Entrex and BUILD Manufacturing launch franchised Bitcoin mining network

Entrex and BUILD Manufacturing have launched a nationwide franchised Bitcoin mining network after filing a franchise exemption application in Florida. The model lets local operators run mobile mining sites powered by natural gas while Entrex evaluates successful locations for possible acquisition.

Why it matters: - The new model ties Bitcoin mining to natural gas production, including gas that might otherwise be flared or left shut in. - Entrex gains a pipeline of operating sites it can evaluate for acquisition if they show reliable uptime and positive cash flow. - Franchisees get a path to build and operate a mining business with a potential buyer for the operation under agreed terms.

What happened: - Entrex and BUILD Manufacturing announced the launch of a nationwide franchised Bitcoin mining network. - The companies filed BUILD’s Franchise Exemption Application with the Florida Department of Agriculture and Consumer Services. - The announcement was made in Boca Raton, Florida, on November 10, 2026.

The details: - Under the BUILD model, franchisees develop and operate their own mining sites. - BUILD manufactures, installs and services the equipment. - Entrex evaluates franchise sites for possible acquisition once they demonstrate consistent uptime and cash flow. - Each 20-foot mobile data center can house up to 96 Bitcoin mining processors in a tandem-axle trailer. - At a suitable well site, the unit can use gas that might otherwise be flared or left shut in to generate power for the mining facility. - Before any potential purchase by Entrex, the franchisee holds title to the data center and receives the mining proceeds. - If the franchisee owns the gas, the agreement calls for a gas fee equal to 20% of unit revenue while the data center operates at the well after acquisition. - BUILD said it is targeting oil and gas regions in Texas, Oklahoma, Louisiana, Ohio, Pennsylvania and Alabama for expansion. - BUILD is working with the BUILD Foundation to train, credential and place technicians who assemble, commission and maintain distributed data centers. - The BUILD Foundation is a Florida nonprofit corporation with federal tax-exempt status under Section 501(c)(3).

Between the lines: - The structure resembles a franchise-to-acquisition pipeline, with local owners bearing early operating risk and Entrex stepping in later on proven assets. - Stephen H. Watkins said the model draws on lessons from Blockbuster Video, where local franchise operators helped the chain scale quickly. - Watkins said the goal is to let gas producers monetize underused wells, earn mining revenue and have a possible buyer for the operation.

What's next: - BUILD plans to expand further into oil and gas regions across the six-state target list. - The company also plans to continue building out technician training and placement through the BUILD Foundation. - Entrex aims to grow a North American portfolio of cash-flowing mobile Bitcoin mining facilities through future acquisitions.

The bottom line: - Entrex is trying to turn Bitcoin mining into a distributed, franchised energy business, with local operators feeding a pipeline of acquisition-ready assets.