OriginClear and Block40X Launch Joint Venture for Low-Cost Bitcoin Mining
Reuters
Nov 18, 2025
OriginClear and Block40X Launch Joint Venture for Low-Cost Bitcoin Mining
OriginClear Inc.'s OriginSpark venture has announced a joint venture with Block40X to expand Bitcoin mining operations by leveraging long-term, low-cost power agreements. The collaboration aims to deliver electricity at rates under 3 cents per kilowatt-hour, significantly lower than industry averages. Block40X has secured a 250-megawatt power supply agreement and plans to bring 100 megawatts online within 6-9 months, with further scaling to 500 megawatts at multiple sites. The joint venture focuses on sustainable, transparent, and compliant operations, and is designed to provide preferred returns and flexible exit options for investors.
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