HashPlex hosts customers' Bitcoin mining rigs: users ship hardware to HashPlex, specify the mining software, and HashPlex manages the rest. The company charges by power usage with plans starting around $89 per kilowatt per month and offers example pricing such as $99/month for a KNC Miner Jupiter and $297/month for a Butterfly Labs Mini‑Rig. HashPlex positions itself as an AWS-like solution for Bitcoin mining and contrasts its offering with competitors such as CloudHashing. The startup is based in Seattle and is using its new capital to build its first “HashCenter” in Central Washington. Co‑founders Bernie Rihn, who worked in thermal design at Apple, and George Schnurle, a Stanford‑trained mechanical engineer, lead the company.

Total raised

$0M

Funding rounds

1

Latest round

Seed

Latest activity

Jun 2014