Bitcoin and Blockchain in Minnesota

List of Bitcoin and Blockchain-related organizations and projects in MN

[Updated: 25 January 2023]

• Compute North — Cryptocurrency mining datacenters and colocation
• DeFiner — Fully decentralized, low-cost lending solutions
• Nomics — Cryptoasset data provider
• CoinHeated — Creator of Hotbox mining rig immersion cooling tanks
• Silicon Prairie Online/SPPX — Crowdfunding portal, authorized for Regulation Crowdfunding (U.S. / Reg CF) and MNvest equity & debt
• Unbankd — Cryptocurrency industry news and research
• Minnesota Blockchain Initiative — A bridge between Minnesota and the global blockchain technologies community
• Africa Chamber Of Digital Commerce — Non-profit based out of Minnesota
• Hayley Howe— Legal services and consulting (Blockchain, DAO, DeFi)
• VMates —Play-to-earn (P2E) gaming platform / NFT [Article]
• US Bank — Institutional Crypto Custody
• Vault Logic — Digital Currency Payment Kiosk Network & ATMs
• BitLiquid — Buy & Sell bitcoin locally w/ cash, and blockchain consulting
• BanQu — Unbanked Identity and Empowerment
• Open Work Lab — Collaborative ecosystem DAO [Article]
• XRE Global — Digital Real Estate on blockchain. NFT deeds, and lending
• Healy —Healthcare blockchain for patients
• Wulf Kaal — UST Law professor, advisor to crypto startups and venture capital funds
• Vivian Fang —Honeywell Professor of Accounting at Carlson School of Management and crypto education enthusiast
• Bitkota, LLC — Lawyer on all things crypto (exchanges, ICOs, & more)
• TaxCryptos.com — Tax Advisor for Traders, Investors, Miners and Stakers
• 3B Technologies — Bitcoin mining ASIC designer using patented 3D IC
• CryptoRai — Cryptocurrency portfolio management and market data
• The CryptoNetwork — Cryptocurrency merchandise and community
• Cargill Food Security — Providing supply chain traceability on the blockchain, initially for their turkey and salmon brands.
• SoundPruf — Music dashboard with rewards
• InsurancePeers — Peer-to-peer insurance with death benefit
• Gambit Trading Suite — Trading tools, indicators, buy/sell signals, bots, strategies, token ($GAM), & more. Founded by Minnesotan Collin Crypto
• Tempworks — Crypto payroll service(currently in beta)
• HealthCare Provider pilot — Alliance founders include Optum, United Healthcare
• Strength In Numbers Foundation’s 2Give Coin — Social tipping platform
• CoCreateX — Built a Blockchain-based “Thank You” app and community
• CBT Success — Pay For Success (aka Social Impact Bond), on the blockchain [Inactive]
• The General Store — [Update: Defunct? Current status unknown. Uptown facility was destroyed during riots in 2020. Also, see Open Work Lab.]
• Scryp — Currency of cooperation [Inactive]
• SSAYE [Inactive]
• Watch My Bit — Video platform, though currently in hibernation

Bitcoin ATMs / Vending / Merchants accepting Bitcoin and/or other Cryptocurrencies

[The list of ATMs can get out of date. Coin ATM Radar has more recent data.]

• Hop21 (Minneapolis) — Table tennis club and bar
• Cambo Flare Restaurant (Big Lake)
• Continental Diamond (St. Louis Park)
• Onyx Detailing (Minneapolis)— Mobile, on-sight auto detailing
• Sober Pro (Duluth) — Designated Driver Delivery service
• List of merchants on Yelp with “Accepts Crytpocurrency” filter enabled
• CoinFlip Bitcoin ATMs (map): Minneapolis (Main St NW), Minneapolis (Broadway), St. Paul (Ruth St), St. Paul (Wildwood Road), Hopkins, Burnsville, Shakopee, Champlin, Big Lake, Albert Lea, Austin, Red Wing, Winona, and Hermantown. Near the border with Wisconsin there are locations in Hudson, Prescott, and Superior. Near the border with Iowa there are locations in Spirit Lake and Clear Lake. Near the border with North Dakota there is a location in Fargo. Near the border with South Dakota there is a location in Sioux Falls. (These are all 1-Way / Bitcoin Vending only, no cash out / cash disbursed, except for Fargo’s which is 2-Way, buy and sell)
• Coin Cloud Bitcoin ATMs (map): Minneapolis (Northeast / Lowry Ave), Minneapolis (Lake St), Minneapolis (Nicollet), St. Paul (Larpenteur Ave), St. Paul (Sherwood Ave), Fridley (University Ave), Fridley (MN-65), New Brighton, Roseville (Snelling), Roseville (Rice St), Crystal, Anoka, St. Paul Park, Eden Prairie, Burnsville, Rochester, Mankato, St. Cloud (Crossroads Center), St. Cloud (9th Ave), St. Cloud (Clearwater Road) and Duluth. (These are all 2-Way ATMs)
• LibertyX Bitcoin ATMs and Tellers: There are dozens and dozens of LibertyX bitcoin ATMs, as well as numerous Teller locations. For LibertyX Teller locations, purchase a voucher from the cashier, then redeem for Bitcoin online or via mobile app. All LibertyX ATMs are 1-Way / Bitcoin Vending only, no cash out / cash disbursed)
• DigitalMint bitcoin ATMs and Tellers (map): Minneapolis (Lake St), St. Paul (7th St), St. Paul (Arcade St — Teller only), Brooklyn Park, Coon Rapids, Blaine, Fridley, and Columbia Heights. Near the border with North Dakota, there are locations in Fargo (S. University Dr), Fargo (Main Ave), and Grand Forks. (These are all 1-Way / Bitcoin Vending only, no cash out / cash disbursed)
• Quad Coin Bitcoin ATM (map): St. Paul, Maplewood, West St. Paul (148th St), West St. Paul (Robert Street), Eden Prairie, Richfield, Woodbury (Hudson Rd.), Woodbury (Valley Creek Plaza), Eagan, Lakeville. (These are all 1-Way / Bitcoin Vending only, no cash out / cash disbursed)
• Bitcoin Depot Bitcoin ATMs (map): Minneapolis (N. 5th Street), Minneapolis (Lake St), Minneapolis (Franklin), St. Paul, Brooklyn Park, Plymouth, Edina, Burnsville, and Duluth. (This is a 1-Way / Bitcoin Vending only, no cash out / cash disbursed)
• RockItCoin Bitcoin ATMs (map): Minneapolis (Lyndale), Minneapolis (Broadway), and St. Paul. Near the border with South Dakota there are locations in Sioux Falls (49th Street), and Sioux Falls (Cliff Ave).
• National Bitcoin ATMs (map): Aitkin, Mille Lacs Lake, Mora and Hibbing. Near the border with Wisconsin there is a location in Spooner. (These are all 1-Way / Bitcoin Vending only, no cash out / cash disbursed)
• Coinsource Bitcoin ATMs (map): Minneapolis (Downtown / Washington Ave), Minneapolis (Brookdale Dr.), and St. Paul (Ford Pkwy). (These are all 1-Way / Bitcoin Vending only, no cash out / cash disbursed)
• MNBitcoinATM Bitcoin ATM: Minneapolis (Downtown / Skyway). (This is a 1-Way / Bitcoin Vending only, no cash out / cash disbursed)
• MN Bitcoin Vending Bitcoin ATM: Roseville (Roseville Mall). (This is a 1-Way / Bitcoin Vending only, no cash out / cash disbursed)
• CoinhubATM: Minneapolis (Nicollet)
• SPPX Bitcoin Real World/1 Bitcoin ATM (St. Paul) (This is a 2-Way device that supports cash-in as well as cash-out)
• Coulee Region Bitcoin Enterprises Bitcoin ATM: Near the border with Wisconsin there is a location in La Crosse. (This is a 1-Way / Bitcoin Vending only, no cash out / cash disbursed)

Events / Meetups / Groups / Meeting Spaces

• Bitcoiners in Minneapolis Telegram group, meets monthly
• Minnesota Blockchain Initiative —Calendar
• Blockchains Minnesota Telegram (private) group and meetup
• Everything Bitcoin meetup (St. Paul)
• Ethereum of the North meetup (St. Paul)
• Blockchains in the Real World meetup (St. Paul)
• UMN Blockchain — Discord
• Minnesota Cryptocurrency (formerly Crypto@UMN) — Discord)
• Enterprise Blockchain meetup (Minneapolis)
• Minneapolis Women in Blockchain meetup (Twin Cities)
• Twin Cities Crypto Currency & Blockchain Network — meetups and Facebook group
• Minnesota Crypto Connection — Facebook Group
• Rochester MN Bitcoin— Facebook Group
• The Green Anchor meetup (Minneapolis) — Austrian Economics/Free Markets
• The Pigs Eye meetup (St. Paul) — Austrian Economics/Free Markets
• Real World/1 — Collaborative workspace, operated by Silicon Prairie Online
• EAFORUM ’22 (Minneapolis) — Organized by Africa Chamber of Digital Commerce

Organizations or projects not based in Minnesota but have a presence here

• Local Person-to-person (P2P) trading on Bisq
• Various other P2P Trading Exchanges available in Minnesota

Honorable mention (i.e., others in the Midwest)

• La Crosse Bitcoin meetup group (La Crosse, WI)
• Bitcoin Sioux Falls meetup group (Sioux Falls, SD) [Telegram group]
• Musk Mining (Grand Forks, ND): Bitcoin mining hardware (new and used), & hosting
• Choice by Kingdom Trust (Sioux Falls, SD): Regulated, custodial bitcoin investment for individuals and pros.
• Coinigy (Milwaukee, WI): Bitcoin and cryptocurrency trading platform
• SteamChain (Milwaukee, WI): Equipment financing, selected for Gener8tor Fall 2017 class
• Crypto Mining Tools (WI): Bitcoin mining equipment marketplace
• 3G Venture II (L.A., CA): Bitcoin mining operation in Grand Forks, ND
• StorJ (Atlanta, GA): Has an office in Minneapolis

Minnesota Connections

• CryptoCloaks — 3D printed products and supplies for Bitcoin community, moved from Minnesota in 2021.
• Digital currency venture Circle was founded by Jeremy Allaire, who had graduated from Macalaster (St. Paul) and had a software startup here.
• Best-selling author and bitcoin-trading luminary Peter L. Brandt has a seasonal home in the Twin Cities.
• Founder of hedge fund Valshire, Dr. Jeff Ross,received his medical degree from UMN Medical School. He is frequently a guest on bitcoin podcasts.
• The Bitcoiners Minneapolis group has a number of members who have joined various bitcoin-related organizations. For example, at least six (as of this writing) have since moved to Austin, TX where they are employed by Unchained Capital.
• Blockchain privacy advocate Justin Ehrenhofer had organized the Minnesota Cryptocurrency non-profit while he was at UMN. He is now involved in several Monero-related organizations.
• The Founder and CEO of Nano cryptocurrency, Colin LeMahieu started his career in software in Minnesota where he earned a Computer Science degree at St. Cloud State.
• Prof. Bitange Ndemo who obtained an MBA from University of St. Thomas (after graduating from the Carlson School of Management) is chair of the Blockchain Taskforce for the Government of Kenya.
• Brock Pierce, founder of Blockchain Capital and numerous other crypto ventures, was born in Minnesota and had starred in the Disney movie Mighty Ducks, which was filmed here.

This is certainly a work-in-progress. Any additions, corrections and clarifications or any other submissions are welcome via e-mail, via mention to @MinnFinTech on Twitter, or direct message on Mastodon: @MinnFinTech@Mstdn.social