Spencer Marr is the President and Founder of Sangha Systems where he spearheaded the company's development, operations, and sale of an 82 MW grid-tied Bitcoin mining site in Illinois. Sangha bootstrapped the Illinois project over the course of 4 years, having never raised outside capital, and therefore became expert at site selection and due diligence, real estate negotiations, negotiations with utilities and retail electric supplier, iteratively designing and building the physical plant, negotiating and drafting all the relevant (in many cases, novel) legal documents, building financial models to price hosting agreements correctly, operating the facility day-to-day, and thinking deeply about how the world of energy and Bitcoin mining needed to merge.

Spencer had the idea for getting into Bitcoin mining while working at Sustainable CUNY (City University of New York) on a Dept of Energy grant funded project to bring insurance market price signals to bear on the value of “energy resilience” through installing solar and energy storage. Prior to his time at CUNY, Spencer worked at several law firms in New York City with a focus on commercial litigation specializing in insurance coverage. He has a JD from Brooklyn Law School and a B.S. in Psychology from Tulane University, in New Orleans.

Working with its partners in energy brokerage and advisory, software, and immersion cooling infrastructure Sangha is now focused on acting as an end-to-end white glove consultant, construction manager, and operator for utility scale solar and wind developers and industrial real estate owners with surplus energy and/or power infrastructure. Spencer believes Bitcoin mining incentivizes actors to pursue the lowest marginal cost of energy, which is only possible through the large-scale development of renewables, energy storage, immersion cooling infrastructure, creative project finance, and energy control systems.