Texas Heatwave & Bitcoin Miners | Blake King | The Mining Pod

Today we are joined by Blake King, Power Markets Engineer at Galaxy Digital. We discuss how ERCOT works, what signals energy traders look for and how battery and Bitcoin mining loads interact on the grid. Blake King: https://twitter.com/hhornblower95 Will Foxley: https://twitter.com/wsfoxley TIMESTAMPS: 00:00:00:00 Start 00:01:38:17 Hot in Texas 00:03:55:03 ERCOT 00:08:21:01 Demand calculations 00:10:44:29 What signals are miners looking at 00:14:19:17 Renewable issues & day ahead costs 00:19:24:06 Process for forward pricing 00:23:14:21 What to expect this summer 00:27:59:25 Flexible residential loads MINE Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1 WATCH https://youtube.com/c/CompassMining?sub_confirmation=1 LISTEN Apple Podcasts https://apple.co/3fNfrdi Spotify https://spoti.fi/3tSf9G1 Amazon https://amzn.to/3557cqg Anchor https://bit.ly/3rmb7UF Fountain https://bit.ly/3NeNTec RSS https://bit.ly/3chpULV  LEARN Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD FOLLOW Twitter: https://twitter.com/compass_mining LinkedIn: https://www.linkedin.com/company/compassmining Learn more about your ad choices. Visit megaphone.fm/adchoices