
Stephan Livera Podcast PLAN B Lugano Podcast - Day 1 with Philip Walton, Roy Sheinfeld, Tiero | SLP697
Oct 27, 2025
In this discussion, Philip Walton, CTO of Gridless, unveils how his company is revolutionizing Bitcoin mining by harnessing stranded renewable energy in Africa. Roy Sheinfeld, CEO of Breez, contrasts value transfer with traditional payments, introducing the Time2Build challenge to boost Lightning adoption. Marco Argentieri, founder of Tiero, explains Arcade's innovative virtual UTXO system and its potential for scalable Bitcoin programmability, highlighting seamless transactions and instant Bitcoin loans. A fascinating blend of tech and entrepreneurial insights!
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Monetizing Wasted Renewable Energy
- Gridless mines Bitcoin on unused African renewable energy, turning wasted electrons into revenue.
- This model lowers electricity costs and enables decentralized, competitive Bitcoin production.
Mining Container Delivered Through The Bush
- Gridless transported a mining container 2,000 km through African bush and deployed miners overnight.
- The next morning the local energy company received real cash flow and expanded distribution.
Energy, Not Bitcoin Price, Drives Mining
- Bitcoin mining economics are driven more by energy cost than BTC price due to difficulty adjustments.
- Gridless can profitably run older rigs in Africa because energy is effectively cheaper or revenue-shared.
