Hydro Hash

Hydro Hash

Early Stage

Liquid-cooled crypto mining powered by renewable energy

Liquid-cooled crypto mining powered by renewable energy

Overview

Raised to Date: Raised: $5,000,000

Total Commitments ($USD)

Platform

Republic

Start Date

02/02/2022

Close Date

04/21/2022

Min. Goal
$25,000
Max. Goal
$5,000,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$12,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/29/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$64,935

# of Investors

5,004

Momentum
Funded
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Year Founded

2021

Industry

Financial & Insurance Products & Services

Tech Sector

EnterpriseTech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

Location

ALBUQUERQUE, New Mexico

Business Type

High Growth

Hydro Hash is raising funds on Republic. The company provides liquid-cooled crypto mining powered by renewable energy. The application-specific integrated circuits of Hydro Hash can be run cool and have extended longevity and higher efficiency. Hydro Hash offers a dynamic selection of coins or algorithms to mine based on profitability. James McGibney founded Hydro Hash in December 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $5,000,000. The campaign proceeds will be used for expansion and scaling up.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$8,575

$0

Tax

$0

$0

 

 

Net Income

$-8,575

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,000

$0

Accounts Receivable

$0

$0

Total Assets

$1,000

$0

Short-Term Debt

$9,575

$0

Long-Term Debt

$0

$0

Total Liabilities

$9,575

$0

Financials as of: 02/02/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Hydro Hash 06/29/2023 Republic $19,500,000 $495,750 SAFE Funded RegCF
Hydro Hash 04/20/2022 Republic $12,000,000 $5,000,000 SAFE Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Hydro Hash on Republic 2022
Platform: Republic
Security Type: SAFE
Valuation: $12,000,000

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