Wattum
Wattum Management Inc. is a Miami-based Bitcoin mining infrastructure company providing ASIC distribution, multi-site hosting, custom mining containers, and Wattum OS management software to 3,000+ enterprise and retail miners worldwide.
- Company typePrivate
- Founded2017
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Wattum does
Wattum Management Inc. is a Miami-headquartered, Florida-incorporated Bitcoin mining infrastructure company founded in 2017 by Arseniy Grusha (with predecessor activities dating to 2015). The company operates across four interconnected lines: ASIC equipment distribution, hosting services, facility design and construction, and energy consulting. Its hosted customers include both enterprise-scale miners and long-tail participants, with the company reporting a base of more than 3,000 customers worldwide and a team of 90+ employees spread across offices in the United States, Argentina, China, Singapore, the UAE, Malaysia, and additional operations in New York.
The company's core product and technology stack combines authorized distribution of leading ASIC miners with proprietary infrastructure products. Wattum holds distributorship agreements with Bitmain, MicroBT, Canaan, and Innosilicon, and has facilitated more than $200 million in cumulative equipment sales. Its proprietary hardware includes a custom 40-foot mining container rated at 1.3 MW and accommodating 324 ASICs, the Antbox N5 V2 deployment unit (745 kW, 207 ASICs), and a 3000 kVA power transformer. The Wattum OS software platform provides hashrate monitoring, heatmap visualization, and power monitoring for hosted operations. The company operates nine mining and hosting facilities across the United States, with hosting priced at $0.075-$0.079/kWh.
Wattum's revenue mechanics are anchored in three streams: equipment resale margins on multi-million-dollar ASIC orders, recurring hosting fees across the nine-facility portfolio, and project-based facility design and energy consulting engagements. Notable commercial milestones include a $35 million equipment purchase agreement with Integrated Ventures, a $2 million joint venture with Enegix in Kazakhstan, and a partnership with EZ Blockchain. The customer base spans entities such as Blockfusion, Allrise Capital, and US Bitcoin on the enterprise side, alongside a long tail of small and mid-sized miners purchasing equipment and hosting through the company's distribution and operations channels.
Wattum firmographics
Firmographics- Name
- Wattum
- Legal name
- Wattum Management Inc.
- Website
- https://wattummanagement.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Wattum Management Inc. is a Miami-based Bitcoin mining infrastructure company providing ASIC distribution, multi-site hosting, custom mining containers, and Wattum OS management software to 3,000+ enterprise and retail miners worldwide.
- Ownership category
- akta.pro rank
Wattum industry classification
Industry- Product category
- Cryptocurrency Mining Infrastructure
- NAICS
- Electrical Contractors and Other Wiring Installation Contractors (23821)
- akta.pro primary industry
- Mining Hosting, Colocation & Managed Facilities (FSADAOAE)
- akta.pro secondary industry
- Power Distribution & Switchgear (UPS, PDUs, Busway) (HDABAKAA)
Keywords
Where Wattum is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices8 records
Markets served
Wattum business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Equipment Sales: Sale of Bitcoin mining ASICs (Antminer, Whatsminer series), mining containers, transformers, and bundled solutions. Equipment sales represent the primary revenue stream with over $200M in cumulative equipment sales.
- Hosting Services: Colocation and hosting services for mining equipment at multiple US facilities with 24/7 management, monitoring, and maintenance. Pricing at $0.075-$0.079/kWh depending on facility and cooling method.
- Facility Design and Build-out: Full-service facility design, construction, and management for cryptocurrency mining operations, including site scanning, CAD design, 3D rendering, equipment procurement, and custom buildouts.
- Energy Consulting and JV Facilitation: Wattum Energy division provides consulting services for Bitcoin mining ventures, facilitating connections between miners and landowners near power grids. Revenue from power purchase agreement mediation (1-3%), land acquisition (5%), management services (20%), equipment procurement (5-10%), and consulting at $350/hour.
- Flexible Payment Plans: Financing options for equipment purchases with over $5M in financed equipment sales, enabling customers to acquire mining hardware through payment plans.
- B2B Broker Services: Elite B2B Broker Services allowing businesses to buy and sell excess mining inventory utilizing Wattum's network of clients and partners.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Texas 1 Hosting - Air-Cooled |
| Usage-based | Pay-as-you-go | Texas 2 Hosting - Immersion-Cooled |
| Usage-based | Pay-as-you-go | South Carolina Hosting - Air-Cooled |
| Unit Pricing | One time/ perpetual license | Antbox N5 V2 Container 20' |
| Other | Pay-as-you-go | Energy Consulting Services |
| Transaction based/ take rate | Pay-as-you-go | Power Purchase Agreement Mediation |
| Transaction based/ take rate | Pay-as-you-go | Land Acquisition Mediation |
| Transaction based/ take rate | Pay-as-you-go | Construction/Electrical Supply Procurement |
| Transaction based/ take rate | Pay-as-you-go | Bitcoin Mining Hardware Provision |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels5 records
Wattum product offering
Product offeringCore offering
Wattum distributes Bitcoin mining hardware (ASIC miners, mining containers, power transformers) and bundles, supported by its proprietary Wattum OS monitoring software. The company also provides colocation hosting services across 9 US facilities, full-service mining facility design and construction, and energy consulting through its Wattum Energy division to connect miners with landowners and power sources.
Product overview
Wattum is a complete Bitcoin mining solutions provider offering an integrated portfolio of hardware, software, and services. The core offering includes ASIC miners (Antminer Series and Whatsminer Series), mobile mining containers (40-ft container and Antbox N5 V2), power transformers (3000 kVA), and bundled packages combining these components. Supporting the hardware portfolio is Wattum OS, a mining management software platform providing monitoring, remote control, and equipment tuning capabilities. The company also provides colocation hosting services across 9 facilities in the USA, facility design and buildout services, and energy consulting through Wattum Energy to connect miners with cost-effective power sources. This integrated approach enables Wattum to serve customers from equipment procurement through complete turnkey mining operations.
Differentiator
Problem solved
Functional benefit
Products and services
- Antminer Series Bitmain's S21 series ASIC miners offering high hashrate and competitive efficiency for Bitcoin mining, including S21 Hydro, S21, and S21 Pro models, sold as authorized distributor to enterprise and retail miners.
- Whatsminer Series MicroBT's Whatsminer ASIC miners featuring low power consumption, high computing power, and 4+ year lifespan for Bitcoin mining operations, sold as authorized distributor to enterprise and retail miners.
- 40-ft Mining Container Wattum's proprietary mobile mining container solution with 1.3 MW capacity holding up to 324 ASIC devices at 3.5 kW each, featuring 294,280 cfm cooling power, UL/CSA certified electrical components, and operational range from -13°F to +104°F.
- Antbox N5 V2 Container 20-foot HQ mobile mining container distributed by Wattum with 745 kW capacity, supporting up to 207 ASIC units with heat recovery and advanced cooling system, priced at $95,000.
- 3000 kVA Transformer Three-phase pad-mounted distribution transformer with 3000 kVA rated capacity, 13,800V high voltage input, 415Y/240V low voltage output, meeting CSA NEMA, IEEE, ANSI standards and DOE regulations, designed to power mining containers.
- Container Bundle Combined package including 40-ft container, Antminer S19 miners, and 3000 kVA transformer for complete mobile mining operations, sold as a ready-to-deploy bundle.
- Antbox Bundle Complete package with Antbox container, ASIC miners, and power infrastructure for scalable mobile mining operations, sold as a turnkey bundle.
- Wattum OS Wattum's proprietary mining monitoring and management software providing hashrate monitoring, heatmap monitoring, power monitoring, easy setup, bulk setup, remote reboot, auto updates, and equipment tuning capabilities for mining operations.
- Mining Hosting Colocation and hosting services for mining equipment at 9 facilities across the USA offering air-cooled and immersion-cooled options with 24/7 management, monitoring, and maintenance, priced at $0.075-$0.079/kWh depending on facility and cooling method.
- Mining Facility Design & Management Full-service mining facility solutions including design concept, data center management, equipment supply, site scanning, CAD design, 3D rendering, and custom buildouts for cryptocurrency mining operations.
- Wattum Energy Consulting Bitcoin mining ventures consultant connecting miners with landowners near underutilized power grids, providing site identification, utility negotiation, and facility buildout services, plus energy consulting at $350/hour with 100-hour minimum retainer, and revenue from PPA mediation (1-3%), land acquisition (5%), management services (20%), equipment procurement (5-10%).
- Elite B2B Broker Services B2B broker service allowing businesses to buy and sell excess mining inventory utilizing Wattum's network of clients and partners, generating transaction-based fees.
Quantifiable outcome
- 97%+ uptime maintained across all facilities
- +4 more outcomes
Companies that use Wattum
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles4 records
Wattum technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Wattum partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and flagship.
- EZ BlockchaincorePartnership with EZ Blockchain, a crypto facility design and construction company based in Chicago, for colocation availability at Georgia Bitcoin mining facility.
- EnegixflagshipJoint venture partnership to build a mining facility in Kazakhstan with 16MW capacity. Wattum and Enegix committed $2 million investment to the enterprise.
- Integrated VenturescoreMulti-year colocation and hosting agreement for cryptocurrency mining services. Integrated Ventures purchased $35M worth of mining equipment through Wattum.
- BitmainflagshipBitmain is the manufacturer of Antminer ASIC miners. Wattum is an authorized distributor of Bitmain products including Antminer S21 series, S19 series, and Antbox containers.
- MicroBTflagshipMicroBT is the manufacturer of Whatsminer ASIC miners. Wattum distributes MicroBT Whatsminer series products.
- CanaancoreCanaan is a manufacturer of Bitcoin mining hardware. Wattum carries Canaan products as part of their equipment distribution.
- InnosiliconcoreInnosilicon is a manufacturer of cryptocurrency mining hardware. Wattum distributes Innosilicon products.
Scale indicators14 records
Recent moves12 records
Expansion highlights5 records
Wattum competitors and assessment
Company assessmentDirect peers
- Compass Mining: Compass Mining is a direct peer — a Bitcoin mining hosting marketplace and equipment reseller serving both retail and enterprise miners across multiple US facilities. Wattum and Compass overlap on hosting, equipment distribution, and facility build-outs for institutional and retail customers.
- Foundry (Digital Currency Group): Foundry is a direct peer offering mining pool services, equipment financing, and hosting/colo infrastructure for institutional Bitcoin miners in North America. It overlaps with Wattum's enterprise hosting, equipment distribution, and miner services businesses.
- Genesis Mining: Genesis Mining is a direct peer in cloud and colocation mining services, selling hosted hashrate contracts and operating mining facilities. It competes with Wattum on hosting, though historically oriented more to retail customers.
Broad incumbents
- Bitfarms: Bitfarms is a publicly-traded Bitcoin mining operator with vertically integrated self-mining operations across North America and South America. It is a broader incumbent — overlapping on multi-MW US hosting footprint but focused on self-mining rather than third-party distribution.
- Marathon Digital Holdings: Marathon Digital is one of the largest publicly-traded Bitcoin mining operators with a multi-gigawatt pipeline. It is a broad incumbent that overlaps Wattum on US hosting geography but operates at much larger scale and pursues self-mining rather than distribution.
- Riot Platforms: Riot Platforms is a large publicly-traded Bitcoin mining operator with multi-hundred-MW Texas capacity. It is a broad incumbent — competing for hosting customers in the same US geographies as Wattum but as a vertically integrated miner rather than a distributor/host.
- CleanSpark: CleanSpark is a publicly-traded Bitcoin mining operator with expanding US capacity in Georgia, Mississippi, and Tennessee. It overlaps Wattum on US mining geography and infrastructure buildouts but is a self-mining operator rather than distributor.
- Hut 8 Mining: Hut 8 is a publicly-traded Bitcoin mining operator with Canadian and US facilities. It is a broad incumbent that competes for hosting demand and ASIC procurement but operates as an integrated miner rather than equipment distributor.
- Hive Digital Technologies: Hive Digital is a publicly-traded Bitcoin mining operator with Canadian and Swedish operations. It is a broad incumbent overlapping on hosting and mining infrastructure but oriented toward self-mining and HPC/AI compute rather than distribution.
- Galaxy Digital: Galaxy Digital is a diversified crypto financial services and mining platform with significant Bitcoin mining operations. It is a broad incumbent overlapping Wattum at the intersection of mining infrastructure and institutional crypto services, but with a much larger capital base and broader business mix.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Wattum social profiles
Digital presenceWattum financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wattum leadership team
Management profileNumber of profiles
Profiles1 record
Wattum funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wattum M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wattum
What does Wattum do?
Wattum distributes Bitcoin mining hardware (ASIC miners, mining containers, power transformers) and bundles, supported by its proprietary Wattum OS monitoring software. The company also provides colocation hosting services across 9 US facilities, full-service mining facility design and construction, and energy consulting through its Wattum Energy division to connect miners with landowners and power sources.
Is Wattum a public or private company?
Wattum is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Wattum founded?
Wattum was founded in 2017. It employs 11 to 50 people.
Where is Wattum based?
Wattum is headquartered in New York, United States, in the North America region.
How does Wattum make money?
Six revenue lines are on record. Equipment Sales are the primary driver. The others are hosting Services, facility Design and Build-out, energy Consulting and JV Facilitation, flexible Payment Plans and B2B Broker Services.
Who are Wattum's main competitors?
Direct peers on record are Compass Mining, Foundry (Digital Currency Group) and Genesis Mining. Broad incumbents are Bitfarms, Marathon Digital Holdings, Riot Platforms, CleanSpark, Hut 8 Mining, Hive Digital Technologies and Galaxy Digital.
Does Wattum have an API?
No public API is recorded for Wattum.
What industry is Wattum in?
Wattum's product category is Cryptocurrency Mining Infrastructure. Its primary akta.pro industry code is FSADAOAE, Mining Hosting, Colocation & Managed Facilities, with a secondary code of HDABAKAA, Power Distribution & Switchgear (UPS, PDUs, Busway). Its NAICS code is 23821.