Hashwhale

The company's primary product, Simple Mining, allows users to purchase cloud hashrate contracts starting at $100 without acquiring hardware, managing data-center facilities, or paying electricity costs directly. At contract maturity, holders can elect principal protection, BTC withdrawal, or auto-renewal. Alongside Simple Mining, HashWhale offers Simple Earn and a Convert function. Two financing products extend the suite: the Electricity Cost Loan, under which HashWhale advances electricity charges with repayments deducted from mining returns, and the Hashrate Loan, a leveraged mining facility for senior VIP account holders. A referral program distributes 1:1 USDT-pegged WHALE tokens, redeemable against electricity fees or additional cloud hashrate purchases.

HashWhale holds a U.S. Money Services Business registration with FinCEN (number 31000312797767), providing a federal compliance framework for its North American user base. The platform is accessible via mobile applications on iOS (App Store ID 6740134899) and Android. Singapore's ACRA classifies the entity under SSIC 62023 (Computer Facilities Management Activities); as of July 2025, the company reported five employees on its annual return filing.

Co-Founder and CEO Andy Wang has cited direct involvement in Bitcoin mining facility development since 2017. Through 2025, HashWhale maintained an intensive conference schedule across two hemispheres: the company exhibited at Mining Disrupt 2025 (March 25, 27, Broward Convention Center, Fort Lauderdale, Booth #67), described in contemporaneous trade coverage as the only cloud mining operator at the event, where Wang delivered a keynote titled "Cloud Mining Ecosystem For Everyone." On February 20, 2025, HashWhale hosted a Bitcoin HODL Night side event in Hong Kong, drawing institutional investors, KOLs, and Web3 entrepreneurs to discuss cloud mining market trends. The company also sponsored the Bitcoin 2025 Vegas Summit (May 27, 29, Las Vegas), with Wang joining a core mining-sector roundtable, and exhibited at BitcoinAsia 2025 (August 28, 29, Hong Kong Convention and Exhibition Centre, Booth #37), where Wang joined a panel titled "Asia's Mining Renaissance."

In 2025, HashWhale opened the second phase of its node partner program, introducing a multi-level affiliate structure aimed at expanding distribution across Asian and North American markets.