When Barefoot Mining identifies an opportunity to develop a new mining site, sometimes in conjunction with the development of a new energy source, it typically creates a unique legal entity. We then often work with high net-worth individuals, family offices, and investment funds to raise the necessary capital. We especially seek partnership with those investors that share our passion for the ethos of Bitcoin and who desire to acquire and hold bitcoin.
Unlike most mining companies, Barefoot Mining does not believe in holding much of the mined bitcoin on the balance sheet of our companies. Instead, we typically distribute most of the mined bitcoin directly to our investors. This minimizes tax exposure and gives investors full control of their bitcoin, meaning that our investment partners receive all of the major benefits of being a Bitcoin miner and none of the headaches of site development, mining machine management or site operations.