Post: GridBeyond joins Texas BlockChain Council to digital asset sector

GridBeyond joins Texas BlockChain Council to digital asset sector

GridBeyond a world leading technology player for managing distributed and flexible energy resources has joined the Texas BlockChain Council to support Bitcoin miners and the digital asset sector to maximize their revenues and help to deliver a net zero future while supporting the ERCOT grid.

The Texas BlockChain Council promotes blockchain technology initiatives such as Bitcoin mining that drive growth and benefit the ERCOT market through the use of renewable assets and Demand Response Services.

Using AI and Robotic Trading combined with the expertise of its trading experts and Data Scientists, GridBeyond’s Services help businesses to take their energy strategy from passive purchasing and consumption to active energy management and trading

Demand Response can help Bitcoin miners to optimize the consumption of electricity needed to power miners, support the grid during peak energy demand and lead to lower energy costs.

GridBeyond offers a suite of services that help miners to support the grid and make it more efficient while maximising revenues, reducing carbon emissions delivering a net zero future. 

GridBeyond has recently launched a suite of products including Bid Optimizer, which combines best-in-class price, demand, and generation market forecasts with simulation of a range of trading strategies and market outcomes. This enables the exploration of various trade scenarios and quantifies the probabilities involved in making projections. In addition, users can create/customize their own trades and view trading history and comparisons against perfect foresight through the cloud-based interface, ensuring transparency and ease of reporting.

Joe Hayden, GridBeyond VP of Revenue said: 

Lee Bratcher, Texas Blockchain Council President said: