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EZ BLOCKCHAIN IS ON THE MISSION TO SOLVE GLOBAL WASTE ENERGY PROBLEM WITH THE HELP OF CRYPTO MINING

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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1st Quarter

EZ Blockchain was born in 2017 with the mission to get the best technology into crypto miners’ hands. The company started as a provider of data center hosting solutions for high density computing such as proof-of-work blockchain also known as crypto mining.

2nd Quarter

The first EZ Blockchain office was opened in Chicago in 2017. The company culture was one of self-supporting excitement. Bitcoin and crypto mining were fast-moving markets. And once the team pivoted to focus on energy, they collectively knew they were building something big.

3d Quarter

The company has diversified its revenue streams by participating in proprietary crypto mining. The team helped miners over the transformation of GPU to ASICs computation around that same time. In the company’s first year, there was such high demand that they started providing data center hosting solutions in addition to equipment.

1st Quarter

By early 2018, EZ Blockchain was already developing its first line of high-density computing modular data centers. These were mobile data centers retrofitted into shipping containers. The idea was that the container could be easily moved to follow the cheapest source of energy.

3d Quarter

EZ Blockchain opened a new mobile data center site 1.5-hour drive from Chicago. The new location, comprised of three data centers, is projected to deploy up to 3 megawatts (MW) of power — but has the capacity for 6 MW.

February

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 oil pads to reduce flaring, called EZ Smartgrid, which consists of a gas electric generator and a Smartbox — a mobile data center filled with crypto mining equipment.

December

Throughout 2019, EZ Blockchain has been preparing to expand the business by building bitcoin mining containers manufacturing.

June

EZ Blockchain launched the EZ Smartbox 3.0, a 40 ft container size mobile unit with its extraordinary efficiency and power capacity for cryptocurrency mining operations. 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.

February

EZ Blockchain installed the first mobile data center filled with MicroBt Whatsminer crypto mining equipment almost 1MW of power consumption at the site of a Silver Energy client in Alberta, Canada. The project installation took three days and the data centers were fully operational by March 2021.

March

Wesco Operating, Inc. installed the EZ Smartgrid Flaring Mitigation System by EZ Blockchain, reducing flaring from 240,000 scf per day to 0. The 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 on-site.

April

Sergii Gerasymovych is an honouree of the 2021 Forbes 30 Under 30 Europe in the Manufacturing and Industry category “Creating the products, methods, and materials of tomorrow”.

May

EZ Blockchain opened a Houston, TX office to target wasted natural gas in Permian Basin

June

EZ Blockchain is an official sponsor of the Bitcoin 2021 Conference in Miami. Sergii Gerasymovych, Co-Founder and CEO of EZ Blockchain, moderated a panel discussion “How Bitcoin Mining Fixes Our Energy Problems”.

September

Mass production of the new mobile data centers with immersion cooling Smartbox 1500i was started.

March

EZ Blockchain Introduced its Immersion Cooling Crypto Mining Container to the market – Smartbox 1500i. This engineering breakthrough has a 20ft container footprint while being a lightweight data center capable of operating up to 288 of the newest generation cryptocurrency miners with the electrical infrastructure that gives hash rate increase up to 40%.

April

EZ Blockchain is an official sponsor of the Bitcoin 2022 Conference in Miami. Sergii Gerasymovych, Co-Founder and CEO of EZ Blockchain, participated in a panel titled “Building New Grids.” EZ Blockchain launched a new line of business – Hosting Services. We started building hosting facilities to enter new energy markets.

The Ranger I project (GA) is completed

May

EZ Blockchain expanded its facilities to 16 MWs in Georgia by tapping into underutilized energy on the grid. The company invested in total of over $1 million into the area to tap into this energy, hiring only local contractors. Additionally, EZ Blockchain created 8 full-time and well-paying tech jobs. The Ranger II project (GA) is completed.

June

The Coffee I project (GA) is completed. EZ Blockchain generated jobs and revenue for the local community and to do it in such a way that we were not a bother to the community.

July

The Flower I project (KS) is completed. EZ Blockchain established a good working relationship with a miner manufacturer and worked with wasted wind energy to transform it into a new revenue stream in cryptocurrency.

Mission statement Sustainable crypto mining

As the first company in the world that created a mobile solid frame mining container and an industry leader of portable data center manufacturing, we see that the world needs bitcoin mining to be green and go towards null carbon emission. Instead of just buying carbon credits, we run an extra mile to find unutilized or wasted energy in isolated locations to bring jobs and technologies to local communities while mining bitcoin.

WE ARE THE THOUGHT LEADERS IN THE INDUSTRY

We pioneered crypto mining in mobile data on flared and stranded gas, we established one of the largest manufacturing of crypto mining containers in the US. We established the narrative of Bitcoin mining to be an integral part of energy industry.

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Our values
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Customer Driven
Customers are the course for our company’s success, we pledge to listen and respond favorably to them.
Business is people
Value People — equity in action means our company is committed to everyone’s professional development.
Safety
Our employees’ safety is more than a priority for us; it’s a value ingrained in the way we do business and live our lives.
Accountability & responsibility
Learning will make us more successful. Own your mistakes, it is the greatest lesson learned.
Integrity
When faced with difficult decisions and hard choices, we do the right thing, even in the face of adversity.
Diversity
Our diversity makes us able to innovate and our inclusion makes us a community.
Teamwork
Together we are stronger, it’s better than working alone.
Transparency
Be a window not a whiteboard, the practice of the open and honest communication.
Adaptability and Continuous Improvement
We make it happen now, we get it done and always value productivity.
We are agile, resilient, and creative.
careers img

careers

We sit right in the middle of two evolving industries: digitalization of finance and democratisation of energy. Every task we embark on is challenging but super interesting. We build, innovate and experiment with new technologies and tools. Working at EZ Blockchain means collaborating with brilliant, creative, and hard-working people not afraid of challenges and obstacles.

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in the media

America’s Bitcoin Miners See Georgia as the New U.S. Hot Spot
America’s Bitcoin Miners See Georgia as the New U.S. Hot Spot

America’s Bitcoin Miners See Georgia as the New U.S. Hot Spot

Regulations that vary by state sometimes spark miners to move their operations. Sergii Gerasymovych was excited when his crypto company sold a big mining rig to an oil and gas operator with plans to mine Bitcoin in New Mexico. But when the company started to install the mobile rig, which burns natural gas that would otherwise be flared to power about 700 miners, they learned that New Mexico strictly regulated generators like the one in the mining rig.
Feb 07, 2022
Building A Sustainable Cryptocurrency Future Using Bitcoin Mining With Natural Gas
Building A Sustainable Cryptocurrency Future Using Bitcoin Mining With Natural Gas

Building A Sustainable Cryptocurrency Future Using Bitcoin Mining With Natural Gas

The digital mining of Bitcoin and other cryptocurrencies is an incredibly energy-intensive process. EZ Blockchain keeps greenhouse gasses out of the atmosphere by utilizing wasted energy with the help of Bitcoin mining and high-density computing.
Dec 20, 2021
Flared Gas Crypto Mining: From Commodity to Currency
Flared Gas Crypto Mining: From Commodity to Currency

Flared Gas Crypto Mining: From Commodity to Currency

Affordable sources of energy are vital in high-density computing, and when EZ Blockchain launched as a hosting provider in 2017, the company soon realized it needed to get off the grid to remain profitable. After all, proof of blockchain work—also known as crypto mining—is notoriously power-consuming, and electricity costs were devouring company profits.
Nov 10, 2021
Power-guzzling crypto miners racing to find cheaper energy sources
Power-guzzling crypto miners racing to find cheaper energy sources

Power-guzzling crypto miners racing to find cheaper energy sources

The EZ Smartbox solution that Gerasymovych's company offers also comes with a mobile 1.5-MW natural gas-fired generator. Crypto miners that use the EZ Smartbox pay a starting price of $75 per kW, not including the mining equipment.
Aug 11, 2021
This Utah oil producer was wasting natural gas. Now it uses it to mine cryptocurrency
This Utah oil producer was wasting natural gas. Now it uses it to mine cryptocurrency

This Utah oil producer was wasting natural gas. Now it uses it to mine cryptocurrency

EZ Blockchain provided two “miners,” which came in 30-foot-long boxes — called a Smartgrid Flaring Mitigation System — and adapted them to the site-specific needs at the Blue Hills plant. After four months of testing, the system went fully operational in February.
Jul 27, 2021
Bitcoin Mining Digging for E&P’s Natural Gas Gold in Lower 48
Bitcoin Mining Digging for E&P’s Natural Gas Gold in Lower 48

Bitcoin Mining Digging for E&P’s Natural Gas Gold in Lower 48

“Our goal is to monetize the gas as well as solve some of the environmental problems of leaking wells and flared gas,” said EZ Blockchain CEO Sergii Gerasymovych. The company uses excess natural gas to power its onsite bitcoin mining operations at several production sites throughout North America. “It’s not just a one-way road here…I do want the oil and gas producers to participate in this industry.”
Jun 25, 2021
EZ Blockchain Partners With Texas-Based Oil Provider to Monetize Wasted Natural Gas With Bitcoin
EZ Blockchain Partners With Texas-Based Oil Provider to Monetize Wasted Natural Gas With Bitcoin

EZ Blockchain Partners With Texas-Based Oil Provider to Monetize Wasted Natural Gas With Bitcoin

After the installation of Microbt Whatsminers, EZ Blockchain said that the project reached around 1 megawatt of power consumption. All of the power is “processed from 250 MCFd of stranded natural gas using a gas-electric generator,” the company’s blog post notes.
May 30, 2021
Oil drillers and Bitcoin miners bond over natural gas
Oil drillers and Bitcoin miners bond over natural gas

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.
May 21, 2021
CAN DIRTY CRYPTO TURN CLEAN AND GREEN?
CAN DIRTY CRYPTO TURN CLEAN AND GREEN?

CAN DIRTY CRYPTO TURN CLEAN AND GREEN?

Companies like EZ Blockchain instead use 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.
May 05, 2021
Frisco natural gas driller turns to Bitcoin mining to burn excess fuel
Frisco natural gas driller turns to Bitcoin mining to burn excess fuel

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.
May 04, 2021
Green Energy’s Never Been Bigger. This Fracking ETF Doesn’t Seem to Mind
Green Energy’s Never Been Bigger. This Fracking ETF Doesn’t Seem to Mind

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.
Apr 09, 2021
The 2021 European Forbes 30 under 30 List – Manufacturing & Industry
The 2021 European Forbes 30 under 30 List – Manufacturing & Industry

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

Sergii Gerasymovych is an honouree of the 2021 Forbes 30 Under 30 Europe.
Apr 08, 2021
EZ blockchain has recently set up five Bitcoin mines on gas sites
EZ blockchain has recently set up five Bitcoin mines on gas sites

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.
Apr 04, 2021
Could Bitcoin Solve The Oil Flaring Problem?
Could Bitcoin Solve The Oil Flaring Problem?

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.
Apr 01, 2021
Fracking Companies Pivot to Mining Bitcoin as Pandemic Woes Continue to Bite
Fracking Companies Pivot to Mining Bitcoin as Pandemic Woes Continue to Bite

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.
Apr 01, 2021
The pandemic is turning fracking companies into Bitcoin miners
The pandemic is turning fracking companies into Bitcoin miners

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.
Mar 30, 2021
Cryptocurrency mining company eyes flared gas in Permian Basin
Cryptocurrency mining company eyes flared gas in Permian Basin

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.
Jun 23, 2020
Chicago Company Mines at Oil Wells, Educates Producers About Bitcoin
Chicago Company Mines at Oil Wells, Educates Producers About Bitcoin

Chicago Company Mines at Oil Wells, Educates Producers About Bitcoin

EZ Blockchain is a Chicago-based company designing and building data centers 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.
Dec 06, 2019
Bitcoin Mining Helps Oil Companies Reduce Carbon Footprint
Bitcoin Mining Helps Oil Companies Reduce Carbon Footprint

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.
Jul 19, 2019

OUR OFFICES

Chicago office

311 S Wacker Drive, Suite 1410, Chicago, IL 60606
EZ Blockchain is headquartered in Chicago, home of commodities trading, a few blocks from the largest Bitcoin futures trading exchange.

Houston office

5177 Richmond Ave, Houston, TX, 77056
Our Houston office brings new technological solutions to the OAG industry and other energy companies.
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