Simple Mining x Adam LivingstonThe treasury strategy that produces Bitcoin instead of buying it. Hosted mining, in your name.
Adam's readers know the balance-sheet case for Bitcoin. Hosted mining adds a production line to it: machines you own, converting a fixed power cost into new Bitcoin every day, with payouts to a wallet you control.

Free investor deck
The Bitcoin Mining Investor Deck
The complete mining investment thesis, slide by slide: the macro case, the mining economics, and how a position gets sized.
- The macro case in the language of a balance sheet
- The mining P&L: hashprice, power cost, uptime, and margin
- How a treasury or an individual sizes a first position
Instant download. Nothing to install.
Prefer to talk it through? Book a call with the team. Want to try it first? Start with the free 7-day trial.
45,000+
machines managed
1,200+
clients
150 MW
capacity
$0.065
per kWh, hosting from
Inc. 5000 #391 (2026) · #2 in Computers & Technology · 894% three-year growth · BBB accredited · Cedar Falls, Iowa
Why Adam Livingston partnered with Simple Mining
Accumulate at production cost
Your cost per coin is set by power and hardware, not by the order book. The deck shows the production-cost math at our rates across the cycle, including when it does not beat spot.
Your machines, your keys
Hardware is titled to you. Payouts go to self-custody. No exchange, no lending, and no rehypothecation.
Operator scale, direct access
45,000+ machines managed for 1,200+ clients, 150 MW of capacity, and the #1 rated ASIC repair center in North America. Inc. 5000 honoree in 2025 and 2026, #2 in Computers & Technology.
From The Great Harvest to the hash rate
Scarce assets, produced on purpose.
Adam's argument is that automation squeezes labor-based plans and raises the value of scarce, durable assets. Bitcoin is the scarcest. Mining is how it gets made, and hosted mining lets an individual or a company own a piece of that production without building a facility.
The mechanics are plain. You buy machines. We host them in Iowa at $0.065 to $0.08 per kWh, all-in, with 95%+ uptime targets and repairs done on site. The machines mine, the pool pays your wallet, and you get one hosting bill a month.
For a treasury, it is a way to accumulate at production cost rather than market price. For an individual, it is the same math at a smaller scale.
How it works
- 1
Purchase a miner
Pick a machine with the team based on your budget and hashrate goals.
- 2
Onboard to the dashboard
Set your payout wallet and see every machine and payout in one place.
- 3
Your miner goes live
Installed, connected, and hashing at a Simple Mining facility in Iowa.
- 4
We run operations
Power, cooling, monitoring, maintenance, and repairs are handled on site.
- 5
Bitcoin gets mined
Pool payouts go to the wallet you control.
- 6
One monthly bill
Electricity, hosting, maintenance, and support on a single invoice.
Want production modeled for your balance sheet?
Book a short call. We model machine count, depreciation timing, hosting cost, and expected payouts on your numbers.
Book my callQuestions Adam Livingston's audience asks
Can a company do this, or only individuals?
Both. Businesses buy and host machines with us the same way individuals do, and US businesses may qualify for accelerated depreciation on the hardware. Confirm the tax treatment with your CPA.
How is this different from adding Bitcoin to a treasury?
A treasury purchase acquires Bitcoin at the market price on the day of the trade. Mining acquires it continuously at production cost, and the hardware is a depreciable asset on the books. The deck covers both sides.
What are the risks?
Bitcoin price, network difficulty, and uptime all move revenue. Power cost is fixed by contract. The deck walks through each variable and how it affects breakeven.
Where does the Bitcoin go?
To a wallet address you set in the client dashboard. Pool payouts go straight to it. Simple Mining never holds your coins.
What does the call cover if I book one?
A team member reviews your budget, timeline, and goals, then builds a machine plan with the monthly hosting cost spelled out. There is no obligation.
Hosted mining involves risk. Miner revenue varies with Bitcoin price, network difficulty, transaction fees, uptime, and operating costs.
This page is built for Adam Livingston's audience and is used for partner attribution.