Welcome to BLOCK10

BLOCK10 provides enterprise-level entry into the bitcoin mining space to achieve bitcoin production, accumulation, and immediate tax mitigation benefits.

  • Turnkey Mining Solution
  • 340 ANTMINER S19s
  • 24/7/365 Monitoring
  • Fixed kW/h Agreement

Bit5ive was founded to bring an all-in-one service for self-miners who do not have the operational capabilities to build or operate their own mining facilities. Purchasing energy in bulk and in advance, developing infrastructure, selling, hosting, and supporting the most advanced bitcoin hardware available on the market creates a seamless mining experience.

WHY BLOCK10

Value Propositions

Our Solution to the barriers of entry

Learn more about our 40-foot shipping containers modified for use in blockchain systems.

Tax Mitigation

With the Tax Cuts and Jobs Act of 2017, our offerings are 100% depreciable in the year they're placed in service.

Financial Projections

See what we project your first 5-years of running your own bitcoin mining business could look like.

BITCOIN MINING

How Bitcoin Mining Works

Mining is a system that adds transactions & provides security to the bitcoin blockchain. This is how new bitcoins enter the market.

01

Transaction

A Bitcoin transaction occurs and is broadcast to the network

02

The Pool

A miner pools together “pending” Bitcoin transactions in a “block”

03

Mining

Once a block is formed, miners compete to “hash” their block (i.e., solve a cryptographic puzzle)

04

Proof of Work

Once solved, the network checks the miner’s work (i.e., verifies their “Proof of Work” adheres to rules of the Bitcoin protocol)

05

Blockchain

The new block of verified transactions is attached to a chain of prior blocks, hence “blockchain” (i.e., the public Bitcoin ledger) & the process repeats

06

Rewards

For solving the puzzle, miners are rewarded with Bitcoin Currently, 6.25 BTC per block / Blocks are solved, on avg., every 10 min. Only 21 million BTC can be mined, providing scarcity; currently, 900 BTC are mined per day

The Pod5ive

Each container contains all electrical components, cooling systems and computer automation required to efficiently run and remotely operate.

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Turnkey mining solution

Providing a 40-foot standard shipping container, modified for use in blockchain systems. Each container is designed to hold and operate 340 ANTMINER S19s (included in purchase) manufactured by BITMAIN

  • Power Agreement

    fixed at $0.065/kWh for 5-years.

  • Fully Managed

    24/7/365 monitoring to ensure maximum uptime.

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340
Miners

BLOCK10

Bitcoin Mining Hosting Infrastructure Development exceeding 1,000 megawatts.

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Partnerships

Our Network

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Award-Winning

Our Accolades

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Awards Category Year
AWARDS / Site Of The Day award-image Cascadia Creative 2020
CSSDesignAwards / Design of the Year award-image Oliver Agency 2021
TheFWA / FWA of the Day award-image Cortana Corporate 2022
Behance / Web Design Served award-image Details Agency 2022
AWARDS / Nominated Site of the Year award-image IT Company 2023

BLOCK10 Meet The Team

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Alejandro Canto

Chief Executive Officer
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Harry Shurek

Chief Financial Officer

Want to learn more?
Reach out to us.