Sazmining

Buying Bitcoin is buying eggs. Mining it is owning the farm. @khalliburton explains why the coin you produce beats the coin you purchase. Kent's thesis: Bitcoin isn't one zero-to-one innovation. It's two. The second is a decentralized money printer, and with hardware, electricity, and an internet connection, anyone anywhere can print their own. The man who runs a mining company on three continents came on to explain why the day we became buyers instead of miners is the root of the centralization we're still untangling. @khalliburton, CEO and co-founder of @sazmining, a former solar and distributed-energy operator who found Bitcoin among the unbanked in Peru's Sacred Valley, joins me to lay out the case for mining your own Bitcoin in plain English: what "wild sats" are and why they're better Bitcoin, the difference between a real miner and a "hasher," how anyone can mine from home for about $5K to start, the tax write-off fueling US demand, why nation-states are now mining for sanctions immunity, the right to transact as a human right, and why he calls all of it hash punk. Send this to anyone who thinks the only way to get Bitcoin is to buy it. TIMESTAMPS: 0:00 "You get better Bitcoin when you mine it" (cold open) 1:41 Meet Kent Halliburton & Sazmining 2:23 Cranberry farms & a low-time-preference childhood 9:35 Solar, peak oil & his first taste of sovereignty 12:35 Why rooftop solar is secretly Bitcoin mining 17:44 The walkabout: around the world with no plan 21:58 Finding Bitcoin in the Sacred Valley (2015) 23:13 What the unbanked world taught him 29:34 From shitcoins to "Coinbase for mining" 33:59 Why mine instead of just buy? 34:12 Wild sats: Bitcoin straight off the protocol 35:42 How mining with Sazmining actually works 37:16 Which rig? What it costs to start ($5K) 41:03 The tax write-off fueling US demand 43:09 The math: a 12% discount on every sat 46:11 The miner's trilemma: buy when it hurts 48:26 The "can't pay your bill?" hashrate toggle 51:16 Is AI killing Bitcoin mining? 53:18 Nation-states mining for sanctions immunity 56:00 Mining the Texas grid & a wind farm 58:39 The 2013 split that broke Bitcoin mining 1:01:16 Centralization, Bitmain & the fiat miners 1:04:33 Are you a miner, or just a hasher? 1:09:35 Wild vs. custodial: the coin no one touches 1:14:02 The scariest bear market in hashrate 1:16:11 Life in the high Amazon 1:25:06 The right to transact should be a human right 1:28:02 Orange-pilling his wife (& Greta Thunberg?) 1:31:24 Rage against the machine: parenting & angst 1:36:45 Where to find Kent + $100 off your rig 1:38:43 Bitcoin against the machine: hash punk 1:40:39 Outro 🎧 youtube.com/watch?v=6l6TKE…

Kent Halliburton on why Bitcoin isn't one innovation, but two: "The decentralized ledger is what we spend a lot of our time talking about — the ability to transact permissionlessly, uncensorable, across any place on the planet. But that's only one side of the coin. The other side is a decentralized money printer through Bitcoin mining. If you have hardware, electricity, and an internet connection, I don't care who you are or where you are — you can print your own Bitcoin. The ability to have a decentralized money printer is something that lets our humanity escape something we've been constrained by for 5,000 years. That, to me, is hash punk. And if we as a community embraced more of the hash punk aspect of our ecosystem, I think we'd be a lot healthier." @khalliburton of @sazmining on The @_BitcoinMatrix #282.

BIP-110 block mined by @sazmining - Cheers @khalliburton!

MUST WATCH 🚨 "Anybody, anywhere can print their own Bitcoin." - @khalliburton @_BitcoinMatrix Episode #282: Hash Punk is out now.

Bitcoin capital is finally being put to work. Our latest Mezzamine vault with @sazmining just filled, generating 9% APY from real Bitcoin mining. Another vault opens soon. The last one filled fast. This one won't stay open long. DM us for access.

The latest episode of Once Bitten has just dropped. @khalliburton joins me to talk cranberries, solar energy malinvestment and Plebs Mining Wild Sats with @sazmining In that order ;) fountain.fm/episode/ZN0SsY…

CONGRATS to our winners! 🎉 1 - @WillCook4Sats 2 - @equinomix 3 - @Crystamped 4 - @StackSats365 5 - @thevwake 6 - @guilledelperu 7 - @planbits We'll DM you for your wallet address and send you 11K sats ASAP 😎

🎰 7K FOLLOWER GIVEAWAY! 🎰 We just hit 7K followers, so we’re giving away 11,000 sats to 7 people 😎 To enter: ✅ Follow @Sazmining ♻️ Like + repost 🤝 Tag a friend (or two) who should be stacking wild sats And if we hit 8K… We’re just gonna hafta do it again! 🎉⚡⛏️