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Bethesda, MD

Expanding a carbon-free Bitcoin Mining as a Service platform to scale capacity and global reach.

• Proven market traction: 325+ customers, 3,000+ rigs, and operations across three continents.
• Carbon-free operations: 100% renewable-powered mining facilities in multiple countries.
• Aligned incentives: Revenue model based on a share of mining rewards, not equipment markups.
• Scalable infrastructure: Expanding from 11.5 MW to 45 MW of managed capacity.
• Experienced leadership: Team with significant exits and deep expertise in Bitcoin mining and energy.

Sazmining is raising funds to expand its Bitcoin Mining as a Service (BMaaS) platform, which allows customers to own mining rigs, operate them with 100% carbon-free power, and receive Bitcoin directly without custodial intermediaries. Designed to solve the inefficiencies and markups of traditional mining, the platform offers transparent pricing, operational oversight, and the ability for customers to mine Bitcoin below spot price. Since launching its first hydro-powered facility in 2023, Sazmining has grown to over 325 customers across three continents, managing more than 3,000 rigs and nearly 11.5 MW of carbon-free power.

The company’s next phase of growth focuses on scaling capacity to over 45 MW, expanding customer reach to more than 1,000 users, and adding facilities in new global locations. Its business model aligns incentives by earning primarily through a share of mining rewards, complemented by equipment sales and service fees at cost. With proven profitability, a strong leadership team, and industry partnerships, Sazmining is positioned to capture a significant share of the $15 billion Bitcoin mining market. Funds will be used to secure additional renewable energy capacity, enhance its technology platform, and expand marketing to Bitcoin-conscious customers worldwide.

Company Info

Sazmining provides renewable energy–powered hosted bitcoin mining services for individuals and institutions.

Sazmining operates a bitcoin mining platform that enables individuals to participate in cryptocurrency mining without managing physical equipment. The company provides hosted mining services, where customers purchase mining hardware that is then deployed and maintained in Sazmining’s renewable energy–powered facilities. This model allows users to earn bitcoin directly while avoiding the technical complexities and operational challenges of running miners themselves. Sazmining emphasizes environmental responsibility by sourcing energy from hydro, wind, and other renewable sources, aiming to reduce the carbon footprint associated with traditional bitcoin mining operations.

The platform offers a user dashboard to monitor mining performance, track earnings, and manage hardware. Sazmining generates revenue through equipment sales, hosting fees, and maintenance services. By combining accessibility, sustainability, and transparency, the company targets both retail participants and institutional clients interested in gaining exposure to bitcoin mining as an asset class. Positioned within the growing cryptocurrency infrastructure market, Sazmining seeks to bridge the gap between individuals and the industrial-scale mining industry while aligning with global trends toward cleaner energy use.