Brazil Crypto Report
Brazil Crypto Report
Episode #114: Bitcoin Mining from Brazil to the US with Rudá Pellini
0:00
Current time: 0:00 / Total time: -47:09
-47:09

Episode #114: Bitcoin Mining from Brazil to the US with Rudá Pellini

Arthur Inc. co-founder discusses new US expansion, evolution of the bitcoin mining industry

🎧 Listen: Spotify | Apple Podcasts | Anchor | Amazon | YouTube


Olá pessoal!

Today’s interview is with Rudá Pellini, co-founder of Brazilian-born bitcoin mining company Arthur Inc.

We dive into Arthur's expanding operations in the US, the evolution of the bitcoin mining business model and the challenges that would-be bitcoin miners face in Brazil.

We also talk about Rudá’s journey from the Brazilian Army to bitcoin entrepreneur.

Key themes from this conversation include:

  • The transformation of Bitcoin mining from a niche investment to a diversified business model

  • The importance of energy management and grid balancing in mining operations

  • Arthur’s new 15 megawatt mining facility in Oklahoma

  • The state of mining in Brazil and other Latin American countries

🙌 🇧🇷Brazil Crypto Report is a free publication; if you wish to support us you can do so by hitting the button below👇


Brazil Crypto Report is presented by

Kaleido is the most trusted digital assets and blockchain company by enterprises. Their product suite is the ultimate business blockchain cloud and is rated #1 for tokenization and #1 for blockchain-as-a-service. Kaleido is powered by open source, supports multiple protocols, connects to permissioned and public chains, and lets you utilize any smart contract. Tokenizing assets in a scalable and interoperable way has never been easier.

Built by veterans of IBM Blockchain and Consensys, the Kaleido platform combines turnkey functionality with enterprise-grade security and scalability to power your application — whether it be in banking and financial services, supply chain, media, government & public sector, or central bank digital currencies.

Learn more and try it free at Kaleido.io

👊 I want to learn more about Kaleido!


Pellini traces Arthur's journey from its beginnings in 2017 to its current status as a significant player in the US mining scene. In total, the company now operates facilities in Ohio, Wyoming, and Oklahoma, with plans to reach 50 megawatts of capacity in the coming months.

A key focus of the discussion is the changing nature of mining operations. Pelini emphasizes how miners are increasingly partnering with energy providers, participating in demand response programs, and exploring new revenue streams such as hosting services and AI computing.

We also touch on the state of the Brazilian market, where despite abundant and increasingly affordable energy, high import taxes on mining equipment remain a significant barrier. Pellini describes how Arthur is working to overcome these challenges, including exploring local assembly of ASICs to reduce costs.

Pellini also talks about the broader Latin American context, noting recent developments in Paraguay and potential opportunities in countries like Argentina and El Salvador.

I really enjoyed this conversation with Rudá and I hope you do as well. You can connect with him on Linkedin

Have a great weekend everyone!

-AWS


Connect with 🇧🇷Brazil Crypto Report across the web: Twitter | Linkedin | YouTube | Instagram | Spotify | Apple Podcasts | Substack

Discussion about this podcast