Sazmining announced that it will sell Proto immersion hashboards directly to both retail and institutional miners, expanding access to a hardware model previously limited to large-scale operators.
Direct-to-Customer Hardware Offering
The company’s mining-as-a-service (MaaS) platform now lists the immersion boards, each capable of roughly 200 terahashes per second while consuming about 15 joules per terahash. Buyers retain full ownership of the equipment, while Sazmining manages installation, real-time monitoring and ongoing upkeep at a United States-based data center. Mining rewards generated by the hardware are transferred straight to the purchaser’s wallet, eliminating the need for third-party payout schemes.
Partnership Foundations
The rollout follows a multi-megawatt supply agreement between Sazmining and Proto, the bitcoin mining division of Block, the company founded by Twitter co-founder Jack Dorsey. Both parties anticipate expanding the arrangement as demand for efficient mining capacity rises. Sazmining’s CEO Kent Halliburton highlighted the firm’s “aligned-incentive model,” noting that the company only earns fees when it successfully mines bitcoin on behalf of its clients.
Business Model Rationale
Halliburton positioned the service as a diversification strategy for acquiring bitcoin. Rather than purchasing the cryptocurrency at spot price, miners spread their expense over the operational lifespan of the hardware, effectively converting mining costs into a form of dollar-cost averaging. The model also allows participants to benefit from Sazmining’s renewable-energy-powered facilities located in the United States, Paraguay and Norway, which the firm claims operate well above the network’s average carbon-free share.
Technical and Environmental Context
Proto’s immersion technology aims to improve efficiency by submerging hashboards in a thermally conductive liquid, achieving the 15 J/TH figure cited. This efficiency aligns with Block’s broader vision, first publicized in early 2022, to make bitcoin mining more distributed and less energy-intensive. Sazmining’s renewable-focused operations further reinforce this narrative, offering a greener alternative to traditional mining setups.
Why it matters
Opening direct sales of high-efficiency hashboards lowers the entry threshold for smaller miners and diversifies the pool of participants in bitcoin’s consensus process. By coupling hardware ownership with a managed service that guarantees performance and sustainability, Sazmining could accelerate the shift toward more decentralized and environmentally conscious mining. The partnership also showcases how legacy tech entrepreneurs are leveraging their influence to reshape the infrastructure of the world’s leading cryptocurrency.
