Protecting Mining Rigs And Infrastructure With Bitcoin Mining Property Insurance

Bitcoin mining is the backbone of the world’s most secure monetary network. But running a mining operation is capital-intensive, and the risks are real. Fire, flood, electrical faults, or theft can destroy millions of dollars in rigs and infrastructure overnight.

AnchorWatch Bitcoin Mining coverage is a policy designed specifically to protect miners’ rigs, containers, and infrastructure from direct physical loss.

What’s Covered

Our policy provides protection for the physical assets that make mining possible:

• Hardware (Mining Rigs): The ASICs and related equipment specifically listed on your Statement of Values.
• Containers: Specialized structures used to house rigs and their fixtures.
• Buildings: Facilities dedicated to mining, including permanently installed machinery and equipment.
• Protection & Control Systems: Cooling systems, fire suppression equipment, transformers, and other electrical and power supply systems essential to mining operations.

This policy is not a generic property form. It was written to reflect the way Bitcoin miners actually operate and extend insurance coverage to those critical assets.

What’s Not Covered

It’s just as important to know what isn’t included.

• Business Interruption: The policy does not cover lost revenue if your rigs go offline.
• General Business Property: Office furniture, leased equipment, and non-mining personal property aren’t covered.
• Bitcoin Reserves: This policy protects hardware and infrastructure, not the Bitcoin you mine. For that, AnchorWatch custody and insurance solutions through Trident Vault.
• Software and Data: Firmware issues, corrupted data, or malicious code are not covered.
• Operational Failures: Overheating, improper installation, aftermarket modifications (like immersion retrofits not installed by the OEM), or employee dishonesty are excluded.
• Normal Wear and Tear: Deterioration, depreciation, or rigs reaching the end of their useful life are not covered.

How Coverage Works in Practice

The best way to understand coverage is through real-world scenarios:

• Covered: A lightning strike causes a power surge that starts a fire and destroys rigs. The physical loss is insured.
• Not Covered: A simple power surge that damages rigs without fire is excluded.

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• Covered: A thief breaks into your container and steals hardware. That’s insured.
• Not Covered: An employee steals equipment, or you voluntarily hand it over under false pretenses. That’s excluded.

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• Covered: A transformer failure sparks a fire that damages rigs and cooling systems. Insured.
• Not Covered: Rigs fail due to firmware installation errors or overheating unrelated to an insured peril.

By translating the policy into scenarios miners face daily, it becomes clear where this coverage protects and where additional risk management is required.

Mine With Confidence

Bitcoin mining is capital-intensive. One outage, theft, or fire can be devastating. The AnchorWatch Bitcoin Mining Property Insurance Program ensures your rigs, containers, and control systems are protected against direct physical loss, giving you the confidence to keep securing the network.

Download Our Brochure

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Interested in protecting your mining operation?
Contact us to learn more about how AnchorWatch can safeguard your infrastructure.