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About Us

Our Story

Pickaxe started as a scrappy experiment between our two founders, Eddie and Vlad.

In 2020, we were mining Ethereum out of Eddie’s house—literally filling every outlet he had with rigs and extension cords. What started as a passion project quickly turned into something bigger as friends and colleagues began asking how they could get started with their own mining operations.

In 2021, we incorporated Pickaxe and opened our first proper facility in Roseville California, offering hosting for a small group of early clients who wanted reliable power, hands-on support, and transparency they couldn’t find elsewhere.

As the industry evolved, so did we. We transitioned from Ethereum to Bitcoin mining and shifted our focus to finding and securing the cheapest, most reliable power available. Today, Pickaxe operates across multiple facilities in the US, providing high-capacity, professionally managed hosting for clients who want institutional-grade infrastructure without becoming full-time miners themselves.

What began as a couple of founders overloading a residential breaker panel is now a growing network of mining operations built around one simple idea:
give people a trusted, transparent path into owning and operating crypto mining hardware at scale.

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Pickaxe

Company Leadership

Pickaxe is cryptocurrency mining firm dedicated to leveraging the power of advanced mining technology to help our clients source and efficiently operate their crypto mining equipment. With our headquarters located in Northern California, our company has been operating since 2019, fostering innovation and efficiency in the crypto-mining industry.

Pickaxe is based in the United States with connections stretching across the globe. Our team works closely with all of the major manufacturers at the heart of the crypto mining industry. We utilize our large buying power to secure the best pricing of machines at significant quantities, allowing us to give industry leading deals to every one of our clients

CEO, Co-Founder
Vlad
Kolomyza

Vlad (Pictured Right) is the Co-Founder and CEO of Pickaxe, leading the company’s operations, infrastructure acquisition, and strategic growth. He oversees data center performance, site expansion, and long-term development, ensuring Pickaxe delivers high-efficiency, secure mining solutions. Vlad’s focus on operational excellence and innovation drives the company’s success and expansion into new markets.

President, Co-Founder
Edward
Zhidovlenko

Eddie (Pictured Right) is the Co-Founder and President of Pickaxe, overseeing partnerships, client relations, and business development. He leads the company’s sales and growth initiatives, helping build a strong network of clients and investors. Eddie’s commitment to trust, transparency, and service ensures that Pickaxe remains a leader in crypto mining solutions.

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Mining on Your Own vs Pickaxe Hosting

Our Data Centers

We offer hosting services across North America, and our years of experience in IT infrastructure allow us to bring you exceptional value at an affordable price point. We make it easy for partners to white label our solutions and create and scale their own industrial grade mining operations.

2 mining rigs
Setup Costs
Time to Operate
Energy Rates
Ongoing Maintenance
Resale Support
Risk of Downtime
Tax Benefits
Self Mining
Setup Costs
$250,000+ for infrastructure setup alone, then $5k+ per unit
Time to Operate
Months to years
Energy Rates
Variable and expensive
Ongoing Maintenance
You manage everything
Resale Support
Find buyers yourself
Risk of Downtime
High without expertise
Tax Benefits
Complicated
Premium Hosted Mining
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Setup Costs
$0 for infrastructure setup, $25,000+ for 5 unit intial purchase
Time to Operate
Start mining in days
Energy Rates
Fixed low-cost energy
Ongoing Maintenance
Expert-run with 24/7 oversight
Resale Support
Professional resale support
Risk of Downtime
95-99% uptime guarantee
Tax Benefits
Simple: Large first-year depreciation + operating offsets.

*Disclaimer*
Pickaxe Crypto Mining does not sell or offer investment products or financial advice. Our services are limited to the sale of crypto mining equipment and hosting solutions. Estimated monthly production is rounded based on the production numbers of Jan 2025 performance history via the Nicehash profitability calculator and a Bitcoin price of $106,000. Production is subject to change. Cryptocurrency mining and trading are inherently volatile, and returns are subject to market fluctuations, network conditions, and other external factors. Pickaxe does not guarantee earnings, estimated returns, or profit estimates to be accurate as they are subject to change based on daily market price fluctuations, difficulty, Block Luck, estimated equipment lifespan, and other factors. Customers should conduct their own research and consult with a qualified advisor before engaging in cryptocurrency-related activities.

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California Based
Corporate Office
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Why Choose Pickaxe?

Private Client Services

Pickaxe is a crypto mining company that’s fusing data technology with institutional-grade finance unlike anyone else in the industry.

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Dedicated Client Advisor

Get a dedicated advisor that not only manages your operation, but knows you and what is important to you.

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Direct Line of Contact

Get priority service - a direct line of communication for any questions regarding your operation.

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Personalized Attention

Work with your advisor to develop and consistently update a strategy that is best-suited for you.

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Someone on Your Side

Our advisors have one job: to make sure our customers are happy with their crypto mining operation.

The Smarter Way
To Acquire Bitcoin