Power Mining

Power Mining

Power Mining is a Latvian company, founded in 2017, that designs and manufactures turnkey solutions for Bitcoin mining. Based in Riga, the firm offers both mobile and stationary infrastructure, including custom-built mining containers tailored to major ASIC brands like Bitmain, Canaan, MicroBT, and Innosilicon.

О проекте Power Mining

Their container offerings include air-cooled and hydro-cooled high-capacity units, built on 20ft or 40ft shipping container shells. These systems come with integrated electrical distribution, power cabling, lighting, ventilation, and optional cloud monitoring, PDUs (Power Distribution Units), and surveillance equipment—typically delivered within a six-week build cycle.

In addition to infrastructure, Power Mining develops open-source home mining hardware—namely the Bitaxe Gamma and NerdQaxe++. Both are compact ASIC miners designed for individual or educational use. The NerdQaxe++ delivers approximately 4.8 TH/s while consuming just about 80 watts; it includes an LCD screen to monitor performance and runs open-source AxeOS firmware. The Bitaxe Gamma is highly efficient (around 1.1 TH/s at approximately 18 watts), features intuitive Wi-Fi connectivity and a sleek web interface, and is ideal for those focused on transparency and decentralization.

Power Mining also produces its own PDUs, engineered for cryptocurrency mining environments and built with higher-quality European components. Those units offer reliable power management for demanding setups.

The company advocates mobility in mining infrastructure—highlighting that containers can be moved easily to capitalize on electricity price arbitrage, unlike fixed warehouse builds.

Power Mining’s manufacturing impact is global—with over 100 containers delivered, thousands of miners sold, and presence across five continents. Their success is anchored in high build quality, open-source innovation, and customer satisfaction.

Команда

Kristaps Mors
CEO, co-founder
Janis Grinbergs
CTO, co-founder
Kristaps Stikuts
COO
Janis Varkals
Sales and investor relations

Участие в мероприятиях