Ep. 53 Lightning Payments for Utility Companies with Synota

Hey everyone, welcome to this week’s release of the Watts & Blocks Podcast, powered by Giga Energy.

This week on the show I had the pleasure of sitting down with Austin Mitchell the CEO and Co-Founder of Synota.

This show is a slightly unique spin on our usual programming, we do a full deep dive on just Synota because they are the payments infrastructure that is allowing both bitcoin miners and utility companies work together.

We go deep on what the problem is for utility companies with the cash lag of settling payments as much as 70 days past the consumption time and we talk about how Synota is quickly helping alleviate the collateral requirements for customers which can be up to as much as 3 months worth equaling hundreds of thousands of dollars to sometimes millions.

Austin is super well spoken and does a great job walking us through the payments infrastructure future for bitcoin miners and utility companies, and at the end he says he hopes we flood his Twitter DM’s so if you have any questions at all go hit him up!

You can find more about Synota at: https://synota.io/

You can find more about Synota on LinkedIn: https://www.linkedin.com/company/synota/

You can find more about Synota on Twitter: https://twitter.com/Synota_

You can find Austin Mitchell on Twitter: https://twitter.com/aisaacsmitchell

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bitcoin, cryptocurrency, mining, energy consumption, renewable energy, sustainability, power grid, blockchain, technology, innovation, business, finance, investment, climate change, environment, energy efficiency, electricity production, utility companies, power companies, energy industry