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Protect your Mining Hardware

Equipment Insurance for Your Mining Hardware

Safeguard your mining equipment from fire, theft, and severe weather. With Pickaxe Equipment Insurance, your hardware  is protected up to the full original purchase price — clear, dependable coverage with no surprises.

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Comprehensive Coverage

Asic-Miner-Comprehensive-Coverage

Shield your hardware from the unexpected. Mine with confidence knowing your machines are protected against power surges, overheating, and other unforeseen risks. With the right coverage in place, you can stay focused on performance — not repairs — while minimizing downtime and avoiding costly setbacks.

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How It Works

If an accident occurs, you're covered up to the full value of your original purchase. You can choose to replace your miner with a model of equal value or apply the coverage as account credit — giving you the flexibility to decide what’s best for your operation.

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Pickaxe Plan Overview

Plan Details

Benefit Details

What's Covered

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Plan Details

Payment Frequency:

Yearly, or as part of Hosting Bill.

Contract Length:

Recurring annually based on start mining date.

Premium:

Based on initial purchase price of the machine.

Coverage Limits:

Initial purchase price of the machine.

Benefit Details

Replacement Cost Coverage:

USD equal to the Fair Market Value of your machine at the time of contract purchase or renewal, in case of accidental hardware damage.

Replace or Reimburse:

Customers can have their units repaired or replaced, or may receive reimbursement up to the value of the initial purchase.

Volatility Protection:

The miner protection amount holds constant for the entirety of the term, regardless of current market value.

What's Covered

Standard Hosting Plan:

Theft: Not covered

Fire: Not covered

Water: Not covered

Weather/Natural Disaster: Not covered

Nuclear Hazard, War, Governmental Action: Not covered

PickAxe Protection Plan:

Theft: Covered

Fire: Covered

Water: Covered

Weather/Natural Disaster: Not covered

Nuclear Hazard, War, Governmental Action: Not covered

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