How Bitcoin Mining Benefits Local Energy Economies

Kent Halliburton, co-founder and CEO of Saz Mining, discusses how his background in residential solar, software and computer engineering ultimately led him to bitcoin mining, why hydro which powers all four of Saz’s sites (each on a different continent) is such an efficient underlying source of fuel, the role bitcoiners will naturally need to play in decentralizing mining away from fiat-minded businesses, and how the hosting model with individuals or principals directly owning miners is the best way to align economic incentives, despite challenges any individual hosting company might have had in the past.