Bitzero develops clean, renewable-energy-powered data centers designed to support high-performance computing, blockchain infrastructure, and sustainable digital operations. Pulse 2.0 interviewed Bitzero President Mohammed Bakhashwain to gain a deeper understanding of the company.
Mohammed Bakhashwain’s Background
Could you tell me more about your background? Bakhashwain said:
“My background is in real estate investment, but I naturally made connections in the fintech industry over the last decade. Working in the space and gaining experiences highlighted the long-term value of building high-computing infrastructure that could scale. The gap in the market was a big part of what led to Bitzero being founded. It was clear the world needed IT infrastructure to support the growing digital economy in all shapes and forms.”
Formation Of The Company
How did the idea for the company come together? Bakhashwain shared:
“The idea was really born from the rising demand for reliable data centers and a push for more sustainable energy use in AI and crypto mining. Since I come from a real estate background and education, while investing and active in the Crypto industry since its early days, it made the perfect match of both worlds, both the tangible assets and the future economy, be it Mining or AI compute. Many mining companies lease space in third-party data centers, meaning companies have to sacrifice scalability, energy efficiency or computing capability to operate. We wanted to own our infrastructure from the land, to the power and equipment, to provide best in class results and long-term asset value.”
Favorite Memory
What has been your favorite memory working for the company so far? Bakhashwain reflected:
“Building our flagship site in Namsskogan, Norway. The entire team at Bitzero spent months building the infrastructure. Scaling, that location currently has 14,000 miners running on 100% hydro power in one of the world’s most efficient energy regions. It is obviously an operational success, but it also proves our vision for sustainable high-computing data centers will work.”
Core Products
What are the company’s core products and features? Bakhashwain explained:
“Bitzero builds and operates clean, secure, high-performance data centers. We provide ESG focused IT energy infrastructure, powered by renewable energy and designed for things like Bitcoin mining, AI computing and cloud services.”
Challenges Faced
Have you faced any challenges in your sector of work recently? Bakhashwain acknowledged:
“We faced several challenges during our recent halving event, which required a complete operational and cultural shift at Bitzero. We raised funds to purchase new miners and custom firmware, reinvested all available cash to upgrade equipment, and even sold megawatts temporarily to a host to unlock immediate capital and then bought them back later to support further upgrades. To reduce financial pressure, we converted liabilities into shares and optimized mining software. This period transformed our management approach from static and detached to dynamic and inclusive, aligning the entire team around the reality of the challenge and the potential of our shared future.”
Evolution Of The Company’s Technology
How has the company’s technology evolved since launching? Bakhashwain noted:
“We’ve come a long way since we took online our first phase of capacity at our data center location. Because 80% of the market relies on outdated mining equipment, we wanted our technology to be both efficient and cost effective. At launch, we were focused primarily on Bitcoin mining, but as demand grew from AI and cloud workloads, we started adapting our infrastructure for broader use. We’ve added smart cooling systems, increased available megawatts, and are now positioned to exceed 1GW of capacity in the next few years.”
Significant Milestones
What have been some of the company’s most significant milestones? Bakhashwain cited:
“We’ve raised over $70 million in capital in the last few years and brought on Kevin O’Leary as a strategic investor. Building our scalable model, with his help, has been crucial in expanding our reach.”
Differentiation From The Competition
What differentiates the company from its competition? Bakhashwain affirmed:
“First, we own our infrastructure, from the land to the equipment, rather than renting from a third-party – this helps keep operational costs low for Bitzero, allowing us to offer affordable pricing to customers. Second, we build our data centers in cold-weather regions to keep cooling costs low and save on energy. Lastly, we prioritize ESG because the combination of control, efficiency, and sustainability is what helps us stand out.”
Future Company Goals
What are some of the company’s future goals? Bakhashwain emphasized:
“We’re expanding into more sites across Europe, scaling up our capacity, and looking to support growing industries like AI and big data. Our goal is to be the go-to provider for high-performance computing that’s both profitable and environmentally conscious.”
Additional Thoughts
Any other topics you would like to discuss? Bakhashwain concluded:
“The data centers global brands select can have a serious impact on profit margins. Working with a data center that is costly, both operationally and environmentally, can delay the success of a business and hinder its ability to evolve and innovate. Bitzero is helping those companies create resilient, high-computing plans that can adapt as the company scale.”
