
SLP431 Austin Mitchell Bitcoin for Energy Markets with Synota
Stephan Livera Podcast
00:00
Bitcoin Mining
The product that we're building for the Bitcoin mining space is, is truly actually frictionless. It's sort of a set it and forget it kind of approach where we're talking about money coming from the pool and then being used directly to pay for energy bills. So there's not going to need to be any sort of intervention or manual steps. We can go from payout from pool to, you know, USD into the energy suppliers account in less than 10 seconds. There's no credit risk in that. The miner didn't have to liquidate their Bitcoin to pay their bills. They were able to just pay in Bitcoin themselves. And so I think that's where that's the product that
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