BlockFi Mining Bitcoin With Blockstream

Bitcoin lending platform BlockFi is now hosting bitcoin mining operations with Blockstream Mining, with plans to deploy miners at Blockstream’s facility in Adel, Georgia.

“As BlockFi looks to expand our offerings to the mining community and accumulate bitcoin on our balance sheet, mining directly to support the Bitcoin network provides a means to vertically integrate our supply chain while diversifying our revenue streams,” Joe Chu, the director of principal credit and mining at BlockFi, said in a release shared with Bitcoin Magazine.