2025-06-09T14:46:06Z https://njump.me DataFlex https://njump.me/npub1sv5m5veddq306xfwxrs8slxj38vt3u4vsm8dm6ljcnpnhm93jtpq68xga9 https://blossom.primal.net/0ef6948f548d9e2abc8edb08627704a0f585320b4c4e07b2782835008b7a2bec.jpg https://blossom.primal.net/0ef6948f548d9e2abc8edb08627704a0f585320b4c4e07b2782835008b7a2bec.jpg https://njump.me/nevent1qqs0wg89qqmw64uzppw9vlhpt0c62wwwpsuw4sfvy0farl02aew0fxszyzpjnw3n945z9lge9ccwq7ru62ya3w8j4jrvah0t7tzvxwlvkxfvyjh9eew I can vouche. This was a fantastic room to explore the bleeding edge of where this industry is now and where it is going. Accessible conversations abounded among people putting in the work and achieving the impact. <blockquote class="border-l-05rem border-l-strongpink border-solid"><div class="-ml-4 bg-gradient-to-r from-gray-100 dark:from-zinc-800 to-transparent mr-0 mt-0 mb-4 pl-4 pr-2 py-2">quoting <br/><span itemprop="mentions" itemscope itemtype="https://schema.org/Article"><a itemprop="url" href="/nevent1qqsvx92cz9dpxryszy2c8sdsjn20mfw8uqa6e0qam2shln3zgcr5z0ghpcp8h" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1">nevent1q…cp8h</a></span> </div> <img src="https://blossom.primal.net/85704437877bdada3b288bb08c9e065068177080d0eb0253c712a464b80ebcb8.png"> <br/> From Hyperinflation to Hash Rate—Lessons from Mining CEOs<br/><br/>Attendees were treated to an intimate conversation at the recent Nashville Energy & Mining Summit between CEOs Rapha Zagury and Mike Colyer.<br/><br/>Growing up in Brazil during the country's hyperinflation crisis of the 1980s and 90s, Rapha watched his father cry as the government confiscated their family's savings. Now, as founder of Elektron Energy, one of the world's largest Bitcoin mining operations, Zagury is applying those hard-learned lessons about sound money to secure a decentralized financial future.<br/><br/>"My mom would tell me, 'take this money to school for your lunch, don't bring anything back, spend everything because if you bring the money back, it's gonna be worthless by the end of the week,'" he recalled during a fireside chat with Mike Colyer, CEO of Foundry Digital the largest Bitcoin mining pool. "That really shapes you."<br/><br/>That childhood trauma primed Zagury to immediately understand Bitcoin's value proposition when he first encountered it years later. Unlike the Brazilian Real that lost value overnight, Bitcoin's fixed supply of 21 million coins cannot be inflated away by government decree or confiscated through economic manipulation.<br/><br/>The conversation between Zagury and Colyer revealed parallel journeys in building Bitcoin mining infrastructure, though from different vantage points. While Zagury operates one of the industry's largest mining operations, Colyer has spent years building the financial and technical infrastructure that enabled Bitcoin mining to flourish in North America after China's dominance of the sector.<br/><br/>"When we started, China dominated the Bitcoin mining scene," Colyer explained.<br/><br/>"They made the machines, they had most of the hash rate, they controlled the pools. Our goal was to bust up that monopoly."<br/><br/>Today, Elektron Energy operates close to 50 exahashes of mining capacity, positioning it among the largest Bitcoin mining operations globally, with ambitious plans for expansion. The company runs one of the industry's leanest operations, with just 33 employees managing this massive computational infrastructure. Backed by cryptocurrency giant Tether since day one, Elektron has remained laser-focused on Bitcoin mining while many competitors pivot to artificial intelligence data centers.<br/><br/>"The Bitcoin protocol doesn't care if I have the best marketing team and the best logo," Zagury said. "I'm gonna mine the exact same amount of Bitcoin at the end of the day."<br/><br/>This operational philosophy contrasts sharply with publicly traded mining companies that face quarterly earnings pressures. Colyer noted that Foundry's parent company, Digital Currency Group, gave him similar long-term latitude under founder Barry Silbert's leadership.<br/><br/>"Barry was very much like, I don't care what happens month to month, quarter to quarter, think in terms of decades," Colyer said. "How's this gonna play out over the next 10 years?"<br/><br/>Both leaders see the current market environment, with many miners pivoting to AI and machine prices depressed, as an ideal entry point for committed Bitcoin miners. Colyer recalled a similar moment in late 2019, during the depths of the bear market, when Silbert told him to buy every machine available.<br/><br/>"It reminds me of the end of 2019," Colyer said. "Everyone was depressed, there was nobody buying machines, and literally Barry was like, go buy all you can buy."<br/><br/>Zagury confirmed that Elektron is currently one of the only buyers purchasing mining equipment at volume, creating favorable conditions for expansion. He anticipates slower hash rate growth this year as capital flows toward AI infrastructure, which he believes represents a riskier bet than Bitcoin mining.<br/><br/>"Bitcoin is a significantly less risky business than AI HPC because not only it's less capital intensive," Zagury said. "AI HPC...are still in the nascent part of the technology ramp up. You are going to see step functions that are going to wreck a lot of people."<br/><br/>Elektron's strategy involves identifying remote mining sites that will never become AI data centers, acquiring them at discounts, and integrating Bitcoin mining with renewable energy projects. The company recently launched operations in Brazil, where government-subsidized solar and wind projects generate excess power with nowhere to go.<br/><br/>"They're buying batteries to store the energy," Zagury said. "We put containers there with older ASICs. You turn on whenever you want, and you monetize immediately."<br/><br/>The conversation also addressed Bitcoin mining's decentralization, a topic both leaders take seriously. Colyer emphasized Foundry's support for technologies like Stratum V2 that would allow individual miners to construct their own block templates, though he noted most miners don't currently prioritize this capability.<br/><br/>Zagury expressed surprise at this industry apathy.<br/><br/>"It's my hash rate. I want to build a block. I want to have control of the block. Maybe that's why a lot of them are shifting to AI, because they were never Bitcoiners to begin with."<br/><br/>Both leaders predict continued convergence between energy markets and financial markets, with Bitcoin miners serving as controllable loads that help utilities balance grids, with Colyer noting that Foundry can actually observe weather patterns in Texas simply by watching hash rate fluctuations as miners respond to grid conditions.<br/><br/>For Zagury, who watched his father lose everything to government monetary manipulation, securing Bitcoin's decentralized network represents more than business strategy: it's personal mission. The boy who learned to spend money immediately before it became worthless now helps secure a monetary system designed to hold value across generations.<br/><br/>"I grew up in hyperinflation," Zagury said. "When I saw Bitcoin for the first time, it kind of clicked to me. It really made sense."<br/> </blockquote> 2026-02-13T15:56:49Z https://njump.me/nevent1qqsvt96v7g3yr97x9te4cu8dl6jylnkxqwzecvnjj2wgelf6xrvhvfszyzpjnw3n945z9lge9ccwq7ru62ya3w8j4jrvah0t7tzvxwlvkxfvyu3mp6f This is exactly why all <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/nprofile1qqsgx2d6xvkksgharyhrpcrc0nfgnk9c72kgdnkaa0evfsemajce9sspr9mhxue69uhhyetvv9ujuurjdau8jmtpdesjumn9wsq3samnwvaz7tmwdaehgu3wwpshqctwdajx2tnrdakse7qjwq" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>DataFlex</span> (<span class="italic">nprofile…qjwq</span>)</a></span> projects point to <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/nprofile1qqsq9k04vahllseell55m74n3047y88pzlr0z5yany32st29fapqmgspz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsz8nhwden5te0dehhxarj94c82c3wwajkcmr0wfjx2u3wdejhgtcv0vr5k" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>OCEAN</span> (<span class="italic">nprofile…vr5k</span>)</a></span> pool to realize their primary goal of public-owned, properly distributed mining expansion across the US. <blockquote class="border-l-05rem border-l-strongpink border-solid"><div class="-ml-4 bg-gradient-to-r from-gray-100 dark:from-zinc-800 to-transparent mr-0 mt-0 mb-4 pl-4 pr-2 py-2">quoting <br/><span itemprop="mentions" itemscope itemtype="https://schema.org/Article"><a itemprop="url" href="/nevent1qqswmags7tv6ap0uajz63ahxalthu444hgfq96ufl92zqv074nqlx4qdfpc36" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1">nevent1q…pc36</a></span> </div> The Bitcoin Mechanic at Ocean Mining Pool (ocean.xyz) explains to Mining Disrupt why miners need to run nodes, and need to exercise their status as solo miners sharing in a larger pool by applying their own block template even though they split earnings for hashrate contributed. The win here is that the decentralization of the block template source for a won block ensures that bitcoin’s censorship resistance is maintained, rather than sourcing block template from a low number of large players. Learn more by understanding Ocean’s model and how they use Datum to distributes the responsibility of block template generation to all of the solo miner node runners on their network. <br/> <img src="https://blossom.primal.net/29044b003ce67da8805b1cbe59c24940b30070e6447aa8c36eb2e5be859007c0.jpg"> </blockquote> 2025-11-12T16:41:26Z https://njump.me/nevent1qqsqmrpergjz5hrppcjpxyufm6nlfjy4tttmrlpawyw5hw9wzj6nfdczyzpjnw3n945z9lge9ccwq7ru62ya3w8j4jrvah0t7tzvxwlvkxfvyhz4w3c Ethan of Moonshot talks us through the key differences of the infrastructural needs of AI and BTC Mining. Each utility and facility has different needs. The HPC that <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/nprofile1qqsgx2d6xvkksgharyhrpcrc0nfgnk9c72kgdnkaa0evfsemajce9sspr9mhxue69uhhyetvv9ujuurjdau8jmtpdesjumn9wsq3samnwvaz7tmwdaehgu3wwpshqctwdajx2tnrdakse7qjwq" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>DataFlex</span> (<span class="italic">nprofile…qjwq</span>)</a></span> places with our power providers is always tailored to the needs of the generation. This is key to the plan and relationship. <br/> <img src="https://blossom.primal.net/249011961de20eb08cc698c852a15904897a55d0ec52f4ab71487d698ec73e81.jpg"> 2025-11-12T16:30:36Z https://njump.me/nevent1qqsvnathmwzc923zxa2yl9j37spqvprtu2574fynjmyncamtd4wrpeszyzpjnw3n945z9lge9ccwq7ru62ya3w8j4jrvah0t7tzvxwlvkxfvyh6v2q2 Everyone is getting set up today for Mining Disrupt 2025 in Dallas. Can’t wait to connect with industry leaders and explore with innovators here. Let’s connect if you’re going to be here. <br/> <img src="https://blossom.primal.net/f035e944d6fea5866c47d1a557c7ee7bbc266e73526f8f167105f5d42c6cda6e.jpg"> 2025-11-11T20:30:27Z https://njump.me/nevent1qqsq44kq7xs7tul22nymrdcjwwdwvzefmrhz6d7wc0udw4as9983dlszyzpjnw3n945z9lge9ccwq7ru62ya3w8j4jrvah0t7tzvxwlvkxfvy32e7lv Energy sees benefits with Bitcoin integration. Especially public energy, because that puts mining into local ownership at scale. This also helps Bitcoin mining remain decentralized. This is the DataFlex mission. Public power applied to publicly owned compute.<blockquote class="border-l-05rem border-l-strongpink border-solid"><div class="-ml-4 bg-gradient-to-r from-gray-100 dark:from-zinc-800 to-transparent mr-0 mt-0 mb-4 pl-4 pr-2 py-2">quoting <br/><span itemprop="mentions" itemscope itemtype="https://schema.org/Article"><a itemprop="url" href="/nevent1qqszggm02mcred056rp3rhtjaaths50kp4znsy6e6afuwkecllxzljcpydmhxue69uhkummnw3ez6an9wf5kv6t9vsh8wetvd3hhyer9wghxuet59us2jxpy" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1">nevent1q…jxpy</a></span> </div> great insight from Jeff. <br/><br/>despite what general public's opinion on mining, mining industry has a symbiosis relationship with energy systems — especially with VRE power plants. as long as their perspective shifts to positive side, it'll become more expensive to attack against the decentralized nature of bitcoin. <br/><span itemprop="mentions" itemscope itemtype="https://schema.org/Article"><a itemprop="url" href="/nevent1qqsz075muv2tugwffsamzv84jsl22k0qymetcs73t09mn7wwlepjjmcpzamhxue69uhhyetvv9ujumn0wd68ytnzv9hxgtczyzp7sxxlhmxw544s74g4w6el6wd8558pmq2exs6sqd505zzuektykqcyqqqqqqg0fkdsw" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1">nevent1q…kdsw</a></span> </blockquote> 2025-11-01T16:15:47Z https://njump.me/nevent1qqstdaupuptv3nq7r00vad5qsgfuzt8yfqyhyen9zz5c52nfq0y2vugzyzpjnw3n945z9lge9ccwq7ru62ya3w8j4jrvah0t7tzvxwlvkxfvyd3jnp6 DataFlex Energy Partners says:<br/>- Bitcoin fills gaps in the local power grid. <br/>- Bitcoin solves problems in the power generation space. <br/>- Bitcoin puts public owned power companies on a righted course financially. <br/>- Bitcoin lines up solutions for future power generation builds. <br/>- Bitcoin facilitates overbuilds of generation capabilities. <br/>- Bitcoin and energy are hand in hand. Public owned local mining is the next stop for decentralized health of the Bitcoin network. <br/> <img src="https://blossom.primal.net/dac20f25863facdec7ff50997d97c2c7644549c73edd175771504ac975370a6a.png"> 2025-08-31T14:34:09Z https://njump.me/nevent1qqsp26c9w95ca27p7l9wv0k726d4rg6zk6l5pf7y6pcpcqph3554nfqzyzpjnw3n945z9lge9ccwq7ru62ya3w8j4jrvah0t7tzvxwlvkxfvy2xumdl As publicly owned and municipal utilities navigate the complex transition from traditional coal generation to a more diverse energy future, embracing innovative strategies is key to reliability and economic growth. By integrating high-demand industries like data centers and bitcoin mining with local power grids, utilities can secure new, steady sources of load—helping older coal plants operate efficiently and spread their fixed costs over more kilowatt-hours, even as renewable adoption gradually rises.<br/><br/>This approach not only supports affordable, reliable energy for the community but also extends the useful life of existing infrastructure, giving utilities the stability and flexibility they need while preparing for a clean energy future. By harnessing these partnerships, <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/nprofile1qqsgx2d6xvkksgharyhrpcrc0nfgnk9c72kgdnkaa0evfsemajce9sspzdmhxue69uhhyetvv9ukzcnvv5hx7un8qyv8wumn8ghj7mn0wd68ytnsv9cxzmn0v3jjucm0d50645nu" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>DataFlex</span> (<span class="italic">nprofile…45nu</span>)</a></span> can preserve energy advantages, ensure grid resilience, and manage the transition at a pace that benefits everyone. This makes the local grid a hub for innovation and longevity in the evolving energy landscape. <br/> <img src="https://blossom.primal.net/5c770cae4cef71a0658dff46ed396b9828bb62831582f78274ad02c1dd3f3c33.jpg"> 2025-08-01T13:18:28Z https://njump.me/nevent1qqs8gfajd9vduxzyjaafl0j4qc998zgy8m84gp5nqwl8z9qlkqqmjtqzyzpjnw3n945z9lge9ccwq7ru62ya3w8j4jrvah0t7tzvxwlvkxfvy9lfts7 Southwest Power Pool (SPP) now requires 36% winter reserve margin. That’s not a planning target. It’s a compliance obligation.<br/><br/>And it’s why public utilities need flexible, dispatchable load that doesn’t require added buildout of generation for compliance.<br/><br/><br/> <img src="https://blossom.primal.net/26b1fefa2776d3a2c5776ecaa264641665ddbcbd53bad01536f67309bb2e1c7d.png"> 2025-08-01T03:32:23Z https://njump.me/nevent1qqsp2xncas4wj5e8mfancnngt2m9y54xfldww0c9gw5t7hm4tnu5t5gzyzpjnw3n945z9lge9ccwq7ru62ya3w8j4jrvah0t7tzvxwlvkxfvy294wqq AEP faces 15 GW of new data center load through 2030 - more growth than they’ve seen in a generation. Traditional planning assumptions are obsolete when single campuses request “several GW” instead of 30-60 MW. The question isn’t whether this demand is coming - it’s whether utilities will control it or be controlled by it. Smart grid-integrated solutions that align compute with generation patterns offer a path forward.<br/> <img src="https://blossom.primal.net/1ce970244832c4a92018e71717e34fec3172ebda23c00e7e0f4fe3425a0b678f.jpg"> 2025-07-12T15:17:26Z https://njump.me/nevent1qqsxt0e0kdlmm4lwezz9qjay3mc20f3tv3v5wpgjsxh87pr4ajjh5jczyzpjnw3n945z9lge9ccwq7ru62ya3w8j4jrvah0t7tzvxwlvkxfvyg7q52g Settling in at New Orleans for the American Public Power Association annual National Conference. Meeting more public utilities that could enjoy grid tools that spew hard money. #APPA<br/> <img src="https://blossom.primal.net/6b3d69efc5661753a4d4311527c75c8c139d1f8315718d1ad0da609df81ac647.jpg"> <br/> <img src="https://blossom.primal.net/4e8de9f29fea161416302dbbb0f53052b15681b5884ae8938cd73953651aeb59.jpg"> <br/> <img src="https://blossom.primal.net/8c47fac24c0a5f7deed0e9eb87f64ab5c281fc76753b60271f3862f2c2b44495.jpg"> <br/> <img src="https://blossom.primal.net/723a36c3b5f4ffaf77545441394ad898ca642951d700c864d9315d994162e70a.jpg"> 2025-06-09T14:42:36Z