My Blockchain Miners
MB Miners, founded in 2017 in Kanpur, India, resells pre-configured ASIC miners from Bitmain, MicroBT, Canaan, and Goldshell to individual miners, SMB farms, and enterprise mining operators across India, Dubai, Singapore, and Kazakhstan, with board-level repair, 24-month warranty, and co-location hosting.
- Company typePrivate
- Founded2017
- HeadquartersKanpur, India
- Headcount1–10
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What My Blockchain Miners does
My Blockchain Miners (MB Miners) is an Indian ASIC cryptocurrency-mining hardware specialist founded in 2017 in Kanpur by Mukesh Bhargava. The company resells new and certified-pre-owned miners from Bitmain (Antminer), MicroBT (Whatsminer), Canaan (Avalon), Goldshell, and iPollo, alongside offering in-house board-level repair, co-location hosting, and pre-configuration services. Its stated footprint of 800+ miners deployed across India, Dubai, Singapore, and Kazakhstan, with ₹50 Cr+ in cumulative hardware shipments, positions it as a vertically integrated reseller focused primarily on the Indian market with opportunistic cross-border reach.
MB Miners' core differentiation rests on operational rather than algorithmic capabilities: every unit is benchmarked for 48 hours at the Kanpur lab before dispatch to eliminate dead-on-arrival risk; rigs are firmware-locked and pool-configured (F2Pool, ViaBTC, Antpool, Litecoinpool) before shipping; and the company maintains an in-house workshop capable of hashboard rework, PSU replacement, and immersion conversion. A co-location hosting service at ₹4.5/kWh with remote VPN monitoring, plus a 24-month board-level warranty, extend the offering to buyers lacking space or technical depth. Digital tools include an interactive ROI Calculator and a live Mining Rates Dashboard synced from whattomine.com, covering 372 ASIC models for content/SEO lead generation.
The company operates as a bootstrapped, founder-owned private firm with 1–10 employees and no disclosed outside funding. Revenue flows through three streams: direct-to-consumer ASIC hardware sales (₹20,999 to ₹13,44,999+ GST per unit, with 5–8% bulk discounts on 5+ units), managed co-location hosting with a 6-month minimum commitment, and professional repair services (₹2,500 diagnostic fee deducted from repair cost). Customers span individual hobbyists purchasing single units, SMB farm operators procuring 5–50 rigs, and enterprise operators placing large fleet orders on terms-based financing (30–60–90 day PDC or bank guarantee for orders ≥ ₹15L). Distribution is exclusively direct via the company's own e-commerce storefront at mbminers.com.
My Blockchain Miners firmographics
Firmographics- Name
- My Blockchain Miners
- Legal name
- MB Miners
- Website
- https://mbminers.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- MB Miners, founded in 2017 in Kanpur, India, resells pre-configured ASIC miners from Bitmain, MicroBT, Canaan, and Goldshell to individual miners, SMB farms, and enterprise mining operators across India, Dubai, Singapore, and Kazakhstan, with board-level repair, 24-month warranty, and co-location hosting.
- Ownership category
- akta.pro rank
My Blockchain Miners industry classification
Industry- Product category
- Cryptocurrency Mining Hardware
- NAICS
- Mining Machinery and Equipment Manufacturing (333131)
- SIC
- Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532)
- akta.pro primary industry
- Mining Hardware (ASIC/GPU) Manufacturing & Distribution (FSADAOAD)
- akta.pro secondary industry
- Mining Hosting, Colocation & Managed Facilities (FSADAOAE)
Keywords
Where My Blockchain Miners is headquartered
LocationHeadquarters
- HQ city
- Kanpur
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
My Blockchain Miners business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- ASIC Hardware Sales: Sale of new and certified-pre-owned ASIC miners from Bitmain, MicroBT, Canaan, Goldshell, and other brands. Hardware is pre-configured, benchmarked, and shipped pan-India. Prices range from ₹20,999 to ₹13,44,999+ GST depending on model. Bulk discounts of 5-8% offered for orders of 5+ units.
- Mining Hosting Services: Hosting at the Kanpur facility at ₹4.5/kWh with 24×7 monitoring. Remote VPN access included. Minimum 6-month commitment. Partner farms in Telangana and Gujarat also referenced.
- Repair & Diagnostic Services: Board-level repairs for any ASIC brand, including units bought from other dealers or abroad. Diagnostic fee of ₹2,500 deducted from repair cost. Certified pre-owned units re-validated with 6-month warranty and sold separately.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Entry-level miners (1-37.5 Th/s) |
| Unit Pricing | Pay-as-you-go | Mid-range miners (82-200 Th/s) |
| Unit Pricing | Pay-as-you-go | Flagship miners (234-580 Th/s) |
| Unit Pricing | Pay-as-you-go | Bulk Order Discounts |
| Usage-based | Pay-as-you-go | Hosting Rate |
| Unit Pricing | Pay-as-you-go | Repair / Diagnostic |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
My Blockchain Miners product offering
Product offeringCore offering
MB Miners (My Blockchain Miners) is a Kanpur-based ASIC cryptocurrency mining hardware reseller that imports, benchmarks, pre-configures, and sells miners from Bitmain, MicroBT, Canaan, Goldshell, and iPollo. Every unit is 48-hour lab-tested at the Kanpur facility, pre-configured with pool credentials (F2Pool, ViaBTC, Antpool), and shipped with a 24-month board-level warranty. The company also provides mining co-location hosting at ₹4.5/kWh and in-house board-level repair services for any ASIC brand.
Product overview
MB Miners is an ASIC cryptocurrency miner reseller and service provider founded in Kanpur in 2017. The company sells hardware from Bitmain, MicroBT, Canaan, and Goldshell as its core product line, offering flagship miners like the Antminer S21+ (235 Th/s Bitcoin), Antminer L9 (17 Gh/s Litecoin/Dogecoin), and Antminer S21 Hyd (335 Th/s hydro-cooled Bitcoin). Beyond hardware sales, the company provides a portfolio of add-on services including an ROI Calculator for profitability projections, a Mining Rates Dashboard tracking 372 ASIC models, 24-month board-level repair warranty, co-location hosting at their Kanpur facility plus partner farms, pre-configuration of firmware and mining pool credentials, and remote VPN monitoring. Products ship pre-configured and tested from their Kanpur warehouse with nationwide delivery within 24 hours.
Differentiator
Problem solved
Functional benefit
Products and services
- Antminer S21+ (Bitcoin / SHA-256) Bitmain's flagship air-cooled Bitcoin ASIC miner delivering 235 Th/s hashrate at 3,645W power consumption with 15.5 J/Th efficiency. Sold at ₹3,00,000 with 24-month board-level warranty and pre-configured pool credentials for plug-and-play Bitcoin mining.
- Antminer L9 (Litecoin/Dogecoin / Scrypt) Bitmain's Scrypt-algorithm ASIC miner delivering 17 Gh/s hashrate at 3,360W power consumption, sold at ₹5,00,000. Targets Litecoin (LTC) and Dogecoin (DOGE) miners.
- Antminer S21 Hyd (Bitcoin / SHA-256 Hydro) Bitmain's hydro-cooled (water) Bitcoin ASIC miner delivering 335 Th/s hashrate at 5,360W power consumption. Sold at ₹6,80,000 with 24-month warranty for high-density farm deployments.
- Antminer S23 Hydro (Bitcoin / SHA-256 Hydro) Bitmain's flagship hydro-cooled Bitcoin ASIC miner delivering 580 Th/s hashrate at 5,510W power consumption. Sold at ₹13,44,999 for large-scale enterprise mining deployments.
- Antminer S21 XP Immersion (Bitcoin / SHA-256 Immersion) Bitmain's immersion-cooled Bitcoin ASIC miner delivering 300 Th/s hashrate at 4,050W power consumption. Designed for immersion-cooling farm deployments.
- Whatsminer M60S (Bitcoin / SHA-256) MicroBT's value-oriented Bitcoin ASIC miner delivering 186 Th/s hashrate at sub-3.5kW power consumption with 18.5 J/Th efficiency. Sold at ₹2,45,000.
- Whatsminer M70 (Bitcoin / SHA-256 Hydro) MicroBT's next-generation flagship hydro-ready Bitcoin ASIC miner delivering 320 Th/s hashrate at 17 J/Th efficiency. Designed for hydro-cooling deployments.
- Canaan Avalon A1466 (Bitcoin / SHA-256) Canaan's mid-range Bitcoin ASIC miner delivering 150 Th/s hashrate with 21.5 J/Th efficiency.
- Antminer KS5 Pro (Kaspa / kHeavyHash) Bitmain's Kaspa ASIC miner delivering 21 Th/s hashrate using the KHeavyHash algorithm. Targets Kaspa (KAS) miners.
- Goldshell KS5 (Kaspa / kHeavyHash) Goldshell's Kaspa ASIC miner delivering 20 Th/s hashrate using the kHeavyHash algorithm. Targets Kaspa (KAS) miners.
- iPollo V2H (Ethereum Classic / EtHash) Ethereum Classic ASIC miner delivering 3,200-3,600 Mh/s hashrate at 475W power consumption using the EtHashETC algorithm. Targets Ethereum Classic (ETC) miners.
- Antminer Z15 Pro (Zcash / Equihash) Bitmain's Zcash ASIC miner delivering 840 Ksol/s hashrate using the Equihash algorithm. Targets Zcash miners.
- Antminer D9 (Dash / X11) Bitmain's Dash ASIC miner delivering 1,770 Gh/s hashrate using the X11 algorithm. Targets Dash miners.
- Goldshell AE Series (Aleo / zkSNARK) Goldshell's Aleo ASIC miners including AE Box II (54 Mh/s), AE Max (360 Mh/s), and AE Max II (540 Mh/s) using the zkSNARK algorithm. Targets Aleo miners.
- Mining Hosting Service Co-location mining hosting at the Kanpur facility at ₹4.5/kWh with 24×7 monitoring and remote VPN access, plus partner farms in Telangana and Gujarat for additional capacity. Minimum 6-month commitment.
- ASIC Repair Services Board-level repair service for any ASIC miner brand, including units not purchased from MB Miners. In-house hashboard rework, PSU replacements, and immersion conversions at the Kanpur workshop. Diagnostic fee of ₹2,500 is deducted from the final repair cost.
Quantifiable outcome
- 800+ miners deployed across India, Dubai, Singapore, and Kazakhstan since 2017
- +4 more outcomes
Companies that use My Blockchain Miners
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
My Blockchain Miners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature4 records
My Blockchain Miners partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor and core.
- Partner Farms in Telangana and GujaratminorMB Miners has partnered with mining farm facilities in Telangana and Gujarat to offer additional hosting capacity beyond its own Kanpur facility. Customers requiring hosting can be routed to partner farms. The nature of the partnership (revenue share, referral, co-location) is not specified.
- F2Pool / ViaBTC / AntpoolcoreMB Miners pre-configures rigs with pool credentials for F2Pool, ViaBTC, and Antpool (plus Litecoinpool and most major pools) before shipping. Rigs are pool-ready — customers scan a QR code and immediately start hashing on their designated worker name. Daily payouts in BTC, LTC, or DOGE are paid directly by these pools to the customer.
Scale indicators7 records
Recent moves5 records
Expansion highlights5 records
My Blockchain Miners competitors and assessment
Company assessmentDirect peers
- Kaboomracks: US-based ASIC retailer specializing in Bitmain and MicroBT hardware with bulk pricing and pre-configuration services. Closely comparable business model to MB Miners — multi-brand ASIC reseller with value-added services.
- Minerfix: US-based ASIC sales and repair service provider, particularly known for ASIC repair turnaround. Closely mirrors MB Miners' combined hardware-sales-plus-board-level-repair offering, though serving a different geography.
- Compass Mining: US-based ASIC marketplace and hosting provider that combines hardware sales with colocation hosting — the same bundled model MB Miners offers. Direct competitor concept in Western markets, with retail-friendly hosting + hardware acquisition bundles.
- Block Mining: US-based ASIC retailer and hosting provider offering new and refurbished mining hardware with repair services. Direct comparable on the bundled hardware-plus-services business model MB Miners operates.
Broad incumbents
- Canaan: Public ASIC manufacturer (Avalon series) listed on NASDAQ and a supplier MB Miners resells. Broader incumbent in the same hardware category with global distribution.
- Bitmain: World's largest ASIC manufacturer (Antminer series) and the primary supplier MB Miners resells. Bitmain is the dominant upstream player and a structural threat if it expands direct-to-customer channels in India and South Asia.
- iPollo: ASIC manufacturer focused on alt-coin rigs (ETC, Kaspa) that MB Miners also resells. Comparable product category but operates as OEM rather than distributor.
- MicroBT: Second-largest ASIC manufacturer (Whatsminer M-series) and another primary supplier for MB Miners. Comparable in category but operates upstream from MB Miners' reseller model.
- Marathon Digital Holdings: Large-scale publicly-traded Bitcoin mining operator that procures the same ASIC SKUs MB Miners resells (S19, S21 series). Not a direct competitor but a downstream buyer of the same hardware with comparable hosting expertise.
- Goldshell: ASIC manufacturer specializing in alt-coin miners (Kaspa, Aleo, Litecoin/Dogecoin) and a direct supplier MB Miners resells. Smaller scale than Bitmain but comparable in category.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
My Blockchain Miners social profiles
Digital presenceMy Blockchain Miners financial estimates
Financial estimateRevenue estimate
Valuation estimate
My Blockchain Miners leadership team
Management profileNumber of profiles
Profiles1 record
My Blockchain Miners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
My Blockchain Miners 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 My Blockchain Miners
What does My Blockchain Miners do?
MB Miners (My Blockchain Miners) is a Kanpur-based ASIC cryptocurrency mining hardware reseller that imports, benchmarks, pre-configures, and sells miners from Bitmain, MicroBT, Canaan, Goldshell, and iPollo. Every unit is 48-hour lab-tested at the Kanpur facility, pre-configured with pool credentials (F2Pool, ViaBTC, Antpool), and shipped with a 24-month board-level warranty. The company also provides mining co-location hosting at ₹4.5/kWh and in-house board-level repair services for any ASIC brand.
Is My Blockchain Miners a public or private company?
My Blockchain Miners is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was My Blockchain Miners founded?
My Blockchain Miners was founded in 2017. It employs 1 to 10 people.
Where is My Blockchain Miners based?
My Blockchain Miners is headquartered in Kanpur, India, in the Asia region.
How does My Blockchain Miners make money?
Three revenue lines are on record. ASIC Hardware Sales are the primary driver. The others are mining Hosting Services and repair & Diagnostic Services.
Who are My Blockchain Miners's main competitors?
Direct peers on record are Kaboomracks, Minerfix, Compass Mining and Block Mining. Broad incumbents are Canaan, Bitmain, iPollo, MicroBT, Marathon Digital Holdings and Goldshell.
Does My Blockchain Miners have an API?
No public API is recorded for My Blockchain Miners.
What industry is My Blockchain Miners in?
My Blockchain Miners'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 FSADAOAE, Mining Hosting, Colocation & Managed Facilities. Its NAICS code is 333131 and its SIC code is 3532.