Why Mine Bitcoin? | Blockware

Stack Bitcoin at a discount.
Deduct 100% of the miner cost in year 1.

Bitcoin mining lets you deduct the full cost of your hardware in year one and produce Bitcoin below the market price. You own the machines. Blockware runs them.

Why mine Bitcoin?

100% Write-Off
Deduct the full cost of your miners against active income in year one. Bitcoin mining hardware qualifies for 100% bonus depreciation under Section 168(k) of the tax code.
Mine at a Discount
Produce Bitcoin under the market price. Efficient machines running on cheap power generate BTC for less than it costs to buy on an exchange, so every sat you stack comes in at a discount.
White Glove Service
You own the machines. We run them. Blockware handles sourcing, deployment, hosting, power and repairs. You monitor your miners and watch the Bitcoin stack from your phone.
100%
Year-one hardware write-off
$0.07
Per kWh all-in hosting
4
US hosting states: TX, ND, MO, KY
270 TH/s
Antminer S21 XP, 13.5 J/TH

How it works with Blockware

From first call to first mining rewards in a few weeks. No technical background required.

1

Talk to our team

A free consultation to model the numbers for your situation: hardware cost, the write-off, and projected Bitcoin production.

2

Buy your miners

You purchase the machines and hold title to them. Latest-generation Antminers, sourced and priced by Blockware.

3

We deploy and host

Your miners go live in Blockware facilities across Texas, North Dakota, Missouri and Kentucky. Power, uptime and repairs are on us.

4

You stack Bitcoin

Mining rewards flow to you. Check your machines and your Bitcoin production every day from the monitoring dashboard.

Frequently asked questions

How does the 100% write-off actually work?
Bitcoin mining hardware is business equipment, and under Section 168(k) bonus depreciation the tax code allows 100% of the cost of qualifying equipment to be deducted in the year it is placed in service. Buy $100K of miners this year, and you can generally deduct $100K against active income this year, while the machines keep producing Bitcoin for years. Your CPA confirms how it applies to your situation, and we can connect you with a CPA firm that works with miners every day.
What does "buy Bitcoin at a discount" mean?
Mining produces Bitcoin for the cost of your power and hosting. With efficient machines and an all-in hosting rate around $0.07/kWh, that production cost is below the exchange price, so you accumulate BTC for less than buying it on the spot market.
Do I actually own the machines?
Yes. You hold title to the hardware. This is not a fund, a token or shares of a mining company. The miners are your equipment, which is exactly why the depreciation deduction is yours too.
What does Blockware handle for me?
Everything operational: sourcing and pricing the machines, shipping, racking, deployment, power, hosting, monitoring and repairs. Facilities are located in four US states, giving your fleet geographic diversification with one provider.
Do I need to be technical?
No. If you can check an app on your phone, you can run miners with Blockware. You get a dashboard to watch your machines and your Bitcoin production. Checking in on your machines daily also supports the active involvement the tax treatment is built on.
How fast can I get started?
Typically your machines are deployed and hashing within a few weeks of your order. If the year-one deduction matters for this tax year, the hardware generally needs to be placed in service by December 31, so earlier is better.
Is this tax advice?
No. This page is educational. Bonus depreciation applies to qualifying equipment and depends on your circumstances, so work with your CPA. If you don't have one who knows mining, we'll introduce you to one who does.

Talk to a mining advisor

A 30-minute call. We model your numbers: what the hardware costs, what the write-off saves you, and how much Bitcoin your machines are projected to produce. No pressure, no obligation.

Get your custom model

Tell us where to send it and our team will reach out to schedule your call.

Blockware
2026 Bitcoin Mining Guide
How to turn your largest expense (taxes) into a compounding Bitcoin treasury.

The 2026 Bitcoin Mining Guide

The full strategy, step by step: the 100% write-off, the machines, the hosting and what a real allocation looks like.

Download the free guide

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