#1
Sazmining
You buy a serial-numbered BTC miner outright; Sazmining hosts it, bills power at cost and takes 15% only on Bitcoin actually mined.
provable
from $0.059 per kWh min $3275
MiningStore Review: fees, KYC and how to sign up
A real, long-running US Iowa hosting operator with a published (self-advertised) 6.7-7.5c/kWh rate, but unaudited and inconsistent capacity claims plus a self-published review site warrant caution.
2 red flagsfacts reported
site reachable · checked 11 h ago · daily check
Red flags (2):
- Self-published 'review hub' can be mistaken for independent validation
- Unaudited, internally inconsistent capacity claims
// Review
by the bestcloudmining editorial desk · curated review · prose updated 2026-10-02 · facts as of 2026-10-02 · how we verify
Overview
MiningStore sells managed mining, hosting, hardware and remote hands from a Cary, North Carolina address under Board Basics LLC, with founder JohnPaul Baric [1][3]. Its capacity story improved (a per-facility MW breakdown now published) [4], but the site still publishes no rates, asserts a "documented SLA" it never shows, and - new to our record - has an undisclosed facility fire in its history [6].
What you can rent
Hosting for your own machines (non-custodial - "You keep ownership of the hardware and the BTC it earns") [2], a managed mining program with monthly BTC payouts to your wallet [2], hardware with a 14-day return window, and a 100-dollar entry product [1] - the 2016-in-Iowa founding story is on its about page [5]. Self-reported footprint: 62.5 MW across 11 Iowa facilities in the MISO/SPP power markets [3]. The facility-count story is internally inconsistent (10 live on one page, 11 total, "14 constructed" on another) [3].
Contract & terms
The terms of service contain a defective governing-law clause - the "laws of" a street address in Cary, North Carolina - and the entity name is spelled inconsistently between footer and terms [4]. Hardware returns: 14 days with a 25 percent or 1,500-dollar restocking fee [2]. The hosting page asserts a "documented SLA" covering power, cooling, network and on-site repair labor - but no SLA document or remedy schedule is published [2]. KYC: none published [2].
Proof & verifiability
The facility list with per-site megawatts is a genuine transparency improvement [3]; the non-custodial payout model is plainly stated [2]. What fails verification: the governing-law clause (a street address is not a jurisdiction) [4], the unpublished SLA [2], and the entity - Board Basics LLC has no search-engine footprint outside MiningStore's own properties [4]. The aggregate ratings on miningstorereviews.com are operator-built ("we built this site") with seven reviews [8] - treat as testimonials, not reviews.
Reliability & history
Founded 2016 in Iowa per its own story [5], domain registered the same year (expiring soon - renewal due within weeks of our check) [5]. The material incident our record missed: a January 2025 fire at the Grundy County, Iowa facility documented by the local Times Republican - firefighters responded to the MiningStore facility, the fire vented through the hoop building, roughly 1,700 machines were on site, and the company "could not be reached for comment" on damage extent [6][7]. That is a track-record fact the operator has never publicly accounted for [6]. Reddit threads about "MiningStore" in 2026 concern the unrelated Australian company; independent US coverage is nil [7].
Pricing
No published $/kWh - the site offers only "industrial rates well below the U.S. retail average" and a notify-me form [1]. The operator's own December 2025 Reddit ads quoted 6.7-7.5 cents per kWh in Iowa - point-in-time, self-published [7]. Managed-mining payouts go to your wallet monthly [2]. KYC: unpublished [2]. The self-reported scale claims (1.2 EH/s under management, 450+ deals) are unaudited [4].
Verdict
MiningStore is a live operator with better facility transparency than most - and an undisclosed fire, a defective legal clause, an SLA nobody can read, and a self-built review site [4][6][7]. Non-custodial hosting lowers the worst-case [9], but you are still trusting an entity whose governing law is a street address [4]. Insure your machines, insist on the SLA document in writing, and treat the 4.9/5 on its own review site as marketing [8][10].
++ What works
- Operating since 2016 with Iowa hosting since 2019
- Named operating entity (Board Basics LLC) with a US address
- Concrete facilities: 62.5 MW across 11 Iowa sites in MISO/SPP (self-reported)
- Multiple products: BYO hosting, managed mining, hardware, remote hands
- US-based support with a documented phone line and 24/7 monitoring claim
-- What to watch
- No $/kWh or minimum published on the website; pricing must be requested
- Capacity/client figures are self-reported and inconsistent (11 vs 14 facilities; 1.2 EH/s; 160 MW+ pipeline)
- The only review aggregator (miningstorereviews.com) is MiningStore-operated
- No published uptime SLA or hosting contract/exit terms
- Hardware returns cost 25% or $1,500, whichever is greater
Pricing reality check
| Documented price | $0.067 per kWh · $100 per year |
|---|---|
| Minimum | $100 |
| Notes | Website publishes no $/kWh (sales-led, 'industrial rates'). The operator's own Reddit ad account u_Miningstoredotco advertised Iowa hosting at 6.7-7.5 cents/kWh in Dec 2025 (an earlier post said 6.5-7.5c) with '10 MW immediate availability'. This is operator-published advertising, point-in-time Dec 2025, not an independent tariff. Hardware returns carry a 25% or $1,500 restocking fee (whichever greater). |
Run the long math before paying: cloud mining calculator →
// How to get started with MiningStore
Built only from what is documented on this page as of 2026-10-02 - anything not documented stays a gap on purpose.
- Open the provider site
Everything happens on miningstore.com - we count the click, nothing else changes for you.
- Pick the smallest unit that still works
Price from $0.067 per kWh, minimum $100 - start with the minimum, not with the plan the checkout page pushes.
- Read the term before you sign
maintenance Included in hosting service (not separately published) · refund: Hardware returns: 14 calendar days from receipt, unused and in original packaging. A term you did not read is money you cannot get back.
- Verify the output, not the dashboard
No independent proof is documented. Withdraw the first payout early and compare it with the pool worker or your own wallet.
Then run the math: mining calculator · contract vs. HODL · all ASIC hosting providers.
// Is MiningStore legit?
Short answer: Based on our checks as of 2026-10-02: MiningStore scores 5.4/10 in our weighted review. We logged 2 red flags (listed above). Facts are reported, not fully verified - test with a small purchase and a withdrawal first. User reports and operator background are documented with dated sources in the meta-review below.
| Status | active |
|---|---|
| Operator | MiningStore (operated by Board Basics LLC) · HQ United States (medium) |
| Founded | 2016 |
| Proof | none published |
| KYC | not documented |
Red flags
- Self-published 'review hub' can be mistaken for independent validation
- Unaudited, internally inconsistent capacity claims
What "legit" does not mean
A real, operating provider can still lose you money: with a contract you own no hardware, revenue follows coin price and difficulty, and most published contracts are priced so the seller comes out ahead. "Legit" means the operator exists and pays what its terms promise - not that the deal is profitable. 12 dated sources back this page; they are listed under sources.
// Alternatives to MiningStore
Same category, scored on the same criteria - so the comparison stays honest. Compare only in the same unit, and read the minimum, KYC and proof columns before switching.
#2
SimpleMining (SimpleMining OS)
Polish GPU mining OS (SMOS, $2/rig/month prepaid) plus SimplePod.ai GPU cloud; not an ASIC host despite the name.
from $0.050 per GPU/hr
#3
Terra Hashes
US ASIC hosting from $0.0750/kWh (1 MW+) with a one-time $100 setup fee and a live ASIC marketplace; Indiana, founded 2022.
from $0.075 per kWh
#4
Abundant Mines
Flat $225/machine/month all-inclusive Bitcoin hosting in six self-owned Oregon sites; customer owns the ASIC and keeps 100% of BTC.
from $225 per machine/month min $225
Ready to try MiningStore? Start small, verify one payout, and only scale up once the hashrate or compute actually matches what you paid for.
// MiningStore FAQ
Is MiningStore legit?
Based on our checks as of 2026-10-02: MiningStore scores 5.4/10 in our weighted review. We logged 2 red flags (listed above). Facts are reported, not fully verified - test with a small purchase and a withdrawal first. User reports and operator background are documented with dated sources in the meta-review below.
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