Pickaxe is a Roseville, California-based technology, information, and internet company founded in 2020 by founders Eddie and Vlad. The company began as a passion project in 2020, with the founders mining Ethereum from Eddie’s house using rigs plugged into every available outlet and extension cord. As interest grew from friends and colleagues, Pickaxe was incorporated in 2021 and opened its first proper facility in Roseville, California, offering hosting with reliable power, hands-on support, and transparency. The company transitioned from Ethereum to Bitcoin mining, shifting focus to securing the cheapest, most reliable power sources. Today, Pickaxe operates a growing network of professionally managed facilities across the United States, providing high-capacity, institutional-grade hosting for clients who want to own and operate crypto mining hardware at scale without becoming full-time miners themselves. The company emphasizes trusted, transparent, and scalable solutions, evolving from a scrappy home setup to a professional hosting provider serving individual and institutional clients. As of December 28, 2025, Pickaxe is active with ongoing hosting services, facility expansion, and client support in the Bitcoin mining industry.

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