CEO, Co-Founder of EZ Blockchain
Client’s goal was to eliminate flaring at their gas processing plant and monetize the flared gas in an alternative way by doing crypto mining onsite.
EZ Blockchain closely worked with the genset supplier to provide necessary information for generator rewiring to make it capable of powering crypto mining hardware directly at 415/240V three phase without additional expense for transformer equipment.
A higher output wattage generator was picked for the project to take into consideration the efficiency derating because of high BTU gas. The project development was rather urgent therefore EZ Blockchain quickly prepared a used mobile data center for this application making some minor upgrades in electrical infrastructure to meet the clients deadline.
Smartbox was equipped with VFDs to regulate the fans speed based on the ambient temperature to keep crypto mining hardware running at optimal efficiency. Our procurement department was able to utilize its network of hardware suppliers, distributors to source hardware at reasonable price without a risk of price change for the client.
EZ Blockchain networking team built a networking infrastructure that allowed them to successfully transfer data at a very low internet speed. We analyzed the connectivity availability in the area and sourced the satellite internet with a redundant cell internet back up.
Sergii Gerasymovych is an honouree of the 2021 Forbes 30 Under 30 Europe.
Headquartered in Chicago, IL, EZ Blockchain helps oil and gas producers utilize what would otherwise be wasted gas to produce electricity used to mine cryptocurrency, reducing emissions and generating revenue at the same time.
Bitcoin is going off the charts right now. But why? And what does that mean? Justin Gauthier interviews Sergii Gerasymovych about his origins and, ultimately, what he’s done with business and Bitcoin since moving from Ukraine to the U.S. on this episode of the Oil & Gas Onshore podcast.
Starting any kind of company is full of challenges, but what challenges do companies working in the frontiers of the market face? Specifically, what challenges do blockchain and crypto companies face? Sergii Gerasymovych from EZ Blockchain discusses these issues alongside Matthew Lisle of Legal Galaxy Digital and Daniel McCabe of Flexa.
CHICAGO, June 22, 2020 /PRNewswire/ -- EZ Blockchain, a leader in proof of work blockchain infrastructure is thrilled to announce the launch of the EZ Smartbox 3.0, a 40 ft container size mobile unit with its extraordinary efficiency and power capacity for cryptocurrency mining operations. As the blockchain space adoption is growing rapidly in the USA, capital expenditures play a major role in any high-density computing venture. Smartbox 3.0 is designed to stay ahead of the fast-paced environment by providing full plug-and-play mobile data centers within a reasonable upfront cost.
EZ Blockchain is a great partner to work with. After purchasing our first Smartbox 2500, the company provided excellent product support at deployment and during the operation. Their team has experience in crypto mining on the grid, off grid and behind the meter as a result the Bitcoin mining mobile data centers are built meeting any crypto miner expectations.
The Smartbox itself is a high end product, it has both operational flexibility and high electrical capacity. Separating electrical room from rack space is great operational move, our engineers and operational technicians appreciated it a lot.
We’ve had the privilege of working with EZ Blockchain over the last year. Their support in getting our mine up and running was invaluable, saving us countless hours and maximizing uptime. Since start up we have been able to lean on their team 24/7 to help with mine optimization and troubleshooting. They are a trusted partner in our mining operations.
I’ve appreciated my partnership with EZ Blockchain. They have put together a pretty nice package for us miners who want to scale but don’t want to be knee deep in infrastructure and the day to day.
From sourcing mining hardware at reasonable prices and opportune times, to maintaining and operating them at competitive prices per kWh, EZ Blockchain has performed well.
EZ Blockchain delivered and installed a BTC mining box and associated miners with very little issues. The project is running smoothly and a second box is on schedule to be delivered and installed.
This install will limit flaring at the field to a minimum, turning stranded gas into a profitable solution. The company designed the project from scratch, sourced crypto mining hardware in very tough market conditions.
After the installation EZ Blockchain operates the crypto mining operation on a daily basis.