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

Closing the Loop

CHAPTER

Is There a Loophole in ERCOT?

MEGALWATZ is a Bitcoin miner's and you start selling that power to the grid. You can basically take there's all these legacy gas fields that have cost associated with them. And so what our thought process was is you can essentially take that strain of gas, use it to mine Bitcoin - doing a three way arbitrage.

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