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NetworkNewsBreaks – BlockQuarry Corp. (BLQC) Ann

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Posted On: 04/25/2022 4:29:16 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – BlockQuarry Corp. (BLQC) Announces 2021 Highlights, Launch of 20MW Hosting Infrastructure

BlockQuarry (OTC: BLQC), a Texas-based company with primary commercial-stage operations in cryptocurrency mine hosting and self-mining in the Southeast United States, today announced financial and operational performance highlights for the twelve months ended Dec. 31, 2021. The company also announced the full launch of its Phase One 20MW hosting infrastructure at its Southeast U.S. cryptocurrency mining site, which will drive approximately $9.5 million in annual revenues going forward. “2021 was a breakthrough year for the company, and the investments we made during that period are already starting to pay big dividends as we begin to collect on the implementation of our Phase One hosting infrastructure,” said Alonzo Pierce, president and chair of BlockQuarry. “The topline exploded higher last year, and the bottom line is set to swing in our favor sharply as we get past our major fixed costs.”

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