Simple Mining FAQ
Miscellaneous

Miscellaneous Questions

When did Simple Mining go into business?

Simple Mining opened operations to hosting clients in the beginning of 2021.

What are Simple Mining’s core values?

We’ve been in business for nearly five years and have built our reputation on transparency, consistent communication, and long-term client relationships. In an industry that has seen its fair share of confusion, we aim to set the standard for integrity and responsible business practices. We invite you to explore our press releases and reviews, and we also invite our clients to tour our sites either in person or virtually.

What is Simple Mining’s mission?

To sell, host, and repair thousands of Bitcoin miners with the goal of making bitcoin mining simple, accessible, and profitable for everyone.

Simple Mining makes this process simple by providing customers valuable exposure to mining revenue with just a few clicks.

Why should I choose Simple Mining over another hosting provider?

Simple Mining has a competitive advantage in several areas: #1 rated ASIC repair center Free repairs first 12 months + 7-day free trial Exclusive Miner Marketplace and Custom Dashboard Precision billing & Pause Period Hashrate Replacement + Protection Plan

What is the Marketplace?

Our Marketplace allows users to buy and sell mining machines directly. It is a high-liquidity platform where sellers can list individual or batch orders, and buyers can submit bids. Transactions are completed once sellers accept an offer, enabling seamless equipment trading within our ecosystem. You can visit our Marketplace at https://dashboard.simplemining.io/miner-marketplace (opens in a new tab)

Do you have a newsletter?

Yes. We maintain an Insights Page, which is updated regularly with educational content, market analysis, and mining-related news. Users can subscribe to receive these insights directly via email to stay informed on the latest developments in Bitcoin mining. Read our Insights Articles at https://simplemining.io/insights (opens in a new tab)

What are the tax implications of mining Bitcoin?

We are partnered with a tax firm that can provide guidance on this topic.

Does Simple Mining Require KYC?

We are not required to KYC.

How can I contact your customer support team if I have any questions or concerns?

Please email support@simplemining.io and somebody from our team will respond within 24 hours.