Thank you for following our campaign and joining us in this Equity Raise. As there are less than 12 hours before our campaign ends, I wanted to share with you some pictures the Sazmining team received from Kent and Logan, who are currently in Paraguay visiting the location of our next facility.

The Itaipú Dam:

Kent Halliburton, President & COO, and Logan O'Neil, Head of Mining Operations

A substation erected for the facility

Kent vetting a meter at the bitcoin mining facility

Another angle of the second most powerful dam on the planet. This will be powering Sazmining's customers' rigs.

We're feeling optimistic and positive about where Sazmining is headed. Thank you for following our journey so far.

As I have previously mentioned in an update, this is our last public equity raise, and hence the last chance to own shares in Sazmining. Our business model is aligned with making sure we only profit when our customers do, and we're striving towards making greener, cleaner bitcoin mining accessible to retail investors.

Thank you for following our journey this far into the campaign. There are less than 12 hours to go to become a shareholder in Sazmining. 🌿⛏

Sincerely,

Will

I have some great news for you! Sazmining has partnered with 2 notable forces for good in the bitcoin space.

The first one is The Progressive Bitcoiners Podcast.

Started by Mark Stephany in December 2021, the intention of the podcast was to give a voice to the individuals and communities who have used Bitcoin to foster positive changes for personal, social, and environmental issues. After running the podcast for almost a year, Mark decided to take a step back. 6 months later, Trey Walsh, a Sazmining investor and miner, took the reigns to continue the success of Mark's mission with the podcast.

Trey held the position of senior director for youth programs at the MassHire Metro North Workforce Board in Somerville, Massachusetts, a 501(c)(3) nonprofit whose mission is to develop partnerships, generate resources and advocate for workforce solutions that result in a skilled workforce, prospering businesses and equitable access to meaningful career pathways and quality employment for residents.

In the next chapter of his life, he will be dedicating his time and efforts to Bitcoin initiatives. Trey has written articles for Bitcoin Magazine and has been interviewed on What Bitcoin Did - Why Progressives Need Bitcoin.

We're thrilled to partner with Trey and The Progressive Bitcoiner Podcast. 🤝

The second partnership that we've made is with the Orange Pill App. 

The Orange Pill App, aka OPA, has an incredible mission - to connect the next 10M Bitcoiners. Their advisors include Natalie Brunell (Host of Coin Stories Podcast, Emmy Awarded Journalist), BTC Sessions (Host of the BTC Sessions on YouTube), Knut Svanholm (Bitcoin Author, Philosopher), Daniel Prince (Host of Once Bitten Podcast, Author), Joe Hall (Reporter Cointelegraph), Niko Laamanen (Educator, Founder Konsensus Network), and Sean Yeager (Business developer NYDIG).

The OPA is the best way to connect with bitcoiners in your area and find local bitcoin meetups and events. Since Sazmining has partnered with the OPA, their userbase of 5000+ bitcoiners now has direct access to us. 🔥

The excitement at Sazmining doesn't end here. Kent and Logan, key players in Sazmining's mining operations, are currently in Paraguay doing a site visit at the location of our next bitcoin mining facility. They have sent in incredible pictures of the Itaipu Dam, the world's 2nd largest dam and power generator in the world.

Stay tuned to tomorrow's update where I will share more pictures of Sazminin's second facility. This will be the location that houses our customers' rigs hydropowered by the Itaipu Dam.

Here's to mining bitcoin with 100% renewable energy and making the shift towards clean bitcoin mining.

Sincerely,

Will

Sazmining is committed to ensuring maximum uptime for our customers. This metric is crucial for us to uphold, not simply for customer success, but also because it's the only way we make money. By aligning our incentives with those of our customers, we're creating a scenario where we win ONLY when our customer wins.

On that note, here is a recent review of a customer shared on Trustpilot:

*This testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.

This not only confirms that our customers are satisfied mining with us, but also that they are noticing the values upon which we're building our business.

Sazmining is making it possible for retail investors to mine bitcoin without the hassle of setting it up themselves in their homes.

Why is this detail important?

Because Bitcoin is alive and thriving. When you're already DCAing into Bitcoin and want to go one step further, you naturally want to own a mining rig and receive BTC directly from the pool. As the number of people that own bitcoin increases, so will the number of people that want to mine bitcoin - and we're providing that service, fuelled by 100% renewable energy.

This is the last time we will ever hold an equity raise for the public. If our business model resonates with your values, there are only 2 days left before our campaign ends.

Here's to making turnkey bitcoin mining with renewables easy and accessible to the next million bitcoiners. 🍾

Sincerely,

Will

In this update, I wanted to tell you a little bit more about our 2nd facility in Paraguay and the positive impact it will have on the economy. I'm going to tell you about the story behind the Itaipu Dam. With our bitcoin mining facility, we would be turning energy surplus into an economic miracle, and here's how.

The story begins about 20 years back when Brazil and Paraguay agreed to construct the Itaipu Dam. It's a powerhouse, generating a mammoth 14 gigawatts. Brazil footed the bill, and Paraguay ended up with more electricity than it could handle. With no infrastructure to absorb it, Paraguay began selling its excess power to Brazil at a loss.

The bitcoin mining industry saw this problem as an opportunity. What once was a loss has now turned into a source of profit. Politicians and the local power provider, ANDE, are all happily trading electricity for Bitcoin. It's not just profit - we're building a better future. We're erecting substations that will outlive Bitcoin mining and serve the people for generations.

At Sazmining, we've made connections and brokered deals that put us ahead in this electrifying game. Our Latin American ties give us an edge, helping us to understand and navigate this dynamic terrain. We're the frontier miners of the digital age, harnessing untapped resources, and sharing the gold rush with anyone wanting to jump on board.

If you've been waiting for the best chance to not only mine Bitcoin, but also help make a difference in the Paraguayan economy, the moment has arrived.

There are only 3 days left to invest in Sazmining through the StartEngine Campaign. As I mentioned in my last update, it is unlikely we will hold another public round for an equity fundraise. If our business incentives align with yours - this is your last chance to own shares in Sazmining.

Here's to creating better economies and making renewable bitcoin mining accessible to retail investors. 🌿

Sincerely,

Will

There are only 7 days left on our Equity Crowdfund. As I say this, I want to stress on the fact that the Sazmining team will likley never hold another Equity Crowdfund again. This means this is your last chance to own a piece of Sazmining in a public fundraising round by purchasing shares on StartEngine.

In this update, I hope to make you aware of how Sazmining sets itself apart from other hosted bitcoin mining providers. There are 3 key differentiating factors:

1. Sazmining is Behind the Meter

Similar to the heatwave that impacted millions of residents in Texas last year, the rise in temperatures this year is causing bitcoin miners to shut down and redirect the power they would usually use to mine bitcoin back to the grid. Now, this is a feature of bitcoin mining as it able to redirect power back to the grid when needed. How Sazmining differs from this approach is that we're NOT on the grid, we're right at the source of the power, i.e. we're behind the grid.

This doesn't mean it's bad for the grid, or that we're taking away from people who would otherwise have benefited from it. Transporting power from the power source to various locations in itself results in a loss of energy.

But what this means for our clients is maximum uptime since we're not subject to the rules that the grid places on facilities that are in front of the meter.

If you have been mining bitcoin, you understand the importance of having as close to 100% uptime as possible. With Sazmining, that is exactly what you get.

2. Sazmining's Incentives Align with Customers'

To put simply, we only make money when our customers make money.

We don't charge a markup on the rigs that we sell to our customers, we don't markup hosting costs, and overall, we don't charge anything extra on top of what we need to pay in order to set up customer rigs in our facility. The only way we make money is when our customers earn rewards from their miners.

At our Paraguay facility, we are offering a $0.047 / kWh hosting rate at a 15% bitcoin rewards share. That is the only amount we charge for providing our services. By aligning our incentives to make money in such a way that we only win when our customers win, we're ensuring we do the best we possibly can to keep our customers' rigs running.

3. Onsite Maintainance and Repairs included in Hosting Cost

This one is probably the most relatable for home miners. If your miner stops hashing, you'd need to pull your rig, diagnose/order parts, wait until it arrives, and then replace it. Depending on if you can repair it yourself or not, the cost of something like this can go anywhere from $15 to $400, depending on the availability of the part and the extent of the repair.

Our Wisconsin facility houses 100s of miners and our Paraguay facility will house 1000s. The hosting fee at both facilities covers full-service, white-glove hosting, which includes the cost of maintaining and repairing customers' rigs. This means customers don't have to foot any surprise bills for unexpected repairs.

Since Sazmining only makes money when the customer does, we're incentivized to optimize the mining environment for maximum efficiency and longevity of the miners as well as make sure any underperforming rigs that need maintenance are looked after promptly.

With Sazmining's business model, we're putting the customer first at all costs. If our values align with the business goals you have set for your investments, this is your last chance to get in on our equity fundraise.

Here's to providing a seamless and hassle-free hosted bitcoin mining experience to Sazmining customers. 🥂

Sincerely,

Will

With only 10 days left on our StartEngine Campaign, I wanted to make this update about all of the moving parts here at Sazmining. We will not be extending this campaign again, so before we get to the very end, here are some updates and ways to follow our progress after this campaign ends.

1. Paraguay Site Visit

Later this month, Kent Halliburton and Logan O'Neil, who have been championing due diligence for our second bitcoin mining facility in Paraguay, will be making an on-site visit. This is a crucial step in the process of dotting the i's and crossing the t's before our site goes live in a couple of months' time. We will be sharing pictures and videos of the site visit on all our social channels so be sure to follow us on LinkedIn and Twitter to stay updated.

2. Regular Webinars

The webinar held yesterday was well attended and we were asked some great questions from the audience. This reinforced the fact that our target audience wants more face-to-face interaction with the Sazmining team, and we're doing just that. Inspired by the book "Expert Secrets" authored by Russell Brunson, we're planning a series of webinars where our audience gets to interact with us directly. In addition to our podcast and weekly twitter spaces, we're confident this will boost our signal in the market.

3. Podcast and Twitter Spaces

Lastly, we host a weekly twitter space and are currently uploading podcasts per week on my youtube channel - Saz Stories with William Szamosszegi. This weekly engagement with our audience not only benefits them by spreading education on bitcoin and bitcoin mining, but also gives them an opportunity to ask us questions in real-time.

We're moving onwards and upwards. Thank you for being part of our journey. 

Here's to being the only company making green bitcoin mining accessible to retail investors. ⛏🌿

Sincerely,

Will

Cryptocurrency Exchanges have played a pivotal role as an on-ramp for many retail investors. Buying bitcoin and other cryptocurrencies on an exchange is still known to some as the only way to buy bitcoin. Yes, there are definitely multiple other ways like buying bitcoin at an ATM, earning bitcoin by working at a bitcoin-based company, receiving bitcoin as a gift at a local bitcoin meetup. However, most of these apply to a very small subset of the population.

I'd like to make myself clear by stating that I am, in no way, diminishing the importance of Exchanges. But keeping in touch with reality begs to make oneself aware that Exchanges can be:

- hacked

- shut down, or

- banned based on jurisdiction

and just like that, you could lose your primary on-ramp into buying bitcoin.

But we have a solution. An alternative to exchanges for acquiring bitcoin. 

Join Kent Halliburton, Sazmining's President and COO, at tomorrow's webinar at 2:00pm ET to learn about all the ways Sazmining proves to be the best solution for bitcoin acquisition.

Bonus: 1 lucky attendee gets a guaranteed slot at our Paraguay facility.

Register for the webinar here - https://my.demio.com/ref/Dvks3rrG0Rnhd81a

Sincerely,

Will

As we near the end of our Equity Fundraise, now is a great time to highlight Sazmining's accomplishment of major milestones:

1️⃣ Successful Launch of our First Bitcoin Mining Facility in Wisconsin:

We successfully filled our first facility in Wisconsin within 3 months of launching. This facility hosts 350 customer rigs and is mining on 100% hydropower. This milestone was significant for Sazmining since:

• It proved our business model works
• It proved that there was demand for hosted bitcoin mining with renewables, despite it being the bear market
• It proved the successful functioning of the Sazmining Dashboard - our proprietary customer-facing software to monitor rig performance

2️⃣ Renewable Energy Expansion in Paraguay:

We are actively working on securing hosting capacity of up to 5MW in Paraguay. This strategic move not only reinforces our commitment to sustainable bitcoin mining but also ensures more opportunities for retail investors to host their rigs with us.

At this facility, we're also offering 2 different types of rigs, following customer feedback. This is a step up from the rigs we were able to offer at our Wisconsin facility since it gives our customers the option to choose between 2 different hashrates. The fact that customers are purchasing both types of rigs provides further evidence that we made the correct decision.

Our announcement of the Paraguay facility was met with much celebration on Twitter:

3️⃣ Sazmining's Revenue since Launch:

Since our launch, we have achieved remarkable sales growth, with total sales reaching an impressive $718K. This success reflects the trust and confidence our clients have placed in us to deliver high-quality mining solutions.

(source)

*This testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.

4️⃣ Monthly Recurring Revenue (MRR):

Currently, we generate a robust Monthly Recurring Revenue (MRR) of $66K. This consistent stream of revenue highlights the long-term value we provide to our customers and solidifies our position in the bitcoin mining industry.

With these milestones and achievements under our belt, we are more determined than ever to drive innovation, promote sustainability, and empower individuals to sustainably mine bitcoin from any corner of the world.

Here's to pushing boundaries, exploring new opportunities, and shaping the future of green bitcoin mining. 🌿⛏

Sincerely,

Will

Bitcoin mining is too complicated and costly for billions of people around the world. It is also notoriously energy-intensive, for good reason, and critics point to its carbon footprint.

This has been the problem we set out to solve from the very beginning - by asking ourselves the question - how do we make it accessible for retail investors to mine Bitcoin with renewables?

Sazmining solves all of these issues in one fell swoop. 

We manage 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. What's even better is that, as we set out to solve this challenge, we found ourselves solving another - bitcoin acquisition without signing up on an Exchange.

With Binance and Coinbase coming under the scrutiny of the SEC, what's going to be the next alternative for steady, volatile free Bitcoin acquisition? 

We know the answer.

Join Sazmining next Thursday, June 15th, at 2:00pm ET to get the full scope of how we're certain we're in the best position to serve the Bitcoin industry. Register for the webinar here - https://my.demio.com/ref/Dvks3rrG0Rnhd81a

Here's to being the only company providing a green alternative to Bitcoin acquisition. 🌿

Sincerely,

Will

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