Karthik is a power and environmental products markets professional with 10 years of experience in risk management, fundamental analysis, and trading of electricity and renewable energy. He has also been a bitcoin investor since 2013 and has served as an Advisor to Aurum since early 2020 providing insights and information based on his deep understanding of the ERCOT energy market. In this episode of the podcast, JP and Karthik Rammohan discuss Bitcoins relation to energy production in the United States. They dive into the topic of how Bitcoin mining has actually incentivized renewable energy production and why the notion that Bitcoin is bad for the environment is the opposite from the truth.
[00:01:30] Can you talk about the Energy crisis that happened in Texas?
[00:04:05] Can you give a brief summary of the energy generation going offline in the ice storm?
[00:07:00] How did people make money off this crisis?
[00:08:15] Are you familiar with the credit swaps happening between energy producers?
[00:10:10] Do you think Bitcoin miners can help improve the overall renewable ecosystem?
[00:14:00] The optionality between selling power to the grid vs mining bitcoin.
[00:15:15] Will there be new tariffs on renewables because of the snow storm?
[00:17:12] How have your discussions been with power producers and energy companies before Bitcoin's price rise?
[00:18:27] Credit lines for Bitcoin miners moving forward.
[00:21:46] Do you think Bitcoin miners will join the energy space or vice versa?
[00:23:12] How has your involvement in Bitcoin changed your life and or world view?
[00:26:52] Can you explain the tax equity structure in relation to wind farms?
[00:28:14] Are wind farms always on? Are they controlled?
[00:30:00] Upgrading turbines.
[00:31:42] How do PPA agreements work?
[00:34:52] Have you looked at energy tokens? Are there any blockchain projects involving decentralized energy that you’re interested in?
[00:36:22] The next two years in relation to energy in the United States.
[00:39:00] Bitcoins carbon footprint.
[00:41:26] Ark invest article
Support & Connect:
• MiningStore - www.miningstore.com
• Aurum Capital Ventures - www.aurumcapitalventures.com
• Twitter - https://twitter.com/jpbaric
• LinkedIn - https://www.linkedin.com/in/johnpaul-baric-6372a764/
• TikTok - https://www.tiktok.com/@jpbaric?lang=en
Connect with Karthik Rammohan:
• LinkedIn- https://www.linkedin.com/in/karthik-rammohan-a054189
General Podcast Information:
Listen on Spotify: https://open.spotify.com/show/7iAxkMfPHcCwEUShz8Igpl
Listen on Apple Podcasts: https://podcasts.apple.com/us/podcast/digital-gold/id1539971833
Listen on Amazon Music: https://music.amazon.com/podcasts/8f4d7392-88e7-4526-97ca-f0a1a5dfec83/Digital-Gold
Listen on Google Podcasts: https://www.google.com/podcasts?feed=aHR0cHM6Ly9mZWVkcy5zaW1wbGVjYXN0LmNvbS9DcURIN3hxVw%3D%3D