Power Mining
Power Mining LLC is a Latvian manufacturer of portable, containerized cryptocurrency mining infrastructure — including 20ft/40ft ASIC containers, in-house EU-made Smart PDUs, components, and Bitaxe open-source miners — serving colocation providers, electricity suppliers, and mining investors globally.
- Company typePrivate
- Founded2017
- HeadquartersRiga, Latvia
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What Power Mining does
Power Mining LLC is a Latvian private company headquartered in Riga that designs and manufactures portable, containerized cryptocurrency mining infrastructure. Founded in 2017 and operating on a 1-10 person team, the firm builds custom 20ft and 40ft shipping-container data centers configured for ASIC mining — supporting Bitmain Antminer, Canaan Avalon, MicroBT WhatsMiner, and Innosilicon hardware — with integrated power distribution (1250A 3-phase input), hot/cold air zone isolation, ventilation, filters, and a 6-point temperature/humidity/power monitoring system integrated with Grafana. Its flagship 20ft ASIC-162 container accommodates up to 162 Bitmain S-class units at 600 kW, and the portfolio now includes a hydro-cooled container variant and, as of December 2025, containerized data centers designed to feed Bitcoin-mining residual heat into municipal district-heating systems (initial deployment capable of supplying up to 2,000 homes in a Scandinavian town).
The product portfolio extends beyond containers to in-house manufactured Smart PDUs (basic and intelligent versions, 12×C19 outputs, 3×63A input) using Schneider and ABB components, individual mining components (electrical distributions, G4/M5 panel filters, custom automation, shelving), and European-made Bitaxe open-source miners (NerdQaxe++ at ~4.8 TH/s and Bitaxe Gamma at ~1.1 TH/s). Services span consulting and on-site installation worldwide, ASIC/GPU miner hosting (colocation), and a Solo Mining Pool. The company holds CE certification for its containers.
The business model is primarily one-time hardware sales — base configuration priced at €34,999 for the 20ft container, with add-ons for surveillance, intelligent PDUs, and LAN — supplemented by lower-ticket e-commerce Bitaxe sales, component sales, hosting services, and consulting. Customers fall into three primary segments: ASIC/GPU colocation providers needing scalable modular infrastructure, electricity suppliers/power plants seeking to monetize surplus generation through mining, and mining investors seeking turnkey deployment without warehouse construction or permitting burden. Distribution is direct (website contact forms with a 24-hour response SLA, plus the Bitaxe e-commerce storefront) using standard container logistics — truck delivery within Europe and seaport delivery worldwide. The firm claims 100+ containers deployed across five continents, a 45-day average build time across 30+ completed projects, and a 96% customer satisfaction rate. Ownership is founder-controlled; no external institutional funding is disclosed.
Power Mining firmographics
Firmographics- Name
- Power Mining
- Legal name
- Power Mining LLC
- Website
- https://powerminingshop.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Power Mining LLC is a Latvian manufacturer of portable, containerized cryptocurrency mining infrastructure — including 20ft/40ft ASIC containers, in-house EU-made Smart PDUs, components, and Bitaxe open-source miners — serving colocation providers, electricity suppliers, and mining investors globally.
- Ownership category
- akta.pro rank
Power Mining industry classification
Industry- Product category
- Cryptocurrency Mining Infrastructure
- NAICS
- Mining Machinery and Equipment Manufacturing (333131), Support Activities for Mining (2131)
- SIC
- Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532), Construction, Mining & Materials Handling Machinery & Equip (3530)
- akta.pro primary industry
- Mining Hardware (ASIC/GPU) Manufacturing & Distribution (FSADAOAD)
- akta.pro secondary industries
- Mining Hosting, Colocation & Managed Facilities (FSADAOAE), Mining Infrastructure & Energy Procurement (Power, Cooling, Grid Services) (FSADAOAG), Cloud Mining & Hashrate Marketplace Services (FSADAOAC)
Keywords
Where Power Mining is headquartered
LocationHeadquarters
- HQ city
- Riga
- HQ country
- Latvia
- HQ region
- Europe
Offices1 record
Markets served
Power Mining business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Mining Container Sales: One-time sale of custom-built 20ft and 40ft shipping container-based cryptocurrency mining rigs. Base price starts at €34,999 for 20ft container with additional options available. Supports up to 600kW of ASIC capacity.
- Power Distribution Units (PDUs): Sale of in-house made crypto mining PDUs with basic and intelligent versions available. EU-manufactured with quality components.
- Crypto Mining Components: Sale of electrical distributions, panel filters (G4/M5), custom automation solutions, cooling solutions, and shelving for cryptocurrency miners.
- Bitaxe Miner Sales: E-commerce sales of Bitaxe open source miners including NerdQaxe++ and Bitaxe Gamma, manufactured in Europe. Also offers reseller programs.
- Miner Hosting Services: ASIC/GPU colocation (miner hosting) services providing facility management for customer-owned mining equipment.
- Consulting and Installation Services: On-site installation services for ASIC miners including electrical connection and internet setup, plus separate consulting services for mining operations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | 20ft Mining Container Base Package |
| Unit Pricing | Pay-as-you-go | Smart PDUs |
| Unit Pricing | Pay-as-you-go | Bitaxe Miners (E-commerce) |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Power Mining product offering
Product offeringCore offering
Power Mining designs, manufactures, and sells portable 20ft and 40ft shipping-container-based cryptocurrency mining infrastructure pre-configured for ASIC miners (Bitmain, Canaan, MicroBT, Innosilicon), alongside in-house EU-made Smart PDUs, mining components, and European-manufactured Bitaxe/NerdQaxe++ open-source miners. The company complements hardware with ASIC/GPU colocation hosting, on-site installation, consulting, and a solo Bitcoin mining pool, serving enterprise mining operators, electricity suppliers, investors, and home miners across five continents.
Product overview
Power Mining offers a modular cryptocurrency mining infrastructure portfolio centered on portable shipping-container-based data centers. The core product line includes Air Cooled Mining Containers and Hydro Mining Containers in 20ft and 40ft formats, with the flagship 20ft ASIC-162 container supporting up to 162 Bitmain Antminer units at 600kW capacity. Complementary products include in-house manufactured Smart PDUs (basic and intelligent versions) and individual Mining Components (electrical distributions, filters, cooling solutions). The company also manufactures Bitaxe open-source miners (NerdQaxe++, Bitaxe Gamma) in Europe, positioned for home and solo mining. Services include crypto miner hosting/colocation and a solo mining pool. The December 2025 launch expands into shipping-container data centers repurposed for district heating from Bitcoin mining residual heat.
Differentiator
Problem solved
Functional benefit
Products and services
- Air Cooled Mining Containers
Quantifiable outcome
- 96% customer satisfaction rate across 100+ container deployments
- +2 more outcomes
Companies that use Power Mining
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles4 records
Power Mining technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Power Mining partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and major.
- BitmaincoreBitmain is the primary ASIC miner brand supported by Power Mining containers. Containers accommodate Bitmain Antminer S17, S19, S19 Pro, S21, S21 Pro models (up to 162 units per 20ft container). Power Mining can also supply Bitmain miners to customers upon request.
- CanaancoreCanaan Avalon ASIC miners are supported in Power Mining containers. Power Mining can supply Canaan miners to customers as part of their hardware offerings.
- MicroBT WhatsMinercoreMicroBT WhatsMiner ASIC miners are supported in Power Mining containers as an officially supported brand.
- InnosiliconcoreInnosilicon ASIC miners are supported in Power Mining containers as one of the officially supported mining hardware brands.
- Power Plant Owners WorldwidemajorPower Mining maintains contacts with power plant owners globally to connect customers with electricity suppliers for mining operations. This network enables customers to find optimal electricity pricing for their mining containers.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Power Mining competitors and assessment
Company assessmentDirect peers
- Bitdeer: Spun out of Bitmain, operates proprietary mining infrastructure and hosting/data centers globally. Comparable to Power Mining as an integrated mining-infrastructure operator offering hosting and turnkey setups; competes for the same enterprise mining-customer segment.
- Compass Mining: Provides hosting/colocation for ASIC miners globally and a marketplace for hashrate. Directly comparable as a customer-facing mining hosting/infrastructure provider, addressing the same ASIC operator base that Power Mining targets with its containers.
- Vesper Energy / Vesper Mining: Develops and operates containerized/turnkey Bitcoin mining sites leveraging stranded energy. Comparable product (modular container mining) and customer base (investors and power producers), though more capital-intensive and project-financed in scale.
- Crusoe Energy: Operates modular containerized data centers (originally for crypto mining, now pivoting to AI compute) deployed at stranded/flare-gas energy sites. Highly comparable to Power Mining on the mobile-data-center-plus-energy-monetization model and the pivot from pure crypto into heat/grid-services revenue.
Broad incumbents
- Bitmain: World's largest ASIC miner manufacturer and operator of mining pools and hosting services through Antpool/Bitdeer. Although primarily a chip and miner OEM, it overlaps with Power Mining's container mining and Bitaxe-adjacent hardware offerings.
- Canaan Creative: Public ASIC miner manufacturer (Avalon series) with adjacent mining operations. Comparable as a hardware supplier to the same ASIC-miner ecosystem that Power Mining's containers support.
- Hut 8: Public vertically integrated crypto miner and data-center operator including hosting services. Overlaps with Power Mining on infrastructure-deployment and hosting; differs in scale, public-company balance sheet, and use of self-operated facilities.
- Marathon Digital Holdings: Large public Bitcoin miner with growing HPC/compute diversification. Comparable on the strategic narrative of monetizing energy via modular compute infrastructure, though at vastly larger scale and with public-market capital access.
Regional players
- Stronghold Digital Mining: US-focused Bitcoin miner that monetizes waste coal power and is pivoting toward energy/heat recovery. Comparable to Power Mining on the heat-recovery / energy-byproduct angle and on coal/waste-power site mining, though primarily North American in focus.
Emerging players
- Lancium: Builds large, modular, flexible-load data centers designed to provide grid services while powering crypto mining and HPC workloads. Highly comparable to Power Mining's grid-balancing automation and energy-monetization positioning, at larger-scale but pre-commercial-stage.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights6 records
Customer concentration
Power Mining social profiles
Digital presencePower Mining compliance and trust
Trust signalCompliance1 record
Power Mining financial estimates
Financial estimateRevenue estimate
Valuation estimate
Power Mining leadership team
Management profileNumber of profiles
Profiles4 records
Power Mining funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Power Mining 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 Power Mining
What does Power Mining do?
Power Mining designs, manufactures, and sells portable 20ft and 40ft shipping-container-based cryptocurrency mining infrastructure pre-configured for ASIC miners (Bitmain, Canaan, MicroBT, Innosilicon), alongside in-house EU-made Smart PDUs, mining components, and European-manufactured Bitaxe/NerdQaxe++ open-source miners. The company complements hardware with ASIC/GPU colocation hosting, on-site installation, consulting, and a solo Bitcoin mining pool, serving enterprise mining operators, electricity suppliers, investors, and home miners across five continents.
Is Power Mining a public or private company?
Power Mining is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Power Mining founded?
Power Mining was founded in 2017. It employs 1 to 10 people.
Where is Power Mining based?
Power Mining is headquartered in Riga, Latvia, in the Europe region.
How does Power Mining make money?
Six revenue lines are on record. Mining Container Sales are the primary driver. The others are power Distribution Units (PDUs), crypto Mining Components, bitaxe Miner Sales, miner Hosting Services and consulting and Installation Services.
Who are Power Mining's main competitors?
Direct peers on record are Bitdeer, Compass Mining, Vesper Energy / Vesper Mining and Crusoe Energy. Broad incumbents are Bitmain, Canaan Creative, Hut 8 and Marathon Digital Holdings. Stronghold Digital Mining is listed as a regional player. Lancium is listed as an emerging player.
Does Power Mining have an API?
No public API is recorded for Power Mining.
What industry is Power Mining in?
Power Mining's product category is Cryptocurrency Mining Infrastructure. Its primary akta.pro industry code is FSADAOAD, Mining Hardware (ASIC/GPU) Manufacturing & Distribution, with a secondary code of FSADAOAE, Mining Hosting, Colocation & Managed Facilities. Its NAICS code is 333131 and its SIC code is 3532.