Mining Store Review 2026
Last updated: July 2026 · Rated 6.8/10 by our methodology
Iowa host operating since 2016 with a transparent 62.5 MW across 11 facilities and direct-to-wallet hosting — a real US track record, though its Trustpilot base is thin and the focus is largely institutional. Mining Store has been operating for 10 years.
Datasheet
| Founded | 2016 (10 years) |
|---|---|
| Business model | hosting |
| Headquarters | Iowa, USA |
| Facilities | USA (Iowa, 62.5 MW across 11 facilities, MISO+SPP) |
| Price (all-in) | on request / model-dependent |
| Setup fee | Not published |
| Minimum term | — |
| Payout | Direct to own wallet (you hold the wallet); BitVault entry product is platform-based |
| Trustpilot | 3.6 / 5 (3 reviews) |
| Known incidents | No lawsuits or scandals found. Note: US entity (miningstore.com) distinct from AU sister site. |
| Supported miners | Air-cooled ASIC, hydro-cooled ASIC |
How Mining Store pays out
Mining Store handles payouts as follows: Direct to own wallet (you hold the wallet); BitVault entry product is platform-based. Because rewards go straight to a wallet or pool you control, your counterparty risk is low: even if the provider ran into trouble, the Bitcoin you have already earned is in your custody, not sitting on their books. This is the arrangement we prefer, and it is a meaningful advantage over platform-balance models. The distinction between direct-to-wallet and platform-balance payouts is one of the most important — and most overlooked — factors when choosing a mining provider.
Pricing & fees in detail
Mining Store does not publish a per-kWh electricity price. That is expected given its model: it operates as colocation hosting (you own the hardware, they run it in their facility). Instead of a flat $/kWh figure, your cost is expressed through a revenue share or bespoke arrangement quoted per case. The setup cost is Not published and the minimum term is —. Because there is no transparent electricity rate, the burden is on you to request an exact quote and convert it into an effective $/kWh so you can line it up against the $0.065–$0.08/kWh benchmark we track. Providers without published pricing are not automatically worse — but they do require more due diligence before you can compare them like-for-like against transparent hosts.
Score breakdown
| Criterion | Weight | Score |
|---|---|---|
| Price | 30% | 6.5/10 |
| Track record | 30% | 7.5/10 |
| Transparency | 20% | 6.5/10 |
| Support | 20% | 6.5/10 |
| Total | 6.8/10 |
Pros & cons
Pros
- 9+ year track record (since 2016)
- Transparent 62.5 MW / 11 Iowa facilities on low-cost MISO/SPP power
- Direct-to-wallet for hosting/managed
- Air- and hydro-cooled options
Cons
- No public all-in kWh price (on request)
- Thin Trustpilot base (~3 reviews, 3.6/5)
- Strongly institutional focus
- BitVault entry product is platform-based, not self-custody
Best for / Not for
✓ Best for
- Larger or long-horizon setups that need a proven operator
- Self-custody miners who insist on direct-to-wallet payouts
- People who already own (or plan to buy) their own ASICs
✗ Not the best fit for
- Self-custody purists who refuse to leave rewards on a platform balance
Frequently asked questions
Is Mining Store legit?
Mining Store is a real, operating hosting that has been active for 10 years. Our research surfaced this on its record: No lawsuits or scandals found. Note: US entity (miningstore.com) distinct from AU sister site., and its Trustpilot score sits at 3.6/5 across 3 reviews. Treat any single rating as one signal among several and verify current terms yourself.
What does Mining Store cost?
Mining Store does not publish a per-kWh price. As colocation hosting (you own the hardware, they run it in their facility), cost is expressed differently — via hashrate/platform fees or per-listing terms rather than a flat electricity rate. Setup: Not published. Minimum term: —. Get an exact quote and compare it against the $0.065–$0.08/kWh benchmark before committing.
Does Mining Store pay to my own wallet?
Yes. Mining Store pays direct to own wallet (you hold the wallet); bitvault entry product is platform-based, so mining rewards land in an address you control — the lower-counterparty-risk arrangement.
How long has Mining Store been operating?
Mining Store was founded in 2016, so it has roughly 10 years of operating history as of 2026 — long enough to have weathered at least one Bitcoin halving cycle.
Our verdict
Iowa host operating since 2016 with a transparent 62.5 MW across 11 facilities and direct-to-wallet hosting — a real US track record, though its Trustpilot base is thin and the focus is largely institutional. With a data-driven score of 6.8/10, Mining Store lands in the solid mid-field of the providers we track. Pricing is roughly market-typical, and its transparency is acceptable but not exemplary. Its incident history (No lawsuits or scandals found. Note: US entity (miningstore.com) distinct from AU sister site.) is something you should weigh seriously. The direct-to-wallet payout keeps counterparty risk low. As with every provider, treat this review as a starting point: verify current terms yourself, start with a small allocation, and scale only once the provider has proven itself with your own money.
Opens the official Mining Store website in a new tab. Verify all current terms directly with the provider.
Affiliate disclosure: Outbound links to Mining Store may be affiliate links. This never influences the rating above — see our methodology.