New Mining Hosting operates 65 megawatts of ASIC colocation in the US Northern Plains. Five sites, one operator, eight years of uptime. Power from long-term utility contracts. Rate floor at $0.062/kWh.
Every number on this page is from our actual operating contracts and metered power data.
Long-term agreements with North Dakota utilities lock in our base rate. Cold climate reduces PUE overhead. Clients pay a fully-loaded hosting rate that includes power, cooling, and ops.
Grand Forks area, Langdon ND, Bemidji MN, Moorhead MN, and Scribner ND. Geographic distribution across sites reduces single-point outage risk for large deployments.
On-site teams at each major facility. Hardware is monitored 24/7. Reboot and reset response within the same shift. Power curtailment events are rare and logged per utility contract.
Standard hosting agreements run 6 or 12 months. Shorter terms available for pilot deployments (minimum 100 kW). Contract execution to first hash in 30 days or less.
New Mining Company started with a 1 MW operation in Moscow in 2017 and expanded through Russia, Kazakhstan, and Georgia before relocating fully to the United States in 2024. The company now operates 65 MW across North Dakota and Minnesota under NMC Group LLC. Founder Denis Slabakov is an IEEE Senior Member (MIPT graduate) with nine years of hands-on mining operations experience across multiple power markets and regulatory environments.
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