Crypto Blockchain Industries Partners With Blockware For $10M Bitcoin Mining Venture

Crypto Blockchain Industries (CBI) and Blockware Solutions, LLC have entered into a strategic partnership to enhance Bitcoin mining efficiency and scalability. The collaboration involves a $10 million infrastructure investment, with Blockware deploying and managing next-generation Bitmain ASIC miners on behalf of CBI. This partnership aims to acquire Bitcoin at a cost below the market price, leveraging Blockware's expertise in Bitcoin mining.

Under the agreement, CBI will finance the initial $10 million tranche of the mining rig investment in stages as funding is secured. Blockware will receive partial compensation in CBI shares and intends to reinvest a portion of its profits into additional CBI equity. The final ownership stake will be determined by the business’s performance over the coming years. The Bitcoins mined by CBI will be deposited daily into a secure wallet managed and owned by CBI, enabling the acquisition of Bitcoin at a discounted rate.

This partnership provides Blockware with the opportunity to expand its megawatts under management, grow its ASIC marketplace, and diversify its portfolio. The deal structure allows CBI to secure cost-efficient hosting and access to world-class brokerage services via Blockware, resulting in a historically low all-in cost per Bitcoin. Blockware will receive shares representing at minimum 0.5% of CBI’s capital and a portion of its profits through CBI shares upon the resale of the ASICs. Blockware’s final ownership percentage in CBI will depend on the development of the business over the partnership.

CBI has the option to gradually increase production capacity under predefined conditions. Blockware ensures that up to 3 years, through their extensive network and ASIC marketplace, they will secure a resale value of at least 25%, although CBI is under no obligation to sell them. Blockware’s unique ASIC marketplace offers clients a simplified, premium platform to start mining Bitcoin in just a few clicks, eliminating many of the common barriers to entry.

Through this strategic partnership, CBI strengthens its position in the crypto-asset space and implements a flexible, resilient, and long-term performance-oriented strategy. The partnership leverages Blockware’s expertise to acquire Bitcoin at a discount and increase CBI’s crypto-asset portfolio. Bitcoin mining operations provide a form of compensation that, over time, results in Bitcoin acquisitions at prices lower than market spot rates. The discount level is determined at the end of each cycle—typically 3 years—and depends on operating costs (mainly electricity) and the number of transactions processed.

CBI, a French company, develops, operates, and invests in video games, business applications, and selected projects related to blockchain, non-fungible tokens (NFTs), and cryptocurrencies. Founded by Frédéric Chesnais, a renowned gaming industry entrepreneur and blockchain pioneer, CBI aims to develop and unlock the value of a blockchain-based business portfolio across various industries. CBI has already made several investments and is currently launching AlphaVerse, a virtual world based on blockchain technology.

Blockware Solutions, LLC is a leading Bitcoin mining infrastructure and services provider, evolving from a mining hardware brokerage to a comprehensive Mining-as-a-Service platform. With billions in hardware transactions and a trusted mining community, Blockware offers U.S.-based infrastructure that delivers premier hosting solutions, liquidity, and operational tools to optimize transparency, efficiency, and profitability. Their innovative Bitcoin-native Marketplace is transforming the way miners buy and sell hardware, hashrate, and energy contracts, providing just-in-time liquidity and driving the future of decentralized, transparent, and efficient mining.