Mining Wild Sats With Sazmining - Kent Halliburton - #613

Like, that was massive.

I think we had about 30 people around that table.

[laughs]

Wow.

Uh, yeah.

So long may it last because, y- y- stabilizing the grid, is that still the way that you would approach...

I- if you were sat down in front of an energy company, uh, provider, uh, or those companies that are, you know, controlling the power that is running through our homes, what's the conversation that you generally have with those people?

I, y- to be fair, I've not had one, but it coming from my, my, uh, background in sales, construction, energy, I'd be more prone to ask questions.

You know, the question I would wanna ask and before approaching, yeah, I think what you just said is a, is a great value proposition, but I, I actually just wanna know, hey, what's, what are the major pain points in, in operating the grid here? Because every grid has, has its own unique, uh, color and flavor.

Um, so I'd be curious to hear from them, and then I would try to use that to kind of weave, uh, weave a narrative, whether that's, you know, we can help out with the load management.

Like I was at TEMS, the Texas Energy and Mining Summit last week, and, and somebody was talking about, um, power generation and, and curtailment, uh, in a developing nation.

I- this was in Brazil.

Um, and the, you know, he was used to kind of operating in Texas, right? Where there's curtailment, um, and curtailment meant that y- you know, miners shut off because they need the power out of the grid.

And he was talking to, this fellow was talking to the Brazilian power authorities, and they were saying, "Yeah, w- unfortunately we have curtailment." Um, and, and he dug into that, and it turned out the curtailment was not cutting off load on the grid.

They were literally shutting down the power generators because they, uh, didn't have enough demand on the grid, uh, so they had to just wind down power generation.

That's what they meant when they said curtailment, right? So language is not the same across the board, and, and in that case, Bitcoin mining is great.

Hey, let's just co-locate a bunch of mining rigs with, uh, with your power generation, and we'll absorb the electricity so you never have to shut off your, your power generation, which is quite expensive.

So y- those sort of nuances about what's going on in the local grid, I think is what I'd wanna know in Madeira to understand how Bitcoin mining can, can best serve, 'cause there's a variety of different ways that Bitcoin mining can be positioned from a, a grid standpoint, I think.

Yeah.

Now, before we started, um, chatting, we, we were, like, discussing what you do at SAS Mining, so we'll get into that.

And then, uh, like centralized Bitcoin mining and, uh-

Mm

...

Bitcoin, the larger Bitcoin companies that, uh, are seeing all the new shiny things and, you know, y- your, your thoughts about that.

So but yeah, why don't we...