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 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 Liberty Crypto 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-Liberty Crypto Lightening wallets will have a minimum payout threshold of 1,000 Satoshis.
On-chain payouts will have a minimum payout threshold of 25,000 Satosshis as well as an additional transaction fee.
In summary:
A payout occurs if:
Payout frequency event occurs AND
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. No hidden fees, guesswork, just the facts.
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