James McGinniss (David Energy) on Mining as a Load Resource (EP.262)

We sit down with James McGinniss, CEO and Cofounder of David Energy to talk about Bitcoin's role in the energy transition and how Bitcoin mining is a useful source of flexible load for increasingly renewable grids. In this episode: 

The fundamental change happening in the US grid today What distributed energy resources are and why they are important Why DERs are catching on in California Why bitcoin allows load to move to supply Why better metering improves the prospects for demand response How demand response works nationwide Why there's a fundamental tradeoff between uptime and power prices Why Bitcoin is the best demand response resource The prospects for other location agnostic load resources Do better batteries obsolete Bitcoin mining as a grid balancer? How David Energy is working with Bitcoin miners Why Bitcoin miners should trade mining uptime for cheaper power Are grid operators designing programs for bitcoin miners? Why there's a longer tail of energy assets that miners should take advantage of

Sponsor notes: 

This episode supported by Public.com. Start investing with as little as $1 and get a free slice of stock up to $50 when you join Public.com today. Visit public.com/onthebrink to download the app and sign up. This episode is brought to you by Withum, a top 25 accounting firm with a cutting-edge Digital Currency and Blockchain Technology practice. To learn more, visit  withum.com/crypto.