Simple Mining x Gary BrodeBitcoin below spot, with the inputs shown. The allocator's version of mining.
Gary Brode's readers underwrite positions. This deck lays out hosted Bitcoin mining the way a family office reviews it: the cost-basis math, the operating risks and how each is managed, how a position gets sized, and what the exit looks like.

Free 24-slide deck
The Family Office Deck
The same deck we walk family offices through before they allocate to hosted mining.
- How hosted mining produces Bitcoin at production cost, and when that sits below spot
- The risk register: price, difficulty, uptime, and power, with how each is managed
- Position sizing and the exit path, including the client machine marketplace
Instant download. No call required to read it.
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 Gary Brode partnered with Simple Mining
Transparent inputs
All-in $/kWh, uptime targets, and repair turnaround are stated up front. Opaque cost structures are the main reason mining deals disappoint, so we publish ours.
Titled hardware, self-custody payouts
The ASICs are yours, in your name. Pool payouts go to a wallet you control. Simple Mining never holds client Bitcoin.
An operator with a track record
45,000+ machines managed for 1,200+ clients, with an in-house ASIC repair center rated #1 in North America. Inc. 5000 honoree two years running: #391 in 2026 and #2 in Computers & Technology.
The allocator's view
Mining is a cost-basis decision.Underwrite it like one.
A spot buyer pays the market price for every coin. A hosted miner pays for power and hardware and receives Bitcoin at whatever that production costs. When the all-in cost per coin sits under spot, the position carries a discount that a spot purchase never has.
The inputs are knowable in advance. Power is contracted at $0.065 to $0.08 per kWh, all-in. Uptime is measured against a 95%+ target. Price and difficulty move, and the deck shows how each one changes the cost basis so the position can be stressed before it is sized.
You hold title to specific machines in our Iowa facilities. They can be sold on the client marketplace, so the position has an exit that does not run through us.
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 a position modeled on your numbers?
Book a short call with the Simple Mining team. Bring a budget. We bring the machine plan and the hosting math.
Book my callQuestions Gary Brode's audience asks
Who holds the Bitcoin that gets mined?
You do. Payouts go from the mining pool to a wallet address you control. Simple Mining never custodies client coins.
What happens to the position if Bitcoin's price falls?
Revenue per machine falls with it while the power cost stays fixed. The deck walks through breakeven at several price and difficulty levels so you can see where the position stands before committing.
How is a position sized?
Most allocators start with a machine count that keeps the monthly hosting bill inside a set budget, then add after the first payouts land. The deck includes the sizing framework we use in those conversations.
What if I want out?
Machines are titled to you. List them on the Simple Mining client marketplace, or have them shipped to you or another host. The exit does not depend on us buying them back.
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 Gary Brode's audience and is used for partner attribution.