Built by operators who've been hosting since 2020.
Nexus is the deal layer for AI infrastructure — sourcing colocation, brokering powered sites, and structuring PPAs. We started in Bitcoin mining hardware and hosting, learned the power business from the inside, and pivoted to serve the operators and AI buyers who are reshaping data center infrastructure today.
From mining hardware to AI infrastructure
Pickaxe started in 2020 as a Bitcoin mining hardware and hosting business in Roseville, California. We sold ASICs, hosted miners for customers across North America, and built operational relationships with facility operators from Texas to Kentucky to North Dakota. We learned how power contracts actually work — not in theory, but in the small print of substation agreements and the daily reality of curtailment events.
By 2024, the market we'd built was changing fast. Bitcoin miners with energized power were getting cold-called by neoclouds, hyperscalers, and infrastructure funds offering 5–10x what their sites were worth as mining facilities. The deals were happening off-market, through brokers who understood data centers but not mining — or operators who understood mining but had never structured a $50M transaction. There was a gap. We were standing in the middle of it.
Nexus exists to fill that gap. We bring AI buyers — neoclouds, AI startups, HPC users, enterprise infra teams — together with the operators and landowners who have the one thing the market is most short of: energized, interconnected power. We've kept the Pickaxe mining business running because mining operators are the network. They're who we know. They're who we represent.
Leadership
Who runs Nexus
Eddie Zhidovlenko
Co-Founder
Eddie founded Pickaxe in 2020 to sell Bitcoin mining hardware and offer managed hosting through a network of operator partners across North America. Over five years, Pickaxe has moved millions in hardware, hosted megawatts of mining capacity through operator partners, and built relationships with facility operators across Texas, Oklahoma, North Dakota, Kentucky, Wyoming, and Iowa. Eddie leads Nexus's commercial strategy, operator relationships, and direct buyer conversations on the largest deals.
LinkedIn →
Vlad Kolomyza
Co-Founder
Vlad brings deep expertise in site acquisition and infrastructure development to Nexus. He has brokered multi-megawatt site buildouts, negotiated power purchase agreements, and structured complex land and facility acquisitions across the energy and data center space. His background spans real estate development, power infrastructure diligence, and deal structuring for operators scaling from single sites to multi-state portfolios. Vlad leads Nexus's site sourcing, transaction structuring, and seller-side advisory.
LinkedIn →Track Record
What we've done
Specific operator names and counterparty details kept confidential. The numbers below reflect Pickaxe and Nexus combined activity.
Since 2020
Operating in mining hardware and hosting
$2+M
Total Pickaxe transactions
50+ MW
Under network coverage
6+ states
Active in TX, OK, ND, KY, WY, IA
Recent transactions
Multi-tranche hosting agreement with West Coast capital allocator across multiple sites. Included custom voluntary pause provisions and mutual release structuring.
Bitaxe Gamma 601 solo miner product line built and distributed direct-to-operator across US states with full Facebook-compliant lead generation infrastructure.
Upstream colocation contract with operator partner covering hosting capacity for downstream customers. Risk-adjusted middleman structure with enforceable performance terms.
Built end-to-end lead generation and CRM infrastructure including Facebook lead forms, LinkedIn outreach to CPAs and physicians, and AI voice calling for reactivation campaigns.
Specific operator names, site locations, and counterparty details are kept confidential. Transaction figures shown are illustrative of deal type and approximate range.
How We Work
Our approach
Confidential by default
We don't publish your details. Site specifics, counterparty names, and pricing stay confidential until you choose to engage with a specific buyer. For sellers, this means competing buyers can be evaluated without tipping off the market.
Operator-first sourcing
Our network is built from five years of mining hardware sales and hosting relationships. We talk to operators weekly. We know who has capacity coming online, who's looking to exit, and who's quietly entertaining acquisition offers. That intelligence doesn't exist on any public marketplace.
Through close, not just intro
We don't hand you a name and walk away. We structure term sheets, navigate diligence, and stay engaged through close. For complex deals we coordinate with legal, financial, and technical advisors — but we drive the commercial process.
Fee Model
How we get paid
We're paid by the operators and sellers in our network — never by buyers, and only when deals close.
For buyers — neoclouds, AI startups, HPC users, infrastructure funds — our matching service is free. Submit a capacity request, get matched options, evaluate them on your timeline. No retainer, no per-introduction fee, no commitment until you choose to engage.
For sellers — operators with capacity to lease, landowners with powered sites, miners exploring exits — we earn a transaction fee on closed deals. Our fees are competitive with traditional commercial real estate brokerage but structured to reflect the specialized nature of powered infrastructure transactions.
This model means we only get paid when you close a deal you actually want. We can't push you toward a bad match — we'd rather pass on a deal than misalign with our operators. The network is the asset, and the network is built on operators trusting that we'll only bring them serious buyers.
If you're a buyer being asked for a "search fee" or "exclusivity retainer" by another broker in this space, that's not how the industry works. The seller pays. Always.
Why Nexus
Why operators and buyers choose Nexus
We've actually run hosting operations
Most M&A brokers in this space have never personally signed a colocation contract, structured a hosting hardware purchase agreement, or had a conversation about curtailment provisions. We have. We've negotiated upstream colocation with facility operators, written hosting management agreements for end customers, and worked through the daily operational reality of mining infrastructure. That depth shows up in how we structure deals — and what we know to ask for that less experienced brokers miss.
We know the Bitcoin mining network
Five years of hardware sales and hosting partnerships in Bitcoin mining means we know the operators. We know who's in financial trouble, who's quietly looking to exit, who has capacity coming online next quarter, and who's been approached by which hyperscalers. This is the supply network that the AI buildout depends on — and it's almost entirely off-market. Generalist data center brokers can't access it. We grew up in it.
We work mid-tier and regional deals
The largest commercial real estate brokers focus on Tier 1 deals: 100MW+ hyperscaler campaigns with Fortune 500 counterparties. Important deals, but they're not the whole market. We work 5MW to 500MW deals with mid-tier operators, regional sites, and growing neoclouds — the deals that don't fit the JLL or CBRE playbook but represent the majority of capacity opening up in the next 24 months.
Ready to talk?
Whether you're sourcing AI colocation or evaluating what your site is worth, we'll give you a straight answer and a real timeline.
eddie@nexuspower.io · response within one business day