Skip to content
PICS2 · FENUAAntminer S21+ Hydro at 2 759 € excl. VAT / miner · offer extended · until June 7, 2026

Our journey

The Startmining story

From Iceland to Paraguay, from Bitcoin to the START token, 4 years of entrepreneurial adventure at the heart of mining.

  1. Launch·2026

    Hydro Iceland · +15 MW

    Launch of a new generation of premium hosting in Iceland, driven by a target capacity of +15 MW of hydroelectric power, designed to support larger-scale clients.

  2. Launch·2025

    Startmining Compute AI · Iceland

    Launch of Startmining Compute AI, a vertical dedicated to HPC hosting for AI workloads, with Iceland as the strategic deployment territory.

  3. Expansion·2024–2025

    USA + Mexico · +3 MW

    Expansion of US capacity with an additional +1 MW in Washington and the launch of a +2 MW site in Mexico, designed to optimize the operation of older generations of miners.

  4. Expansion·2023–2024

    USA, Washington · +3 MW

    Deployment of more than 3 MW of air cooling in Washington State, marking a key milestone in Startmining's international expansion.

  5. Award·October 2023

    TPM Innovation Award

    Startmining received the TPM award for innovation and digital technology for the START project — the first Web3 token to mine Bitcoin for its holders.

    TPM Innovation Award
  6. Expansion·July 2023

    3 MW expansion in Iceland

    Opening of a new site in Reykjavík, bringing total Iceland capacity to more than 6 MW. 100% renewable energy (geothermal + hydro), target uptime of 99.5%.

    3 MW expansion in Iceland
  7. Event·May 2023

    Vivatech & Green Mining certification

    Presentation of Startmining at Vivatech Paris before 150,000 visitors. Green Mining certification obtained, attesting to the 100% renewable sourcing of the energy consumed.

  8. Launch·March 2023

    Launch of the START token

    Going live with the START utility token and the staking platform. The first Web3 token whose Bitcoin mining revenues are paid out to holders as rewards.

  9. Event·January 2023

    Presence at CES in Las Vegas

    Startmining took part in the Consumer Electronics Show 2023 — the first French Bitcoin mining company present on the international tech stage.

  10. Expansion·2022

    World tour & Paraguay expansion

    Tour of international mining sites (USA, Paraguay, Canada) to identify the best energy partnerships. First MW signed in Paraguay using hydroelectric power from the Itaipu dam.

    World tour & Paraguay expansion
  11. Milestone·July 2022

    Consolidation of the Iceland site

    The Iceland site grew from 1 to 3 MW thanks to a strategic partnership with a local geothermal operator. Rollout of 24/7 monitoring by the in-house team.

  12. Launch·November 2021

    Our story begins

    Founding of Startmining S.A.S. by Saimi Barragan. First B2C hosting offer for individuals wishing to mine Bitcoin without managing the electrical and thermal constraints themselves.

  13. Milestone·September 2021

    First Iceland site GPU + colocation

    First hosting contract signed in Iceland with a GPU farm operator. Validation of the technical and economic model before the full-ASIC Bitcoin pivot.

“Mining is a school of resilience: markets collapse, machines age, energy fluctuates. But real teams get through it all while staying the course.”

Saimi Barragan, founder & CEO

Want to write the next chapter with us?

Join our community of miners or order your first hosted ASIC.