Lancium In the News

BLOG: Demand Response in ERCOT: Controllable Loads Vs. Non-Controllable Loads

November 21st, 2022

By Shaun Connell One of the biggest expenses for large industrial businesses is the cost of power. Companies are continually looking for new ways to cut power costs and save money. Many large industrial power users enroll in demand response programs that pay customers to cut their power usage to help ensure the stability of […]

Blog: Looking Back At How Bitcoin Miners Helped Support the Grid This Summer

November 2nd, 2022

by Shaun Connell With all eyes on the Texas grid this summer, the state’s growing bitcoin mining industry received scrutiny on how their operations might affect the grid. Understandably, the industry’s significant energy usage raised questions for a grid that has been challenged in the past.  Some promised catastrophe, and others thought bitcoin miners might […]

HPCWire Talks with Lancium Compute President About how Lancium is Changing the Way We Look at HPC and the Energy Transition

August 2nd, 2022

  With HPC demand ballooning and Moore’s law slowing down, modern supercomputers often undergo exhaustive efficiency efforts aimed at ameliorating exorbitant energy bills and correspondingly large carbon footprints. Others, meanwhile, are asking: is min-maxing the best option, or are there easier paths to reducing the bills and emissions of modern HPC? One such party is […]

Abilene Reporter News Highlights Progress on Abilene Clean Campus

August 1st, 2022

Lancium, a Houston-based company that expects to invest around $2.4 billion in Abilene over the next five years, has big plans, representatives told Kiwanians at a lunch meeting Thursday. Those include making the area the company’s “flagship” as it attempts to balance the state’s energy grid and encourage development of renewable power. Espen Johansen, senior […]

Fort Stockton Facility Aims to Boost Renewable Energy

June 21st, 2022

As the epicenter of US energy, the Permian Basin leads the nation in crude oil and natural gas production. But that epicenter also contains significant production of wind and solar energy, and that’s drawn companies like Lancium to the region. Houston-based Lancium is a technology company that creates software and intellectual property solutions that enable […]

Can Crypto Become a Leader in Sustainability?

June 6th, 2022

The World Economic Forum recently highlighted Lancium’s unique solution for helping to decarbonize and stabilize the power grid. Increased flexibility is key to building the grid of the future. Read the full article here: https://www.weforum.org/agenda/2022/06/crypto-sustainability/

Bitcoin is Set to Reshape the Texas Power Market

May 27th, 2022

A recent article by Wood Mackenzie‘s Ed Crooks explains how Lancium’s proprietary Smart Response software is helping stabilize the power grid using #bitcoin and computing applications while growing renewables. Read the full article here: https://www.woodmac.com/news/opinion/bitcoin-is-set-to-reshape-the-Texas-power-market/

CleanSpark reports monthly production of 313 bitcoin in April 2022,with calendar year production at 1,211

May 5th, 2022

CleanSpark Inc (NASDAQ:CLSK) has released its unaudited bitcoin production and operations update for the calendar year-to-date ending April 30, 2022, which showed monthly production of 313 bitcoin (BTC). The company said its calendar year-to April 30, 2022, production was 1,211 BTC, with total BTC holdings as of April 30, 2022, at 448, and total BTC converted […]

ERCOT, Market Participants, and Bitcoin Miners Become Acquainted at Second Task Force Meeting

April 29th, 2022

The second meeting of the Electric Reliability Council of Texas’s (ERCOT) Large Flexible Load Task Force (LFLTF) facilitated an opportunity for ERCOT, ERCOT market participants (MPs), and bitcoin miners to get to know one another through educational presentations and dialogue. Over 250 participated in-person and virtually. ERCOT began the event by providing a detailed overview […]

Eco-Friendly Crypto Mining is EXPLODING – Panel Discussion on Mining Bitcoin With Renewable Energy

April 12th, 2022

Eco-friendly mining operations are exploding, earlier today at Bitcoin 2022 this panel of industry members discussed what’s been done, and what’s in the works… Featuring William Szamosszegi (CEO of Sazmining), Spencer Marr (Founder, Sangha Systems), Shaun Connell (Executive VP, Power, Lancium), Emma Todd (CEO, MMH Data Systems), Margot Paez (Fellow, Bitcoin Policy Institute) Video Courtesy […]