I spoke with Shaun Connell EVP of Power at Lancium LLC. about Bitcoin the commodity and how bitcoin mining can be used as a tool in providing demand response and flexibility to the energy grid. We spent a fair amount of time on commodity cycles and the convergence of prices in the commodity space. We even speculated on the cyclical nature of bitcoin, and whether he expects it to continue into the future.

Shaun can be found on Twitter at @Shaunenergy and I highly recommend giving Shaun a follow as he frequently posts fascinating charts and wonderful insights into the marriage of Bitcoin and Grid Operators/Ancillary Service Providers.

Outline: Grid Composition 0:00 - 3:50 Nuclear 3:50 - 6:50 Renewable Energy & Demand Response 6:51 - 9:10 Power Generators and Bitcoin Mining Colocation 9:11 - 10:30 Consequences of an unstable load 11:45 - 13:20 Miner Breakeven 13:21 - 14:10 Mining as Insurance 14:11 - 16:06 Lancium as an Ancillary Service 16:07 - 20:00 Responding to Grid Demands 20:01 - 26:00 How BTCmining helps grid operators 26:01 - 29:29 Energy as a financial market 29:30 - 34:00 BTC as a financial instrument for power generators 34:01 - 41:30 Commodity Cycles for renewables and bitcoin 41:30 - 46:45 Electricity Transmission and HYdrogen Fuel 46:45 - 48:50 Prices Always Converge 48:50 - 59:59 How to embrace the bear markets 1:00:00 - 1:03:00 Outlook on govt. subsidies 1:03:00 - 1:10:00 Policy Makers 1:10:00 - 1:14:00 Shauns' favorite books 1:15:00 - 1:17:00