Paystand · 2 hours ago
General Manager, Bitcoin Mining
Santa Cruz, CA
Full-time
Onsite
Director/ExecutivePaystand is a leading fintech company focused on transforming financial systems through decentralized finance. The General Manager of Bitcoin Mining will oversee the company's mining operations, ensuring they meet revenue targets and align with the company's mission while leading a team and managing strategic relationships.
B2BBillingFinTechPayments
Responsibilities
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
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
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
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
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
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
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
Qualification
Required
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
Benefits
Enjoy generous PTO and sick leave, because we believe in balance.
401(k) retirement plan with employer matching.
We've 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!
Company
Paystand
Paystand is a cloud-based billing and payment platform for B2B companies.
Founded in 2013
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
$98.29MKey Investors
NewView CapitalDNX VenturesBlueRun Ventures
2025-11-25Series Unknown· $0.29M
2022-08-02Series Unknown
2021-07-23Series C· $50M
Leadership Team
Jeremy Almond
Founder/CEO
Scott Bennion
CFO
Recent News
2025-11-19
Payments Dive
2025-11-14
Company data provided by crunchbase