INVEST IN SAZMINING TODAY!
Clean Bitcoin Mining
$205,132.97 Raised
REASONS TO INVEST
Top Tier Professionals- Our team is composed of seasoned and accomplished rock stars with decades of experience in Bitcoin and emerging technology.
Massive Market Opportunity - We believe we are one of the only companies providing accessibility to the $76.6 billion methane-fueled Bitcoin mining market, with $1.8 million already raised in seed funding.*
Early & Exciting Momentum - We have already earned over $390K in revenue since we began collecting mining rig payments in December 2022. We have received a Letter of Intent for a max. $10M investment (provided we acquire $1M to put in escrow). Our latest mining facility went live in January 2023.
the pitch
We believe that Bitcoin mining is too complicated and costly for billions of people around the world. It is also notoriously energy-intensive, and critics point to its carbon footprint. We believe that Sazmining solves all of these issues in one fell swoop. Sazmining manages the entire mining process for our customers, so that they don’t have to lift a finger in order to receive Bitcoin directly into their wallets. Even better, we lower the financial barriers to mining by aggregating customer purchasing power to buy mining rigs in bulk. With a 350 mining rig capacity facility already live, press enthusiasm, and the recent full launch of our platform, we are ready to build a clean, accessible future in Bitcoin mining.
The Marriage between Better Money and Clean Energy Begins
Will Szamosszegi had already been a seasoned tech entrepreneur when he first heard about Bitcoin, the next global reserve asset. After months of research, he knew he had to build a company that would make it easier for people to own Bitcoin.
Meanwhile, Kent Halliburton, a veteran in the renewable energy sector, heard Will in an interview. Kent was impressed, and he quickly connected with Will.
The pair immediately hit it off and brainstormed how they could merge Will’s passion for Bitcoin and Kent’s passion for renewable energy. Sazmining was born: a platform that managed the entire Bitcoin mining process for retail customers, so that people all over the world could have the opportunity to receive Bitcoin as passive income. Sazmining’s mining rigs would run on carbon-neutral energy sources, such as hydro and waste methane gas.
Will and Kent are in the middle of their mission to transform humanity’s relationship with both money and energy. We believe that Sazmining is accelerating Bitcoin adoption, and it is giving a boost to the renewable energy economy by relying on them to power its mining rigs.
Bitcoin Mining Should be as Easy as Ordering a Netflix Subscription
At Sazmining, we make turnkey Bitcoin mining accessible to retail customers by sourcing, hosting, and maintaining customer's rigs. Customers simply purchase machines through our platform and give us their wallet address, and we handle the rest. Because we only make money when our customers do, our incentives are aligned with those of our customers: we are incentivized to maximize customer mining rigs' uptime and Bitcoin production.
The Problem & Our Solution
Helping Customers Make Money by Solving the Climate Crisis
Our mining rigs run on either clean energy sources like hydropower, or on methane gas (a greenhouse gas up to 84x as potent as CO2) that would have otherwise been emitted into the atmosphere. We believe that we are contributing to subsidizing the clean energy sector and curbing humanity’s greenhouse gas emissions (source). We are endeavoring to solve both of these problems by aggregating customer purchasing power to access low-cost, carbon-neutral Bitcoin mining facilities.
Many Problems, One Solution
We believe that Bitcoin mining is too complicated and costly for billions of people around the world. It is also notoriously energy-intensive, and misinformed critics point to its carbon footprint. We believe that Sazmining solves both of these issues in one fell swoop. Sazmining manages the entire mining process for our customers, so that they don’t have to lift a finger in order to receive Bitcoin directly into their wallets. Sazmining is reshaping Bitcoin mining to be more sustainable and affordable. By harnessing hydropower and methane waste to fuel our rigs, we are building a carbon-negative future for Bitcoin mining. Even better, we lower the financial barriers to mining by aggregating customer purchasing power to buy mining rigs in bulk. Finally, our rigs run on only clean energy sources, so our customers can rest easy knowing that their Bitcoin has not damaged the environment. With a 350 mining rig capacity facility already live, press enthusiasm, and the recent full launch of our platform, we are ready to build a clean, accessible future in Bitcoin mining.
Green, Transparent, and Easy
We are fully transparent with our customers. As they peruse our platform, they know exactly what to expect from their miners:
Our platform makes it easy for customers to track their miners’ progress:
The Market & Our Traction
Turning Toxic Emissions into Green Profits
Sazmining operates at the intersection of Bitcoin mining and climate change. The market opportunity that comes with consuming methane as our fuel source alone is estimated at $76.6 billion (source, source, source). Meanwhile, the market opportunity for Americans with at least $5,000 in savings represents a $149.35 billion opportunity (source).
Sazmining has been featured in Forbes, Bitcoin Magazine, Cointelegraph, and our CEO has been interviewed by E-Crypto News, Authority Magazine, The Halving Report, and the Crypto Coin Show.
*These testimonials may not represent the experience of other customers and are not a guarantee of future performance or success.
Why Invest
Bitcoin as a Weapon against Climate Change
Sazmining’s purpose is to improve the way humanity relates to energy & money. We believe that our carbon-neutral rigs can make the Bitcoin network more environmentally friendly as our market share grows. We plan to use this raise to reserve an additional 6 megawatts of clean energy, onboard an additional 2,000 customers through marketing, deliver a better customer experience, and build new customer-requested features. With early customer enthusiasm, press attention, and our recent full launch, we believe that we are perfectly positioned to reshape the way humanity mines Bitcoin for the better. We want to put newly mined Bitcoin in the pockets of one million customers.
Invest to Receive Bitcoin Goodies, Our Treat!
When we say that we want the entire world to adopt Bitcoin, we mean it. Investors will receive a Bitcoin hardware wallet, a mining rig, a ticket to Bitcoin Miami 2023, or other Sazmining perks. You won’t just buy a piece of Sazmining–you’ll become a proud Bitcoiner.
MicroStrategy co-founder Michael Saylor has previously stated that, "Bitcoin is digital gold, it's 100x better than gold" (source). Similarly, we believe that both Bitcoin and Bitcoin mining are here to stay.
The total number of Bitcoin addresses has grown past 1 billion in the asset’s extremely young lifespan, with no signs of deceleration (source). As shown in Figure 2, Bitcoin continues to prove its use as a medium of exchange. In 2021, its cumulative annual transfer volume officially surpassed that of Visa, reaching $13.1 trillion (source).
Figure 2. Annual transfer volume of Bitcoin and Visa
As shown in Figure 3, Bitcoin’s worth as a global store of value is demonstrated by the fact that those living under unstable monetary regimes adopt Bitcoin at a greater rate than those living under stable monetary regimes (source). In other words, Bitcoin is already proving valuable to those in the developing world, where fiat currencies lose value at a far greater rate than do currencies in the developed world (source).
Figure 3. Countries ranked by rate of crypto (Bitcoin) adoption.
ABOUT
HEADQUARTERS
9641 Eagle Ridge Drive
Bethesda, MD 20817
WEBSITE
View Site
We make purchasing rigs and mining Bitcoin as easy as subscribing to Netflix. Our latest mining facility went live in January 2023 and is now fully operational.
TEAM
William Szamosszegi
CEO
Martin Patrick Hidalgo
Chief Financial Officer
Andrew Zoltan Szamosszegi
Advisor and Board Member
Kent Marshall Halliburton
President and Chief Operating Officer
Prior to his position at Sazmining, Kent led sales, business development, and software efforts for a publicly-traded solar energy company (RSOL, no longer traded). He executed on 9-figure sales targets, managed a team of more than 100, and oversaw the development and deployment of the company’s operations software. A dynamic and capable leader, Kent keeps both budgetary goals and cultural vision balanced.
Kent graduated Summa Cum Laude with a B.S. in Computer Engineering from California Polytechnic University, San Luis Obispo. He helped develop Solar Energy Industry Association’s (SEIA) Sales Training program. Kent has been published in Bitcoin Magazine and Yahoo! Finance. He also developed projects with BMW and Lowe’s.
TERMS
Sazmining
Overview
PRICE PER SHARE
$13.10
DEADLINE
Jun 30, 2023
VALUATION
$20M
FUNDING GOAL
$15k - $1.23M
Breakdown
MIN INVESTMENT
$353.70
MAX INVESTMENT
$1,234,989.40
MIN NUMBER OF SHARES OFFERED
1,145
MAX NUMBER OF SHARES OFFERED
94,274
OFFERING TYPE
Equity
SHARES OFFERED
Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
Voting Rights of Securities Sold in this Offering
Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.
*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.
Time-Based Perks
Friends and Family - First 72 hours | 10% bonus shares
Super Early Bird - Next 72 hours | 7% bonus shares
Early Bird Bonus - Next 7 days | 5% bonus shares
Volume-Based Perks
Tier 1 Perk — Invest $750+ and receive access to our Exclusive Sazmining Investor Telegram group
Tier 2 Perk — Invest $1500+ and receive access to our Exclusive Sazmining Investor Telegram group + receive a free Coldcard Bitcoin hardware wallet
Tier 3 Perk — Invest $2500+ and receive access to our Exclusive Sazmining Investor Telegram group + receive a free Coldcard Bitcoin hardware wallet w/ metal seed plate + guaranteed reservation for an S19j Pro miner in our next facility, which is expected to launch in 3 - 6 months + a call with our CEO or COO
Tier 4 Perk — Invest $10,000+ and receive access to our Exclusive Sazmining Investor Telegram group + a free domestic flight to Miami to have dinner with team* + a free Coldcard Bitcoin hardware wallet w/ metal seed plate.
Tier 5 Perk — Invest $20,000+ and receive access to our Exclusive Sazmining Investor Telegram group + a free GA Bitcoin Miami 2023 ticket + domestic flight to Miami* + Dinner with team at Bitcoin Miami 2023 + a free Coldcard Bitcoin hardware wallet w/ metal seed plate
Tier 6 Perk — Invest $30,000+ and receive access to our Exclusive Sazmining Investor Telegram group + a free Industry Bitcoin Miami 2023 ticket + domestic flight to Miami* + Dinner with team at Bitcoin Miami 2023 + a free Coldcard Bitcoin hardware wallet w/ metal seed plate
Tier 7 Perk — Invest $50,000+ and receive access to our Exclusive Sazmining Investor Telegram group + a free Whale Bitcoin Miami 2023 ticket + domestic flight to Miami* + Dinner with team at Bitcoin Miami 2023 + a free Coldcard Bitcoin hardware wallet w/ metal seed plate
Tier 8 Perk — Invest $100,000+ and receive access to our Exclusive Sazmining Investor Telegram group + a free Whale Bitcoin Miami 2023 ticket + domestic/international business class flight to Miami* + Dinner with team at Bitcoin Miami 2023 + a spot on our podcast/Twitter spaces + a free Coldcard Bitcoin hardware wallet w/ metal seed plate
*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.
10% StartEngine Owner's Bonus
Sazmining will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $13.10 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $1,310. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus and Time & Volume-based in addition to the aforementioned bonus.
Irregular Use of Proceeds
Example - The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments and salary made to one's self, a friend or relative; Any expense labeled "Administration Expenses" that is not strictly for administrative purposes; Any expense labeled "Travel and Entertainment"; Any expense that is for the purposes of inter-company debt or back payments.
ALL UPDATES
06.02.23
THIS is the Superior Alternative to Exchanges
It's been a wildly successful week in the world of Bitcoin Mining. Here are 3 events that made it a win for the bitcoin mining industry:
1. The Texas Anti-Bitcoin mining bill (SB 1751) was defeated
2. Joe Biden's proposed 30% BTC mining tax was defeated
3. The pro-mining bill (SB1929) was successfully passed
Bitcoin Miners in Texas can now breathe easy knowing they've won the fight against getting shut down due to regulations. A huge shout-out goes to Lee Bratcher, President of the Texas Blockchain Council, and numerous other teams that won this fight against the anti-bitcoin mining bill.
ERCOT, the Electric Reliability Council of Texas, plays a crucial role in the energy landscape of the state, ensuring the stability and reliability of the grid. Bitcoin mining farms in Texas help stabilize the grid by providing a flexible load that can be adjusted in real-time.
Essentially, Bitcoin miners can effectively absorb the surplus power and prevent wastage, or alter their consumption when demand is high. This collaboration between ERCOT and Bitcoin mining not only leverages Texas' abundant energy resources but also contributes to grid stability and promotes the integration of renewable energy sources. This is why the anti-bitcoin mining bill being defeated is not only a win for Bitcoin Miners in Texas but also a win for ERCOT.
Speaking of Bitcoin Mining, I am inviting you to Sazmining's upcoming webinar hosted by Kent Halliburton, Sazmining's President and COO, taking place on June 15th at 2:00pm ET.
The webinar is titled "THIS is the Superior Alternative to Exchanges for Bitcoin Acquisition" and we mean every word of it. Something we learned from networking with over 100 people at the Bitcoin Conference is that a problem they are trying to solve is finding a way to acquire Bitcoin without needing to sign up on an exchange. Running a Bitcoin Mining company, we had the perfect solution for them!
Please register for the webinar using this link - https://my.demio.com/ref/Dvks3rrG0Rnhd81a - and invite your friends and colleagues to it as well!
I'm particularly excited for this webinar because it's such a different topic from the ones we have conducted before, and it brings a whole new layer of value to our customers and investors.
Thank you for being part of the Saz journey.
Sincerely,
Will
Here is the link to register for the webinar - https://my.demio.com/ref/Dvks3rrG0Rnhd81a
05.26.23
Roadmap to our 2nd facility
Since we made the announcement on our Paraguay facility, we had a couple of people ask us about the timeline for the facility to be up and running. The Sazmining team and I thought it best to update our customers and investors alike on the roadmap for the Paraguay Bitcoin Mining facility.
We're currently in the pre-deployment stage of preparing the facility. Here's what it means:
Pre-Deployment Stage:
While clients purchase rigs of their choosing, they are procured and warehoused in a secure 3PL-managed facility.
At the same time, the mining site operators in Paraguay are preparing the site by installing containerized data centers.
Deployment Stage:
Once we receive a date for the mining site to be ready and energized, Sazmining will ship warehoused client rigs to the mining site, so they arrive in congruence with the readiness of the mining site, to minimize time to get them up and running.
Once the rigs arrive at the mining site, the mining site operator will receive and install the Sazmining client rigs in the containerized data centers.
We're estimating the facility to be up and running within 6 months, at the latest. The Sazmining operations team is working hard towards shortening that timeline. In any case, we will keep everybody updated on the timeline of the facility.
While the facility is getting ready to house rigs, for the first time ever, Sazmining customers have the option to choose one or both of the following types of rigs: Bitmain S19 XP and the WhatsMiner M30S++
While the Bitmain S19XP is more efficient and bears a higher upfront cost, the WhatsMiner is more affordable while being sufficiently efficient at mining bitcoin - giving our customers the option to choose between 141 TH and 108 TH. We had surveyed our customers when we were trying to choose between the two offerings and we got an overwhelming response for wanting the option to host either - so that's exactly what we did.
We're hard at work shortening the timeline for getting the Paraguay facility up and running. Thank you all for being part of this journey.
Sincerely,
Will
05.24.23
You know you're making waves when...
Bitcoin Miami was a huge success for Sazmining. Besides networking with investors, current customers, and future customers, we also got to learn from prominent bitcoiners and industry leaders in the space. Here's a couple of memories captured from the conference:
We met Adam Back, inventor of proof-of-work and CEO of Blockstream, Bryce, Sazmining's champion, investor, and customer, Jason Maier, author of A Progressive Case for Bitcoin and Sazmining customer, and Saifedean Ammous, author of The Bitcoin Standard and most recently, Principles of Economics.
However, the most significant part of the conference was meeting people that already knew Sazmining. Over 90% of the people we met had heard of us and some were looking forward to meeting us at the conference, knowing we'd be there. I don't mean to sound surprised. This experience reinforced the belief that what Sazmining stands for, and is working towards, is reaching its intended audience.
Thank you all, for being part of this journey.
Here's to scaling the only company making clean bitcoin mining accessible to retail investors.
Sincerely,
Will
05.17.23
Announcement on our Next Facility 🇵🇾
After researching countless sites for our next bitcoin mining facility, Sazmining's 2nd facility is officially going up in Paraguay!
We have executed an LOI for 5MW of hosting capacity for a facility in Paraguay that is running on hydropower. We will be pulling power off the Itapui dam, which is shared with Brazil.
Since this is a shared power plant and Paraguay doesn’t have the demand to consume their half of the electricity generation, much of it is sold to Brazil for a song. Our being there is going to bring much-needed value to the Paraguayan economy.
Upon announcing the news on Twitter, the tweet received 47.5k impressions, and a lot of love from the bitcoin and bitcoin mining community. 🎉
We're halfway through the month of May and the updates from the Sazmining team keep getting better. This is all taking place through the bear market, so I can only imagine what the bull market holds for us.
Here's to scaling the only company that makes clean bitcoin mining accessible to retail investors.
Sincerely,
Will
05.12.23
We have excellent news 🎉
The graph that would determine Sazmining's progress is looking up and to the right! This month, we've already had the pleasure to share these updates:
1. Surpassing the $200,000 milestone on our Equity Raise
2. Offering our customers 2 types of ASICs for the next facility
3. Our customers earning more BTC as a result of high fees
To add to that, I am pleased to share with you that we have secured an updated LOI for $10M+ in financing with the condition of having raised at least $150,000 from a third party. This third party is StartEngine in our case.
Since we have crossed that milestone on our Equity Raise, we are now eligible to access this capital that will in turn help Sazmining scale and drive our growth strategy.
A huge thank you to everyone for being part of this journey. Here's to scaling the only company making bitcoin mining accessible to retail investors.
Sincerely,
Will
05.10.23
Mining rewards are currently very high
In light of the recent high fees due to the launch of BRC20 & Ordinals, I wanted to reassure our customers and investors that we will never prioritize any one transaction over another for any reason other than who offers the highest fees.
This has been a topic of concern for some parts of the Bitcoin community. The topic revolves around whether some transactions, like ordinals, should make it onto the Bitcoin blockchain, or not.
While that is a primary point of contention for Bitcoin's social layer, one thing is for certain - Miners will keep mining regardless of the type of transaction. ⛏️
Shifting gears to another piece of news, Kent and I will be at Bitcoin Miami next week. If you, or anyone you know, decided to attend the conference at the last minute, here's a 10% discount code for your ticket:
Sazmining is one of the sponsors for the event. One of the perks of being a sponsor is that we get to share this discount coupon with our audience. Hope this benefits you or anybody you know looking to get a ticket last minute.
If you're not following myself, Kent, or Sazmining on twitter, I encourage you to do so. We will be posting live updates from Bitcoin Miami so everybody can join in on the highlights of Sazmining's presence at the biggest Bitcoin conference in North America! I'm personally looking forward to evangelizing Sazmining, which is the only way to mine clean bitcoin for retail investors.
In the coming weeks, I will have some exciting news for you on our next facility. You have played a huge part in us getting there, and I am grateful for your support.
Sincerely,
Will
05.05.23
We're going to be amid 30,000 bitcoiners in 2 weeks!
The month of May is off to a roaring start!
We have now raised $209,010 with the support of 83 investors on our Equity Raise. We saw a ton of momentum build up in the last two weeks and the timing couldn't be better.
Kent and I are attending Bitcoin Miami in 2 weeks. I can only imagine it fueling our campaign further into reaching our goal. Being surrounded by over 30,000 bitcoiners, I am pumped to talk about the ONLY company making clean bitcoin mining accessible to anyone in the world.
If you haven't already booked your tickets to Bitcoin Miami, investing in Tier 5 or above on our Equity Campaign will not only get you the equivalent number of shares, it will also include a domestic flight ticket to Miami and a GA ticket to the conference!
On another note, the bitcoin halvening will take place around this time next year. This is when the Bitcoin reward will drop from BTC 6.25 to BTC 3.125. As a Bitcoin Mining company, this event is both - thrilling and exciting. Depending on market conditions, this could propel us forward into further expansion of our facilities, or present us with difficult decisions.
At the end of the day, I believe the bitcoin halvening to be the most important event taking place on the bitcoin blockchain. This is because it signifies 2 things:
1. We're on track with Bitcoin's code - to be a deflationary currency
2. It makes Bitcoin more scarce, and therefore harder to acquire
The supply and demand mechanics of bitcoin are designed incredibly well. With higher bitcoin adoption comes more demand to acquire bitcoin, and as that demand goes up, we see the supply of bitcoin going down - thanks to the bitcoin halvening.
For miners, the mechanics bitcoin's deflation curve is necessary. What a beautiful design where all we have to do is run the bitcoin codebase, and the free market dictates the rest.
While the halvening is a year away, the Sazmining team is laser-focused on getting our next mining facility up and running. Thank you for following our journey and supporting us along the way.
Here's the scaling the ONLY company making clean bitcoin mining accessible to retail investors.
Sincerely,
Will
05.02.23
We Crossed Another Milestone 🎉
Last week marked the news of the 60-day extension on our Equity Raise, and we couldn't start the month of May with better news than this - We have raised over $201,000 with the support of 81 investors! 🎉
We still have a ways to go, and we're here to put in the work.
I wanted to make this update brief, but I will end with giving a shout-out to this documentary produced by Peter McCormack:
In essence, it highlights how Bitcoin mining can be a tool to make the transition to a greener grid, address methane emissions, and stabilize grids. Additionally, it also covers how Bitcoin mining has the potential to revitalize rural communities and create real jobs for people.
We can speak to this first-hand since our first hydro-powered Bitcoin mining facility is located in a small town in Wisconsin. Since we take on the responsibility of maintaining rigs for our customers, it comes with employing folks in the surrounding area for multiple jobs to ensure the facility continues to run seamlessly.
Here's to making clean Bitcoin mining accessible to retail investors. 🌿
Sincerely,
Will
04.28.23
This was not a miracle.
I want to dive head-first into the biggest news of the week - our Equity Raise Campaign has now been extended by 60 days.
Earlier this week, I said there were only 5 days left. This was largely due to a financial review that we needed to complete by April 30th. Patrick Hidalgo, Sazmining's CFO, was head down in filing paperwork this week to make the 60-day extension possible. Thank you, Patrick, and the StartEngine team!
Our raise currently sits at $193,960 with the support of 76 investors. We're incredible close to passing the $200,000 milestone. Thank you for your support in making this possible.
Heading into another update, I had the incredible opportunity to attend the Bitcoin Policy Summit on April 26th. It was a one-day, invite-only policy conference exploring Bitcoin as a strategic opportunity for the United States.
I met with and spent time learning from some incredible folks like Fred Thiel (CEO of Marathon Digital Holdings), Taras K (CEO of SunnySide Digital), Jack Mallers (CEO of Strike), David Zell (Co-founder of BPI), Patricia Trompeter (CEO of Sphere 3D Corp), Alex Gladstein (Chief Strategy Officer, HRF), and many more incredible leaders in the industry.
Saying that I was humbled by attending this summit is an understatement. The capacity that humans possess to convey and distill information in a way that makes it comprehensible to folks not in the industry - this summit was the epitome of such conversations.
For example, Troy Cross is an incredible force for good in our industry in terms of education. Troy has mastered how to communicate ideas effectively to people from different backgrounds, may it be political or industrial.
We, at Sazmining, are extremely grateful to have Troy as an advisor and for his support in our efforts to set a niche for being the only clean bitcoin mining company serving retail investors.
Having attended the Bitcoin Policy Summit in DC, I'm extremely bullish on the Bitcoin mining industry persisting in the United States.
Next week, I'm going to dive deep into the economics surrounding the bitcoin halvening. Until then, if you have any questions on our equity raise or our business model, my team and I are only an email away.
Here's to providing a white-glove service to our customers so they can mine clean bitcoin from anywhere in the world.
Sincerely,
Will
04.27.23
Notice of Material Change in Offering
[The following is an automated notice from the StartEngine team].
Hello! Recently, a change was made to the Sazmining offering. Here's an excerpt describing the specifics of the change:
Sazmining is extending their campaign end date and updating their financials
When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.
Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
REWARDS
$353
Earn 10% Bonus Shares
Earn 10% bonus shares in this investment and all eligible investments for an entire year. If you are not already an Owners bonus holder, you can join now, for $275, billed annually.
$750
Tier 1 Perk
Invest $750+ and receive access to our Exclusive Sazmining Investor Telegram group
$1,500
Tier 2 Perk
Invest $1500+ and receive access to our Exclusive Sazmining Investor Telegram group + receive a free Coldcard Bitcoin hardware wallet
$2,500
Tier 3 Perk
Invest $2500 + the rewards from Tier 2 Perk + guaranteed reservation for an S19j Pro miner in our next facility, which is expected to launch in 3 - 6 months + a call with our CEO or COO
$10,000
Tier 4 Perk
Invest $10,000+ and receive access to our Exclusive Sazmining Investor Telegram group + a free domestic flight to Miami to have dinner with team* + a free Coldcard Bitcoin hardware wallet w/ metal seed plate.
$20,000
Tier 5 Perk
Invest $20,000+ & receive access to our Exclusive Sazmining Investor Telegram group + free GA Bitcoin Miami 2023 ticket + domestic flight to Miami* + Dinner with team at Bitcoin Miami 2023 + a free Coldcard Bitcoin hardware wallet w/ metal seed plate
$30,000
Tier 6 Perk
Invest $30,000+ & receive access to our Exclusive Sazmining Investor Telegram group + free Industry Bitcoin Miami 2023 ticket + domestic flight to Miami* + Dinner with team at Bitcoin Miami 2023 + Coldcard Bitcoin hardware wallet w/ metal seed plate
$50,000
Tier 7 Perk
Invest $50,000+ & receive access to our Exclusive Sazmining Investor Telegram group + Whale Bitcoin Miami 2023 ticket + domestic flight to Miami* + Dinner with team at Bitcoin Miami 2023 + a free Coldcard Bitcoin hardware wallet w/ metal seed plate
$100,000
Tier 8 Perk
Invest $100,000+ & receive access to Sazmining Investor Telegram group + Whale Bitcoin Miami 2023 ticket + domestic/intl' business class flight to Miami* + Dinner with team at Bitcoin Miami 2023 + a spot on our podcast/Twitter Spaces+ a free Cold...
JOIN THE DISCUSSION
0/2500
William Hackett
9 INVESTMENTS
a month ago
Interesting Business model. So How many sites does your mining company have. I take it at least two with one being the Wisconsin building on Hydro Power. Do you own the buildings or rent? You want to do several types of Energy. Do you plan to build a building with Solar panels or Wind Power? what happens if you build a Methane capture site and it runs out of Methane? How much capital does it cost to open a new site? How fast can you scale this business since you need to keep finding new sites and buying new machines? What is the sweet spot you are looking for where your company can be profitable and use profits to open new sites? What is the Price of new miner now it was 10000 or 5000 is it even lower now like 3000 or 2000? if I invest 2500 how long will I have to wait before I can buy a miner? Once I buy that miner how long will it typically last? Your company uses a Mining Pool right now in the future do you plan to have your own Mining Pool if you scale large enough? A good busiman has a plan for tough times. What types of plans do you have to deal with Bear Markets in the future? I made a Investment in HydroHash on Republic. They are making water cooled miners that are more efficent than regular miners. But they don't offer the ability to buy you own miner. I have seen with them that they got a deal in Washington st for Hydropower at 2.8 cents then they raised the deal to 5cents and up to 8 cents where the avg is 11cents. I wonder in Wisconsin do you have similar problem? is that energy on a lease or will you stay in that location for a long time? I know I am asking many questions because I like your model. I am worried about putting more money in unless I am sure you can scale fast. I Do like the idea of having my own Miner. By the way where will the next site be if I invest where will you house my miner? Okay lets see you answer my question.
0
0
Benjamin Landman
8 INVESTMENTS
2 months ago
I just checked and even considering a price of $27,500 for Bitcoin, the profit calculator on the SazMining website shows "Mining rigs paid off after 58 months".
How could a rational person invest in something that is very uncertain (like the price of Bitcoin) to get "paid off" after almost 5 years? And probably by then the rigs would be obsolete and would likely produce negative profits.
What am I missing?
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Bryce McDowell
3 months ago
Well, you seem to know how the money works. And you said people that know how the money works will still become billionaires. So... you have your billions, right?
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Thomas Colvin
26 INVESTMENTS
3 months ago
I guess you still live with your parents or collect welfare.
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Thomas Colvin
26 INVESTMENTS
3 months ago
Read the book The Bitcoin Standard.
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Adrian Jackson
3 months ago
Oh brother. When is the USA going to ban Bitcoin already like other countries have done. You already have the US Dollar. There is nothing wrong with the currencies you use now. Bitcoin isn’t going to fix anything. The real issue is that most people are financially illiterate. That is what need to be fixed. If you used Bitcoin you would still run into the same issue with people still being financially illiterate and people will still not know how money work. This is the real issue in America which is why the debt is so huge. Those who know how money work will still be billionaires, those who don’t know how money work will be in debt with or without bitcoin. It doesn’t solve any real issues that “People” have. Its not even an Asset its just hype and a scam. During every recession in America bitcoin skyrockets because financially illiterate people get scared that the US financial system is going to crash. Then after the recession when everything is booming and good again. Bitcoin crashes because to be honest no one cares about it. It’s just hype during a downturn. No real value. If you want real Value invest in businesses, gold, real estate, land. Real Assets. Look at all the companies like Tesla that used Bitcoin during it’s hype when the pandemic started telling people you can now buy Tesla’s with bitcoin. Then after Elon made money off of the hype he pushed a press release saying that you can no longer buy Teslas with Bitcoin then came up with an excuse 😆. You can literally see that pattern. During the 2008 recession it was the same thing. Bitcoin skyrocket. Then after that recession Bitcoin crash. No one cares about. It is just hype. Warren Buffet warned his followers and all the billionaires that honor him to stay away from Bitcoin because it is the biggest scam in America history and everyone who follows him listens to his wise words. Look at all of these crypto companies filing for bankruptcy and being sued. Look at coinbase and all of these bitcoin platforms that seen their profits get wiped out in 2022. How are people still interested in this stuff. 😆 what is going on with these people and Bitcoin? Oh brother.🤦🏽♂️ Someone please pass me a cup of coffee please.
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Thomas Colvin
26 INVESTMENTS
3 months ago
Top-notch customer service. I like give a thumps up to Petar at Sazmining website for helping me out. He was willing to do what it took to problem solve my issue. Thanks again for all your help. I so excited and can not wait until my rigs are up and running. $$$$$
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Stephen Hart
10 INVESTMENTS
4 months ago
To accept the pitch, I have to believe that the methane you burn cannot be used to replace any fossil fuel source for any other use than an energy intensive, non-essential process.
Please make that case.
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Thomas Colvin
26 INVESTMENTS
4 months ago
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