Overview
When earning Bitcoin through mining, it’s important to understand who controls and holds your funds. Custody simply refers to who has control over the Bitcoin after it is earned.
Short Answer: You maintain custody of your Bitcoin.
All mining rewards are paid directly to the wallet associated with your account. Ridgeline does not hold, manage, or control your Bitcoin after it is paid out.
How It Works
Mining rewards are generated by your rented hashrate
Payouts are sent directly to your designated wallet address
Once sent, the Bitcoin is fully controlled by your wallet
Ridgeline does not retain access to or control over your funds after payout.
What This Means in Practice
You control your Bitcoin: Access is determined by your wallet’s private keys
No custodial risk with Ridgeline: We do not hold balances on your behalf
Direct payouts: Funds are not pooled, lent, or held internally
Important Distinction: Wallet Choice Matters
Your custody ultimately depends on the type of wallet you use:
Self-custody wallets: You control your private keys (full ownership)
Custodial wallets (Coinbase, Kraken, etc.): A third party controls access to your Bitcoin
If maintaining full control is important to you, consider using a self-custody wallet.
Do you ever use customer Bitcoin?
No.
Ridgeline does not lend, trade, or rehypothecate customer Bitcoin
Customer payouts are separate from company operations
Bitcoin earned is sent directly to your wallet
The Bottom Line
Ridgeline facilitates mining and payouts – but you control your Bitcoin.
Once rewards are sent, custody is entirely in your hands (or your chosen wallet provider).
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