Bitcoin Mining Partnership Announced by SEVA to Support Development of SunPark

Blockware Solutions (BWS), which claims to be an industry “leader” in blockchain infrastructure and Bitcoin mining, is pleased to form a partnership with SEVA.

Blockware Solutions has initiated a large-scale 150-megawatt development “to expand its Bitcoin mining operations in SunPark, an extension of Rock Creek Development as referenced by previous and current administrations in Boone and Lincoln counties, West Virginia.”

Blockware Solutions will “invest $10 million in the first phase of construction, as part of a multi-year, multi-phase project.”

The first phase will be “a 60 megawatt facility on a 20-acre site, which will feature immersion-cooled mining and hosting operations.”

The project is expected “to commence by the fourth quarter of 2022.”

The facility will “create dozens of high-paying jobs, with estimated average wages for Blockware Solutions technicians starting at $23/hour.”

Devanna Corley, President of SEVA WV, said:

“Today’s announcement is a testimony to working collaboratively with the State of West Virginia to diversify the economy of southern WV. The courtship with Blockware and Cyber Innovation began in early April. The Seva team has worked hard to gain the trust of both constituents, and I believe this announcement will be a catalyst to drawing additional tenants. The SunPark project is taking shape, there is a tremendous amount of interest from a variety of markets and there most definitely is a new light shining in Boone and Lincoln Counties.”

SEVA WV announced its plans earlier this year “to develop SunPark, a 3,000-acre solar park that includes industrial and commercial development, an educational experience, tourism, and hospitality venues.”

SunPark will “create new high-paying jobs and improve the quality of life for all West Virginians, working together to make this project an epicenter for economic empowerment.”

Warren Rogers, Chief Financial Officer of Blockware Solutions, remarked:

“Off the heels of our 20-megawatt data center in Belfry, KY, we are excited to announce our next mining location in SunPark. We are thrilled to bring a new form of mining to the people of West Virginia, boost job growth, and add to the development of the region,”

Rogers added:

“The plans outlined by SEVA and the support of the State of West Virginia in those efforts made our selection of SunPark easy. With a focus on solar energy, we intend to harness sustainable power for our project and provide energy efficient mining for our customers, a positive next step for the industry.”

Zach Staton, President of Cyber Innovation Group, a subsidiary of Blockware Solutions, noted:

“Bitcoin mining is another form of mining for southern West Virginia. Blockware Solution’s investment will lead to job creation and will go a long way to contribute to West Virginia’s economy.”

West Virginia Gov. Jim Justice said:

“Any time that we’re able to announce a new development project in West Virginia, it’s a good day for our people. Since I walked in the door as Governor, my administration and I have worked nonstop to make West Virginia the best place in the nation to locate a business. Our state is truly on a roll.”

West Virginia has shown the ability “to create partnerships among a range of stakeholders – from businesses, trade groups, labor, government agencies, educational institutions, medical providers, private developers, and entrepreneurs.”

These participants join forces that “result in successful developments, job creation, and economic growth.”

The State of West Virginia’s current activity and commitment “to pave and provide approximately three miles of access road up the mountain is critical to bringing economic development to the site.”

The proposed road improvements “are underway.”

Devanna Corley, President of SEVA, stated:

“We are not surprised by the level of interest in SunPark. Our vision is taking shape and there are eager partners seeking to build operations and employ our workforce in Southern West Virginia. We are grateful for Blockware Solutions and their team for selecting our site,”

Kris Mitchell, Executive Director of the Boone County Community Development Authority said:

“This announcement is a key example of the positive impact that SunPark will have on our region. I would like to welcome Blockware Solutions and thank them for their commitment to supporting local communities. I know Mrs. Corley and the SEVA team are working hard to bring business to the region.”

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