This training session is all about demystifying the topic of bitcoin mining. Beyond a surface level analysis of bitcoin mining lays a plethora of use cases in GridTech. Namely, the ability to balance electricity grids, subsidize energy energy generation costs (reducing costs for the end consumer), and accelerate the rate at which energy grids are decarbonized and transitioned to greener, more sustainable energy sources. Join Keegan Francis as he illuminates the topic of bitcoin mining and expands conceptions of how it can be applied to solve real world energy related problems.

3 Takeaways

• Bitcoin Mining can accelerate the rate at which a region adopts green and renewable energy sources
• Aspects of Bitcoin Mining can be leveraged and reused to reduce waste (i.e. heat)
• How does bitcoin mining work, and why it is a good thing that it uses the energy that it does

Keegan Francis is a CoFounder of the Atlantic Blockchain Company and GoFullCrypto, a consultation company that focuses on how to practically apply cryptocurrency to solve real-world problems. The insights gleaned from working in the Bitcoin Mining industry have allowed him to see that bitcoin has a place in decarbonizing the Atlantic Canadian electricity grid and reducing energy costs for consumers.