Coinmint was founded in 2015 as a private Bitcoin mining firm, exclusively for high net worth private investors. Because of the unique infrastructure Coinmint created, these investors were allowed to receive returns at rates that far surpassed any of the alternatives.
In late 2015, one of the investors suggested they open the platform to the general public to further increase the economies of scale for all, and provide an opportunity for anyone to participate.
The current members of our team come from diverse areas, including technical, infrastructure, and financial, bringing the highest level of talent to a truly best of breed operation. We are all strong believers in the future of digital currencies and we love being part of this growing community!
Coinmint operates the largest digital currency data center in the world, in a former Alcoa Aluminum smelter in Massena, New York. At 435MW of transformer capacity at its Massena complex, the facility’s capacity is three times larger than any other known operating Digital Currency Data Center.
The facility has been operational since May 2018, and in this short time, is already making a material contribution to global digital currency infrastructure. Coinmint’s mission, in short, is to bring this facility to its full potential in 12 to 24 months.
Given the abundance of hydroelectric and wind generation in the area, the experience of its management team in wholesale electricity markets, and the historically large scale in terms of capacity, Coinmint has a material electrical economic advantage.
Bringing this together with best-of-class partners, technology infrastructure, location, facility, and management team, make this an opportunity unequalled by any other known similar operation globally.
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