MINERS MARKET
Miners Market is an Ottawa-based e-commerce reseller of ASIC cryptocurrency mining hardware, AI infrastructure (NVIDIA DGX systems), cooling solutions, and cloud mining/hosting services, serving individual miners, enterprise mining operations, and AI compute buyers globally with 273+ SKUs across 19 manufacturers.
- Company typePrivate
- Founded2021
- HeadquartersOttawa, Canada
- Headcount51–100
- GTM typeB2C
- OfferingHardware or Manufacturing
What MINERS MARKET does
Miners Market (legal entity: LS CRYPTO MINING SOLUTIONS) is a Canadian-based, direct-to-consumer e-commerce reseller of cryptocurrency mining hardware and adjacent infrastructure, headquartered in Ottawa, Ontario. The company distributes ASIC mining equipment from 19+ manufacturers including Bitmain, MicroBT, Canaan, IceRiver, Goldshell, and others, offering 273+ products across entry-level home miners ($320+) through to industrial-scale mining containers ($189,000+). Its technology stack is a Shopify-based e-commerce platform with global logistics integration via DHL and UPS, supplemented by DDP customs handling that simplifies international purchasing.
Beyond hardware resale, Miners Market operates three additional revenue streams: (1) SHA-256 cloud mining contracts (192 TH/s to 10,000 TH/s on a one-time payment model), (2) industrial mining hosting services across 35 MW of capacity split between Thunder Bay, Ontario (15 MW) and Edmonton, Alberta (20 MW) with 24/7 monitoring and fleet deployment support, and (3) a recently launched AI Infrastructure product line distributing NVIDIA DGX H100/H200/B200 supercomputers, HGX platforms, and enterprise GPU workstations. The company also sells immersion and hydro cooling solutions and integration services for large-scale mining operations.
The business serves three primary segments: individual cryptocurrency miners (primary), enterprise-scale mining operations requiring hosted infrastructure (primary), and AI/compute infrastructure buyers (secondary, newer vertical). Distribution is exclusively through the minersmarket.ca webshop and direct enterprise sales contact channels, with no third-party retail presence. The company is privately held under Ontario registration (BIN 311291918) with 51-100 employees, no disclosed external funding, and shows no parent company, subsidiary, or M&A activity. Its ownership structure appears founder-controlled with no disclosed institutional investors.
MINERS MARKET firmographics
Firmographics- Name
- MINERS MARKET
- Legal name
- LS CRYPTO MINING SOLUTIONS
- Website
- https://minersmarket.ca
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Miners Market is an Ottawa-based e-commerce reseller of ASIC cryptocurrency mining hardware, AI infrastructure (NVIDIA DGX systems), cooling solutions, and cloud mining/hosting services, serving individual miners, enterprise mining operations, and AI compute buyers globally with 273+ SKUs across 19 manufacturers.
- Ownership category
- akta.pro rank
MINERS MARKET 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), Wholesale-Computers & Peripheral Equipment & Software (5045)
- akta.pro primary industry
- Mining Hardware (ASIC/GPU) Manufacturing & Distribution (FSADAOAD)
- akta.pro secondary industries
- Mining Hosting, Colocation & Managed Facilities (FSADAOAE), Cloud Mining & Hashrate Marketplace Services (FSADAOAC), Mining Infrastructure & Energy Procurement (Power, Cooling, Grid Services) (FSADAOAG)
Keywords
Where MINERS MARKET is headquartered
LocationHeadquarters
- HQ city
- Ottawa
- HQ country
- Canada
- HQ region
- North America
Offices3 records
Markets served
MINERS MARKET business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Infrastructure, Operations, Marketing or Sales, Personnel, Technology or R&D
Revenue model
- Hardware Sales: One-time purchase revenue from selling ASIC miners, AI infrastructure equipment, cooling systems, and scaling solutions. Products range from individual miners ($500-$15,000+) to complete mining containers and data center solutions ($76,000-$189,000).
- Cloud Mining Contracts: SHA-256 cloud mining contracts with one-time payments. Tiered offerings from 192 TH/s to 10,000 TH/s. Fixed contract tiers with volume discounts in USD per TH.
- Mining Hosting Services: Industrial mining hosting in Canada with 35 MW combined capacity across two facilities. Services include large fleet deployment, 24/7 monitoring, and scalable capacity.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Entry-level ASIC miners starting at $320-$800 |
| Unit Pricing | Pay-as-you-go | Mid-range ASIC miners $800-$5,000 |
| Unit Pricing | Pay-as-you-go | High-performance miners $5,000-$15,000+ |
| Unit Pricing | Pay-as-you-go | AI Infrastructure $15,000-$600,000 |
| One time/ perpetual license | Pay-as-you-go | Cloud Mining Starter 192 TH/s at $3,880 |
| Other | Multi-year contract | Canadian Hosting Infrastructure - 35 MW Combined Capacity |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
MINERS MARKET product offering
Product offeringCore offering
Miners Market is an Ottawa-based e-commerce reseller that sells ASIC cryptocurrency mining hardware from manufacturers including Bitmain, MicroBT, Canaan, IceRiver, and Goldshell, as well as NVIDIA AI infrastructure systems (DGX H100/H200/B200), immersion and hydro cooling solutions, and mining containers. The company also provides SHA-256 cloud mining contracts (192 TH/s to 10 PH/s) and industrial mining hosting with 35 MW of capacity across facilities in Thunder Bay, Ontario and Edmonton, Alberta. All hardware ships worldwide via DHL and UPS with DDP customs handling.
Product overview
MINERS MARKET is a crypto mining hardware supplier and services company operating as a single unified platform. The core offering consists of ASIC mining hardware across 16+ manufacturer brands (Bitmain, MicroBT, Canaan, IceRiver, Goldshell, Jasminer, and others) for Bitcoin, Ethereum Classic, Kaspa, Alephium, Dogecoin, Litecoin, and other proof-of-work cryptocurrencies. Complementing the hardware portfolio is AI infrastructure (NVIDIA DGX/HGX systems, InfiniBand switches), advanced cooling solutions (immersion, hydro, air-cooling), and large-scale mining containers. The company bundles these with two service offerings: cloud mining contracts (192 TH/s to 10 PH/s) and Canadian industrial hosting (35 MW across Thunder Bay and Edmonton facilities).
Differentiator
Problem solved
Functional benefit
Products and services
- Bitmain ASIC Miners Complete lineup of Bitmain Antminer ASIC hardware including Bitcoin miners (S-series, S21, S23), Equihash miners (Z15 Pro), Scrypt miners (L7, L9), and Blake3 miners (AL1) for various cryptocurrencies.
- MicroBT WhatsMiner ASIC Miners Professional-grade WhatsMiner rigs including M30S, M56S, M63S, M66S, M73S, M79 series for SHA-256 Bitcoin mining with industry-leading efficiency.
- Canaan Avalon Miners Canaan's Avalon series including A15, A16XP, A1566 miners for Bitcoin SHA-256 mining, plus air-cooling and immersion cooling mining containers.
- IceRiver ASIC Miners IceRiver Kaspa miners (KS series), ALEO miners (AE series), and Blake3 miners (AL series) for various proof-of-work cryptocurrencies.
- Goldshell Miners Multi-algorithm miners including Scrypt miners for Dogecoin/Litecoin (Mini-DOGE, LT series, DG series), Blake3 miners for Alephium (AL-BOX series), Kadena miners (KD series), and Handshake miners (HS series).
- Jasminer Ethereum/EtHash Miners Jasminer X4 and X16 series for EtHash algorithm including high-throughput models like X44-P for Blake3/BlakeKEccak.
- NVIDIA AI Infrastructure Enterprise AI computing platforms including NVIDIA DGX H100/H200/B200 supercomputers, HGX B200 8-GPU platforms, and high-performance GPU workstations for AI training and inference.
- Immersion & Hydro Cooling Solutions Advanced cooling systems including Lian Li hydro cabinets, MinerMaster immersion coolers, Apexto immersion tanks, water towers, CDU units, and dry cooling systems for ASIC miners.
- Mining Containers & Scaling Solutions Large-scale mining infrastructure including Canaan Avalon mining boxes (20ft/40ft containers), ANTSPACE modular systems, Bitmain Antbox mobile containers, and industrial transformers for power distribution.
- Additional ASIC Miner Brands Various other mining hardware brands including ForestMiner (EtHash), Dragonball (Kaspa), Auradine Teraflux (Bitcoin), iPollo (Grin/Ethereum), Innosilicon (Zcash/Litecoin), Morb, VolcMiner (Dogecoin/Litecoin), Bitdeer SealMiner, and ElphaPex.
- Cloud Mining Contracts SHA-256 cloud mining contracts with one-time payment model offering hashrate from 192 TH/s up to 10,000 TH/s, providing variable mining payouts without hardware ownership.
- Canadian Mining Hosting Services Industrial mining hosting in Canada with 35 MW combined capacity across Ontario (Thunder Bay 15 MW) and Alberta (Edmonton 20 MW) facilities, featuring 24/7 monitoring for enterprise fleet deployment.
Companies that use MINERS MARKET
Customer profileSegments3 records
Ideal customer profiles3 records
MINERS MARKET technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
MINERS MARKET partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and major.
- BitmaincoreBitmain is the primary ASIC miner manufacturer featured on Miners Market, with 67 products listed across the Bitmain collection. Products include Antminer S-series, L-series, K-series, and Z-series miners. Bitmain is the dominant player in ASIC mining hardware.
- MicroBTcoreMicroBT WhatsMiner products are prominently featured with 42 products including M30S, M50, M56, M60, M63, M66, M73, M79 series. Second-largest ASIC miner manufacturer after Bitmain.
- CanaanmajorCanaan Avalon miners featured with 18 products including Avalon Q, A15Pro, A1566 series. Canaan is a long-established ASIC miner manufacturer.
- NVIDIAcoreNVIDIA AI infrastructure products including DGX H100, DGX H200, DGX B200, HGX B200, Quantum-2 switches, and RTX professional GPUs. Premium enterprise AI computing solutions.
- IceRivermajorIceRiver ASIC miners with 13 products featuring Kaspa, Aleo, and Blake3 algorithm miners. Notable for energy-efficient models like AL2 Lite.
- GoldshellmajorGoldshell miners with 35 products covering Scrypt, Blake3, Kadena, SiaCoin, and other algorithms. Popular for home miners with compact designs.
- Lian LimajorLian Li cooling solutions including hydro cabinets, immersion cooling systems, water cooling kits, and rack solutions for ASIC miners.
- DHL ExpresscorePrimary international shipping carrier for worldwide delivery of mining equipment. Orders are fully insured during transit.
- UPScoreSecondary shipping carrier option for worldwide delivery. Orders are fully insured during transit.
Scale indicators5 records
Recent moves5 records
Expansion highlights5 records
MINERS MARKET competitors and assessment
Company assessmentDirect peers
- Compass Mining: Hashrate marketplace and hosting provider that resells mining hardware and arranges colocation across multiple facilities. Comparable as a hybrid reseller + hosting/services platform.
- Luxor Technology: Mining services and hosting operator with firmware/software offerings and hardware resale. Comparable mix of services, hosting infrastructure and customer-facing hardware distribution.
- Kaboomracks: US-based multi-brand ASIC mining hardware retailer offering Bitmain, MicroBT, Canaan and other miners directly to consumers and small miners — directly comparable e-commerce distribution model and target customer.
- BT-Miners: International ASIC distributor shipping multi-brand mining hardware globally. Closely matches Miners Market's worldwide DTC shipping and multi-OEM positioning.
- Crypto Miner Bros: North American ASIC reseller with a multi-brand catalog and hosting services. Operates a similar DTC + B2B hosting + cloud-mining mix to Miners Market.
- Just Miners: European ASIC reseller offering Bitmain, MicroBT and Canaan hardware with international shipping and warranty services — direct distribution peer with similar SKU breadth.
Broad incumbents
- Canaan: Public ASIC manufacturer (Avalon) selling direct and through resellers. Overlaps as a hardware supplier and a competing brand for the same end buyers.
- Bitmain: Dominant ASIC manufacturer (Antminer) that also sells direct through its own channels. Functions as both key supplier and broad incumbent competing for the same end customers.
- MicroBT: Second-largest ASIC manufacturer (WhatsMiner) with growing direct sales and an official storefront. Acts as both supplier and competing distribution channel.
Emerging players
- AsicMinerMarket: Online multi-brand ASIC marketplace serving hobbyist and prosumer miners. Smaller-scale comparable e-commerce reseller with overlapping SKU coverage.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat2 records
Key risks6 records
Key highlights6 records
Customer concentration
MINERS MARKET financial estimates
Financial estimateRevenue estimate
Valuation estimate
MINERS MARKET leadership team
Management profileNumber of profiles
MINERS MARKET funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MINERS MARKET 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 MINERS MARKET
What does MINERS MARKET do?
Miners Market is an Ottawa-based e-commerce reseller that sells ASIC cryptocurrency mining hardware from manufacturers including Bitmain, MicroBT, Canaan, IceRiver, and Goldshell, as well as NVIDIA AI infrastructure systems (DGX H100/H200/B200), immersion and hydro cooling solutions, and mining containers. The company also provides SHA-256 cloud mining contracts (192 TH/s to 10 PH/s) and industrial mining hosting with 35 MW of capacity across facilities in Thunder Bay, Ontario and Edmonton, Alberta. All hardware ships worldwide via DHL and UPS with DDP customs handling.
Is MINERS MARKET a public or private company?
MINERS MARKET is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was MINERS MARKET founded?
MINERS MARKET was founded in 2021. It employs 51 to 100 people.
Where is MINERS MARKET based?
MINERS MARKET is headquartered in Ottawa, Canada, in the North America region.
How does MINERS MARKET make money?
Three revenue lines are on record. Hardware Sales are the primary driver. The others are cloud Mining Contracts and mining Hosting Services.
Who are MINERS MARKET's main competitors?
Direct peers on record are Compass Mining, Luxor Technology, Kaboomracks, BT-Miners, Crypto Miner Bros and Just Miners. Broad incumbents are Canaan, Bitmain and MicroBT. AsicMinerMarket is listed as an emerging player.
Does MINERS MARKET have an API?
No public API is recorded for MINERS MARKET.
What industry is MINERS MARKET in?
MINERS MARKET'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.