Director of Bitcoin Mining
At Paystand, we’re not just another fintech company—we’re trailblazers in decentralized finance (DeFi), transforming how businesses manage their finances. With thriving hubs in Santa Cruz, San Francisco, Austin, Minneapolis, Mexico City, Hermosillo, and Guadalajara, we’re leading a global revolution in financial systems. Recognized on the Inc. 5000 list for five consecutive years, we’re among the fastest-growing companies reshaping the future of finance.
Our Expanding Ecosystem: Paystand isn’t just a company—it’s a growing global network. With the strategic acquisitions of Teampay, a leader in spend management, and Yaydoo, a top AR and AP platform in Latin America, we’re building an expansive ecosystem designed to revolutionize financial operations and fuel business growth worldwide.
Why Paystand?
What We Do: By harnessing the power of blockchain technology, we digitize receivables, automate financial processes, reduce time-to-cash, lower transaction costs, and unlock new revenue streams for businesses.
Why We Do It: We’re driven by a mission to revolutionize digital payments and decentralize finance, creating a more open, inclusive, and transparent financial ecosystem, starting with B2B payments.
How We Do It: As change-makers in the DeFi movement, we don’t just follow trends—we set them. If you’re passionate about shaping the future of fintech and eager to redefine what financial technology should look like, Paystand is the place where you can make a significant impact.
Join Us: Be part of something bigger. Join Paystand and help us lead the financial revolution.
Location: LATAM Remote - Peru or ColumbiaPosition Type: Full-TimeTravel: 10–15% (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one of the fastest-growing B2B fintech innovators, we’re transforming how money moves between businesses by replacing outdated, fee-based systems with a blockchain-enabled, cashless network that rewards efficiency and transparency.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. We’re scaling fast and preparing for our next major milestone: IPO readiness and beyond.
Position Summary
The Director of Bitcoin Mining is responsible for overseeing the full lifecycle of the company’s 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 company’s broader Bitcoin mission and brand.
Impact Component (for Paystand.org)
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.
- 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!
#LI-TN1
If you're passionate about driving change in the FinTech landscape and being part of a company that is shaping the future of digital payments, we invite you to explore opportunities with Paystand.
We understand that no candidate is perfectly qualified for any job. Experience manifests in diverse ways, skills are transferable, and passion is a powerful driver. Your journey and skills are unique, and we value the richness that diverse perspectives bring to our team.
More than a resume, we prioritize a genuine commitment, impactful contributions, and the ability to thrive in our dynamic, collaborative environment. We are enthusiastic about providing you with opportunities to learn and grow within this role. If your experience aligns closely with what we're seeking, we encourage you to apply.
We celebrate the belief that diversity in backgrounds and thoughts fuels better problem-solving and fosters more creative thinking. Our commitment to adding new perspectives to the team reflects our dedication to innovation and inclusivity.
Your journey is important to us, and we look forward to the possibility of welcoming you to our team at Paystand. Feel free to reach out; we can't wait to hear from you.
All roles are on-site only. Only English resumes will be considered.
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