Terrahash operates on structurally cheap power and efficient miners, with our cost per bitcoin currently under 40,000 USD. Even at lower BTC prices and rising difficulty, operations remain cashflow positive after power, operating, and capital expenditure amortization — protecting margins and downside through cycles. Management is focused on yield, uptime, and unit economics rather than token storytelling. We think like a power project, not a trading desk. This reduces execution risk.
Our dual custodians, direct wallet-to-repayment flows, and clear waterfall ensure that investors and preferential shareholders are paid before any discretionary upside. No leverage on BTC inventory. No rehypothecation.
We turn stranded energy or power into Bitcoin. No cloud credits, no circular vendor financing, no synthetic revenue. We do not lend to customers, we do not sell “capacity” to entities also funding us, and we do not book revenue from friendly shells.
Investors can point to switchgear, containers, and miners on the ground. Each asset has serials, locations, and security interests. In a downside, you can recover real equipment, not goodwill and code.
In a BTC crash, survival depends on trust from investors, lenders, and regulators. Transparency and clean governance keep Terrahash credible, minimizing risks with a strict no–related-party or hidden affiliate transactions policy that could create fraud concerns.
Being prepared with contracts and data enables quick fundraising or restructuring, helping reliable operators endure when others don’t.