Sazmining

Update on my @sazmining hosted rigs: Currently have two rigs with about 511 TH/S. I have received 2.3M sats and have 798K pending. Electric bill is ~$300/mo They are also signaling BIP-110 (they just added the little graphic beside "Mining Rigs") So far so good!

Congrats! @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.