PrimaryActive focusGTM / Banking House

Mining & hashrate infrastructure

Miners are the clearest first wedge: they have constant fiat/BTC treasury pain, credit needs, banking friction, and operational complexity that Lunar Rails can simplify.

Weekly question

Which mining operators have urgent treasury, credit, or fiat-rail pain that we can turn into a Banking House pilot?

Accounts

Primary

Freshness

Live board

Next visible action

Schedule treasury infrastructure discovery call.

Lead list

Reachability is derived from outreach evidence. Market size is each company's own estimated revenue, computed from monthly Bitcoin production by industry vertical. LR contract value is our expected take — 50% of their Bitcoin trades at a 30 bps OTC spread — not their whole output.

Companies

Already talking

Can continue

Can contact

No path yet

1 unreachable

Market size / yr

Not sized yet

3 live rows

LR contract value / yr

Not sized yet

50% of trades · 30 bps

Account pipeline

Daily driver

The full mining lead list: company, vertical, reachability, contact owner, scale, conversion potential, and the next move. Filter by any of them; select a row for the supporting Atlas context.

80 of 80 accounts


Self-miner	United States			High / benchmark	—	—		Schedule treasury infrastructure discovery call.
Self-miner	United States			Research signal	—	—		Map decision maker for treasury ops.
Self-miner	United States			Research signal	—	—		Monitor Q2 earnings and treasury commentary.
Self-miner	—			16-17 EH/s pool hashrate plus sub-1 EH self-mining operation	—	—		Prep first-call account brief.
Self-miner	—	Already talking	GTM / Banking House	Sub-1 EH	—	—	High	Prep first-call account brief.
Self-miner	—			About 70 EH/s self-mining; about 83 EH/s under management	—	—		Qualify relationship path and next outreach.
Infrastructure	—	Can continue	GTM / Banking House	No self-mining operations	—	—	High	Qualify relationship path and next outreach.
Self-miner	—	Can continue	GTM / Banking House	About 0.84 EH/s	—	—	Medium	Qualify relationship path and next outreach.
Payments	—	Can continue	GTM / Banking House	No mining operations	—	—	Medium	Qualify relationship path and next outreach.
Infrastructure	—	Can continue	GTM / Banking House	No self-mining operations	—	—	High	Qualify relationship path and next outreach.
Financing	—	Unreachable	GTM / Banking House	About 15 EH/s	—	—	None	Prep first-call account brief.
Self-miner	—	Can continue	GTM / Banking House	Sub-1 EH	—	—	High	Qualify relationship path and next outreach.
Infrastructure	—	Already talking	GTM / Banking House	No self-mining hashrate	—	—	High	Prep first-call account brief.
Self-miner	—	Can continue	GTM / Banking House	About 3.1-3.3 EH/s self-mining at 2022 peak run-rate	—	—	Low	Qualify relationship path and next outreach.
Self-miner	—	Can continue	GTM / Banking House	120 MW Ethiopia plus Russia and Paraguay sites	—	—	Medium	Qualify relationship path and next outreach.
Infrastructure	—			Hosting only	—	—		Prep first-call account brief.
Infrastructure	—	Already talking	GTM / Banking House	10+ sites; about 5 EH/s	—	—	High	Prep first-call account brief.
Self-miner	—	Already talking	GTM / Banking House	Sub-1 EH	—	—	Low	Prep first-call account brief.
Cloud mining	—	Already talking	GTM / Banking House	About 15 EH/s	—	—	High	Prep first-call account brief.
Financing	—	No path yet	GTM / Banking House	Pilot-sized	—	—	Medium	Build the account brief: current rails, pain, decision makers, and first useful offer.
Financing	—			High / benchmark	—	—		Map public filings + current financing relationships.
Self-miner	—			TBD - qualify	—	—		Identify the specific switch trigger: credit, custody, treasury reporting, or energy-linked finance.
Financing	—			TBD - qualify	—	—		Watch for financing events and provider relationships.
Financing	—			TBD - qualify	—	—		Track capital raises and custody/execution partners.
Financing	—			TBD - qualify	—	—		Watch for post-restructuring financing patterns.
Infrastructure	United States			Unassessed	—	—		Find a reach-out path.
Infrastructure	United States			Unassessed	—	—		Find a reach-out path.
Financing	United Kingdom			Unassessed	—	—		Find a reach-out path.
ASIC maker	United States			Unassessed	—	—		Find a reach-out path.
Mining pool	Cayman Islands			Unassessed	—	—		Find a reach-out path.
Hosting	United States			Unassessed	—	—		Find a reach-out path.
Infrastructure	Hong Kong			Unassessed	—	—		Find a reach-out path.
Mining pool	Singapore			Unassessed	—	—		Find a reach-out path.
ASIC maker	Netherlands			Unassessed	—	—		Find a reach-out path.
Self-miner	China			Unassessed	—	—		Find a reach-out path.
ASIC maker	United States			Unassessed	—	—		Find a reach-out path.
Mining pool	China			Unassessed	—	—		Find a reach-out path.
ASIC maker	Singapore			Unassessed	—	—		Find a reach-out path.
ASIC maker	China			Unassessed	—	—		Find a reach-out path.
Mining pool	—			Unassessed	—	—		Find a reach-out path.
Self-miner	United States			Unassessed	—	—		Find a reach-out path.
Self-miner	United States			Unassessed	—	—		Find a reach-out path.
Mining pool	Canada			Unassessed	—	—		Find a reach-out path.
ASIC maker	China			Unassessed	—	—		Find a reach-out path.
Self-miner	China			Unassessed	—	—		Find a reach-out path.
Mining pool	United States			Unassessed	—	—		Find a reach-out path.
Mining pool	United States			Unassessed	—	—		Find a reach-out path.
Financing	United States			Unassessed	—	—		Find a reach-out path.
Self-miner	United States			Unassessed	—	—		Find a reach-out path.
Infrastructure	United States			Unassessed	—	—		Find a reach-out path.
Self-miner	Canada			Unassessed	—	—		Find a reach-out path.
ASIC maker	China			Unassessed	—	—		Find a reach-out path.
ASIC maker	China			Unassessed	—	—		Find a reach-out path.
Self-miner	United States			Unassessed	—	—		Find a reach-out path.
Infrastructure	Australia			Unassessed	—	—		Find a reach-out path.
Self-miner	United States			Unassessed	—	—		Find a reach-out path.
Firmware	United States			Unassessed	—	—		Find a reach-out path.
Hosting	United States			Unassessed	—	—		Find a reach-out path.
Self-miner	—			Unassessed	—	—		Find a reach-out path.
Self-miner	China			Unassessed	—	—		Find a reach-out path.
Self-miner	Germany			Unassessed	—	—		Find a reach-out path.
Financing	United States			Unassessed	—	—		Find a reach-out path.
Mining pool	El Salvador			Unassessed	—	—		Find a reach-out path.
Infrastructure	United Arab Emirates			Unassessed	—	—		Find a reach-out path.
Mining pool	China			Unassessed	—	—		Find a reach-out path.
Self-miner	United States			Unassessed	—	—		Find a reach-out path.
Hosting	United States			Unassessed	—	—		Find a reach-out path.
Self-miner	South Korea			Unassessed	—	—		Find a reach-out path.
Mining pool	Japan			Unassessed	—	—		Find a reach-out path.
Mining pool	China			Unassessed	—	—		Find a reach-out path.
Infrastructure	United States			Unassessed	—	—		Find a reach-out path.
Mining pool	China			Unassessed	—	—		Find a reach-out path.
Self-miner	Taiwan			Unassessed	—	—		Find a reach-out path.
Mining pool	—			Unassessed	—	—		Find a reach-out path.
Self-miner	Canada			Unassessed	—	—		Find a reach-out path.
Mining pool	China			Unassessed	—	—		Find a reach-out path.
Firmware	—			Unassessed	—	—		Find a reach-out path.
ASIC maker	China			Unassessed	—	—		Find a reach-out path.
Mining pool	—			Unassessed	—	—		Find a reach-out path.
Mining pool	—			Unassessed	—	—		Find a reach-out path.

Segment totals

How much of the industry this board adds up to: companies engaged, their combined market size, share of each vertical, and who owns what. Shares and industry totals are estimates from the sized companies.

Engaged accounts

talking + can continue

Market represented / yr

Not sized yet

Share of industry

—

of ~$10.4B/yr mining

Companies on board

9 verticals

By vertical

Vertical	Companies	Market represented / yr	Share of vertical
Self-miner	27	—	—
Mining pool	16	—	—
Infrastructure	12	—	—
Financing	9	—	—
ASIC maker	9	—	—
Hosting	3	—	—
Firmware	2	—	—
Payments	1	—	—
Cloud mining	1	—	—

By contact owner

GTM / Banking House79GTM / Research1

Segment brief

What this page is for

Primary targets

Entities that deserve account briefs, owner assignment, and concrete outreach or follow-up.

Secondary targets

Useful opportunities to keep warm without letting them steal the week's focus.

Watching

Benchmarks and market signals that should inform the segment, not become the GTM list.

Relevant needs

Why this segment hurts

•Working capital without forced BTC sales
•Fiat rails that do not break under mining-business compliance pressure
•Treasury reporting across wallets, exchanges, lenders, and banks
•Credit/collateral structures that understand hashrate cycles

Competitor benchmarks

Who owns the job today

•Bitcoin-backed lenders solve one slice, not the full operating stack.
•OTC desks and exchanges own liquidity but rarely own treasury workflow.
•Banks own fiat trust but usually do not understand mining-native collateral or BTC operations.

Notes

Keep in view

Benchmark

Competitor benchmark

Do not compare Lunar Rails to a single lender. The stronger position is bundled operating layer: fiat rails + treasury + custody coordination + credit partner routing.

Insight

Weekly report angle

Start the GTM report with miners because pain is frequent, measurable, and tied directly to Banking House capabilities.

Risk

If we cannot name the first concrete offer for a miner, the segment is too abstract. Force every account into a next action.

Next moves

What happens now

01Curate the top 10 mining accounts into primary / secondary / watching.
02Write one-page brief for CES Mining as the segment template.
03Add competitor/provider notes for lenders, OTC desks, custody, and fiat rails.