BTCS uses Rocket Pool to expand validators and improve margins

Silver Spring, USA, Maryland, January 15, 2025, Chainwire

BTCS Inc.. (Nasdaq: BTCS) (“BTCS” or the “Company”), a leader in blockchain infrastructure and technology, today announced the deployment of its Scaled Validator implementation plan, aimed at improving generation revenue and operational efficiency within its blockchain operations.

Over the past five months, BTCS has conducted an extensive due diligence process on Rocket Pool, a decentralized liquid staking protocol based on Ethereum. This assessment included a thorough assessment of auditability, compliance, cybersecurity, infrastructure integrity, and potential business risks and rewards to ensure a secure and scalable implementation of the validator. As part of this comprehensive review, BTCS has completed a pilot program and has now expanded to 320 validators participating in Rocket Pool’s liquid staking pool, marking a significant milestone in the expansion of the company’s validator node operations .

Potential impact on revenue

The BTCS team estimates that the expanded vertically integrated validation strategy could lead to an increase in revenue of up to 10%. This initiative is designed to optimize the number of active validators and improve gross margins, aligning with BTCS’ broader growth strategy.

Commitment to diversification and growth

BTCS plans to expand its partnerships with validators and diversify its technology providers to support scalable, long-term revenue growth.

“This initiative represents a critical step toward our goal of scaling blockchain infrastructure to drive revenue growth,” said Charles Allen, CEO of BTCS. “Our comprehensive approach ensures we prioritize security, compliance and performance at every step. This initiative highlights our commitment to improving our operations while delivering value to our shareholders.

About BTCS

BTCS Inc.. (Nasdaq: BTCS) is an American blockchain infrastructure technology company currently focused on scalable revenue growth through its Ethereum blockchain infrastructure operations. BTCS has honed its expertise in Ethereum network operations, particularly in block construction and validator node management. Its branded block building operation, Builder+, leverages advanced algorithms to optimize block construction for on-chain validation, thereby maximizing gas fee revenue. BTCS also supports other blockchain networks by operating validator nodes and spreading its crypto assets across multiple proof-of-stake networks, allowing crypto holders to delegate assets to BTCS-managed nodes. Additionally, the company developed ChainQ, an AI-powered blockchain data analytics platform that improves user access and engagement within the blockchain ecosystem. Committed to innovation and adaptability, BTCS is strategically positioned to expand its operations and blockchain infrastructure beyond Ethereum as the ecosystem evolves.

Users can learn how BTCS is revolutionizing blockchain infrastructure in public markets by visiting www.btcs.com.

Forward-looking statements:

Certain statements in this press release constitute “forward-looking statements” within the meaning of the federal securities laws, including statements regarding our ability to increase validator revenues by 10% and improve margins, increase revenues totals and deliver value to our shareholders. Words such as “may”, “could”, “will”, “should”, “believe”, “expect”, “anticipate”, “estimate”, “continue”, “predict”, “forecast” , “project,” “plan,” “intent” or similar expressions, or statements regarding intent, belief or current expectations, are forward-looking statements. Although the Company believes that these forward-looking statements are reasonable, undue reliance should not be placed on these forward-looking statements, which are based on information available to us as of the date of this release. These forward-looking statements are based on assumptions and are subject to various risks and uncertainties, including, without limitation, regulatory issues, unexpected issues with Builder+, unexpected issues with ChainQ and the reluctance of validators to try or use our Builder+ product, as well as risks set forth in the Company’s filings with the Securities and Exchange Commission, including its Form 10-K for the fiscal year ended December 31, 2023 which was filed on March 21, 2024. Therefore, actual results could be materially different. The Company expressly disclaims any obligation to update or amend any statements, whether as a result of new information, future events or otherwise, except as required by law.

Contact

CEO
Charles Allen
BTCS Inc. (Nasdaq: BTCS)
[email protected]
X (formerly Twitter): @Charles_BTCS

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