Madison Considers Ground Lease With Simple Mining

Madison is considering a ground lease with Simple Mining LLC for a proposed 10-megawatt digital currency mining facility on City-owned property. The agreement would establish development, operating, payment, insurance, assignment, default, and termination terms.

Document date · October 3, 2026

Track Town of Madison contracts

Get alerts when new contracts are awarded or existing ones approach renewal at Town of Madison.

Get started free

Create a free account · no credit card

Work in government? Get Civic IQ free

Scope & details

The full contract record, as filed.

Contract type

FACILITIES

Renewal date

2029-10-05

Renewal

Development period expires at the earliest of the third anniversary of the effective date or the commercial operations date; additional lease term provisions were included in the agreement but were truncated from the provided document.

Document type

AgendaPacket

Source document

City of Madison AgendaPacket 2026-10-05

Related contracts

Other contracts from Simple Mining Llc.

View all →

City of Madison Agenda Board of Commissioners Meeting 2026-10-05

PENDING

Town of Madison, South DakotaOct 3, 2026

City of Madison AgendaPacket 2026-10-05

PENDING

Town of Madison, South DakotaOct 3, 2026

City of Madison Agenda Board of Commissioners Meeting 2026-10-05

PENDING

Town of Madison, South DakotaOct 3, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Town of Madison?

Simple Mining Llc was awarded this facilities contract by Town of Madison, as recorded on October 3, 2026.

What type of contract is this?

This is a Facilities contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Madison AgendaPacket 2026-10-05 (AgendaPacket), dated October 3, 2026 from Town of Madison. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Simple Mining Llc hold?

Simple Mining Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Simple Mining Llc's profile

What is Town of Madison currently buying?

Explore Town of Madison's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Madison's profile