Miningstore Logo

About MiningStore

Supporting the Bitcoin ecosystem by bringing mining to the masses

MiningStore's Story

MiningStore is a U.S. based mining company that has been mining cryptocurrencies for over Six yearsBeginning with a 300 GPU setup and mining over 500 Ethereum per day, we’ve seen the industry develop and quickly weed out inefficient and expensive mining operations. The result of 2018’s bear-market was an opportunity to analyze and fortify our mining strategy, leading us to redirect our infrastructure towards mobilized deployments, allowing us to seek out extremely low-cost stranded or excess energy. Since our first mobile mining container deployment in December of 2018, we’ve established strong partnerships with North American utility providers and are actively deploying infrastructure to various power sites.

"We convert energy to wealth by offering trusted Bitcoin mining solutions through low-cost sustainable energy sources."

ABOUT MININGSTORE

MiningStore Highlights

30 MW

Mining Pipeline Capacity

5

Active Mining Sites

300 +

Clients Supported

About MiningStore

"Our vision is to build a holistic ecosystem of solutions that provide economic freedom and stability by continuously deploying world-class mining facilities and bringing Bitcoin to the masses"

An open financial system is one that is not controlled by any one country or company (just like the internet did for distributing information). We think this is the highest leverage way to bring about more economic freedom, innovation, efficiency, and equality of opportunity in the world. We have a plan to get there.

  • Imagine if every payment in the world was as fast, cheap, and global as sending an email.
  • Imagine if anyone who had an idea for a product could have customers all over the world from day one.
  • Imagine if anyone with a smartphone had access to the same financial services we enjoy in the developed world.

An open financial system can be a great equalizer and lift billions out of poverty while accelerating the pace of innovation around the world. This is the best way we know to change the world.

MiningStore

Timeline

JP Baric


 Purchased his first Bitcoin

2013

MiningStore founded


with $100k seed
investment

2016

MiningStore surpasses


$700k in hardware
sales

2017

MiningStore constructs


1MW mining data
center (self-funded)

2018

MiningStore surpasses


$2M in hardware
sales & hosting revenue

2018

MiningStore constructs


5.4MW mining data center in Iowa

2019

MiningStore surpasses


$6.6M in total revenue

2019

MiningStore launches



Managed Mining Program (MMP) and generates $500k revenue in 1st month

2020

Results


Developed and deployed a MiningStore-owned and managed 5MW Bitcoin mining facility in St.Anthony, Iowa

2021

MiningStore Launches


 

BitVault Influencer Program

Partnerships with crypto-savvy influencers to help bring Bitcoin mining to the masses. We worked with Josh Terry to raise over $600k for Bitcoin mining from the public with an average investment size of $600 USD
 
2022

Results


Deployed a MiningStore-owned and managed 5MW Bitcoin Mining Facility in May City, Iowa, in February

Deployed a MiningStore-owned and managed 5MW Bitcoin Mining Facility in Lake Port, Iowa, in October

Deployed a Client Owned and MiningStore-managed 5MW Bitcoin Mining Facility in Iowa, in October

2023

Intel Briefing

Signup for the Miningstore newsletter and get industry news and pro tips Weekly