- Early StageStartup in initial stages
- Website
- Location
- Wenatchee
- Company size
- 1-10 people
- Total raised
- $1.5M
- Company type
- C Corp
- Market
megabigpower.com careers
MegaBigPower pioneered building and operating peta-scale Bitcoin supercomputing facilities. We were first in the US to reach one petahash (one million billion calculations per second). In the last 2 years, we created over 40,000 Bitcoins at a market valuation of $18M.
Our facilities are located in Washington State, in the counties offering the cheapest power rates in the country.
I have the following new phases of construction coming in addition to existing 2MW of operational facility:
Phase 1: 1MW expansion, 50% complete
Phase 2: 2MW expansion, construction beginning Sept 2015
After 2 years of running our original 55nm chip, it is time to replace everything with higher efficiency chips. New technology will allow us to triple our monthly revenues by end of year. When we roll out our new facilities I estimate $750k monthly revenues.
Our facilities are located in Washington State, in the counties offering the cheapest power rates in the country.
I have the following new phases of construction coming in addition to existing 2MW of operational facility:
Phase 1: 1MW expansion, 50% complete
Phase 2: 2MW expansion, construction beginning Sept 2015
After 2 years of running our original 55nm chip, it is time to replace everything with higher efficiency chips. New technology will allow us to triple our monthly revenues by end of year. When we roll out our new facilities I estimate $750k monthly revenues.
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Dave Carlson
Founder, CEO Giga Watt, Inc.
Founder, CEO megabigpower.com • Founder, CEO Buzzlab • Coded at @Microsoft • Studied at @University of Washington
Total raised
$1.5M
Funded over
2 rounds
Latest round
Acquired (Jan 2017)
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