Investor Presentation — March 2026

Prepared for Matthias Frandsen

NEW MINING

U.S.-Based ASIC Mining Hosting
North Dakota & Minnesota

new-mining.co

new-mining.co Confidential — March 2026

02

About Us

Turnkey ASIC mining hosting across the northern U.S.
5 operational sites in North Dakota & Minnesota
30 MW+ combined electrical capacity
24/7 monitoring, passive cooling systems
UL-certified mining containers

Mining containers with power transformer

Mining containers & power delivery

new-mining.co Confidential — March 2026

03

Market Opportunity

“Buy when there is blood in the streets.”

ASIC equipment prices at historic lows — up to 60% below peak
Market downturn = optimal deployment window
Hosting capacity consolidating among top operators
Difficulty growth slowing — favorable unit economics

BEST TIME TO DEPLOY

Lowest cost basis since 2020

Market Indicators

ASIC Prices

-60%

Hosting Capacity

-40%

Difficulty Growth

-25%

Operational mining facility

new-mining.co Confidential — March 2026

04

Option A: All Equipment

$10M

100% allocated to ASIC miners

3,000

Antminer S21 XP units @ ~$3,333 each

~11 MW

Total power consumption

$0.065

/kWh — all-inclusive hosting rate

ASIC miners running with indicator lights

Annual Mining (BTC ~$85K)

Revenue / miner $8/day = $2,920/yr

Electricity / miner 3.58 kW × $0.065 = $2,039/yr

Net / miner / yr ~$881

2-Year Exit Model (sell equip. at 2x)

2-year mining net $2.6M × 2 = $5.3M

Equipment sale (2x) 3,000 × $6.7K = $20M

Total 2-year return $25.3M

Net profit on $10M +$15.3M (153% ROI)

new-mining.co Confidential — March 2026

05

Option B: Equipment + Infrastructure

$7.5M

75% to ASIC miners

$2.5M

25% to transformers, cables, containers

2,250

Antminer S21 XP units @ ~$3,333 each

$0.049

/kWh — reduced hosting rate

Annual Mining (BTC ~$85K)

Revenue / miner $8/day = $2,920/yr

Electricity / miner 3.58 kW × $0.049 = $1,537/yr

Net / miner / yr ~$1,383 +57% vs A

2-Year Exit Model (sell equip. at 2x)

2-year mining net $3.1M × 2 = $6.2M

Equipment sale (2x) 2,250 × $6.7K = $15M

Infrastructure (+50%) $2.5M → $3.75M

Total 2-year return $25M

Net profit on $10M +$15M (150% ROI)

new-mining.co Confidential — March 2026

06

Investment Comparison

Metric	Option A	Option B
Investment	$10M equipment	$7.5M equip + $2.5M infra
Miners	3,000 S21 XP	2,250 S21 XP
Hosting Rate	$0.065/kWh	$0.049/kWh
Net / Miner / yr	$881	$1,383
Annual Net	~$2.6M	~$3.1M
2-yr Mining Net	$5.3M	$6.2M
Equip. Sale (2x)	$20M	$15M
Infra Value (+50%)	—	$3.75M
Total 2-yr Return	$25.3M	$25M

2-Year Total Return

$25.3M

Option A

$25M

Option B

OPTION A — MAX UPSIDE

More miners = higher exit value if equipment prices rise beyond 2x. Pure hosting model with no infrastructure obligations. Best for aggressive bull market bets.

OPTION B — DOWNSIDE PROTECTION

Own infrastructure shields from hosting rate volatility. Higher cash flow per miner ($1,383 vs $881). Tangible asset base even if equipment depreciates.

new-mining.co Confidential — March 2026

07

● North Dakota

Grand Forks

6x Upstream Data 20" mining containers
Fully operational & UL certified
Snow protection enclosures installed
Dedicated power infrastructure
24/7 remote monitoring active

OPERATIONAL

Fully deployed & generating revenue

Grand Forks, ND — Facility Panorama

new-mining.co Confidential — March 2026

08

● Minnesota

Moorhead

4x mining containers deployed
Running & fully operational
LAN connected, centralized management
Stable grid connection with redundancy
Optimized airflow & passive cooling

OPERATIONAL

Stable production since deployment

Moorhead, MN — Facility Panorama

new-mining.co Confidential — March 2026

09

● Minnesota

Bemidji

Scribner Site

6x passive-cooled mining containers
240 ASIC slots per container
Single phase PDU infrastructure
Fully operational

Puposky Site

4 MW capacity available
C19 cable infrastructure
Passive cooling design
Expansion-ready

2 SITES — 4 MW+ CAPACITY

Passive cooling • 240 slots/container • C19 cables

new-mining.co Confidential — March 2026

10

● North Dakota

Langdon

10–15 MW capacity available
3-month build timeline from commitment
95% target uptime SLA
Dedicated substation on-site
Land available for expansion

EXPANSION READY

10–15 MW • 3-month build • 95% uptime

new-mining.co Confidential — March 2026

11

Infrastructure

Custom-built mining containers — UL certified
Passive cooling systems for northern climates
Dedicated substations per site
Redundant network connectivity
24/7 remote monitoring & alerting
Rapid deployment — plug-and-play design

new-mining.co Confidential — March 2026

12

Investment Structure

$10M Total Commitment

$5M

Upfront — at signing

$5M

Deployed over 3 months

$10M

Total investment

Deployment Timeline

Signing$5M upfront

Month 1Equipment orders

Month 2Installation begins

Month 3Full deployment

Month 4+Revenue generation

Structured deployment minimizes risk • Phased capital allocation • Revenue within 90 days

new-mining.co Confidential — March 2026

13

Why ND & MN

Strategic advantages of the northern U.S.

⚡

Low Energy

Among the lowest electricity rates in the U.S. — critical for mining margins

❄

Cold Climate

Natural cooling 8+ months/year reduces OPEX & extends hardware life

⚗

Grid Capacity

Abundant grid capacity with minimal congestion — reliable 24/7 power

🏢

Pro-Business

Favorable regulatory environment, low taxes, streamlined permitting

🔒

Security

Low crime, rural locations, dedicated facilities with 24/7 monitoring

🇺🇸

U.S. Jurisdiction

Full legal protection, transparent operations, institutional-grade compliance

new-mining.co Confidential — March 2026

14

Next Steps

LET'S BUILD

Secure your position in U.S.-based mining infrastructure.
Let's discuss the right option for your portfolio.

Visit new-mining.co →

Contact Us

info@new-mining.co • new-mining.co

NEW MINING — Powering the future of Bitcoin

new-mining.co Confidential — March 2026