Location: LATAM Remote Santa Cruz CA (Onsite)
Position Type: Full-Time
Travel: 1015% (primarily to US typically max 0-1x per quarter)

About Paystand

Paystand is on a mission to rebuild the financial system making business payments open fair and decentralized .As one of the fastest-growing B2B fintech innovators were transforming how money moves between businesses by replacing outdated fee-based systems with a blockchain-enabled cashless network that rewards efficiency and transparency. Following the acquisitions of Teampay Yaydoo and now Bitwage Paystand is integrating into one global fintech platform connecting North America and Latin America under a unified vision for decentralized finance and commercial payments. Were scaling fast and preparing for our next major milestone: IPO readiness and beyond.

Position Summary

The General Manager of Bitcoin Mining is responsible for overseeing the full lifecycle of the companys mining operations strategy financial performance partnerships technology compliance and execution. This leader ensures the mining unit meets revenue and uptime targets aligns with the broader company mission and leverages mining as both a business engine and an impact driver.

The General Manager is accountable for results cross-functional leadership operational excellence and transforming mining into a scalable and profitable business unit.

Key Responsibilities

1. Strategy & Business Leadership

• Develop and execute the annual and multi-year strategy for the mining division.
• Build and manage the economic model including hashrate growth cost structures breakeven and ARR targets.
• Identify new opportunities for expansion hosting partners geographies and energy strategies.
• Represent the mining unit in executive and board-level discussions.

2. Operational Management

• Own day-to-day mining operations: uptime troubleshooting maintenance coordination repairs firmware and monitoring.
• Oversee miners containers hosting sites and logistics.
• Ensure 99% uptime standards fleet optimization and operational discipline.
• Develop SOPs for maintenance replacements troubleshooting approvals and vendor management.

3. Vendor Hosting & Partner Relations

• Manage strategic relationships with hosting companies rack providers ASIC repair centers and equipment suppliers.
• Negotiate contracts SLAs and performance metrics.
• Approve or deny advanced troubleshooting requests un-racking fees and repair workflows.
• Coordinate equipment deployment delivery movement and scaling plans.

4. Financial Ownership

• Own P&L for the mining division.
• Track and forecast:
• Revenue from mining hosting arrangements
• Power costs
• Hosting fees
• CapEx for miners/containers
• ROI on hardware and contracts
• Report monthly and quarterly performance to CEO/CFO.
• Drive the division from its current ARR to multi-million ARR targets.

5. Technical Oversight

• Understand ASIC hardware firmware options repair processes and fleet optimization.
• Oversee monitoring dashboards alert systems and energy strategy (curtailment immersion underclock/overclock).
• Coordinate with Engineering when integrating mining data into internal systems.

6. Compliance Risk & Security

• Ensure mining sites follow operational standards physical security safety and energy compliance.
• Manage data integrity insurance requirements and risk mitigation strategies.
• Oversee audits documentation and reporting.

7. Team Leadership

• Build and lead a small operations team (technicians analysts support).
• Provide guidance and cross-functional direction to Finance Operations Impact and Engineering.
• Establish KPIs and hold team members and vendors accountable.

Qualifications

• Experience in Bitcoin mining data center operations or energy-intensive infrastructure.
• Strong ability to build financial models and analyze mining economics.
• Operational excellence mindset; thrives in fast-moving high-ownership environments.
• Strong negotiation and vendor-management skills.
• Familiarity with ASIC hardware (S19/S21 generation) firmware and repair workflows.
• Comfortable representing the company with partners investors and strategic stakeholders.
• Leadership skills: execution-focused structured thinker excellent communicator.

Success Metrics

• ARR growth of the mining unit.
• Hashrate uptime and fleet efficiency.
• ROI on hardware investments and contract terms.
• Speed and quality of operational execution.
• Strength of partner relationships and cost efficiency.
• Contribution to the companys broader Bitcoin mission and brand.

Impact Component (for )

Impact Responsibilities

• Identify opportunities for mining to support circular economies financial inclusion or decentralized infrastructure.
• Explore partnerships with NGOs or communities where mining revenue can support sustainable development.
• Collaborate with the Foundation to integrate mining education or awareness into impact programs.

Benefits:

• Enjoy generous PTO and sick leave because we believe in balance.
• 401(k) retirement plan with employer matching.
• Weve got your health covered with comprehensive health dental and vision insurance plans.
• Fuel your days with free snacks and paid lunches in the office.
• Unlock stock options and own a piece of our success!
• Work with the best tools and equipment setting you up to thrive.
• And the best part Endless growth opportunities await you as we rapidly expand!

#LI-TN1