Where is BitCity located?

BitCity is headquartered in Toronto, Canada.

Is BitCity a funded company?

BitCity is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does BitCity rank among its competitors?

BitCity ranks 94th amongst 471 active competitors, of which 30 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Bitfarms, which secured $588M in Oct, 2025.

Who are the top competitors of BitCity?

BitCity's top competitors include Bitdeer, Pi Network and Riot Platforms. Among them, Bitfarms secured the most recent funding round in October, 2025.

BitCity - 2026 Company Profile & Competitors

Q: Is BitCity an acquired company?

BitCity got acquired by Hyperblock on Feb 26, 2018.

Company Details

Platform offering cryptocurrency mining services. It is a digital currency miner, mining at scale and providing crypto-specific hosting services to its clients.

Key Metrics

Founded Year

2017

Location

Toronto, Canada

Stage

Acquired

Ranked

94^th among 471 active competitors

Similar Companies

Bitdeer & 1612 more

Exit Details

Acquired by Hyperblock (Feb 26, 2018)

View BitCity's full profile

BitCity got acquired by Hyperblock on Feb 26, 2018 at an acquisition amount of $*****.

Click here to take a look at BitCity's acquisition in detail

BitCity has not raised any funding rounds yet.

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Top competitors of BitCity include Bitdeer, Pi Network and Riot Platforms. Here is the list of Top 10 competitors of BitCity, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Bitdeer 2013, Singapore (Singapore), Public	Developer of pool mining solutions for cryptocurrency	$12M	Genimous Technology, Tether & 1 others	69/100
2nd	Pi Network 2019, Palo Alto (United States), Seed	Provider of blockchain-based platform offering to mine coins	-	137 Ventures, Ulu Ventures & 1 others	68/100
3rd	Riot Platforms 2000, Castle Rock (United States), Acquired	Platform offering bitcoin mining solutions	-	Fidelity Investments, BlackRock & 9 others	62/100
4th	Core Scientific 2017, Bellevue (United States), Acquired	AI and blockchain-based infrastructure and software solutions	$49M	Apollo Global Management, BlackRock & 5 others	61/100
5th	Rated 2020, London (United Kingdom), Acquired	Validator rating platform for Beacon chain	$15.3M	Archetype, Chorus One & 7 others	59/100
6th	DMG 2016, Vancouver (Canada), Public	Blockchain and cryptocurrency mining platform	$172K	Plug and Play Tech Center, Pyfera Growth Capital ... & 3 others	59/100
7th	Bitfarms 2017, Toronto (Canada), Public	Cloud mining solutions for cryptocurrency	-	Vermögensclub, Sadis & 1 others	59/100
8th	Genesis Digital Assets 2021, New York City (United States), Series D	Provider of profitable bitcoin mining operation services	$556M	Paradigm, Ribbit Capital & 7 others	57/100
9th	BitFuFu 2020, Shanghai (China), Public	Cloud mining platform for cryptocurrencies	-	BITMAIN	56/100
10th	NiceHash 2014, Maribor (Slovenia), Unfunded	Cryptocurrency mining pool.	-	-	49/100
94th	BitCity 2017, Toronto (Canada), Acquired	Platform offering cryptocurrency mining services	-	-	26/100