Electrical Supply and Demand: a Place for Mining …...Electrical Supply and Demand: a Place for...

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Electrical Supply and Demand: a Place for Mining Cryptocurrency Tanya Smith, MSc Chief Executive Officer

Transcript of Electrical Supply and Demand: a Place for Mining …...Electrical Supply and Demand: a Place for...

Page 1: Electrical Supply and Demand: a Place for Mining …...Electrical Supply and Demand: a Place for Mining Cryptocurrency Tanya Smith, MSc Chief Executive Officer Meet the Team Sophie

Electrical Supply and Demand: a Place for

Mining Cryptocurrency

Tanya Smith, MScChief Executive Officer

Page 2: Electrical Supply and Demand: a Place for Mining …...Electrical Supply and Demand: a Place for Mining Cryptocurrency Tanya Smith, MSc Chief Executive Officer Meet the Team Sophie

Meet the Team

Sophie the Real CEO

Micah Smith, P.Eng.Chief Operating Officer

Adam D’Arcy, B.A.H.Chief Marketing Officer

Ron Hankewich, P.Eng. MBA, CFAChief Research Officer

Amer Abu-Khajil, MBADirector of Community Engagment

Cam TaylorCrypto Advisor

Peter Schober, P.EngDirector

www.bioresearch.caSunshine Coast, BCOffice: (604) 741-1118

Page 3: Electrical Supply and Demand: a Place for Mining …...Electrical Supply and Demand: a Place for Mining Cryptocurrency Tanya Smith, MSc Chief Executive Officer Meet the Team Sophie
Page 4: Electrical Supply and Demand: a Place for Mining …...Electrical Supply and Demand: a Place for Mining Cryptocurrency Tanya Smith, MSc Chief Executive Officer Meet the Team Sophie

Global estimates of crypto mining electricity use

2018 6,000 MW

2023 30,000 MW

Page 5: Electrical Supply and Demand: a Place for Mining …...Electrical Supply and Demand: a Place for Mining Cryptocurrency Tanya Smith, MSc Chief Executive Officer Meet the Team Sophie

Environment

Land

Disaster Risk

Climate

Air

Policy

Tech friendly

Ease of doing business

Infrastructure

Power Supply

Telcom

Transportation

Labour

Security

Cost

Construction

Land

Electricity

Personnel

Page 6: Electrical Supply and Demand: a Place for Mining …...Electrical Supply and Demand: a Place for Mining Cryptocurrency Tanya Smith, MSc Chief Executive Officer Meet the Team Sophie
Page 7: Electrical Supply and Demand: a Place for Mining …...Electrical Supply and Demand: a Place for Mining Cryptocurrency Tanya Smith, MSc Chief Executive Officer Meet the Team Sophie

BC HydroTime of Delivery Pricing

HLH (%) LLH (%)

January 125 106

February 126 110

March 114 106

April 103 95

May 92 76

June 90 72

July 91 72

August 95 81

September 96 88

October 108 97

November 109 102

December 122 102

Page 8: Electrical Supply and Demand: a Place for Mining …...Electrical Supply and Demand: a Place for Mining Cryptocurrency Tanya Smith, MSc Chief Executive Officer Meet the Team Sophie
Page 9: Electrical Supply and Demand: a Place for Mining …...Electrical Supply and Demand: a Place for Mining Cryptocurrency Tanya Smith, MSc Chief Executive Officer Meet the Team Sophie

The Crypto Advantage

• Perfect load

• Highly interruptible

• Solid baseload demand

Page 10: Electrical Supply and Demand: a Place for Mining …...Electrical Supply and Demand: a Place for Mining Cryptocurrency Tanya Smith, MSc Chief Executive Officer Meet the Team Sophie

How can we make this work?

• Incentives

• Open analysis and consultation

• ???

Page 11: Electrical Supply and Demand: a Place for Mining …...Electrical Supply and Demand: a Place for Mining Cryptocurrency Tanya Smith, MSc Chief Executive Officer Meet the Team Sophie

Thank You

Tanya Smith, CEOwww. biresearch.ca

www.mpwrsummit.ca(604) 741-1118

[email protected]