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Alexandra DaCosta and David Yi (Aspen Creek) on a New Model for Renewable Mining (EP.356)

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Alexandra DaCosta (CEO) and David Yi (Chief Commercial Officer) join the show to talk about Aspen Creek Digital Corp.'s fundraise and their model for additive renewable mining. In this episode:

  • What was it like raising for a mining firm in this environment
  • David and Alexandra’s backgrounds and how the came to cofound ACDC
  • Why ACDC is pursuing a ‘power first’ model and what that means
  • ACDC’s wind, solar, and battery approach to energy
  • Why ACDC focuses on additional, new renewable generation
  • How mining behind the meter with renewable sources actually works
  • Why intermittency of wind and solar is not a dealbreaker for Bitcoin miners
  • The merits of going behind the meter for a Bitcoin miner
  • The importance of the Inflation Reduction Act for renewables
  • Industries are becoming more location agnostic overall
  • Are Bitcoin miners doing a sufficiently good job of disclosures around their energy mix?
  • What is the feasibility of batteries at grid scale?
  • Are Bitcoin miners interfering with the market signal indicating where transmission should be built?
  • How Aspen Creek pairs demand response with renewable incentivization
  • How Aspen Creek affects power prices paid by households

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Intro and outro music: Daniel Allan’s Collage #344

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