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

AI summary of the source article

Sazmining has launched a loyalty initiative called the Wild Sats Club, which discounts mining management fees as a customer's hashrate increases. Rather than applying only to newly bought rigs, lower rates extend across a user's entire fleet. Phase 1 provides discounts ranging from 1% for 1.0 petahash up to 6% for 5.0 petahash, recalculated monthly. To activate, customers must purchase qualifying new, pre-owned, or refurbished rigs meeting tier thresholds between 0.25 PH and 1.0 PH. Sazmining aims for the program to serve family offices seeking Bitcoin exposure alongside equipment depreciation benefits, real estate investors, and expanding individual miners.

Why it matters

Sazmining expects the tiered fee reductions to attract family offices seeking Bitcoin exposure with equipment depreciation benefits, as well as real estate investors looking to diversify.

Key facts

• The Wild Sats Club applies fee discounts of 1% at 1.0 PH, 3% at 2.5 PH, and 6% at 5.0 PH across a customer's entire fleet.
• Activation requires qualifying rig purchases of 0.25 PH for Bronze, 0.50 PH for Silver, or 1.0 PH for Gold within 30 days.
• All launch benefits are strictly management fee discounts and do not include cash or transferable value.