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Protect your Mining Hardware

Equipment Insurance for Your Mining Hardware

Protect your mining hardware against fire, theft, and extreme weather. Pickaxe Equipment Insurance protects your investment up to its original purchase price — no surprises, just reliable coverage.

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Comprehensive Coverage

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Protect your hardware from the unknown. Mine with peace of mind knowing your machines are shielded from unexpected threats.
Whether it's power surges, overheating, or other unforeseen risks, ensure that your equipment is safeguarded and continues to operate efficiently. With the right protection, you can focus on maximizing performance while minimizing potential downtime and costly repairs.

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How It Works

In the case of an accidental event, we will cover up to the cost of your initial purchase price. This coverage can be used to replace your miner with one of equal value or transferred as credit to your account, giving you the flexibility to choose what works best for you.

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Pickaxe Plan Overview

Plan Details

Benefit Details

What's Covered

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Plan Details

Payment Frequency:

Yearly, or as part of Hosting Bill.

Contract Length:

Recurring annually based on start mining date.

Premium:

Based on initial purchase price of the machine.

Coverage Limits:

Initial purchase price of the machine.

Benefit Details

Replacement Cost Coverage:

USD equal to the Fair Market Value of your machine at the time of contract purchase or renewal, in case of accidental hardware damage.

Replace or Reimburse:

Customers can have their units repaired or replaced, or may receive reimbursement up to the value of the initial purchase.

Volatility Protection:

The miner protection amount holds constant for the entirety of the term, regardless of current market value.

What's Covered

Standard Hosting Plan:

Theft: Not covered

Fire: Not covered

Water: Not covered

Weather/Natural Disaster: Not covered

Nuclear Hazard, War, Governmental Action: Not covered

PickAxe Protection Plan:

Theft: Covered

Fire: Covered

Water: Covered

Weather/Natural Disaster: Not covered

Nuclear Hazard, War, Governmental Action: Not covered

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