X-ON MINING
X-ON MINING is a Shenzhen-based ASIC cryptocurrency mining hardware distributor founded in 2013, strategically partnered with Bitmain and MicroBT to sell miners, cooling systems, containers, and hosting services to global home and professional mining customers via direct e-commerce.
- Company typePrivate
- Founded2013
- HeadquartersShenzhen, China
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What X-ON MINING does
X-ON MINING is a Shenzhen-headquartered ASIC cryptocurrency mining hardware distributor founded in 2013, operating additional offices in Dongguan and Chengdu and maintaining overseas warehouses in Hong Kong, the United States, and Russia. The company sells new and refurbished ASIC miners from the industry's two dominant manufacturers — Bitmain (Antminer) and MicroBT (Whatsminer) — alongside products from Canaan, IceRiver, Goldshell, ElphaPex, Jasminer, Bitaxe, Lucky Miner, and others, spanning price points from roughly $19 solo-miner hobbyist devices to $155,000 industrial-scale cooling and container systems.
Beyond hardware resale, X-ON has developed proprietary immersion cooling (C Series and B Series), hydro cooling (XON-H20), and containerized mining infrastructure, plus miner hosting services, firmware distribution, and warranty/RMA support. The business runs on a direct-to-consumer e-commerce model through xonmining.com with cryptocurrency and bank-transfer payments, 25+ language support, and global shipping via freight forwarder partnerships; enterprise buyers are served through a parallel direct-sales motion using a quote-based workflow.
Revenue is generated primarily through hardware unit sales with transactional unit pricing, supplemented by managed hosting and accessories. The customer base spans individual home miners, hobbyist solo-miner buyers, and professional/industrial mining operations, with named individual customers from the US and Russia but no disclosed enterprise anchors. The company is privately held, bootstrapped (no funding rounds disclosed), and serves a global market with stated worldwide shipping reach.
X-ON MINING firmographics
Firmographics- Name
- X-ON MINING
- Legal name
- X-ON MINING
- Website
- https://xonmining.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- X-ON MINING is a Shenzhen-based ASIC cryptocurrency mining hardware distributor founded in 2013, strategically partnered with Bitmain and MicroBT to sell miners, cooling systems, containers, and hosting services to global home and professional mining customers via direct e-commerce.
- Ownership category
- akta.pro rank
X-ON MINING industry classification
Industry- Product category
- Cryptocurrency Mining Hardware
- NAICS
- Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers (423810)
- SIC
- Wholesale-Construction & Mining (No Petro) Machinery & Equip (5082), Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532)
- akta.pro primary industry
- Mining Hardware (ASIC/GPU) Manufacturing & Distribution (FSADAOAD)
- akta.pro secondary industries
- Mining Infrastructure & Energy Procurement (Power, Cooling, Grid Services) (FSADAOAG), Cloud Mining & Hashrate Marketplace Services (FSADAOAC)
Keywords
Where X-ON MINING is headquartered
LocationHeadquarters
- HQ city
- Shenzhen
- HQ country
- China
- HQ region
- Asia
Offices7 records
Markets served
X-ON MINING business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure
Revenue model
- ASIC Miner Hardware Sales: Direct sales of new and refurbished ASIC miners from major manufacturers including Bitmain, MicroBT, Canaan, IceRiver, Goldshell, ElphaPex, Jasminer, and others. Products range from consumer home miners ($19) to industrial-scale equipment ($155,000+).
- Mining Accessories and Power Supplies: Sales of compatible power supplies (PSU), control boards, and accessories for various ASIC miner brands.
- Cooling Solutions and Mining Infrastructure: Sales of immersion cooling systems, hydro cooling equipment, and mining container solutions for commercial mining operations.
- Miner Hosting Services: Miner hosting services offered to customers who prefer outsourced mining facility management over home mining.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Entry-level Solo Miners ($19-$500) |
| Unit Pricing | Pay-as-you-go | Consumer ASIC Miners ($500-$3,000) |
| Unit Pricing | Pay-as-you-go | Professional/Enterprise Miners ($3,000-$20,000) |
| Unit Pricing | Multi-year contract | Industrial Cooling and Container Solutions ($5,888-$155,000) |
| Unit Pricing | Pay-as-you-go | Accessories and Power Supplies ($10-$500) |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
X-ON MINING product offering
Product offeringCore offering
X-ON MINING sells ASIC cryptocurrency mining hardware and accessories from leading manufacturers (Bitmain Antminer, MicroBT Whatsminer, Canaan Avalon, IceRiver, ElphaPex, Jasminer, Goldshell, Bitaxe, Lucky Miner, and others) through its own e-commerce website. The company complements hardware sales with proprietary immersion cooling systems (C Series and B Series), hydro cooling solutions, mining containers, power supplies, miner hosting services, and firmware/warranty support, shipping globally from warehouses in Hong Kong, the United States, and Russia.
Product overview
X-ON MINING is a cryptocurrency ASIC miner hardware supplier and accessories company founded in 2013, headquartered in Shenzhen, China. The company offers a comprehensive portfolio of ASIC miners from major manufacturers including Bitmain (Antminer series), MicroBT (Whatsminer series), Canaan (Avalon series), IceRiver, ElphaPex, Jasminer, Goldshell, Bitaxe, and Lucky Miner. Their product offering spans Bitcoin miners, Litecoin/Dogecoin miners, Kaspa miners, Alephium miners, Aleo miners, and various proof-of-work cryptocurrency miners. Beyond hardware, X-ON MINING provides complementary products and services including immersion cooling systems (C Series for home, B Series for warehouse), hydro cooling solutions, mining containers, power supply units, and accessories. They also offer miner hosting services, firmware downloads, and warranty check services. The company operates warehouses in Hong Kong, the United States, and Russia, and maintains strategic partnerships with Bitmain and MicroBT.
Differentiator
Problem solved
Functional benefit
Products and services
- ASIC Miners
Quantifiable outcome
- Ships within 2 working days after payment confirmation
- +2 more outcomes
Companies that use X-ON MINING
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles2 records
X-ON MINING technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
X-ON MINING partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- BitmaincoreStrategic partner of X-ON MINING; Bitmain is the largest cryptocurrency mining hardware manufacturer with over 60% market share. X-ON receives first-hand supplies directly from Bitmain and provides official repair services.
- MicroBT (Whatsminer)coreStrategic partner providing MicroBT Whatsminer products; MicroBT is the second largest cryptocurrency miner manufacturer with approximately 40% market share. X-ON provides sales and service support.
- ASIC Miner ValueminorPrice comparison and mining calculator platform; helps customers verify pricing and equipment value.
- MineTheASICminorMining equipment vendor platform providing market visibility and customer acquisition.
- ASIC PricesminorPrice tracking and comparison platform for ASIC miners.
- MiningWatchdogminorMining marketplace platform providing additional sales channel and customer verification.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
X-ON MINING competitors and assessment
Company assessmentBroad incumbents
- Canaan Creative: Canaan is the publicly listed manufacturer of the Avalon miner series, a brand that X-ON also distributes. It competes in the same ASIC hardware category with comparable SHA-256 and other algorithm miners, and sells both directly and through resellers globally.
- MicroBT: MicroBT manufactures the Whatsminer line and holds approximately 40% market share in ASIC miners, making it the second largest manufacturer behind Bitmain. It is a strategic partner of X-ON and serves overlapping global customers with similar ASIC hardware categories.
- Bitmain: Bitmain is the dominant ASIC miner manufacturer (Antminer series) with over 60% market share and is also a strategic upstream partner of X-ON. Bitmain operates its own direct sales channels and is comparable both as a brand whose products X-ON resells and as a broader incumbent distributing mining equipment globally.
Others
- NiceHash: NiceHash is a hashrate marketplace and mining software platform listed as a validation partner of X-ON. While not a direct hardware competitor, it is part of the same mining ecosystem and overlaps in serving the same end-customer mining audience.
- Kryptex: Kryptex is a Windows-based mining software and pool platform that performs ASIC vendor legitimacy validation for X-ON. It is an ecosystem partner rather than direct competitor but addresses the same miners and serves an overlapping customer base.
Direct peers
- ElphaPex: ElphaPex manufactures Scrypt ASIC miners for Litecoin and Dogecoin (DG1, DG2 series). X-ON lists its products; both companies target the same Scrypt-algorithm miner demographic with similar price points and small-footprint machines.
- Goldshell: Goldshell manufactures ASIC miners targeting Kadena, Siacoin, Aleo, and other alternative PoW coins. Its products are also carried by X-ON, and the two companies overlap substantially in serving hobbyist and prosumer crypto miners globally.
- Jasminer: Jasminer manufactures EtHash ASIC miners (ETC-focused), a category that X-ON distributes. Both companies target Ethereum Classic miners and operate globally, making them comparable in product category and customer profile.
- IceRiver: IceRiver designs and sells ASIC miners focused on Kaspa, Aleo, and other emerging PoW algorithms. Its products are listed on X-ON's storefront, but IceRiver also maintains direct e-commerce distribution overlapping with X-ON's target buyer (home and small-scale miners).
Emerging players
- BitDeer: BitDeer is a publicly listed mining services and hosting provider offering cloud hashrate and facility management. It is comparable to X-ON's hosting services business and serves similar professional mining customers, though BitDeer focuses on service delivery rather than hardware resale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
X-ON MINING social profiles
Digital presenceX-ON MINING financial estimates
Financial estimateRevenue estimate
Valuation estimate
X-ON MINING leadership team
Management profileNumber of profiles
X-ON MINING funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
X-ON 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 X-ON MINING
What does X-ON MINING do?
X-ON MINING sells ASIC cryptocurrency mining hardware and accessories from leading manufacturers (Bitmain Antminer, MicroBT Whatsminer, Canaan Avalon, IceRiver, ElphaPex, Jasminer, Goldshell, Bitaxe, Lucky Miner, and others) through its own e-commerce website. The company complements hardware sales with proprietary immersion cooling systems (C Series and B Series), hydro cooling solutions, mining containers, power supplies, miner hosting services, and firmware/warranty support, shipping globally from warehouses in Hong Kong, the United States, and Russia.
Is X-ON MINING a public or private company?
X-ON MINING is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was X-ON MINING founded?
X-ON MINING was founded in 2013. It employs 501 to 1,000 people.
Where is X-ON MINING based?
X-ON MINING is headquartered in Shenzhen, China, in the Asia region.
How does X-ON MINING make money?
Four revenue lines are on record. ASIC Miner Hardware Sales are the primary driver. The others are mining Accessories and Power Supplies, cooling Solutions and Mining Infrastructure and miner Hosting Services.
Who are X-ON MINING's main competitors?
Broad incumbents on record are Canaan Creative, MicroBT and Bitmain. Others are NiceHash and Kryptex. Direct peers are ElphaPex, Goldshell, Jasminer and IceRiver. BitDeer is listed as an emerging player.
Does X-ON MINING have an API?
No public API is recorded for X-ON MINING.
What industry is X-ON MINING in?
X-ON MINING's product category is Cryptocurrency Mining Hardware. Its primary akta.pro industry code is FSADAOAD, Mining Hardware (ASIC/GPU) Manufacturing & Distribution, with a secondary code of FSADAOAG, Mining Infrastructure & Energy Procurement (Power, Cooling, Grid Services). Its NAICS code is 423810 and its SIC code is 5082.