Bitcoin Mining Operation

Manhattan County, NY

Seller Financing Available

Asking Price:$295,000
Gross Revenue:$850,000
Established Year:2016
Cash Flow:$175,000
Inventory:$200,000
BUSINESS DESCRIPTION

Renewable Energy Resources out of Texas partnered with TX mining host

Business Description:

This established 30-unit cryptocurrency mining facility in Texas is currently partnered with trusted hosting providers to maximize profitability. With the ever-growing demand for cryptocurrency mining, this business is positioned to continue thriving in the rapidly expanding crypto mining market. The facility boasts robust infrastructure, reliable hosting partnerships, and a highly scalable model, making it an ideal investment for those looking to enter or expand in the cryptocurrency space.

Key Highlights:

30 Units of mining rigs currently operational, utilizing cutting-edge hardware for optimal mining efficiency.
Established Hosting Partnerships with reputable companies, ensuring stable uptime, technical support, and capacity for future growth.
Prime Texas Location in an area with access to affordable energy, favorable tax incentives, and a growing cryptocurrency ecosystem.
Turnkey Operation with fully operational equipment, long-term hosting contracts, and ongoing maintenance contracts in place.
Scalable Model: Potential to easily expand the facility with additional units and integrate more hosting agreements as demand increases.
Strong Revenue Potential driven by the increasing value of mined coins and the expansion of the cryptocurrency market.
Facilities and Equipment:

Location: The facility is located in a region of Texas known for its deregulated energy market, providing cost-efficient power for mining operations.
Mining Rigs: A mix of state-of-the-art rigs (list specific rigs or models, e.g., Antminer S19, Bitmain, etc.).
Infrastructure: Includes climate control systems, high-speed internet access, backup power systems (UPS), and security measures to ensure 24/7 operations.
Hosting Agreements: Agreements with hosting providers for long-term, stable operation and access to additional capacity if needed.
Market Opportunity: Texas has become a hotbed for cryptocurrency mining due to its affordable energy rates, supportive regulations, and increasing adoption of digital assets. With a 30-unit mining facility already up and running and solid partnerships in place, the business is well-positioned to capitalize on the growing demand for crypto mining and blockchain technology.

Competitive Advantage:

Strategic Location: Texas' growing status as a crypto mining hub offers continued growth potential for this business.
Reliable Hosting Partnerships: Long-term hosting agreements with established providers ensure stability and scalability.
Turnkey Operation: Everything is in place for a new owner to take over with minimal transition time and effort.


DETAILED INFORMATION
Location
Manhattan County, NY
Inventory
Included in asking price
Real Estate
Owned
Facilities
Prime Texas Location: Situated in an area known for its deregulated energy market, providing competitive electricity rates ideal for energy-intensive crypto mining operations. The location is easily accessible and has strong infrastructure to support high-tech businesses. Proximity to Renewable Energy Sources: The facility benefits from access to affordable, sustainable energy sources, including wind and solar power, providing operational cost savings and aligning with environmental sustainability goals.
Competition
Support & Training: Comprehensive Training: The current owner will provide 30-60 days of training to ensure a smooth transition, covering operations, equipment maintenance, and software management. Ongoing Technical Support: Partnered hosting providers offer 24/7 technical support for all equipment and software, ensuring minimal downtime and quick resolution of issues. Operational Documentation: Full documentation on facility setup, mining software configurations, and standard operating procedures will be provided.
Growth & Expansion
Here’s a concise Growth/Expansion Pros and Cons section for your BizBuySell listing: Growth/Expansion Pros & Cons: Pros: Scalable Infrastructure: Easily add more units as demand grows, leveraging existing partnerships and energy infrastructure. Increasing Crypto Demand: Growing global interest in cryptocurrencies presents a long-term revenue opportunity. Renewable Energy Potential: Expansion can benefit from Texas’ renewable energy sources, lowering operational costs. Cons: Energy Costs: Fluctuating electricity prices may impact profit margins.
Financing
Seller financing
Reason for Selling
owner is retiring
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ranie roolpa
ranie roolpa