EZ Blockchain is on the MISSION to solve global waste energy problem with the help of crypto mining.

Our Team

Sergii Gerasymovych

CEO, Co-Founder

Vlad Rodinoff

President, Co-Founder

Luis Arauz

Data Center Operations Manager

John Rabon

Regional Business Development (O&G)

Krim Lane

Research and Development Engineer

We utilize Bitcoin’s high power consumption as a tool to capture leaking methane from capped wells, flared gas and vented gas.

Company history

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EZ Blockchain started as a provider of data center hosting solutions for high density computing such as proof of work blockchain also known as crypto mining.

The company has diversified its revenue streams by participating in proprietary crypto mining.

Power cost has been one of the most important factors in crypto mining.

In early 2018 we developed a line of high density computing modular data centers for crypto mining with the goal of bringing crypto mining to cheaper sources of power.

The company built a team of in house engineers and created a fully operational manufacturing line to supply mobile data centers on scale.

The company grew its focus on wasted energy specifically on flared gas, stranded gas and landfill gas.

We developed a mobile flaring mitigation system available to be deployed right on the oil pads to reduce flaring, called EZ Smartgrid, it consists of gas electric generator and a Smartbox — a mobile data center filled with crypto mining equipment.

Energy sector became our key market.

EZ Blockchain spins off its power generation business and forms a new company with its own fleet of high efficiency field ready island operation generators.

EZ Blockchain is an energy oriented tech company that connects the energy industry with the digital assets industry.

We optimize energy usage by utilizing Bitcoin mining as a tool to solve wasted energy problems.

Podcasts
& videos

Curious about cryptocurrency? A look at Bitcoin, blockchain, and big money

Since the start of the coronavirus pandemic, cryptocurrency – specifically Bitcoin – has seen a surge in popularity

The Blockchain.com Podcast

Episode 23: Bitcoin's energy consumption with Sergii Gerasymovych

Garrick Hileman sits down with Sergii Gerasymovych to discuss bitcoin's energy consumption. One of the most common topics of scrutiny surrounding bitcoin and crypto assets is their energy consumption. But as we learn today bitcoin mining is actually helping the environment.

Global DCA Event (Apr 22, 21) : Cryptomining Industry Transformation and the Digital Asset Ecosystem

Without cryptomining there is no digital asset industry – a profound statement but one that rightly recognizes the extent of the digital asset ecosystem and the value chain of activities / stakeholders and industries that must be supported in order to advance the digital economy. Tailored specifically to the needs of those engaged in the crypto-mining industry, this event will touch upon the three core issues facing crypto-mining today:
• Industry Standards
• Regulation and Reporting
• Environmental Impact & Sustainability

in the media

Oil drillers and Bitcoin miners bond over natural gas

In the case of Kirkwood, EZ Blockchain uses stranded natural gas to make Bitcoin, giving it all to Kirkwood. EZ Blockchain makes money by supplying equipment and mining services for a fee.

CAN DIRTY CRYPTO TURN CLEAN AND GREEN?

Companies like EZ Blockchain instead use the gas to power Bitcoin mining. According to Gerasymovych, this cuts 20 to 30 percent of CO2 emissions, and up to 70 percent of other harmful substances like volatile organic compounds, or VOCs.

Frisco natural gas driller turns to Bitcoin mining to burn excess fuel

Silver Energy bought a cryptocurrency mining rig and is powering it with flared natural gas at a site outside Brooks, Alberta, in Canada.

Green Energy’s Never Been Bigger. This Fracking ETF Doesn’t Seem to Mind

Sergii Gerasymovych, the Founder of EZ Blockchain, found a way to utilize the fracking industry in a way that benefits Bitcoin. This, in turn, could help add a new or supplanting revenue stream for fracking companies.

The 2021 European Forbes 30 under 30 List – Manufacturing & Industry

Sergii Gerasymovych is an honouree of the 2021 Forbes 30 Under 30 Europe.

Could Bitcoin Solve The Oil Flaring Problem?

EZ blockchain has recently set up five Bitcoin mines on gas sites, the latest in Utah with independent gas company Wesco Operating Inc. Other companies using the innovative solution include Crusoe Energy Systems Inc., which has introduced low-cost/no-cost ‘Digital Flare Mitigation’ programs with Bitcoin companies to put 20 data centers into action.

Fracking Companies Pivot to Mining Bitcoin as Pandemic Woes Continue to Bite

With that, turning to alternative revenue streams has become all the more appealing in recent times. Sergii Gerasymovych, the Founder of EZ Blockchain, spotted an opportunity to bring Bitcoin and the fracking industry together.

Could Bitcoin Solve The Oil Flaring Problem?

Sergii Gerasymovych, the owner of a Bitcoin mining company, EZ Blockchain, reached out to oil and gas companies a few years ago to no avail. But “The market conditions have changed,” he explained.

The pandemic is turning fracking companies into Bitcoin miners

In 2018, the global cryptocurrency market had crashed, and Sergii Gerasymovych was looking for a way to keep his Bitcoin mining company afloat. He eventually settled on a plan to make money while cleaning up two notoriously climate-polluting industries.

Cryptocurrency mining company eyes flared gas in Permian Basin

EZ Blockchain recently deployed a natural gas generator and a 40-foot container filled with more than 700 computer servers off the East Coast where a stranded source of natural gas is being used to generate roughly 2.5 megawatts of electricity.

Chicago Company Mines at Oil Wells, Educates Producers About Bitcoin

EZ Blockchain is a Chicago-based company designing and building datacenters that can mine cryptocurrencies based on proof-of-work blockchains. It manufactures, deploys and operates mobile units at oil and gas extracting facilities, which run on what would otherwise be totally wasted energy to mint digital coins.

Bitcoin Mining Helps Oil Companies Reduce Carbon Footprint

EZ Smartbox portable mining units are powered by gas-electric generators to convert associated gas into electricity used in data processing including crypto mining. The Chicago-based company has already delivered 13 mobile units to three locations, with 6 MWs under operation and 64 PH/s of hash power. To find out more about these operations and get further insights about the industry, news.Bitcoin.com contacted Sergii Gerasymovych, founder of EZ Blockchain.

we are located

Chicago office

833 W CHICAGO AVE SUITE 401 CHICAGO, IL, 60642

EZ Blockcahin is headquartered in Chicago, at home of commodities trading, a few blocks from the largest Bitcoin futures trading exchange.

Info@ezblockchain.net +1 (888) 890-15-16

Los Angeles office

1901 AVENUE OF THE STARS, SUITE 200, LOS ANGELES, CA 90067

Los Angeles office handles all project investment inquiries

Info@ezblockchain.net +1 (888) 890-15-16

European Union office

TALLINN, 10001

Our manufacturing facilities are being coordinated from Estonia office.

Info@ezblockchain.net +1 (888) 890-15-16