BitMine

Atlanta, United States Founded: 2021 • Age: 5 yrs
Bitcoin mining and hosting services are operated by BitMine.
Annual revenue $3.3M Latest available
Total funding $258.3M 4 rounds
Employees - Tracked headcount
Investors - Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About BitMine

BitMine is a company based in Atlanta (United States) founded in 2021. BitMine has raised $258.26 million across 4 funding rounds. BitMine offers products and services including Immersion Cooling Technology and Data Center Hosting. BitMine operates in a competitive market with competitors including Rhodium Enterprises, Fog Hashing, DCX Immersion Mining, Minerbase and Lonestar Dream, among others.

  • Headquarter Atlanta, United States
  • Sectors
    Technology
    Financial Services
  • Phone
    Locked
  • Website
    Locked
Operational Areas
Technology → Blockchain, Web3 & Digital Assets Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3.31 M (USD)
    413
    as on Aug 31, 2024
  • Net Profit
    -$2.46 M (USD)
    -23
    as on Aug 31, 2023
  • EBITDA
    -$1.52 M (USD)
    22
    as on Aug 31, 2024
  • Total Equity Funding
    $258.26 M (USD)

    in 4 rounds

  • Latest Funding Round
    $252.54 M (USD), Series B

    Jun 30, 2025

  • Investors
    Not available
  • Employee Count
    Not available
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Products & Services of BitMine

BitMine offers a comprehensive portfolio of products and services, including Immersion Cooling Technology and Data Center Hosting.

Product name locked
Category locked
Primary

Efficient cooling system for Bitcoin mining hardware to reduce failures and waste.

Product name locked
Category locked
Locked

Turnkey management for mining with security and remote support features.

People of BitMine

Headcount 10-50
Employee Profiles 1
Board Members and Advisors 2
Board Members and Advisors
people
Lori Love
Board Member

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Teams

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Funding Insights of BitMine

BitMine has successfully raised a total of $258.26M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $252.54 million completed in June 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investments & Acquisitions by BitMine

Investments
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Investment portfolio details for BitMine

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  • Portfolio identities
  • Transaction dates
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Financial Statements - BitMine

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Detailed financials for BitMine

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Bitmine Comparisons

BitMine Primary company
Description
Bitcoin mining and hosting services are operated by BitMine.
Location
Atlanta, United States
Founded Year
2021
Annual Revenue
$3.31 M (USD)
Net Profit
-$2.46 M (USD)
EBITDA
-$1.52 M (USD)
Employees
Not available
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Peer comparison for BitMine

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
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Competitors of BitMine

BitMine operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rhodium Enterprises, Fog Hashing, DCX Immersion Mining, Minerbase and Lonestar Dream, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Online platform offering hardware solutions for crypto mining
Locked Locked Locked
Offers liquid cooling technology for high-density thermal management in computing.
Locked Locked Locked
Offers immersion cooling solutions for crypto mining, heat recovery, and hardware upgrades.
Locked Locked Locked
Offers platforms for data centers and immersion cooling systems to optimize IT operations.
Locked Locked Locked
Cryptocurrency mining solutions, including Bitcoin immersion cooling, are provided.
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Detailed competitors of BitMine

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  • Domains and locations
  • Full company profiles
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Latest news on Bitmine

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Complete news archive for BitMine

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  • Brand-specific news history

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Frequently Asked Questions about BitMine

BitMine was founded in 2021.

BitMine is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.

BitMine is a funded company, having raised a total of $258.26M across 4 funding rounds to date.

Annual revenue of BitMine is $3.31M as on Aug 31, 2024.

BitMine was founded in 2021 and is based in Atlanta, United States. Operations focus on the cryptocurrency sector, where Bitcoin mining hardware is managed and hosted for clients. Services include secure mining facilities and infrastructure support, enabling efficient resource utilization in the blockchain industry. The platform handles technical aspects such as power management and maintenance to support mining activities across various scales.

BitMine's top competitors include Rhodium Enterprises, Lonestar Dream and Fog Hashing.

BitMine offers Immersion Cooling Technology and Data Center Hosting.

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