How to Remote Mine Using Renewable Energy
Want to get into cryptocurrency mining but not sure where to start? When starting your own mining farm, you can expect to do a lot of research on configuring your setup. You can also expect some start-up fees. Setting up your farm will involve sorting out electricity/power levels, airflow, noise, infrastructure/storage, miner costs, etc.
There are several remote mining options out there, but today, we’re going to do a deep dive into Sazmining. What makes Sazmining different than other remote mining operations is that they power their miners with renewable energy, which reduces electric costs, and helps increase ROI for their customers.
How it Works
Users can get started with Sazmining now by submitting a $100/per miner deposit to join their waitlist. These deposits are fully refundable, and also give users access to bulk miner orders where users can have access to the best possible mining prices. Signing up for the waitlist also gives you access to the Founder’s exclusive Newsletter and AMAs. Be aware though, according to their website, your selected mining rig(s) and hosting space are only reserved for 48 hours after you are notified. And if you do not complete the purchase within 48 hours, you forfeit your reservation and reservation fee.
Mining rigs are paid for upfront. Right now Sazmining is offering Bitmain S19J Pro ASIC miners for $8,000 each. Each mining rig you purchase will also require regular service fee payments to help cover the cost of energy, hosting, and maintenance costs for your rig(s). The average monthly service fee cost is about $190/month. Users have the option of paying service fees monthly, or all at once.
Based on current projections, Sazmining predicts the mining rigs will be paid off in about 19 months from the time of purchase. This projection can change as market conditions change.
If users wish to sell their mining rigs after they are purchased, Sazmining is able to connect you with potential buyers.
The Timeline
Sazmining plans to launch in September. Users who are on the waitlist will be able to purchase up to five mining rigs using a credit card, BTC, or USDC. Each rig comes with a 1-year manufacturer warranty through Sazmining. Within 24 hours, Sazmining sets up your rig, syncs it to your BTC wallet address, and connects it to your personal dashboard where you can see your earnings and monitor your mining rig performance. Sazmining has integrations with Coinbase, Luxor, and Slushpool.
Renewable Energy Partners & Advisors
Sazmining works with several renewable-powered hosting facilities and is also looking for more partners. If you have at least 5 megawatts of renewable energy capacity and are interested in working with Sazmining, you can contact them here.
Sazmining has a fully doxed team, as well as several key advisors who support its mission. You can find their full team information here.
We have never worked with Sazmining before, but they have been featured in several news outlets, including:
- CoinTelegraph — Sazming CEO wrote If you have a Bitcoin miner, turn it on
- BusinessWire — Sazmining Inc. Optimizes Mining Efficiency Ahead of Bitcoin Halving
- Altenergymag.com — Bitcoin Mining and Energy Production
- Bitcoin Magazine — Bitcoin Conference Pitch Day Builds the Next Generation of BTC Startups
Make sure to do your own research before paying any company for third-party miner hosting. Purchasing cryptocurrency miners are a risk, and miner prices can still lag behind market conditions.
Check out Sazmining:
Website: https://sazmining.com/
Twitter: https://twitter.com/sazmining
LinkedIn: https://www.linkedin.com/company/sazmining/
Medium: https://medium.com/sazmining
Thanks to Sazmining for sponsoring this article. This is not financial advice. Please do your own research before investing. Subscribe to the VoskCoin YouTube Channel to stay up to date on the latest cryptocurrency and mining news and reviews.
