harvest mining rig eliminates over 1,100 tons of carbon emissions per year.

Annual Emissions per Block Harvest Rig Equivalent1

(tons)

Carbon Dioxide (CO2)

Volatile Organic Compounds (VOCs)

Nitrogen Oxide (NOX)

Total
Flaring
2,078
1,190
1
3,269
Eliminates 100% of EPA Scope 1 Emissions
Block Harvest
2,140
–
–
2,140
~35% Total Emissions Net Reduction

Sources: University of North Dakota, EIA, EPA, Generator Manufacturer Data.
1. Equivalent to 3,066 MWh or 36,500 mcf of well gas. Figures are estimates calculated based on publicly available emissions data.

100% Off Grid Mining

Block Harvest builds its own mini-grids to power its miners and does not add demand to public electric infrastructure.

Off Grid Mining

Adds no stress to public electric infrastructure

Energy obtained from currently wasted resource

Has no effect on electric market pricing

On Grid Mining

Adds significant demand to increasingly fragile electric grids

Energy obtained from source that could otherwise power homes and businesses

Can use up low-cost electric sources or cause local pricing to increase

Our Team

John Fitzgibbons

Chairman

Founded Basin Holdings & Integra Group
Co-Founder of Deerpath Capital

Eash Cumarasamy

President & Managing Director

Executive VP, Basin Holdings
Investment Banking at Barclays

Tom Killian

Managing Director

VP, Finance, Basin Holdings
Investment Banking at JPMorgan

Dave Sadder

General Counsel

Assistant General Counsel, Basin Holdings
M&A at Skadden, Arps, Slate, Meagher & Flom

Clancy Fenner

Operations Manager

Operations, Basin Power Solutions

Contact Us

Please get in touch to learn if Block Harvest can help service your flared gas needs

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