Simple Mining

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Simple Mining

Simple Mining

@simpleminingio

We sell, host, and repair Bitcoin miners in Iowa for as low as $0.07/kWh all in.

Iowa, USA 가입일 Haziran 2021
5.5K 팔로잉24.5K 팔로워
고정된 트윗
Simple Mining
Simple Mining@simpleminingio·
Bitcoin mining gets pitched the wrong way. People focus on headline profitability. But if you’re evaluating mining in 2026, what really matters is: • Uptime • Repairs • Stable energy cost • Exit flexibility Simple Mining runs a white-glove hosting operation across 10 sites in Iowa. You own your miners, you choose your pool, Bitcoin goes straight to your wallet, no-KYC process. We manage 40,000+ machines and were recognized on the Inc. 5000 as the fastest-growing company in Iowa. We built a customer focused offering: • First 12 months of repairs included • Pause option with no penalties • Marketplace for liquidity • Downtime credits No lock-in contracts or black-box operations. If you want to think through whether mining actually makes sense right now, we put together a free resource: The 2026 Bitcoin Mining Blueprint It breaks down the 5 biggest mistakes investors make when allocating to mining, and how to avoid them before deploying capital. Get it free for free in the comments
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Simple Mining
Simple Mining@simpleminingio·
The most overlooked question in hosted mining: Does your host actually own their facility? If they don't, you're exposed to things that never show up in the rate quote: • Mid-contract rate hikes when the site owner raises wholesale power costs • Forced machine relocation if the host loses their lease or the facility changes hands • Prolonged downtime from facility-level issues the host can't escalate because they don't control the building • Payment disputes between the host and the actual site owner that freeze your operation • Counterparty blowup if the host's thin margins collapse during a downturn or energy crunch When energy prices rise, like oil right now pushing toward triple digits, and Bitcoin pulls back, these risks surface fast. Resellers absorb nothing. They pass it through. Your rate changes. Your uptime suffers. Your rigs might move. Hosts that own their sites with long-term fixed power agreements? Same rate. Same facility. Same operation. No middleman. No renegotiation. Own the site. Own the outcome
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Simple Mining
Simple Mining@simpleminingio·
Your life is made of two things: time and energy. Both are being stolen in plain sight. Money is how you store, save, and exchange both. When the currency is debased, you're not just losing purchasing power. You're losing pieces of your life you already worked for. "Fix the money, fix the world" sounds too simple to take seriously. But if money is stored time and energy, and that storage system is broken, everything built on top of it breaks too. That's the problem Bitcoin was designed to solve.
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Simple Mining
Simple Mining@simpleminingio·
Thinking about investing in Bitcoin mining in 2026? We put together a short resource called The 2026 Bitcoin Mining Blueprint. It walks through the 5 mistakes investors make when allocating to mining, and how to fix them before deploying capital: simplemining.io/blueprint?utm_…
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Simple Mining
Simple Mining@simpleminingio·
The IRS is giving you a 100% write-off for every dollar you spend on electricity to mine Bitcoin. Under IRC Section 162, that electricity costs is an ordinary and necessary business expense. If your mining operation qualifies as an active business, you can deduct the full cost of your power bill in the year you pay it. But unlike your mining hardware, which is a capital expense you write off upfront through bonus depreciation, your electricity bill comes off your taxable income every single month you're running machines. If you have mining income, capital gains, or a large tax bill this deduction works against it continuously and not just at purchase. You're not just offsetting the cost of entry. You're offsetting the cost of operation, every billing cycle, for as long as your miners are hashing. If reducing your ongoing tax burden while producing Bitcoin is something you're considering, this is the part of the equation most people miss. (This is general information only, consult a qualified tax professional for your specific situation)
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Nick Huber
Nick Huber@sweatystartup·
AI about to get 20x expensive. These $200 / month claude subscriptions are burning $5,000 worth of credits. The bubble is going to pop and it will pop soon.
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Simple Mining
Simple Mining@simpleminingio·
A lot of investors are still treating Bitcoin as a one-dimensional trade. Buy. Hold. Hope. But there's a second path that most overlook. When you purchase mining hardware through a business entity, that equipment may qualify for accelerated depreciation under current tax law. That means part of your upfront cost can potentially reduce your taxable income in year one. You still get the Bitcoin. You still get the exposure. But the effective cost of entry may look very different on a post-tax basis.
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Simple Mining
Simple Mining@simpleminingio·
Our partner Anthony Pompliano was asked the hardest investment question of 2026. His answer:
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Simple Mining
Simple Mining@simpleminingio·
Every major AI company has the same problem: they can buy GPUs tomorrow, but they can't plug them in for 3 to 5 years. We've spent years doing what most AI startups can't do quickly: securing land, locking in energy contracts, clearing permits, and establishing grid connections. Today, Simple Mining is putting that work to use. We are now offering 234 MW of shovel-ready AI capacity across 4 sites ranging from 40 MW to 100 MW. Fully permitted, grid-connected, and fiber-ready. Available as leases, JVs, or outright sales. We're not pivoting from Bitcoin mining. Simple Mining is and will remain a hosted mining company. We're providing the energy foundation that AI companies and hyperscalers are struggling to build on their own timeline. If you need megawatts, not a waitlist, let's talk.
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Simple Mining
Simple Mining@simpleminingio·
Bitcoin is older than: • The iPad • Instagram • Uber • Snapchat • Twitch • React.js • Apple Watch • AirPods • 4G LTE Still early. What else is Bitcoin older than? Drop it below.
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Simple Mining
Simple Mining@simpleminingio·
Thinking about investing in Bitcoin mining in 2026? We put together a short resource called The 2026 Bitcoin Mining Blueprint. It walks through the 5 mistakes investors make when allocating to mining, and how to fix them before deploying capital: simplemining.io/blueprint?utm_…
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Simple Mining
Simple Mining@simpleminingio·
This container currently mines about 1 Bitcoin per month.
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Simple Mining
Simple Mining@simpleminingio·
Forget gold. The real treasure at the end of the rainbow is Bitcoin. A leprechaun in 2026 isn't guarding a shiny rock. He's guarding an asset with a fixed supply that nobody can inflate away. Happy St. Patrick's Day.
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Simple Mining
Simple Mining@simpleminingio·
Comment your favorite thing about Bitcoin mining and we’ll run a 200 TH/s miner for you for 7 days free. You choose the pool And yes, if you’re wondering what the odds are: At 200 TH/s for 7 days, your chance of solo-finding a Bitcoin block is about 1 in 4,300
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Michael
Michael@repsandsats·
@simpleminingio Still early but the utilization of the heat in residential settings like space and water heaters, can literally put control of the network in the hands of everyday people everywhere. Self funding living expenses.
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SecretaryNotSure ◨ ◨
SecretaryNotSure ◨ ◨@JoeBauers1983·
@simpleminingio My favorite thing about Bitcoin mining is that over time it has proven to be the only positive expected value lottery, plus there’s zero house edge
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Mr V
Mr V@MrV_777·
@simpleminingio that anyone, anywhere can try to do it; the decentralization and possibility of getting life changing money
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Will
Will@will_bm·
Gridless partners with small renewable energy operators in rural Africa . The ones with excess capacity they can't sell. No grid connection, no buyers, energy just wasted. Gridless shows up, buys that energy, mines Bitcoin with it. Now that mini-grid has a guaranteed revenue stream. It stays alive. More villages get electricity. More people get power for the first time. The actual product? Electrifying communities that the grid forgot.
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