Nostr Web Client

nostr:npub10vkwadgkfkg9vzpe04a6rhpzrd8rlw0r84qelag5hgtycrykgz3qvty3ep

Hello!

I am keen to dip my toes in the water but I can’t find any information on your website or T&C’s for the following questions:

When does Sazmining determine that an ASIC is ‘unprofitable’ or not fit for mining? What happens to the ASIC in this scenario?

When an ASIC has completed 2-3 years of service and has fulfilled its contractual obligations (no early termination) will Sazmining purchase the ASIC back guaranteed? Or can I sell it to another Sazmining customer at a heavy discount?

Love your work and good luck with the capital raise! :)

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Discussion

Sazmining 5mo ago

Hey there!

You're right - we don't have this info on our website and will look at adding it.

In the meantime, we'll tag nostr:npub16lhv8arw2xhq537haz4hmw2u0k9y5veurshhystf22kz9hv0sxyqlwp536 here to try and answer some questions 👍

Kent Halliburton 5mo ago

Hey nostr:npub1qkt7q2p3z953j5jkv9hx3gx7x5ma9dpd8t8atnrr3gzd4ghhywmqafltxr - since clients pay for their power, they’re the ones who determine when it’s not profitable to continue and choose to resell to other clients on our bulletin board or retire their equipment. The service agreement is for a one year term — we have purchased a few rigs from clients but it’s not something we can guarantee.

It’s on the roadmap to bring a full scale marketplace onto our platform, but we need more resources to get there — which is part of the motivation to raise!

The Bulgarian Pork Whistle 4mo ago

Appreciate you getting back to me and I appreciate the transparency :) Thank you! 🙏