Ramak Seigh on Creating a Solar Powered, Self-Sustaining Bitcoin Mining Datacenter
Ramak Seigh joins us today to discuss how he is creating a solar powered, self-sustaining Bitcoin mining datacenter
Ramak has been a life-long entrepreneur across many industries who is bringing his multi-disciplinary talents and track record of success to the cryptocurrency mining industry. Ramak began his professional life in the real estate industry by helping build acquire and operate a 1900-unit apartment portfolio in Houston in late 1980s. Later, he started, built and sold a successful online tenant screening service with one of the early nationwide criminal databases in the US. He has been involved in ASIC mining and specifically Bitcoin mining, from selling equipment online to operating miners since 2017. Ramak has a BS in Political Science from the University of Houston and is fluent in English, Farsi, & French.
Plouton Mining will be North America’s largest solar-powered bitcoin mining facility. Based on 50 acres (Plouton Mining owns) in Western Mojave, CA. Plouton Mining will implement new sustainable mining practices via solar panels that will allow the industry to continue to grow, while also providing ordinary investors with the opportunity to participate in the process of mining via a security token. Because utility companies sell the bulk of their energy during peak hours when demand is highest, they are left with an excess supply during much of the nighttime hours when demand is much lower. Plouton’s next-generation ASIC miners will operate with maximum efficiency, both day and night.
View this episode on our website here.
*Disclaimer. None of this information is financial advice.
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