Silo

Concluded

Remote Bitcoin mining. Users bought mining rigs, and Silo handled the rest, from installation at large US mining farms to payout of mining rewards.

Category
Remote Bitcoin mining
Platform
Web, mobile web
Module
Datacenter Module
Active
2024–2025

Product history

  1. 01Hypothesis

    Korean users want an easy way to mine Bitcoin at large overseas farms.

  2. 02Launch

    From 2024 to 2025, we offered four steps on the web: buying rigs on the user's behalf, installing them at US mining farms, settling mining rewards daily and reselling rigs.

  3. 03Result

    The service has concluded. Its operations live on in the Datacenter Module.

Overview

Silo was a remote mining platform connecting users in Korea with large Bitcoin mining farms in the US.

Silo overview from the original service brochure: the Silo mobile web home, platform figures (10,000 members, 100,000 rigs sold, 160 MW managed, 20 partner data centers, as the North American operator reference), and photos of data centers run by listed miners MARA, RIOT, Core Scientific and IREN
Service brochure from the time (in Korean).

Screens

Checkpoint 01: What is Silo? A remote Bitcoin mining platform run by VASP Mindshift, four steps from purchase to resale
What is Silo?
Checkpoint 02: Why trust remote mining? Planned with mining partner Amanda Fabiano
Why trust remote mining?
Silo return calculator by number of rigs and BTC price at settlement
Expected return calculator

Contact

For advisory, module licensing or partnership inquiries, email us.

support@mindshift.co.kr