Who maintains custody of my Bitcoin?

Overview 

When receiving Bitcoin through mining, it’s important to understand who controls it after payout. “Custody” simply means who holds the private keys that provide access to the Bitcoin.

Short answer: Once a payout is sent, custody belongs to you or the wallet provider you selected – not Ridgeline.

Ridgeline sends payouts directly to the wallet address connected to your account. After a payout is sent, Ridgeline does not hold, manage, or control that Bitcoin.

How it works

• Ridgeline calculates the Net Mining Output associated with your contracted hashrate

• When your payout requirements are met, Ridgeline sends Bitcoin directly to your designated wallet

• Once the payout is sent, control of that Bitcoin is determined by the wallet you selected

• Ridgeline does not retain access to the Bitcoin after payout

This direct-payout structure gives you the freedom to choose where and how your Bitcoin is held.

What happens before payout?

Before payout, mining output is a Ridgeline asset. The pending amount shown in your dashboard represents the Net Mining Output Ridgeline has calculated as payable to you under your contract. It is not a separate balance of Bitcoin being held in custody on your behalf.

When Ridgeline sends the payout to your designated wallet, the transferred Bitcoin becomes yours.

What this means in practice

• Direct payouts: Bitcoin is sent directly to the wallet address you choose

• No Ridgeline custody after payout: Ridgeline does not continue holding or controlling your Bitcoin after it is sent

• Freedom of choice: You decide whether to use a self-custody wallet or a custodial wallet provider

• Clear visibility: Your Ridgeline dashboard allows you to track calculated Net Mining Output and completed payouts

Your wallet choice matters

Who controls your Bitcoin after payout depends on the type of wallet you select:

• Self-custody wallet: You control the private keys and have direct control of your Bitcoin

• Custodial wallet: The wallet provider controls the private keys and provides access to your Bitcoin through your account

If maintaining direct control is important to you, consider using a self-custody wallet. Keep in mind that self-custody also makes you fully responsible for protecting your private keys and recovery phrase.

Does Ridgeline use my Bitcoin?

Once Bitcoin has been paid to your designated wallet, it belongs to you. Ridgeline cannot access, lend, trade, move, or otherwise use it.

Before payout, mining output remains a Ridgeline asset rather than customer-owned Bitcoin. Your right to receive a payout is governed by your Hashrate Contract, including its payout thresholds, fees, and other applicable terms.

The bottom line

Ridgeline manages the mining infrastructure and payout process, but we do not keep custody of your Bitcoin after payout.

Once Bitcoin is sent, control is in your hands – or in the hands of the wallet provider you chose.