Adopting Bitcoin 2024

Adopting Bitcoin 2024

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How Bitcoin Fixes Energy Markets
15/11/2024 , Finney Stage

This talks explains how Bitcoin can improve or "fix" power markets

Monetizing surplus energy - Sharing our experience developing over 1,000 MW of projects in ERCOT and other markets
Servicing grid stability - Sharing how bitcoin data centers improve grid stability by capturing surplus energy and reducing demand during when prices are high
Streamlining financial settlement - Sharing how financial settlement works today in power markets and how we are transforming that process with real time energy accounting, invoicing, and payments

Andrew has been a bitcoin advocate since 2014 after recognizing the opportunity to utilize bitcoin as a 24/7 financial settlement protocol in 24/7 electric power markets. Prior to founding Satoshi Energy in 2019, he led the development of software and data science products as a consultant for Fortune 500 energy and financial services companies. He also has a masters degree in electric power markets and engineering. Andrew guides the vision and product at Satoshi Energy, where the team develops projects for utility scale bitcoin data centers and provides a software platform for real time energy accounting, invoicing, and payments.