About MiningStack
MiningStack is a Financial Services company based in India founded in 2018. Imports, exports, and online retail of cryptocurrency hardware and security products. It operates on a D2C and B2C model. Its Indian entity Etherbit Private Limited reported revenue of ₹4.18 Cr. MiningStack offers products and services including ASIC Miners, Hardware Wallets, and Security Keys. Its focus areas include FinTech, Crypto Security, Hardware Wallets and Key Management.
Company details
Etherbit Private Limited is an Indian omni-commerce company founded in 2017, focusing on imports, exports, and online retail of security gadgets like hardware wallets and ASIC miners. Based in Surat, it manages brand stores on platforms such as Amazon and Flipkart, ensuring seamless distribution while adhering to Indian ownership and FDI compliance. The company serves consumers by providing tools for cryptocurrency security and mining, without engaging in trading or financial advice.
- Headquarters India
- SectorsFinancial Services
- Website miningstack.com
- Social X Facebook
- Legal Name Etherbit Private Limited
- Date of Incorporation 07 Feb, 2017
- Jurisdiction Surat, Gujarat, India
- Annual Revenue₹4.18 Cr
FY 2024 · -4% YoY
- Net Profit₹1.7 Lakh
FY 2024 · 0% margin
- EBITDA₹6.4 Lakh
FY 2024 · 2% margin
Associated legal entities of MiningStack
MiningStack operates through Etherbit Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Etherbit Private Limited CIN U74999GJ2017PTC095653 | Active | 07 Feb 2017 | Surat, Gujarat | ₹4.2 Cr | 3 | View details |
Products & Services of MiningStack
MiningStack offers a comprehensive portfolio of products and services, including ASIC Miners, Hardware Wallets, and Security Keys.
Devices for cryptocurrency mining and network participation.
Secure storage solutions for managing cryptocurrencies safely.
Keys for protecting access to digital assets and accounts.
Board of directors of Etherbit Private Limited (MiningStack)
Etherbit Private Limited is the primary company behind MiningStack. The board of Etherbit Private Limited currently have 3 directors; the longest-serving is Kalpana Jatinkumar Vakharia, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kalpana Jatinkumar Vakharia DIN 07771191 | Director | 24 Mar 2017 | 9 yrs 7 mo | Etherbit Private Limited |
| Harsh Jatinkumar Vakharia DIN 07709727 | Director | 10 Jan 2018 | 8 yrs 9 mo | Etherbit Private Limited |
| Dharmesh Kantilal Kapadia DIN 07774064 | Director | 23 Nov 2021 | 4 yrs 11 mo | Etherbit Private Limited |
Financials of MiningStack
Figures of Etherbit Private Limited, the primary company behind MiningStack, for FY 2024. Revenue was ₹4.18 Cr (-4% year on year). Net profit was ₹1.7 Lakh (0% margin). EBITDA was ₹6.4 Lakh (2% margin). Revenue has grown at a compounded annual rate of +17% over three years and +71% over five years.
- ₹4.18 CrRevenue · FY 2024 · -4% YoY
- ₹1.7 LakhNet profit · 0% margin
- ₹6.4 LakhEBITDA · 2% margin
- ₹1 LakhPaid-up capital
- +17%Revenue CAGR, 3 years
- +71%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Etherbit Private Limited are on its company page.
Detailed financial statements for MiningStack
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Frequently Asked Questions about MiningStack
MiningStack was founded in 2018.
MiningStack is headquartered in India.
The primary company behind MiningStack, Etherbit Private Limited, reported revenue of ₹4.18 Cr for FY 2024, down 4% year on year.
Etherbit Private Limited is an Indian omni-commerce company founded in 2017, focusing on imports, exports, and online retail of security gadgets like hardware wallets and ASIC miners. Based in Surat, it manages brand stores on platforms such as Amazon and Flipkart, ensuring seamless distribution while adhering to Indian ownership and FDI compliance. The company serves consumers by providing tools for cryptocurrency security and mining, without engaging in trading or financial advice.
MiningStack offers ASIC Miners, Hardware Wallets, and Security Keys.
MiningStack operates through Etherbit Private Limited.
The legal entities of MiningStack currently have 3 directors, including Harsh Jatinkumar Vakharia, Dharmesh Kantilal Kapadia, Kalpana Jatinkumar Vakharia.