Rapha (Rafa) Zagury
CEO of Elektron and manager of Tether's large bitcoin mining portfolio; experienced entrepreneur and former finance executive focused on Bitcoin mining operations and infrastructure development.
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Feb 27, 2026 • 1h 2min
The Blockspace Pod: Inside Tether’s 50 EH/s Mining Empire w/ Elektron's Rapha Zagury
Rapha (Rafa) Zagury, CEO of Elektron and manager of Tether’s 50 EH/s bitcoin mining portfolio, is a fintech-turned-Bitcoin infrastructure entrepreneur. He discusses Elektron’s global 200k-ASIC footprint across 32 sites. Topics include how Tether consolidated mining assets, the coming AI vs Bitcoin mining site bifurcation, energy and host strategies, and why hashrate growth matters.
