2min chapter

Swan Signal Live - A Bitcoin Show cover image

Austin Mitchell & Patti Trompeter | Swan Signal | EP 113

Swan Signal Live - A Bitcoin Show

CHAPTER

The Advantages of Instant Accounting for Energy Suppliers

Energy suppliers like the solution as well because they get cashflow daily from these miners, that neutralizes the counterparty risk. Receipts don't need to be entered into the ledger, just the cash. It's a much simpler process. We're turning your energy meter into the point of sale. In that way, there is actually no invoice that the accountant needs to recognize as a liability in the balance sheet and reconcile later.

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