About us

Startmining A 100% Start-up Company

Startmining is a multi-mix of experience, successes, failures, human values, sharing of IT knowledge, enriching personalities and the desire to achieve goals common to the entire ecosystem. Are you interested in our story? Read it below 

Support from a team made of engaged listeners


Saimi Barragan

CEO Founder & Commercial Director

Thibaut Spanier

General & Technical Director


  1. Values: Startmining is first and foremost authentic, responsive, with knowledge sharing, conveyed by a desire to achieve profitable mining within everyone’s reach.
  2. Team: Our team of enthusiasts, enriched with experience over time and advanced hardware expertise, is attentive to customers’ satisfaction. Startmining is run by industry professionals, not shareholders.
  3. Inventory and Teasing: We are not a back-office retailer or broker, and we don’t usually sell what we don’t have, either from listings or quotes.
  4. Innovation: We design and build our own mining systems designed to maximize efficiency. We have pooled all the costs associated with mining to make it as profitable as possible for everyone.
  5. Partnerships: Startmining has also a solid network and offers a significant level of support from its partners and players in the IT world, allowing us to be one of the only companies with a hosting of + 80 Mega-Watts in Europe, which is up to € 0.055 per KWH.

Interview with Startmining

From all IT fields, why specialise in mining?

To be the pioneers of an emerging industry is truly rewarding and enriching.

Furthermore, we have always believed that mining is a vehicle for achieving a better distribution of resources, which corresponds to our values. We are at the start of a new ecosystem, where each actor steps in to write a tiny part of the story. It is a moment that is both inspiring and exciting!

Since 2017, has your role within the company evolved with time?

Yes, definitely! We love our job, and we work to achieve mining that is as efficient and profitable as possible for everyone. It used to be difficult for people to resume professional mining at home because of the many requirements, but now with compound mining almost anyone can own a mine and oversee its operations from their office. Whereas in the past we were looking for solutions for profitability, today we are working to improve this concept and perfect customers’ expectations.

How do you see the future of the blockchain and mining in particular?

It is particularly difficult to predict the ultimate impact that a new technology will have or who will benefit the most. Regarding mining, it teaches us, perhaps much more than any other profession, to remain modest whatever the market trend. From price volatility to mining, including brokers who sell equipment, each link becomes intrinsically tied to the other, becoming, so to speak, a single chain, a single block where no one is essential, but where each entity is playing its part. Given this interdependent connection, we can only be very positive about the future of mining itself and that of blockchain, a fabulous technology that is only in its infancy.

July 2022

Join now the growing concept of colocation, whose miners come from all over the world. Let's build together a sustainable and profitable mining for everyone.

September 2021

Startmining lands its rocket in Iceland, with several thousand GPUs on board, ready to be hosted.

From now on, colocation takes the final form that we have always wanted to give it, with green energy accessible and in quantity for all, attractive contracts, insured miners, permanent cold, favorable taxation in a stable country and costs all included in the offer.

September 2020 - 80MW

AdvaniaDC, a historic Icelandic data center builder and Startmining, a French mining operator, forge an unprecedented three-party contract.

Startmining signs a capacity of 80MW and the possibility of a full deployment of the colocation concept, making the site the largest in Europe.

March 2020

Théophile Gas, leader of a group of companies, invests his skills and energy in the development of Startmining, whose values he shares.

As a strong manager, he consolidates the management and ensures the financial health of the company, which is now fully involved in international trade.

February 2020

Customer hosting in France is reaching its maximum potential in relation to our workforce and our site limited to 400 kva. It is now time to deploy the concept, while maintaining the Startmining spirit with 100% green energy and 0% mining fees.

The team travels around the world and meets many owners of mining farms of several MW, but none who still share our vision of colocation for all.

L'équipe fait le tour du monde et rencontre de nombreux propriétaires de fermes de mining de plusieurs MW, mais aucune qui ne partage encore notre vision de la colocation pour tous.

February 2020

Thibaut Spanier, passionate about crytomoney and mining since his first rig in 2014, joined Startmining at a crucial moment. He believes in the future of the project and invests in it full time.

In the following months, he becomes Startmining's General and Technical Director and helps build a more operational structure.

September 2019
Dr. Gérard Sassi, general and financial director of Startmining, and devoted friend, enters emergency hospitalization. He dies a few weeks later, leaving a family and a society that suddenly lose their bearings. He will have provided essential support for the launch of Startmining, and an indelible memory
August 2019 - 400 KW

Startmining opens its third mining farm, approximately 400kw spread over 380m², with an energy cost negotiated at 7.4c€ per kwh. This is a record in France, which goes unnoticed.

At the same time, Sophia Antipolis becomes the headquarters of the newly formed SAS Startmining, where ten shareholders sign their entry into a capital of €56,800.

Au même moment, Sophia Antipolis devient le siège social de la nouvellement formée, SAS Startmining, où dix actionnaires signent leurs entrées dans un capital de 56 800€

Mars 2019

the DNA of Startmining meets the alchemy of Alchimia, a major investment fund. A strong partnership is formed, based on trust and shared core values ​​between both parties. Six months later, the contracts are signed for the long term with a positive vision for the very long term.

At the same time, Sophia Antipolis becomes the headquarters of the newly formed SAS Startmining, where ten shareholders sign their entry into a capital of €56,800.

Au même moment, Sophia Antipolis devient le siège social de la nouvellement formée, SAS Startmining, où dix actionnaires signent leurs entrées dans un capital de 56 800€

September 2017

It is in La Seyne sur mer that the first head office is born, an 8m² office which will soon host some of the largest contracts signed by Startmining.

At the same time, the nascent Startmining brings together several hundred French mining players for a vast call for tenders from European energy companies, which results in a 45% reduction in the price of energy (€0.096 including tax per kwh)!

Septembre 2017 Mai 2017

Coming from a simple background but passionate about IT, Saimi reviews the 300 existing professions around the Internet, he discovers mining at the 299th. Enthusiastic, he assembles his first rigs with EthereumFrance and offers his contribution to the CryptoFR community. He then becomes a moderator and helps new cryptocurrency miners, pioneers of a booming technology.

The Story of Startmining… This is where it all begins

"The maturity of a company is not measured by its results alone, but also by its resilience within its human dimension"
Saimi Barragan