Datacentrex is a small cryptocurrency mining company that operates a fleet of over 3,100 Scrypt ASIC miners deployed across third-party colocation facilities connected to the ERCOT, MISO, and Georgia Power grids. Rather than mining and selling Litecoin or Dogecoin directly, Datacentrex sells the hashrate its miners generate to third-party buyers through hashrate marketplaces, receiving payment in Bitcoin. Through merged mining, Datacentrex earns rewards from both the Litecoin and Dogecoin networks simultaneously using the same energy input. The company does not own its own data centers, and the business is run by two full-time employees and nine independent contractors. Revenue is driven by hashrate marketplace pricing, Bitcoin's price (since settlement is in Bitcoin), network difficulty across Litecoin and Dogecoin, and miner uptime. Costs are dominated by electricity and hardware depreciation. Datacentrex retains Bitcoin received from hashrate sales as a treasury asset rather than converting to fiat. Management frames Datacentrex as more than a miner — Scrypt compute is positioned as an initial cash-flow platform, with a broader mandate to pursue acquisitions across digital infrastructure, energy-adjacent assets, and other asset-backed businesses. Upstream vertical integration into power generation or data center ownership is identified as the primary path to margin expansion, since the current colocation model limits cost leverage. Datacentrex raised approximately $20M in a public equity offering in March 2026.
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