chinense How to preserve Bhut Jolokia and Carolina Reaper

Hi, I have a question.  I have an extreme over abundance of Bhut Jolokia and Carolina Reaper peppers.  What would be the best way to preserve these peppers for future use?  
 
Thank you everyone for your responses.  
 
So if I freeze them they will be mushy when they thaw out?  Also if I deseed them will that make them less hot? 
 
Can someone explain to me the proper way to dry them out?  I have tried googling it but i have been finding out there are multiple ways to dry peppers.  I just want to make sure that I preserve them the best I can.  
 
What about just blending them up and putting the material in small containers in the freezer? It should be ready to go for sauces or in foods. If the structure of the fresh peppers degrade anyway, wouldn't that be just as good and take up less space?
 
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