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Ray Cline,\xa0Lancium\xa0CTO, and\xa0Shaun Connell, EVP Power at\xa0Lancium, join the show. We cover the changing Texas grid, several models for renewable based mining, and how miners can serve as a controllable load. In this episode:

• Personal backgrounds and crossing the threshold from energy to Bitcoin
• Origins of Lancium
• Features of Texas grid
• Why Texas is so suitable for renewables
• How Texas is the \u2018Saudi Arabia\u2019 of renewable generation
• Why renewables grew so fast in Texas
• Two reasons why prices reach negative prices
• Three models for mining
  • Grid connected with new gen miners
  • Renewable colocation with new gen miners
  • Off grid renewable colocation with old gen miners
• How different ASIC vintages affect the power price you can tolerate for the units and what interruptibility they can deal with
• ERCOT\u2019s surplus renewable power
• How the Texas grid is splitting in half
• How Bitcoin is a \u2018premium customer\u2019 for energy assets
• Why miners depreciate their miners over 4-5 years, and not 1-2 years as Digiconomist claims
• Are energy producers aware of the importance of Bitcoin mining as an alternative energy buyer?
• Introduction to Demand Response
• What a Controllable Load Resource is and how Bitcoin miners uniquely satisfy the requirements
• History of Controllable Load in ERCOT
• Why controllable load is so useful to grid operators
• Why Bitcoin miners can be flexible load, and why other industrial consumers of energy cannot
• Why the economics of operating an interruptible load as a miner make sense
• Are other grid operators looking to build programs for BTC miners?
• Do Bitcoin miners decarbonize the Texas grid in the final analysis?
• Will Bitcoin mining improve the reliability of the grid?

Sponsor notes:

• This episode supported by\xa0Public.com. Start investing with as little as $1 and get a free slice of stock up to $50 when you join\xa0Public.com\xa0today. Visit\xa0public.com/onthebrink\xa0to download the app and sign up.
• This episode is brought to you by\xa0Withum, a top 25 accounting firm with a cutting-edge Digital Currency and Blockchain Technology practice. To learn more, visit\xa0\xa0withum.com/crypto.