MiningStore is a US Bitcoin mining hosting operator running 62.5 MW across 11 Iowa facilities in the MISO and SPP wholesale power markets, with corporate offices in Cary, North Carolina (legal entity Board Basics LLC). Customers ship their own ASICs to be racked, powered, monitored and repaired in air-cooled and immersion sites; it also sells managed mining (hardware procurement plus day-to-day operations), remote-hands technician support, and hardware procurement. Mining since 2016, it reports 10,000+ ASICs under management for 180+ institutional clients across 14 sites developed to date.
Recent Activity
TrustpilotMost recent mention
"Mining Store and their CEO JP Baric have serious issues and no ethics. I moved hundreds of miners to their facilities and we had constant issues with delay after delay miners being offline for weeks and some for months.…"
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BBB Profile
Mining Type
ASIC Air-Cooled
ASIC Hydro-Cooled
ASIC Immersion-CooledLocations
⚖️ Regulatory
Checked against 4 regulator sources — no warnings found.
Reads whatever court/regulator sources are configured for this score (see the Regulatory section below) and reports back — it's a starting point for your own research, not a verdict.
- IOSCO Investor Alerts:5.0/5(Not listed)· checked Jul 9, 2026view ↗
Not named on IOSCO’s Investor Alerts Portal as of 2026-07-10 (checked by name and domain). Scored 5.0/5 under this project's pass/fail convention for regulator lists: clean = 5.0, listed = 1.0.
- UK FCA Warning List:5.0/5(Not listed)· checked Jul 9, 2026view ↗
Not named on the UK FCA Warning List as of 2026-07-10 (checked by name and domain). Scored 5.0/5 under this project's pass/fail convention for regulator lists: clean = 5.0, listed = 1.0.
- US SEC PAUSE List:5.0/5(Not listed)· checked Jul 9, 2026view ↗
Not named on the SEC PAUSE list as of 2026-07-10 (checked by name and domain). Scored 5.0/5 under this project's pass/fail convention for regulator lists: clean = 5.0, listed = 1.0.
- US CFTC RED List:5.0/5(Not listed)· checked Jul 9, 2026view ↗
Not named on the CFTC RED List as of 2026-07-10 (checked by name and domain). Scored 5.0/5 under this project's pass/fail convention for regulator lists: clean = 5.0, listed = 1.0.
🛡️ Trust SignalsA
Checked against 4 trust signals — see the per-source breakdown below.
Reads whatever site-health/trust sources are configured for this score (see the Trust Signals section below) and reports back — it's a starting point for your own research, not a verdict.
Trustpilot Summary3.2★
3.2 from 4 Trustpilot reviews — far too small a sample to carry meaning as a score, but the newest review changes what the profile is about. The two positives are detailed and both come from hosting customers: one describes moving a fleet to the company's Iowa site with responsive management, thorough contract-review communication and miners racked ahead of schedule, explicitly contrasted against years of poor service elsewhere; the other describes mining running as genuinely passive income with hardware advice up front and machines maintained over time. The newest review, from August 2026, is a different class of evidence from the earlier one-line "avoid" complaint. A customer who says they hosted hundreds of miners alleges repeated multi-week outages that had to be chased before anyone looked, a facility fire that destroyed dozens of their machines, a response amounting to "you should have insured them", a $4,000 charge to release the surviving hardware, and — most seriously — a hosting and electricity deposit of over $60,000 withheld for more than ten months despite multiple signed agreements to return it within thirty days. The reviewer puts total damages above $500,000 and states a lawsuit has been filed in Iowa. That is a single, uncorroborated account. Nothing else on file supports it, and it contradicts the framing the rest of the record had carried — that MiningStore's disputes were about economics and fee transparency rather than hardware going unracked. It is specific and first-person, and it sits beside a separate one-star from a self-described customer of over six years, so it should not be dismissed; but it should be read as an allegation awaiting corroboration, not as an established fact. Anyone considering hosting here should get fire, insurance and deposit-return terms in writing, and should check the live profile for any company response to the August review before committing hardware.
Compiled from public forum/search discussion (via manual research, automated tools, or both), not independently verified. Reflects poster opinions, not confirmed fact.
🔍 View on Trustpilot ↗
Google Search SummaryC-
The review record here is polarised. Positive reviewers describe responsive management, thorough communication through contract review, a knowledgeable team and bitcoin mining made genuinely passive. Negative reviewers describe the opposite kind of experience entirely: one says deposits are easy and withdrawal impossible, another that a machine was shipped through three different countries and arrived useless, with further complaints of delayed shipment and high pricing. Scanners report a low trust score for miningstore.com. One caution matters more than any single review: Trustpilot's better-rated profile at roughly 3.9-4.1 belongs to miningstore.com.au, a separate Australian domain, and the relationship between it and miningstore.com is not established — so the two review sets are deliberately not merged here, and the friendlier Australian score should not be read onto this listing. Held at C- pending that identity question being settled.
Compiled from public forum/search discussion (via manual research, automated tools, or both), not independently verified. Reflects poster opinions, not confirmed fact.
🔍 Search Google for "MiningStore reviews" ↗Reddit Summary
Multi-angle Reddit search across exact, review and hosting finds no genuine customer discussion of MiningStore. Every company-specific result is the company talking about itself: an eight-year-old r/BitcoinMining hosting advertisement from u/Miningstoredotco whose only replies are pricing questions it answered itself, and the vendor-run r/miningstore subreddit which offers a discount code for posting. The rest is collision noise - 'mining store' as an ordinary phrase in game and delivery subreddits, a separate Montreal crypto shop, and threads belonging to the Australian miningstore.com.au, which is a different domain identity from our miningstore.com and is not treated as evidence here. No reddit_grade assigned: this is a genuine ZERO on Reddit specifically. Note that the substantive customer record for this company lives on other sources (Trustpilot/BBB), not on Reddit, so an absent Reddit grade should not be read as an absence of evidence overall.
Compiled from public forum/search discussion (via manual research, automated tools, or both), not independently verified. Reflects poster opinions, not confirmed fact.
🔍 Search Reddit for "MiningStore" ↗