We are incentivized to maximize your returns through our simple profit sharing model.
Our passion for bitcoin mining is the secret to your success
MININGSTORE MANAGED MINING
White-glove services that make it faster and easier than ever to start Mining Bitcoin.
MANAGED MINING KEY BENEFITS
Our proven path to your Mining success
Our prime broker enables us to provide secure custody to store your mined coins.
Generate Discounted BTC
Leverage our economies of scale to accumulate bitcoin at a steep discount.
Best in Class Rates
You gain access to industry leading prices on ASIC hardware & energy.
Reduce Volatility Risk
Start 24/7 dollar cost averaging (DCA) into a long-term bitcoin position.
Receive mining profits each month within a jointly-managed account structure.
MANAGED MINING PROCESS
Hassle free investing with a finely-tuned process
Our team will discuss options with you and then secure the machines that best suit your budget, timeline, and operational needs. You’ll receive an invoice and purchase agreement for the hardware.
Vendors in the Mining industry require full upfront payment in order to lock in order terms due to rapid changes in availability and market prices, so it’s best to execute the purchase agreement as quickly as possible.
Once the purchase is complete, our team will provide an ETA for the machines to arrive at the site and begin the onboarding process so that your account will be fully set up before mining begins.
When your machines are deployed, you’ll receive a link where you’ll be able to monitor your Mining activity on an ongoing basis. Our on-site technicians will also be monitoring your machines and doing their best to keep them running optimally 24/7.
At the end of each full calendar month that you are Mining, you’ll receive a monthly report which details the revenue generated, any associated fees, and your overall profit which will be deposited into your personal BTC wallet.
A Green, Sustainable Approach
Our environmentally conscious approach to securing the Bitcoin network utilizes 70% sustainable, renewable energy sources.
MANAGED MINING FREQUENTLY ASKED QUESTIONS
Managed Mining Program FAQ
The Managed Mining Program (MMP) is MiningStore’s flagship service. Performed within a managed account structure, the MMP is the fastest and easiest way to generate discounted Bitcoin through mining, without the hassle of trying to do it on your own. The MMP is completely white-glove; through a simple profit-sharing structure, MiningStore is highly incentivized to run your machines like they are our own. The program includes access to our highly advanced mining data center, low-cost and readily available mining machines, institutional custody, monthly distributions, at-cost power, and more.
The only upfront cost you bear is the cost of the mining machines. Everything else is taken out on the backend from the monthly reconciliation of the custody account
Management Fee: 7.5% of revenue
Performance Fee: 20% of net profit
- Exclusive access to our highly advanced mining POD infrastructure. This includes rack space, electrical step-down, cooling, and land
- At-cost power (4.3 cents per kWh)
- 24/7 monitoring and management through our on-site technicians and asset management software stack
- Machine procurement from one of our verified mining vendors
- Machine installation and configuration
- Pool and custody account setup
- Free replacement parts
- Monthly distributions and financial reports
- Hardware liquidation assistance
Through our institutional custodial partner, MiningStore creates an individual custody account for each MMP client. Mining rewards will be deposited into the account daily but distributions are made monthly. At the end of each month, MiningStore will reconcile the account to cover the management fee and power cost. After these are taken out we distribute your 80% profit-share to the Bitcoin wallet of your choice. Additionally, we send a financial report showing an overview of the mining activities and a line-by-line breakdown of the charges.
- After deciding on the investment amount, MiningStore will send a Managed Mining service agreement, a purchase contract, and a payable invoice with wiring instructions.
- After MiningStore has received funds we will begin the machine procurement process.
- After the machines have been procured, you will receive an email from MiningStore’s Head of Customers support updating you on your machine delivery timeframe and requesting your Bitcoin address.
- Once the machines arrive on-site, MiningStore will install and configure them within 24-72 hours.
- After the full first month of mining, MiningStore will reconcile your custody account and process your first distribution.
On average, MiningStore is able to receive and configure mining servers 4-weeks after procurement.
It is very important to own your hashrate in the Bitcoin mining industry. You own the machines; the serial numbers (which you will be sent) of your machines are tied to your investment.
On average, mining servers can run for 5-7 years before either becoming obsolete or physically breaking down.
MiningStore only allows brand-new, top-line Bitcoin mining servers into the MMP.
All new Bitcoin miners come directly from China. MiningStore works with multiple verified mining vendors who handle all import and shipping processes.
MiningStore has established strong relationships with multiple insurance providers who can offer coverage on your machines. Their contact information can be found in the Managed Mining data room.
Our flagship facility located in Grundy Center, Iowa utilizes a mix of wasted wind power which is generated on-site and traditional grid power.