Paraguay's Government Seized Mining Rigs... Then Plugged Them In w/ Kent Halliburton
Show Notes
🔗 Kent Halliburton:
Website: https://sazmining.comX (Twitter): https://x.com/khalliburtonLinkedIn: https://linkedin.com/in/khalliburton
In this episode of HashrateUp, Jesse sits down with Kent Halliburton, CEO & Co-Founder of Sazmining, to break down what it actually looks like to mine Bitcoin across five sites on four continents.
Kent walks through Sazmining's journey from a single-megawatt proof of concept in Wisconsin to operating 17.5 MW across Paraguay, Norway, Ethiopia, South Dakota and an upcoming Texas site. They discuss how AI data center demand is reshaping rack space availability, why Sazmining's 15% revenue share model becomes especially attractive during bear markets, and how jurisdictional diversification is the only real hedge when no country is truly safe for mining.
The conversation gets into the realities on the ground: Paraguay's regulatory standoff and the government now mining confiscated rigs, Ethiopia's threatened power price hike that hasn't materialized, Norway's heat reuse operation in the Arctic Circle, and why enterprise buyers are loading up while retail sits on the sidelines.
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