Home›Crypto›Market Structure›Sazmining launches Wild Sats Club to cut management fe…

Sazmining launches Wild Sats Club to cut management fees as hashrate grows

The loyalty program has four tiers, with discounts starting at 1% for customers with 1.0 PH under management and rising to 6% at 5.0 PH, applied across a customer’s entire fleet.

Reported · Written up by our desk · Market Structure

Bitcoin Mining as a Service provider Sazmining launched the Wild Sats Club, a loyalty program that discounts mining management fees based on a customer’s hashrate, Bitcoin Magazine reports.

The program is open to existing and new customers starting today and uses a four tier structure that lowers the management fee as petahash under management grows, with the reduced rate applied across the customer’s entire fleet rather than only new machines.

According to the press release, Phase 1 begins at 1.0 PH with a 1% management fee discount, then increases to a 3% discount at 2.5 PH and a 6% discount at 5.0 PH.

Sazmining also said the tier discounts are recalculated as a customer’s hashrate changes, tying pricing directly to the mining performance under management.

Latest closeBitcoin $85,454.91 ▲2.3%

More like this

Sources