spencer

@robertwarren Let’s talk. DM me

Has anyone built a website that combines ERCOT electrical prices by hub and ASICs by profitability?

Sangha Systems is screening STRANDED next week in New York City. It’s a free event with a really cool group of folks. 😊✊🗽 Eventbrite link to sign up: eventbrite.com/e/814541665047… #stranded #bitcoinmining #documentary

@PoW_Blockspace @SanghaSystems @matslats @Meowfurian @dannyfeld23 @PeirceColin @MJayBe Feel free to DM me

@SanghaSystems @matslats @Meowfurian @dannyfeld23 @bksmarr @PeirceColin @MJayBe So for example.. 14.4MW is at 32.05$/MWh, & 4.86MW is at 61.75$MWh = $38.08 $/MWh all in.. but if Wind LCOE is >32.05.. would I sell at this price to the miner if I'm unable to curtail or get the BTC upside...?

A perfect match: Renewable Energy and Bitcoin Mining Their symbiotic relationship solves problems and makes the other better. This thread will explain why. Thread also by @bksmarr @peircecolin @MJayBe

@PoW_Blockspace @SanghaSystems @matslats @Meowfurian @dannyfeld23 @PeirceColin @MJayBe Yes

@SanghaSystems @matslats @Meowfurian @dannyfeld23 @bksmarr @PeirceColin @MJayBe Wind Speed & Solar Irradiance limit the energy to make BTM economically possible -from a turnkey Power+Miner standpoint; you can de-rate a WTG to lift CF & you can add a battery to shift that energy also, but in this case, is 20MW of load is sitting behind like 200+MW of gen?

@asicsandapes @SanghaSystems @MJayBe @dannyfeld23 @PeirceColin

Ya boy is back on Spaces this coming Monday! I can credit a vast majority of what I know about energy markets from @bksmarr - founder of @SanghaSystems and the 28 MW mine you’ve seen in vids. Join us as we dive into the energy side of mining and do some Ordinal education!

Looking forward to this chat with @SanghaSystems alum @asicsandapes. We get to kick it on old things and new things at the intersection of mining x energy x ordinals. twitter.com/i/spaces/1Yqxo…

Impressed with the team at Sangha Renewables (@sanghasystems), an energy-first #BTC #mining development firm, leading the way in working with renewable energy producers to provide curtailment mitigation services. They identify renewable energy sites with revenue headwinds and develop bitcoin mines that enhance the economics of selling renewable energy while keeping the cost of mining very competitive. #innovation Reach out to my friend @bksmarr to get involved.

@AB_Brammer @adam3us Love that you’re taking up this charge, bro. Shit drives me nuts.

Again, not saying coal and coal-refuse aren't different in their function, but they are both coal plants. To not highlight this difference very clearly and up front is obfuscation at best and discredits the work we are doing in the mining industry. Adversaries will point to this and other spurious claims as evidence of malfeasance by industry participants, further hampering our ability to frame bitcoin mining as the beneficial addition to our power systems that we know they are. All we need to do is lead with the truth and make reasonable, nuanced, and measured claims. The rest will take care of itself. We are all guilty (myself included) of at some point in our journey making exaggerated or incomplete claims about what bitcoin is and isn't doing, but we should continuously work to improve and hold one another accountable.

"No 86 MW coal-fired #Bitcoin mining operations (or smaller)." Not only is this wrong, but the same PUBLIC company owns TWO! Careful who you trust to do "due diligence"

#Bitcoin mining computers are valued by terra hash (TH), the unit used to rate data processing power. Each TH is 1 trillion hashes per second. Current miners run at over 100 TH/s. 18 months ago they cost up to $100 / TH. Now they cost $15. How much will they cost post halving?

RT @dannyfeld23: Instead of a market restricted by wires and poles, as @bksmarr says, “renewable energy companies can utilize 0s and 1s to…

Bitcoin mining creates a global market for electricity that will encourage investment into renewable energy projects with a new revenue frontier. This is an historical and revolutionary technological advancement.

RT @dannyfeld23: When local demand is low, renewable sites face congestion and curtailment issues with no global market to sell into. Thes…

Electricity is a local commodity that cannot be stored in warehouses or shipped, unlike global commodities, e.g., gold, oil, grains, gas, spices. Pricing, even in mature electricity markets, reflects local market dynamics.

Proud of the @SanghaSystems team for this!

Good thread by @dannyfeld23 @MJayBe @PeirceColin and myself.

@wmiddelkoop Bitcoin mining is the nexus of multiple converging commodity classes. Our work at @SanghaSystems is creating greater opportunities for energy companies to sell into a global market for electricity. This is unprecedented.

@SolarInMASS Hey, I’d love to chat

Hello all, we are seeking a consultant in the PJM marketplace that can guide us on a large, behind the meter solar project and how the rules work with excess daytime solar in the wholesale market. Project is located in PA. Thank you all.

@InternetHippo I went to high school with this guy, couldn’t be stupider.