Jamie McAvity
CEO at Cormint, a bitcoin mining facility in Fort Stockton, West Texas, harnessing bitcoin-denominated debt to build the grid of the future.
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Feb 29, 2024 • 45min
How Bitcoin can support the grid with Jamie McAvity (CEO @ Cormint)
Exploring how Bitcoin mining in West Texas can support the grid by utilizing excess energy. Jamie McAvity discusses the business model of a bitcoin mining facility, the prevalence of negative pricing in Texas, and the relationship between Bitcoin mining and the power grid. The conversation also delves into the potential national security implications of Bitcoin mining in Texas.
