Why Scandinavia Is Bitcoin Mining's Next Frontier w/ Lukas Pfeiffer
About this episode
Jesse interviews Lukas Pfeiffer about Bitcoin mining in Scandinavia and the innovative revenue models for miners in the region.
🛠 Sponsored by:Luxor, Mining software, firmware & hashrate toolshttps://luxor.tech/Altair Technology, ASIC hardware, replacement parts & mining infrastructureCode: HASHRATEUPhttps://altairtech.io/aff/125/🔗 Links from this episode:Gridmetry: https://gridmetry.comLukas Pfeiffer on LinkedIn: https://www.linkedin.com/in/lukas-pfeiffer-/In this episode of HashrateUp, Jesse sits down with Lukas Pfeiffer, CEO & Co-Founder of Gridmetry, to break down how Bitcoin miners in Northern Europe get paid to be flexible loads on the grid.Lukas explains Gridmetry's flexibility-as-a-service model: qualifying miners for grid balancing markets, connecting steering software to site infrastructure, and running pre-qualification tests with regulators. Once live, miners can earn up to three separate revenue streams from a single megawatt hour — a 24/7 capacity fee for standing ready, payment for consuming power during negative price events, and Bitcoin mining itself. For some clients running older S19-class hardware, only 10% of income now comes from mining, with the rest from load balancing — at gross margins in the 60-70% range.The conversation covers what it takes to qualify for FCR…
Sponsors
Luxor, Altair Technology
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