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Pickaxe Mining Operational

Own the machines that produce Bitcoin.

Buy a miner. We rack it in our US facilities and every Bitcoin it earns goes straight to your wallet.

Fleet monitor
27/27 online

Fleet hashrate

6.32PH/s

Owned

27×

S21 Pro

-24hnow

Daily production

Settled to your wallet

+0.0114

Title to hardware
100% yours
Operator share
0%

Your hardware · Your title · Your Bitcoin

Operating since

2021

Machines deployed

10,000+

Hosted power rate

$0.075/kWh

Revenue share

0%

01Why mine / Cost basis, ownership, hosting

Mining gets you Bitcoin below spot.

Here is what that costs per Bitcoin at today's difficulty.

0%

Revenue share

No cuts, no splits. Typical hosted mining keeps ~25% of what you mine.

Run your own numbers

Cost per Bitcoin acquired

Buying at $150K BTC scenario

$150,000

Your mining cost per BTC*

Below market*

Example machineAntminer S21+ Hyd
Hosting rate, all-in$0.075/kWh
Revenue share0%

*Hardware + electricity over 3 years at live difficulty with 30%/yr growth, before resale value and tax benefits. The $150K scenario matches the calculator's default and is not a prediction. Results vary. Run your own numbers on the calculator.

*Tax benefits depend on individual circumstances. Consult a qualified tax professional.

02Process / Hardware to first payout

How it works

You do step one. We do the rest.

  1. 01Day 0

    Pick a machine

    We size it to your budget.

  2. 02Week 2-3

    We rack it

    Installed, cooled, monitored.

  3. 03Daily

    You get paid

    BTC direct to your wallet.

03Hardware / Wholesale pricing, no minimums
S23 HydMines BTC
From$17,950

Pick your machine.

Bitmain's hydro-cooled flagship. Maximum hashrate, whisper-quiet.

Hashrate

580

TH/s

Best

Power

5,510

Watts

Efficiency

9.5

J/TH

Best

04Clients / 500+ operators, 10,000+ machines

Operators who already did this.

Rating

5.0

Active clients

500+

Machines deployed

10,000+

1/5
I was skeptical about hosted mining after a bad experience with another provider. Pickaxe has been completely different - transparent dashboard, real support from people who actually understand mining, and my machines have been running strong for over a year.

Real support from people who actually understand mining

Anthony S.

California

147 mixed units · 3 years

2/5
Started with just one machine to test them out. The team helped me understand pool selection, walked me through the tax implications, and never pressured me. Added two more units after seeing consistent performance.

Never pressured me

Eric S.

Florida

3 L9s · 16 months

3/5
We moved our entire operation to Pickaxe after our previous host shut down with 2 weeks notice. They handled the transition smoothly and our uptime has been better than what we had before. The 0% revenue share model means we actually keep what we mine.

0% revenue share - we keep what we mine

Jim H.

Nevada

68 mixed units · 4+ years

4/5
My accountant was skeptical at first, but the Section 179 deduction on the hardware made a real difference. Wrote off the full equipment cost in year one. The tax benefits significantly improved my ROI.

Wrote off the full equipment cost in year one

Marcus T.

Texas

24 S21 Pro · 11 months

5/5
Eddie took the time to answer all my questions before I bought anything. No pressure, just a thorough walkthrough of the costs, the risks, and what to realistically expect. That kind of honesty is hard to find.

Eddie took the time to answer all my questions

David L.

Colorado

12 mixed units · 2 years

05Frequently asked / Ownership, fees, payouts

Questions worth asking.

Direct answers on ownership structure, fees, payouts, and operational contingencies. Nothing hidden in fine print.

Most repairs can be done in-house by our on-site technicians, getting your machine back online quickly. For warranty claims, we coordinate directly with manufacturers on your behalf. There are tech fees for repairs (it's a real cost we incur), but having repairs done locally saves significant time versus shipping machines across the country.

Mining rewards are sent directly to your personal wallet. For Bitcoin mining, payouts typically occur daily once you reach the pool's minimum threshold. You maintain full custody of your coins at all times.

You pay a monthly hosting fee that covers electricity, facility costs, and 24/7 monitoring. Our current rate is $0.075/kWh all-in. There are no hidden fees, management fees, or revenue shares - you keep 100% of what you mine.

You own your hardware outright and can sell anytime - we can help facilitate the sale. For relocating equipment, note that to secure low-cost electricity rates and rack space, we require 1-year term contracts for hosting.

For in-stock equipment, setup usually takes 2-3 weeks. Custom orders or large deployments may take longer depending on manufacturer lead times.

You own your hardware outright - it's legally yours. In the unlikely event we close operations, your machines would be shipped to you or a location of your choice, or we'd help facilitate a sale. We're not a cloud mining or contract scheme - you have a real physical asset.

Our dashboard shows real-time hashrate, uptime, and earnings pulled directly from the mining pool. You can also verify independently by logging into your pool account - the hashrate reported should match. No black box.

There's no strict minimum, though most clients start with a small batch of 3-5 machines. That's enough to see meaningful production, smooth out day-to-day variance, and get a real feel for the operation before scaling up. Many of our largest clients began exactly this way.

We accept wire transfers, Bitcoin, and other major cryptocurrencies for equipment purchases. For hosting fees, we also accept credit cards. For larger orders, we can discuss payment terms.

Absolutely. Many clients start small and scale up over time. We have ongoing rack space available and can accommodate growth. Just reach out when you're ready to expand.

It depends on the hardware. SHA-256 machines (like the Antminer S21) mine Bitcoin. Scrypt miners (like the L9) mine Litecoin and Dogecoin. We also support Zcash miners and other algorithms. Let us know what you're interested in and we can recommend the right equipment.

07Contact / Talk to the operators

Let's get you mining.

Questions? Ready to get started? We're real miners, not a sales team.

Mining results vary based on Bitcoin price, network difficulty, and other factors. Past performance does not guarantee future results. Tax benefits depend on individual circumstances; consult a qualified tax professional. This is not financial, tax, or legal advice.