Active facilities
10
Across Iowa today.
Company research
Simple Mining Track Record Across Market Conditions
This chart shows how Simple Mining continued to grow through both Bitcoin bull markets and bear markets, from its first repair store to a ten-site, 150 MW operating platform.
Total capacity
150 MW
Current operating profile.
Machines managed
40K+
Across the fleet.
2025 Inc. 5000
#175
2,249% three-year growth.
Operating history
Growth through bull and bear markets
The Bitcoin price line shows market conditions; numbered markers show Simple Mining operating milestones.
Loading Bitcoin price history…
1
Feb. 2021
Opened the first miner repair store
Built an in-house repair capability before the first hosting site came online.
2
Q4 2021
Energized site No. 1
Launched Simple Mining's first owned and operated Bitcoin mining facility.
3
Q4 2022
Energized site No. 2
Added a second operating facility during the industry's 2022 market reset.
4
Q2 2024
Energized site No. 3
Expanded operations alongside a new headquarters and vertically integrated repair center.
5
Q1 2025
Reached 50 MW online
Crossed the 50-megawatt operating milestone with more than 2.5 EH/s online.
6
Aug. 2025
Named No. 175 on the Inc. 5000
Recognized with 2,249% three-year growth and ranked the fastest-growing company in Iowa.
7
Q4 2025
Launched a 50 MW hydro site
A major hydro-cooled expansion pushed total operating capacity beyond 100 MW.
8
Q1 2026
Added another 10 MW site
Continued the multi-site buildout with an additional operating facility.
9
Aug. 2026
10 sites and 150 MW
Simple Mining's current data-center-services profile lists ten active facilities and 150 MW of total capacity.
Bitcoin price source: Blockchain.com market-price history with a live quote appended when available. Quarter-only company milestones are plotted at the middle of the quarter for display; the marker is not an exact energization date.
Why the overlay matters
Growth continued through bull and bear markets
Site No. 2 was energized in Q4 2022, as the Terra/Luna collapse, FTX bankruptcy, and miner distress pushed Bitcoin and mining economics toward cycle lows.
The next buildout arrived around the 2024 halving, when the block subsidy fell from 6.25 BTC to 3.125 BTC. Capacity then expanded from 50 MW in early 2025 to more than 100 MW after a 50 MW hydro launch later that year.
The chart is not claiming that price caused each expansion. It shows that the company kept executing across radically different capital and mining environments.
Evidence and conventions
Dated milestones, transparent placement
Bitcoin prices come from Blockchain.com. The Inc. 5000 rank and growth rate come from Simple Mining's Inc. company profile. Current scale comes from the data center services page.
Quarter-only milestones are plotted at the middle of their quarter. That keeps the visual honest: the marker represents a period, not a fabricated exact energization date.
Company-provided milestones are labeled as such in the source record. Recognition and live-market data link to external sources.
Milestone ledger
The record behind the markers
| Period | Milestone | What changed | Source |
|---|---|---|---|
| Feb. 2021 | Opened the first miner repair store | Built an in-house repair capability before the first hosting site came online. | Company milestone |
| Q4 2021 | Energized site No. 1 | Launched Simple Mining's first owned and operated Bitcoin mining facility. | Simple Mining roadmap |
| Q4 2022 | Energized site No. 2 | Added a second operating facility during the industry's 2022 market reset. | Simple Mining roadmap |
| Q2 2024 | Energized site No. 3 | Expanded operations alongside a new headquarters and vertically integrated repair center. | Simple Mining roadmap |
| Q1 2025 | Reached 50 MW online | Crossed the 50-megawatt operating milestone with more than 2.5 EH/s online. | Simple Mining roadmap |
| Aug. 2025 | Named No. 175 on the Inc. 5000 | Recognized with 2,249% three-year growth and ranked the fastest-growing company in Iowa. | Inc. 5000 company profile |
| Q4 2025 | Launched a 50 MW hydro site | A major hydro-cooled expansion pushed total operating capacity beyond 100 MW. | Company milestone |
| Q1 2026 | Added another 10 MW site | Continued the multi-site buildout with an additional operating facility. | Company milestone |
| Aug. 2026 | 10 sites and 150 MW | Simple Mining's current data-center-services profile lists ten active facilities and 150 MW of total capacity. | Simple Mining data center services |