How payouts work

Ridgeline’s payout policies are designed with you in mind. Your mining rewards are automatically sent directly to the wallet address set up in your user account - no action is required on your part. 

Payout Currency

All payouts from Ridgeline are made in Bitcoin (BTC).

This ensures that you receive the asset you are mining directly, without conversion or third-party custody. By paying out in BTC only, Ridgeline avoids acting as a financial intermediary or currency exchange, and instead focuses solely on providing mining infrastructure and delivering mined rewards directly to customers.

If you choose to convert your Bitcoin to fiat currency, that can be done through your own wallet provider or a third-party exchange of your choice. This approach gives you flexibility and control over how and when you convert your BTC.

Payout Frequency (Time Based)

Payout frequency is how often the system attempts to pay out earnings. A payout run can occur even if no payout is made (because thresholds weren’t met). Ridgeline’s system runs a payout job every 24 hours. 

Payout Thresholds (Amount Based)

A payout threshold is the minimum balance that must be reached before a payout is actually executed.

• If you’re using the Pura Vida Bitcoin (PVB) Lightning wallet for your payouts, there is no set minimum payout threshold. If you’d like to reduce the frequency of your payouts, you can set your own custom payout threshold (in Satoshis) on your User Dashboard.

• Payouts to non-Pura Vida Bitcoin (PVB) Lightening wallets will have a minimum payout threshold of 1,000 Satoshis.

• On-chain payouts will have a minimum payout threshold of 25,000 Satoshis as well as an additional transaction fee.

In summary:

A payout occurs if:

1. Payout frequency event occurs AND

2. Balance ≥ payout threshold

Payout Transparency (Truth Based)

Ridgeline is committed to being the number one Bitcoin mining company in the world, and that requires transparency. As a Ridgeline customer, you will be able to see and download your payout transaction history, including a breakdown of any fees deducted from your earnings. Imagine your very own mining P&L showing your gross earnings, itemized fee deductions (per your contract), and net profit presented clearly and concisely for your review.  

Because all payouts are made in Bitcoin, your transaction history reflects direct BTC payouts. For tax and reporting purposes, you will also be able to view the USD value of each payout at the time it was received, helping you easily track and report your earnings.

No hidden fees, guesswork, just the facts.