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, new generation mining machines, institutional custody, monthly distributions, low-cost power, and more.
The only upfront cost is the purchase of the mining machines. Everything else is taken out on the backend from the monthly reconciliation of the custody account.
Book a Call or email jordan.german@live.miningstore.com for a profitability breakdown based on current mining profitability levels. All fees and power costs are taken from the total mining revenue before distribution is sent to you wallet.
Management Fee: 7.5% of revenue
Performance Fee: 20% of net profit
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.
On average, MiningStore is able to receive miners within 2-weeks after ordering.
It is very important to own your hashrate in the Bitcoin mining industry. You own the miners and the serial numbers (which you will be sent) of your machines are tied to your investment.
On average, mining machines can run for 5 years before either becoming obsolete or physically breaking down. Thanks to MiningStore’s low electricity costs, miners at our facility often last 1-2 years longer compared to facilities with higher electricity costs.
MiningStore only allows brand-new, top-line Bitcoin mining servers into the MMP. We are exclusively adding Whatsminer M60S or newer miners at this time.
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 sites utilize a mix of wasted wind power and traditional grid power. In Iowa, renewable energy produced by wind turbines provides 57% of the power needed in the state.