In early 2024, a U.S.-based company backed by a prominent Private Equity group came to MiningStore with a simple ask: Rack space. Fast.
With operations spread across the country, they were seeking a Bitcoin Mining hosting provider that could execute large deployments quickly, reliably, and transparently, and adapt to the evolving needs of a growing institutional mining portfolio.
What started as a 700-machine deployment in April 2024 quickly turned into something much bigger.
Despite the nuance of large-scale deployment, we guaranteed a seamless launch by aligning on speed, operational visibility, and transparency. This delivery of excellence fostered continuous growth, leading the client to scale to over 3,200 miners across our Iowa-based facilities by April 2025.
In June 2022, the client scaled up their investment, deploying 58 more machines hosted at our Iowa facility. They chose MiningStore again due to our seamless purchasing process and a customer success team that ensures straightforward technical execution.
Over 12 months, the client achieved rapid, risk-managed growth guided by a focus on operational efficiency and trusted vendor partnerships. The clear result: MiningStore became their primary partner for all U.S. Bitcoin mining growth strategies from the very first deployment.
Our strong partnership led to rapid investment scaling: 110 machines were added in July, followed by a $1.9M hardware purchase (1000+ machines) in August 2022. Consistent precision and transparency confirmed MiningStore as their preferred long-term host.
As of April 2025, the Bitcoin mining landscape faces new variables, including customs slowdowns and ASIC import uncertainty. While most US miners adjust deployment tempo, the client’s trust in MiningStore remains firm, fueling their commitment to building long-term, infrastructure-backed mining capacity.
Recognizing the need for full control and long-term success, the client evolved their strategy to include infrastructure ownership. Key objectives were: lowering power costs, gaining operational control, securing expansion room, and purchasing land within an Opportunity Zone.
As of April 2025, with BTC stabilizing near $92,000 and institutional adoption surging, Bitcoin mining has entered a period of strong growth. The client’s forward-thinking shift from simple hosting to full infrastructure ownership has perfectly positioned them to capture this market momentum.
