Republic Republic Republic
  • Log in
Open account
Oops! We couldn’t find any results...
Can’t find a deal? Try advanced search.
Is something missing? Add your suggestion here.
Primary market Live deals Trading Buy and sell Republic Note Own a piece of Republic's upside
Republic Ventures Opportunities for accredited investors
Republic Capital Multi-stage venture firm
Wallet Manage your digital assets Mobile app Available on iOS or Android Learning center Explore investor resources FAQ Get your questions answered
Capital fundraising Raise on Republic Tokenized assets Design, launch, manage tokenized assets Sharedrops Gift equity as a reward Founder Academy A complete guide to raising funds
Advisory Access veteran web3 advisors Infrastructure Stake your digital assets Tokenization Deploy your assets on-chain
Republic Capital In-house Venture Capital fund Broker dealer Regulated capital services
Republic Republic Republic
Oops! We couldn’t find any results...
Can’t find a deal? Try advanced search.
Is something missing? Add your suggestion here.
  • US

  • Log in
  • Open account
All investors
Primary market Live deals Trading Buy and sell
Republic Note Own a piece of Republic's upside
Accredited only
Republic Ventures Opportunities for accredited investors
Institutional
Republic Capital Multi-stage venture firm
More
Wallet Manage your digital assets Mobile app Available on iOS or Android Learning center Explore investor resources FAQ Get your questions answered
Growth capital solutions
Capital fundraising Raise on Republic Tokenized assets Design, launch, manage tokenized assets Sharedrops Gift equity as a reward Founder Academy A complete guide to raising funds
Web3 services
Advisory Access veteran web3 advisors Infrastructure Stake your digital assets
Tokenization Deploy your assets on-chain
Institutional services
Republic Capital In-house Venture Capital fund
Broker dealer Regulated capital services

Hydro Hash isn't accepting new investments

Hydro Hash’s deadline was April 21, 2022

Follow the company to stay updated on their progress, including future investment opportunities


Explore new investment opportunities:
View companies raising now
Campaign ended
Logo of Hydro Hash

Hydro Hash

Liquid-cooled crypto mining powered by renewable energy
Crypto
Facebook Telegram Twitter LinkedIn
Featured image of Hydro Hash
Fully Funded
$5,000,000
Raised
4,989
Investors
Successfully funded and closed on April 21, 2022.
Invest in Hydro Hash

Open for investment

Investors in Hydro Hash also invested in these companies. View more
Logo of  Metaintro

Metaintro

The Bloomberg of Labor Markets - AI-powered workforc...

Republic Funding Portal · Reg CF
Logo of Rentberry

Rentberry

Invest Pre-IPO in the AI Revolution Transforming $13...

Republic Funding Portal · Reg CF
Logo of The Sports Bra

The Sports Bra

The world's first sports bar fully dedicated to wome...

Republic Funding Portal · Reg CF
Logo of Lumida Wealth

Lumida Wealth

Lumida is Scaling. Invest in the AI Platform Disrupt...

Republic Funding Portal · Reg CF
Logo of Anodos Labs Inc

Anodos Labs Inc

Banks have had their time. Now, it's yours. One app,...

Republic Funding Portal · Reg CF
Logo of Finless Foods

Finless Foods

Sustainable sushi-grade tuna to meet a growing suppl...

Republic Funding Portal · Reg CF
Logo of Yakuru Inc.

Yakuru Inc.

Precision supplements, biometrics, and AI performanc...

Republic Funding Portal · Reg CF
Logo of Code Blue

Code Blue

AI that calls for help when you can’t

Republic Funding Portal · Reg CF
Logo of Mintworks

Mintworks

$30T opportunity by 2030. We turn any asset into dig...

Republic Funding Portal · Reg CF
Logo of Cognivix

Cognivix

Robots that learn new assembly tasks from one demons...

Republic Funding Portal · Reg CF
Loading...
Pitch Updates 15 Reviews 1180
Invest Invest in Hydro Hash
Facebook Telegram Twitter LinkedIn
Closed on April 21, 2022. Information may not be up-to-date. Campaign closed on April 21, 2022. Information displayed may not be up-to-date.
Problem Solution Product Traction Biz. model Competition Vision and strategy Team
About Team

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Hydro Hash Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Hydro Hash Crowd SAFE Hydro Hash Form C.pdf
Loading

Hear from some of the 4,989 investors in Hydro Hash


Show more

Highlights


  • Liquid-cooled crypto mining for greater efficiency
  • Powered by cheap and sustainable hydropower
  • Dynamic selection of coin/algorithm to mine, based on profitability
  • Led by experienced miners and tech entrepreneurs
  • Vision: the world's most advanced & efficient crypto mining operation

Problem


Miners are still air-cooled in a liquid-cooled world

Almost all crypto mining rigs are air-cooled, just like an old VW bug or boring beige computer.

Modern cars and gaming PC´s have gone liquid-cooled, and for good reason: it’s cheaper and more reliable to cool with liquid than with air. Even Tesla batteries are liquid-cooled.

—
Crypto's sustainability problem

Crypto mining is routinely criticized for being environmentally unfriendly. Bitcoin mining consumes 0.5% of all electricity used globally—that’s more than the entire population of Finland’s 5.5 million people.

Solution


Liquid-cooled mining powered by renewable energy

With a liquid-cooled mining rig, the ASICs (Application-Specific Integrated Circuits) can reliably be run cool. Maintaining a narrower and more predictable temperature range extends their longevity, while running higher sustained loads for greater efficiency. This consumes less overall power for a given hashrate and increases the overall profitability of operations.

—
Renewable energy can cost less

The average electricity rate in the U.S. is $0.1042 per kilowatt-hour, but hydroelectric power can be bought in quantity for as low as $0.06/kWh—including hosting—and even less without.

Product


Efficient to maximize results

  • We run a mix of commercially available miners, both ASIC and GPU.
  • We use liquid cooling, a mix of both waterblock and immersion. This gives us increased efficiency and results.
  • We dynamically select the coin/algorithm to mine based upon current profitability calculations.
  • We hold the results: both BTC and staking ETH 2.0.
  • Would you rather just hold cryptocurrencies, or mine more every day?

—
Types of cooling

  • Waterblock cooling generally requires custom waterblocks for each type of miner. We are working with third party partners to supply these. Waterblocks are readily available for GPU's but are pretty much custom development work for ASIC's.  
  • Bitmain has announced a liquid cooled miner straight from the factory ... we'll see when we can actually get our hands on them, we're not going to wait.
  • In the meanwhile, you can take any liquid cooled computing device and unceremoniously dump it in a tank of mineral oil and it will run fine—even better, it will run cooler. You still need to cool that mineral oil, but we have a way to start mining liquid cooled right out of the gate.

—
This is all a lot of work, and highly technical, and easy to get wrong, but we do this so our shareholders don't have to. Shareholders own a piece of the company and the company mines crypto every day.

Traction


Experienced out of the gate

We are a brand new company, so at least we haven't made any mistakes yet.  However, our key team members have mined crypto as far back as 2011 and built custom liquid cooled mining rigs by hand ourselves. We are taking things up a level and doing it all by best practices and at scale.

We got this.

Business model


How we all make money

We mine crypto, mostly BTC on ASIC but some other coins on GPU (with algorithms that select whatever is most profitable at the time). We "hodl" in BTC and stake Ethereum.

Note that ASICS are the fastest miners and are well suited for BTC. Ethereum, and similar cryptos, are made to be "ASIC-resistant" and is best mined on GPU.

We have to buy mining rigs and apply liquid cooling to them, this is where most of the capital goes. The listed prices of miners rarely reflect the actual price and delivery dates promised can get delayed for months. We've even heard of the manufacturers running the gear themselves when prices are high, for months at a time, and only shipping when the price drops.

Competition


We've got some
big shoes to fill

People are making crazy money mining crypto, and the stock prices of the publicly traded companies in the space reflect that.


We believe the efficiencies from liquid cooling will give us the edge.

*market caps as of Jan 27, 2022

Vision and strategy


Our mission

To become the most technically advanced and efficient crypto mining company on the planet...

...scaling in size to the top of our industry...

...all while maintaining a sustainable energy footprint.

Team


Experienced miners and successful entrepreneurs

Rick Bentley: Chairman

Rick Bentley, Chairman. Rick Bentley has a long history of leadership and innovation in Silicon Valley. He was first mining crypto in 2015 while working full time at Google. When Ethereum came out he was mining on liquid-cooled GPU rigs of his own design.

He’s started several tech companies: one was backed by Softbank and bought by Uber; another has had two successful Reg CF rounds, on Republic and Wefunder, and a Reg A+ fundraise of over $30M. Mr. Bentley has a B.A. in Physics and a Masters in Engineering from University of California at Berkeley. 

—
James McGibney: CEO

James has a long track record of successful startup experience. James founded SecuraTrak, Cheaterville, and Bullyville. His work has gotten him interviews on Dr. Phil, ABC Nightline, Anderson Cooper and others. He has also been a Senior Director of Cybersecurity at Rosendin since 2013. He has a Cybersecurity Certification from Harvard University, a Masters degree from Boston University and was a United States Marine from 1992-2000. 

—
Brad Degnan: CTO 

Brad Degnan has a long history of Systems Administration in Silicon Valley. He has managed servers and networks for Electronic Arts, deCarta (bought by Uber), IronPort Systems, Cisco, Thoughtmatrix, Enmetric Systems and Redaptive. He first started mining BTC in 2011.  

Deal terms


Funding range
$25K / $5M
100% of $25K minimum offering amount has been reached.

Hydro Hash needs to raise $25K before the deadline. The maximum amount Hydro Hash is willing to raise is $5M.
Learn more
Security type
Crowd SAFE
A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event.
Learn more
Conversion Price
$1.20
Deadline
April 21, 2022
Hydro Hash needs to reach their minimum funding goal before the deadline ().If they don’t, all investments will be refunded.
Learn more
Minimum investment
$100
The smallest investment amount that Hydro Hash is accepting.
Learn more
Maximum investment
$500K
The largest investment amount that Hydro Hash is accepting.
Learn more
Nominee Lead
CEO of Hydro Hash Inc
Implied Valuation from Conversion Price
$12M

The implied valuation of the company based on the SAFE’s conversion price and the company’s fully diluted capitalization as of 2/4/2021.

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Hydro Hash Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Hydro Hash Crowd SAFE Hydro Hash Form C.pdf

About Hydro Hash

Legal Name
Hydro Hash Inc.
Founded
Dec 2021
Form
Delaware Company
Employees
3
Website
hydrohash.io
Social Media
None
Headquarters
Google Map location of of Hydro Hash
320 Gold Ave, SW, Ste 620, PMB 1810 , Albuquerque , NM
Headquarters
320 Gold Ave, SW, Ste 620, PMB 1810, Albuquerque , NM, United States 87102

Hydro Hash Team
Everyone helping build Hydro Hash, not limited to employees

Profile picture of Rick Bentley
Rick Bentley
Founder/Chairman
Featured in Superheroes · Read
Started mining in 2015 while at Google. When Ethereum came out he was mining on liquid cooled GPU rigs of his own design. One company he started was backed by Softbank and bought by Uber; another has two Reg CF’s and a Reg A+ fundraise of over $30M.
Profile picture of James  McGibney
James McGibney
CEO
James founded SecuraTrak, Cheaterville, and Bullyville. He has been interviewed on Dr. Phil, ABC Nightline, Anderson Cooper and others. He has a Cybersecurity Cert from Harvard, a Masters degree from Boston University and was a United States Marine.
Profile picture of Brad Degnan
Brad Degnan
CTO
Brad a long history of managing systems in Silicon Valley. He has managed servers and networks for Electronic Arts, deCarta (bought by Uber), IronPort Systems, Cisco, Thoughtmatrix, Enmetric Systems and Redaptive. He first started mining BTC in 2011.
Rick Bentley
Founder/Chairman
James McGibney
CEO
Brad Degnan
CTO
Logo of Hydro Hash

Hydro Hash

Hydro Hash successfully raised $5,000,000 from 4989 investors on April 21, 2022
Profile picture of Gary Nyhus
Profile picture of Reed Sugg
Profile picture of Khuzema A Savai
Profile picture of Randall Foltz
Profile picture of Robert Simons
Gary, Reed, Khuzema A, Randall, Robert, and 4984 others invested. 1180 Reviews
Republic

Giving everyone access to early-stage startup investing

For investors
  • Why invest
  • How it works
  • FAQ
  • Risks
  • Privacy policy
  • Accessibility
  • Cookie Preferences
  • Form CRS
For startups
  • Why raise
  • Learn
  • FAQ
  • Tokenized assets
Company
  • About
  • Insights
  • Events
  • Contact
  • Security
  • We're hiring!
Dollar Refer a startup, get $2,500
Dollar Refer a startup, get $2,500

Invest in the app

Android app iOS app

Invest in the app

Android app iOS app

This site (the "Site") is owned and maintained by OpenDeal Inc., which is not a registered broker-dealer. OpenDeal Inc. does not give investment advice, endorsement, analysis or recommendations with respect to any securities. All securities listed here are being offered by, and all information included on this Site is the responsibility of, the applicable issuer of such securities. The intermediary facilitating the offering will be identified in such offering’s documentation.

All related securities activity is conducted by OpenDeal Broker LLC a registered broker-dealer, Member of FINRA and SiPC, an affiliate of OpenDeal Inc. and OpenDeal Portal LLC, located at 149 5th Avenue, 10th Floor, New York, NY 10010. Please check our background on FINRA’s BrokerCheck.

Certain pages discussing the mechanics and providing educational materials regarding regulation crowdfunding offerings may refer to OpenDeal Broker LLC and OpenDeal Portal LLC collectively as “Republic”, solely for explanatory purposes.

Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC make investment recommendations and no communication, through this Site, or in any other medium, should be construed as a recommendation for any security offered on or off this investment platform. Investment opportunities posted on this Site are private placements of securities that are not publicly traded, involve a high degree of risk, may lose value including the total loss of invested capital, are subject to holding period requirements and are intended for investors who do not need a liquid investment. Past performance is not indicative of future results. Investors must be able to afford the loss of their entire investment. Only qualified investors, who understand the risks of early-stage investment and who meet the Republic's investment criteria may invest. Investors may be restricted to only Accredited Investors or non-U.S. persons, to invest in offerings hosted by OpenDeal Broker. Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC, nor any of their officers, directors, agents and employees make any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy or completeness of any information on this Site or the use of information on this site. Offers to sell securities can only be made through official offering documents that contain important information about the investment and the issuers, including risks. Investors should carefully read the offering documents. Investors should conduct their own due diligence and are encouraged to consult with their tax, legal and financial advisors.

By accessing the Site and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy. Please also see OpenDeal Broker’s Business Continuity Plan and Additional Risk Disclosures. All issuers offering securities under regulation crowdfunding as hosted by OpenDeal Portal LLC are listed on the All Companies Page. The inclusion or exclusion of an issuer on the Platform Page and/or Republic’s Homepage, which includes offerings conducted under regulation crowdfunding as well as other exemptions from registration, is not based upon any endorsement or recommendation by OpenDeal Inc, OpenDeal Portal LLC, or OpenDeal Broker LLC, nor any of their affiliates, officers, directors, agents, and employees. Rather, issuers of securities may, in their sole discretion, opt-out of being listed on the Platform Page and Homepage.

Investors should verify any issuer information they consider important before making an investment.

Investments in private companies are particularly risky and may result in total loss of invested capital. Past performance of a security or a company does not guarantee future results or returns. Only investors who understand the risks of early stage investment and who meet the Republic's investment criteria may invest.

Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC verify information provided by companies on this Site and makes no assurance as to the completeness or accuracy of any such information. Additional information about companies fundraising on the Site can be found by searching the EDGAR database, or the offering documentation located on the Site when the offering does not require an EDGAR filing.

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. Therefore, when you use the Services we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license, passport or other identifying documents.

Republic and its affiliates are not and do not operate or act as a bank. Certain banking services are provided by BitGo Trust Company, a South Dakota-chartered trust company and registered money services business. BitGo Trust Company is not an FDIC member. Digital (crypto) assets and investment products are not insured by the FDIC, may lose value, and are not deposits or other obligations of BitGo Trust Company and are not guaranteed by BitGo Trust Company. Terms and conditions apply.

Invest in startups using your credit card
You can invest using your credit card

Made in SF/NYC