5min chapter

Closing the Loop cover image

#28 - Brent Whitehead: The Giga Energy Story and Bitcoin as the Ultimate Incentive for Revolutionizing the Energy Industry

Closing the Loop

CHAPTER

Giga Bitcoin Mining

Giga is building a power infrastructure for Bitcoin mining that's cheaper than what the market rate is. The company has spent millions of dollars on vertical integration to make it more competitive with other energy sources like natural gas and oil. Giga will have its own flare-gas generator in 2021 versus 2022, but they're not changing their business model at this point.

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