6.3700° N 57.5200° W · Canje River, Berbice, Guyana

Why We're Mining
Bitcoin With
Sawmill Waste.

A grandfather's sawmill on the Canje River. A biomass gasifier turning wood waste into electricity. ASIC miners converting that electricity into Bitcoin. This is the story — and the math.

Shane Anthony March 2026 12 min read

There's a piece of land on the Canje River in Berbice, Guyana, that has been in one family for generations. In 1979, a man named Kawal Ramessar — joiner, carpenter, PPP freedom fighter — erected a sawmill there. A 65-horsepower Lister diesel engine. Hand-cut tropical hardwood. A family operation built on a riverbank, in a country most investors still can't find on a map.

In 1997, an accident shut the mill down. The engine went quiet. The land sat fallow. Kawal passed in 2016. His last words to his daughter Nirmala were a question:

"Did you abandon your project?"

Kawal Ramessar · 1941–2016

No. We didn't.

01 // the_thesis

Sawmill waste is free energy.

Free energy mines Bitcoin. Bitcoin builds a treasury that no government, no bank, and no landlord can seize.

That's Bitcoin Timber.

02 // biomass_mining

What biomass bitcoin mining actually looks like

Most people hear "Bitcoin mining" and picture a warehouse in Texas humming with machines plugged into the grid. That model works — until your electricity bill eats your margin.

We're doing something different. The sawmill produces waste wood — offcuts, bark, sawdust, slabs. Material that would otherwise rot or burn in an open pile. We feed that waste into a biomass gasifier — the TimberForge TFR-1 reactor — which converts it into synthesis gas through a thermochemical process called pyrolysis.

That syngas runs a generator producing 30 to 50 kilowatts of continuous electricity. Enough to power a fleet of Bitcoin ASIC miners. The energy cost is zero because the fuel is waste we'd have to dispose of anyway.

But it doesn't stop there.

03 // circular_model

Nothing wasted. Everything monetized.

Bitcoin miners produce heat. A lot of it. In a conventional mining operation, that heat is a problem — you spend money on cooling systems to get rid of it.

We capture it. The waste heat from the ASIC fleet feeds directly into the TimberForge TFK-1 kiln, where it dries raw-sawn lumber to export-grade moisture content. Kiln-dried tropical hardwood commands a premium — roughly $2.40 per board foot on the blended CARICOM and US export market.

The Flywheel
Sawmill Waste Biomass Gasifier Electricity Bitcoin Miners Waste Heat Kiln-Dried Lumber Premium Revenue

Every output feeds the next input. The timber operation funds day-to-day costs. The Bitcoin goes to treasury — held, never sold for fiat. The waste that would have been a liability becomes the fuel for the entire system.

This is what a circular economy actually looks like when you strip away the buzzwords.

$0
Energy Cost
90d
Time to Revenue
100K
Board Feet / Year
660TH/s
Launch Hashrate
04 // jurisdiction

Why Guyana. Why now.

Guyana recorded 43.6% GDP growth in 2024 — the fastest-growing economy in the Western Hemisphere. The offshore oil discoveries have transformed the country's trajectory, but the interior regions along the Canje River remain largely undeveloped. That's not a bug. That's the opportunity.

Family-owned land with zero rent
The sawmill site at New Forest, Berbice, sits on land that has been in the Ramessar family for generations. No lease. No landlord. No rent escalation clauses. The land is the moat.
Abundant biomass feedstock
Guyana has one of the highest percentages of forest cover in the world. The timber industry produces massive volumes of waste wood with no productive use. We're turning a disposal problem into a power source.
Low regulatory friction
Guyana doesn't have the adversarial relationship with Bitcoin mining seen in parts of the US, EU, or China. GO-Invest actively courts foreign investment in value-added industries.
Strategic export positioning
CARICOM membership gives preferential trade access across the Caribbean. US market access through established timber channels. Deep-water port access via the Canje and Berbice rivers.
Off-grid independence
We generate our own electricity from waste, on private land, with no utility dependency. Not drawing from a national grid. Not competing with residential consumers. Sovereignty in its most literal form.
05 // seed_round

The numbers.

We're raising $250,000 at a $2.5 million pre-money valuation — 10% equity in Bitcoin Timber International Ltd., a BVI-registered entity (Reg. 2190032) that owns the Guyana operating subsidiary.

The seed round closes June 15, 2026. Minimum investment is $5,000. We accept USD wire or Bitcoin on-chain.

The capital deploys into the gasifier, the sawmill equipment, and the initial ASIC fleet — six Antminer S19 Pro units producing 660 terahashes per second at launch. Phase 2 scales to 1,460 TH/s. Phase 3 targets 2,484 TH/s as biomass capacity expands.

Year 1 projected revenue is $72,000 from combined timber sales and Bitcoin mining output. First revenue hits 90 days from close. The Bitcoin mined goes to treasury under a strict HODL policy — never sold for fiat.

The founder takes zero salary until first revenue. Every sat goes into the build.

06 // origin

This isn't a startup pitch.

There's a version of this story that looks like every other crypto fundraise — a whitepaper, some tokenomics, a roadmap with optimistic dates and vague deliverables.

That's not this.

This is family land. A real sawmill. Real waste wood. A real gasifier converting real biomass into real electricity that powers real miners producing real Bitcoin.

The land doesn't have a lease — it has a lineage. Three generations of the Ramessar family have worked this soil on the Canje River. My grandfather built the first mill with his hands. His daughter Nirmala built Doe Park Eco Lodge on the same property. Now his grandson is wiring the operation into the hardest monetary network ever created.

I wasn't born and raised in Guyana — I was born there in 1989 and immigrated to the US with my mother in 1993. Grew up in Virginia. Built a career in automotive management, from Service Advisor to General Manager. Founded Southern Maryland Bitcoiners. Ran a solo mining rig. Studied every model for stranded energy monetization I could find.

And then I looked at the land my family already owned — with the waste wood, the river access, the zero rent — and the math became undeniable.

07 // team

Who's in the room.

Sulaman Shah
Co-Founder & Mining Lead
B.S. Geography & Environmental Science, UMBC. CEO of Terrapin Crypto Solutions. Former USDA-ARS technician. Eagle Scout. Brings the technical architecture for mining infrastructure and the scientific rigour to build it to last.
Richard Permanand
Logistics & On-Site Ops
On the ground in Guyana. Handles all logistics, heavy equipment operation, and on-site coordination for the sawmill. Local knowledge, proven operator.
Joshua Phelps
Sustainability Lead
Co-Founder of Carbon Country. Integrated agrivoltaics, regenerative agriculture, and biochar systems. Anchors Bitcoin Timber's carbon credit pathway.
08 // next

What happens next.

The seed round closes June 15, 2026. Equipment procurement begins immediately after close. First miners come online in Q3. First timber revenue in Q4. Mining fleet scales through Q1 2027.

We'll be at Bitcoin 2026 in Las Vegas, April 27–29. If you want to talk about this in person, find us there.

If you want to see the data room, the financial model, and the full build log — the investor portal is open. Everything we've done so far is documented publicly, in real time, at bitcointimber.com/progress.

The sawmill is being rebuilt. The gasifier is being built. The miners are being deployed. And every sat mined goes into a treasury that belongs to the next generation of Ramessars — denominated in Bitcoin, rooted in Guyanese soil.

My grandfather's last words were a question.
This is the answer.

Proof of work. Yours.

$250K raise · $2.5M pre-money · 10% equity
Closes June 15, 2026 · $5K minimum

SA
Shane Anthony
Founder & CEO · Bitcoin Timber International Ltd.
← bitcointimber.com