#22 - Shaun Connell: Bitcoin Mining is the 'Holy Grail' for Power Grids
#22 - Shaun Connell: Bitcoin Mining is the 'Holy Grail' for Power Grids
Closing the Loop

This episode's guest is Shaun Connell, Executive Vice President of Power at Lancium.

Lancium develops technologies and builds infrastructure to improve the economic efficiency of power production, balance and stabilize the power grid, and improve the viability of renewable energy resources.

Shaun has a wealth of experience in energy markets, in particular in energy trading and risk management, and through his work at Lancium, he is becoming a leading expert in the rapidly occurring integration of bitcoin mining and traditional energy infrastructure.

We cover a lot of ground in this discussion, and as usual, we could've talked with Shaun for another two hours about all the incredibly fascinating implications of these converging industries. For now, we'll have to save that for part two—sometime in the future.

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Excellent episode and a great rundown of where power generators and grid operators are at with respect to mining. Bitcoin mining profits will indeed trend downwards but the power securing the network will continue to grow for a long time.
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