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Crypto Mining Operations

Turning Electricity into Bitcoin —
How Bitcoin Mining Works

Mining is how new crypto is created. High-powered computers validate transactions on the blockchain. In return, miners earn Bitcoin—automatically, 24/7. It’s a way to generate daily crypto payouts by converting electricity and hardware performance into Bitcoin.

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Why Do People and Companies Start Mining?

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Accumulate BTC at a Lower Price Than Buying It

Mining lets you accumulate Bitcoin by producing it yourself, often at a lower effective cost than buying it outright. It’s a long-term strategy that gives you full control and ownership of your crypto.

Write Off Your Hardware and Electricity

Your mining equipment can qualify for up to 100% tax depreciation in year 1, reducing your taxable income - Consult your professional advisor for your specific situation.

Resell Hardware to Recapture Value

Mining hardware holds resale value and can often be sold on the secondary market when you upgrade or exit. This gives miners flexibility and the potential to recover a portion of their initial costs.

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A majority of the power that our mining operations use is sourced from hydroelectric and other renewable energy sources, helping reduce environmental impact while maximizing operational efficiency over the long term
Powered by the Bonneville Power Administration’s hydroelectric facilities, we use surplus renewable energy to stabilize the grid and lower operational costs.
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Benefits

How Mining Works

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1. Specialized Machines Do the Work

Similarly to how Visa processes credit card transactions, Bitcoin requires high-powered computers to validate transactions on the blockchain.

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2. The Network Pays You in Crypto

When a machine confirms a block of transactions, the network rewards it with newly issued cryptocurrency and transaction fees—paid out automatically.

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3. Consistent Bitcoin Flow, Hands-Off Operation

Your hardware runs 24/7, generating Bitcoin over time. With Pickaxe handling the setup and management, you receive daily payouts without having to lift a finger.

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Comparison

Mining on Your Own vs With Pickaxe Data Centers

2 mining rigs
Setup Costs
Time to Operate
Energy Rates
Ongoing Maintenance
Resale Support
Risk of Downtime
Tax Benefits
Self Mining
Setup Costs
$250,000+ for infrastructure setup alone, then $5k+ per unit
Time to Operate
Months to years
Energy Rates
Variable and expensive
Ongoing Maintenance
You manage everything
Resale Support
Find buyers yourself
Risk of Downtime
High without expertise
Tax Benefits
Complicated
Premium Hosted Mining
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Setup Costs
$0 for infrastructure setup, $25,000+ for 5 unit intial purchase
Time to Operate
Start mining in days
Energy Rates
Fixed low-cost energy
Ongoing Maintenance
Expert-run with 24/7 oversight
Resale Support
Professional resale support
Risk of Downtime
95-99% uptime guarantee
Tax Benefits
Simple: Large first-year depreciation + operating offsets.

*Disclaimer*
Pickaxe Crypto Mining does not sell or offer investment products or financial advice. Our services are limited to the sale of crypto mining equipment and hosting solutions. Estimated monthly production is rounded based on the production numbers of Jan 2025 performance history via the Nicehash profitability calculator and a Bitcoin price of $106,000. Production is subject to change. Cryptocurrency mining and trading are inherently volatile, and returns are subject to market fluctuations, network conditions, and other external factors. Pickaxe does not guarantee earnings, estimated returns, or profit estimates to be accurate as they are subject to change based on daily market price fluctuations, difficulty, Block Luck, estimated equipment lifespan, and other factors. Customers should conduct their own research and consult with a qualified advisor before engaging in cryptocurrency-related activities.

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How To Get Started

How To Get Started

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Step 1
Submit Your Information

Fill out a quick form so we can understand your goals and help you choose the right mining setup.

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Step 2
Choose Your Hardware

Pick from top-tier mining machines, fully owned by you. We’ll walk you through the best options for performance and budget.

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Step 3
We Deploy & Manage It

Your equipment is installed in one of our secure facilities with 24/7 power, cooling, and monitoring—handled entirely by our team.

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Step 4
Receive Daily Bitcoin Payouts

Once your hardware is live, it begins generating Bitcoin. Payouts are sent directly to your wallet based on mining output.

See What Our Clients Are Saying

Testimonials
minig hardware ether
After an exhaustive research session, I decided to put my trust in this company. I first ordered rigs to host on my own - and quickly realized the benefit of having them hosted was much greater. They are every single thing you'd want in not only business, but especially a business dealing with crypto. The support team is great.

Pickaxe Client
01/03
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Testimonials
bitcoin light coins mining currency
Couldn’t go with a better hosting and mining company. They took the time to educate me on the different miners, different coins. They held my non tech savvy hand when it came to moving my crypto from the wallet to my actual bank account.. 10 stars if I could give them that.
02/03
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Testimonials
hardware bitcoin
Extremely trustworthy. Support, responsiveness and a quality service being offered. I naturally was skeptical, as anyone should be with something crypto related. After speaking with them and doing some homework, I committed to buying two units.. All has gone according to plan. If anyone is looking for a host, look no further.
03/03
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What makes us who we are?

What Makes Us Different?

Fixed-Rate Energy Contracts

Stable pricing, no surprises. Hosting clients pay a flat electricity rate locked in by contract, protecting against market volatility.

Prime Location Data Centers

State-of-the-art U.S. facilities engineered for efficient cooling, low operational costs, and maximum uptime to support mining at scale.

Lower Costs, Higher Efficiency

Our infrastructure reduces energy waste and operating expenses—so more of your power goes directly into generating Bitcoin.

On-Site Technicians, Uptime Guarantee

Our facilities are staffed with experienced technicians to monitor and maintain your hardware around the clock—maximizing uptime.

Frequently Asked Questions

How do I get started with mining?
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Getting started is simple: reach out to us to purchase your mining equipment and we handle everything else—from setup to daily operations.

Who manages the setup and maintenance of my miners?
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We take care of everything—from installation and monitoring to maintenance and on-site repairs—so you never have to manage hardware or hire technical staff.

Where are the miners located?
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Your miners are hosted across our U.S. facilities, including locations in Mississippi, Washington, and Texas. Each site is strategically selected for its reliable infrastructure, favorable climate, and access to cost-effective or renewable energy sources.

What kind of energy powers the mining operations?
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We source energy through a mix of grid and renewable power providers under fixed-rate agreements. This approach helps keep mining costs stable while supporting more sustainable operations.

How reliable is the mining uptime?
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We maintain high uptime—typically between 95–99%—thanks to around-the-clock monitoring and fast on-site support, keeping your equipment running with minimal downtime.

How do I receive my Bitcoin earnings?
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You control your payout schedule—daily, weekly, or monthly—with earnings sent directly to your preferred Bitcoin wallet from the mining pool you select.

Can I resell my equipment later?
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Yes. While market conditions vary, mining equipment may retain a significant portion of its value after the first year. If you choose to upgrade or exit, we offer optional resale assistance to help you navigate the secondary market.

Are there any tax advantages to hosted mining?
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Yes. Mining hardware may qualify for 100% first-year depreciation through Section 179 or bonus depreciation, which can offer a potential tax benefit depending on your business structure and tax situation. Please consult your tax advisor to determine eligibility.

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Start Your
Mining
Operation

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