diff --git a/lbry/wallet/server/block_processor.py b/lbry/wallet/server/block_processor.py
index dac7b0f85..9c6f10682 100644
--- a/lbry/wallet/server/block_processor.py
+++ b/lbry/wallet/server/block_processor.py
@@ -1,6 +1,7 @@
 import time
 import asyncio
 from struct import pack, unpack
+from concurrent.futures.thread import ThreadPoolExecutor
 
 import lbry
 from lbry.schema.claim import Claim
@@ -145,6 +146,7 @@ class BlockProcessor:
         self.blocks_event = asyncio.Event()
         self.prefetcher = Prefetcher(daemon, env.coin, self.blocks_event)
         self.logger = class_logger(__name__, self.__class__.__name__)
+        self.executor = ThreadPoolExecutor(1)
 
         # Meta
         self.next_cache_check = 0
@@ -165,6 +167,7 @@ class BlockProcessor:
         self.state_lock = asyncio.Lock()
 
         self.search_cache = {}
+
     async def run_in_thread_with_lock(self, func, *args):
         # Run in a thread to prevent blocking.  Shielded so that
         # cancellations from shutdown don't lose work - when the task
@@ -173,7 +176,7 @@ class BlockProcessor:
         # consistent and not being updated elsewhere.
         async def run_in_thread_locked():
             async with self.state_lock:
-                return await asyncio.get_event_loop().run_in_executor(None, func, *args)
+                return await asyncio.get_event_loop().run_in_executor(self.executor, func, *args)
         return await asyncio.shield(run_in_thread_locked())
 
     async def check_and_advance_blocks(self, raw_blocks):
@@ -657,6 +660,7 @@ class BlockProcessor:
             self.logger.info('flushing to DB for a clean shutdown...')
             await self.flush(True)
             self.db.close()
+            self.executor.shutdown(wait=True)
 
     def force_chain_reorg(self, count):
         """Force a reorg of the given number of blocks.