> ## Documentation Index
> Fetch the complete documentation index at: https://docs.mezzamine.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Overview

> Bitcoin's native credit market for the global mining economy.

Mezzamine is **Bitcoin's native credit market for the global mining economy.** It originates **BTC-denominated credit facilities** for mining operators, secured by mining hardware, pledged hashrate, and BTC reserves, with **program-level hedging** that stabilizes credit performance across market cycles.

Credit markets do not treat mining hardware as collateral. **Mezzamine underwrites it**, so an operator pledges a fraction of the Bitcoin a conventional facility requires.

The result is a two-sided market:

1. **Mining operators borrow in BTC.**
2. **Capital providers earn native BTC yield** from BTC's security layer.

<CardGroup cols={2}>
  <Card title="For Miners" icon="helmet-safety" href="/for-miners/overview">
    BTC-denominated capital for hardware, hashrate, liquidity, and refinancing, in the asset you mine, with no margin calls in bear markets.
  </Card>

  <Card title="For Lenders and Investors" icon="landmark" href="/for-lenders/overview">
    Native BTC yield through secured exposure to mining-backed credit, backed by verifiable production and a first-lien claim.
  </Card>
</CardGroup>

## Foundations

<CardGroup cols={2}>
  <Card title="How It Works" icon="gears" href="/welcome/how-it-works">
    BTC-denominated credit, hedging, controlled receipts, and collateral in one mechanism.
  </Card>

  <Card title="The Mining Economy" icon="chart-line" href="/mining-economy/finance-problem">
    Why mining is the productive foundation of a Bitcoin credit market.
  </Card>
</CardGroup>