Sazmining

Early Stage

Clean Bitcoin Mining

Overview

Raised to Date: Raised: $148,214

Total Commitments ($USD)

Platform

StartEngine

Start Date

02/13/2023

Close Date

05/11/2023

Min. Goal

$15,000

Max. Goal

$1,234,989

Min. Investment

$354

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$13.10

Pre-Money Valuation

$19,996,888

Rolling Commitments ($USD)

Status

Active

Reporting Date

03/23/2023

Days Remaining

49

% of Min. Goal

988%

% of Max. Goal

12%

Likelihood of Max
unlikely
Avg. Daily Raise

$3,900

# of Investors

46

Momentum
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Year Founded

2018

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2C

Margin

High

Capital Intensity

High

Location

Bethesda, Maryland

Business Type

Growth

Company Website

Sazmining, with a valuation of $20 million, is raising funds on StartEngine. The company purchases rigs and mines Bitcoin for its customers, making the process easy and manageable. The business manages the entire mining process while the customers do not have to do anything to get Bitcoin directly into their wallets. Sazmining also aggregates the purchasing power of its customers and lowers the financial barriers. William Szamosszegi founded Sazmining in May 2018. The current crowdfunding campaign has a minimum target of $14,999.50 and a maximum target of $1.23 million. The campaign proceeds will be used for research and development and working capital.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$397,107

$34,638

COGS

$19,202

$15,330

Tax

$0

$0

 

 

Net Income

$-73,064

$-98,714

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$60,030

$39,476

Accounts Receivable

$0

$1,200

Total Assets

$60,030

$40,676

Short-Term Debt

$10,401

$0

Long-Term Debt

$3,928

$3,790

Total Liabilities

$14,329

$3,790
Financials as of: 02/13/2023
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Sazmining on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $19,996,888

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