About Us
In late 2020, Mike Groff and Ryan Rossi’s mining company lost hundreds of miners to RMA services. They also continued to experience long lead times, encounter poor communication, and receive broken miners back from RMA. This was incredibly frustrating for them, at which point they decided to learn how to fix ASICs themselves and enrolled in Bitmain’s ASIC repair class.
Through the training classes, Mike and Ryan learned how to fix S17+ ASICs and become Bitmain Certified.
Realizing there was a scarcity of reliable and accessible ASIC miner repair facilities, they saw an opportunity to start their own repair company.
The pair launched RepairBit in the summer of 2021, and having grown out of two facilities already, they decided to build a custom facility, specially designed for fixing and processing ASICs. Today, Repairbit now operates out of a 40,000 sqft, state-of-the-art facility.
It is important to us to not only be able to fix or process 1 ASIC, but to fix or process 20,000 ASICs a month. We have an in-house Research & Development team, whose primary focus is creating systems and processes that allow us to continue to innovate and become more efficient with all of our offerings.
The focus of RepairBit is to give our clients the best possible experience. With RepairBit, clients receive 24/7 communication, quick turn around times, and quality service.
Management Team
The RepairBit Management Team all mine Bitcoin and understand the intricacies of the industry at the highest level. Our team is incredibly adaptable and come from diverse backgrounds and industries.
Mike Groff
Founder & CEO
Ryan Rossi
CTO
Wes Decatur
CFO
Bob Keller
COO
Kevin Kiss
CSMO
Mary Jo Ochotorena
Human Resources
Jay Valikodath
Sales
Mike Groff
Founder & CEO
Prior to founding RepairBit, Mike launched Groff Consulting Group, a cryptocurrency hedge fund, in the Spring 2017. Additionally, Mike has 10+ years of professional FX and Futures trading experience. He also founded the Hanley Center Alumni Association, and currently sits on the Advisory Board for MMSpire Trading Company.
- Bitmain Certified – Ant Training Academy
- Professional Trading & Market Experience 10+ years
- B.A. Finance & Entrepreneurship (Concentration in Alternative Investments) – University of Dayton
Wes Decatur
CFO
Wes Decatur joined RepairBit shortly after its inception as the Company’s CFO. Prior to RepairBit, Wes gained international experience and expertise in sell-side and buyside M&A as well as raising capital for privately-held companies. As Vice President with Dresner Partners, a middle-market investment bank, his clientele were across a breadth of industries including technology, industrials, food & beverage, healthcare, as well as consumer retail. Before Dresner Partners, Wes spent 2+ years with Periculum Capital, an Indianapolis-based investment bank, and 3+ years with Westbridge Investments, a Hong-Kong-based private equity fund.
- Investment Banking/Private Equity Professional for 10+ years
- M.B.A. Finance – University of Dayton
- B.A. Finance & Accounting – University of Dayton
- CFA Level II; FINRA Series 63, 79 and 82
Jay Valikodath
Head of Institutional Sales
Jay Valikodath joined RepairBit in the summer of 2022 as the Head of Institutional Sales. Jay is responsible for identifying and building relationships with institutional clients and onboarding them to RepairBit.
Prior to joining RepairBit, Jay had 8+ years of professional sales and capital markets experience, working for a global stock exchange and market data provider. During his sales tenure, Jay sold fundamental and alternative datasets to hedge funds, proprietary trading firms, family offices, and asset management firms. Jay has built, managed, and grown over $25 million of global capital markets clients.
- B.A. Finance – Western Michigan University
Ryan Rossi
CTO
Ryan joined RepairBit in April 2021 as the Company’s CTO and is responsible for overseeing and managing Repairbit’s mining infrastructure and equipment. Prior to RepairBit, Ryan worked as an electrical engineer at Underwriters Laboratories (UL), a global safety science leader. He held positions as Project Engineer and Hazardous Locations Product Specialist. During his 7+ year tenure with UL, Ryan helped lead the company’s UL Hazardous Locations Panel Program, giving presentations and providing training to numerous companies across the world as well as to offshore oil platforms to conduct product evaluations.
- Bitmain Certified – Ant Training Academy
- Bachelor of Electrical Engineering – University of Dayton
- Hazardous Locations Expertise: U.S./Canada Class I and Class II Division 2, Zone 2, and Zone 22 systems, ATEX and IECEx.
- Technical Standards Expertise: UL 121201, UL 60079-0, UL 60079-7, UL 60079-15, UL 60079-31, CSA 213, CSA 60079-0, CSA 60079-7, CSA 60079-15, CSA 60079-31, EN 60079-0, EN 60079-7, EN 60079-15, EN 60079-31, IECEx 60079-0, IECEx 60079-7, IECEx 60079-15, IECEx 60079-31, and NFPA 496
Mary Jo Ochotorena
Director of Human Resources & Public Relations
Mary Jo joined RepairBit in January 2022 as the company’s Director of Human Resources and Public Relations. Prior to RepairBit, Mary Jo owned her own business for 8+ years as a performance coach, spiritual healer, and personal consultant to clients worldwide. This work entailed teaching others how to form new productive habits and break old destructive habits. More importantly, she helped her clients improve their reactions to adversity and surpass their preconceived potentials.
As Director of Human Resources and Public Relations, she is able to utilize her skillset and coaching experience to help RepairBit’s team perform at the highest level.
- Reiki Master Teacher and Herbalist
- Certified in Meditation, Bengston Method, and Akashic Records
Bob Keller
COO
Bob joined RepairBit in the winter of 2022 as the company’s Director of Operations and oversees logistics and processes of our state-of-the-art warehouse in Ohio. Bob is responsible for managing the operations of the in-house lab technician center, board and consolidation team, ultrasonic cleaning infrastructure, as well as heading shipping and receiving.
Prior to RepairBit, Bob worked in the automotive industry for 10+ years, facilitating and managing day-to-day operations of a multi-million-dollar company, demonstrating tremendous leadership and pride in the logistics side of the business.
- Professional logistics, client relations, and management experience 10+ years
- Extensive knowledge in all aspects of supply chain management, ensuring the flow of raw materials and final products from suppliers to retailers and customers
Kevin Kiss
Chief Sales & Marketing Officer
Kevin joined RepairBit in the fall of 2021 as the company’s CSMO and is responsible for planning, developing and executing RepairBit’s marketing and advertising, as well as new business.
Prior to RepairBit, Kevin worked as an Account Manager for the Cleveland Indians Baseball Co., working with, servicing, and retaining key stakeholders. During his 8+ year tenure with the Indians, Kevin helped lead the company’s service initiatives, Season Ticket Membership communications and marketing, as well as overseeing a team of Client Service Specialists.
- Professional sales, client relations/retention and marketing experience 10+ years
- Serviced and retained over 5,000 accounts worth more than $50 million in an MLB setting
- B.A. Sports Marketing – The Ohio State University