Bitcoin Magazine

Sazmining Now Sells Jack Dorsey’s Proto Immersion Hashboards 

Bitcoin mining just got a lower barrier to entry. 

Sazmining announced Thursday that it is now selling Proto’s immersion hashboards directly to individual and institutional buyers through its mining-as-a-service platform. Previously, the hardware was mostly in the hands of large-scale operators.

Each hashboard delivers roughly 200 TH at around 15 J/TH, and buyers own them outright while Sazmining handles deployment, monitoring and maintenance at a US facility. Mining rewards go straight to the owner’s wallet.

The move follows a multi-megawatt supply deal between Sazmining and Proto — the bitcoin mining arm of Jack Dorsey’s Block (NYSE: XYZ) — which both companies expect to expand as demand grows.

“Because of our aligned-incentive model, Sazmining only earns when we produce bitcoin for our clients,” said Kent Halliburton, CEO and co-founder of Sazmining. 

He also pitched mining as a form of bitcoin acquisition diversification: rather than paying the market price on the day of purchase, a miner’s costs are spread across the machine’s working life.

Wyoming-based Sazmining, founded in 2018, operates renewable-powered facilities across the US, Paraguay, and Norway. It says its fleet runs more than 20 percentage points ahead of the Bitcoin network’s carbon-free share.

Proto is Jack Dorsey’s Block’s bitcoin mining play. The Twitter founder has spent years arguing bitcoin is the foundation of “a more open financial system,” funding everything from Cash App’s buy-and-send rails to the Bitkey self-custody wallet, and he framed mining as the obvious missing piece back in 2021: “Bitcoin mining should be as easy as plugging a rig into a power source.” 

Block formally announced it was building an open bitcoin mining system in January 2022, with the stated aim of making mining “more distributed and efficient.”

This post Sazmining Now Sells Jack Dorsey’s Proto Immersion Hashboards  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Sazmining Launches the Wild Sats Club, a Loyalty Program That Discounts Mining Management Fees as Customer Hashrate Grows

Most mining customers pay the same management fee whether they run a quarter of a petahash or twenty-five. The Wild Sats Club ties that fee to the hashrate a customer already runs with Sazmining, and applies the lower rate across their entire fleet, not just to newly purchased machines.

The Phase 1 discount starts at 1.0 PH with a 1% management fee discount, rising to 3% from 2.5 PH and 6% from 5.0 PH, with the tier recalculated every month. A customer activates once with a qualifying purchase from Sazmining that meets the hashrate to activate: 0.25 PH for Bronze, 0.50 PH for Silver, or 1.0 PH for Gold, in a single order or in orders within a 30 day period. New, pre-owned, and refurbished rigs purchased from Sazmining can qualify. Full terms are at https://www.sazmining.com/wildsatsclub/terms

Customers who make a qualifying purchase during the founding-member window, September 1 to December 31, 2026, activate at their full earned tier, with the lower fee starting on their first monthly recalculation after their new hardware is energized. Every benefit at launch is a management fee discount, never cash or transferable value.

“Mining customers have been asked to accept the same fee whether they run a quarter of a petahash or twenty-five,” said Kent Halliburton, CEO and Co-Founder of Sazmining. “This program fixes that. As a customer’s hashrate grows, their cost of having us run it comes down, and it comes down on everything they already own. We are building long-term relationships with our clients, not one-off transactions, which means advising them on what fleet growth can realistically look like against the goals they are actually trying to reach. We expect this program to appeal in particular to the family offices that want Bitcoin exposure with the depreciation benefits of owning the equipment, real estate investors looking to diversify, and the customers who are simply growing one rig at a time. We are looking forward to adapting and evolving the program so that Sazmining customers keep getting the very best product we can build.”

The program is built to keep opening up as customers grow with Sazmining. Further member benefits will be announced as each becomes available.

To learn more about the Wild Sats Club, visit the program page, or book a consultation with one of Sazmining’s Bitcoin Strategy Advisors here. 

Disclaimer: This is a sponsored press release. Readers are encouraged to perform their own due diligence before acting on any information presented in this article.

This post Sazmining Launches the Wild Sats Club, a Loyalty Program That Discounts Mining Management Fees as Customer Hashrate Grows first appeared on Bitcoin Magazine and is written by Bitcoin Magazine.