UnderMine

Business Model Roundtable
2025-02-21 , Event Room

MOD: Cody Harris
Bitcoin mining heat reuse isn’t just a technology shift—it’s a business model revolution. This panel explores how Bitcoin miners can disrupt the heating industry with innovative revenue-sharing models, free or subsidized heating hardware, and new ways to split mining rewards between consumers and service providers. Could this approach create a decentralized, globally distributed mining company? Join us as we break down the economics, challenges, and opportunities of monetizing heat while securing the Bitcoin network.

Nicolas Drouin is the founder of Constellation Heating, a startup with the mission of making Bitcoin mining more accessible to individuals and industrials by focusing on automation, heat reuse and grid integration.

Cody Harris is a freedom maximalist living in Wyoming. Cody and his wife Beth run Citadel Construction, a small construction company specializing in creative remodels and heating homes with bitcoin miners. When he's not busy swinging a hammer or trying to convince fellow freedom lovers to move to Wyoming, Cody can be found rock climbing or trailrunning.

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Troy Cross is a philosopher, Bitcoin researcher, and advisor specializing in energy and mining sustainability. He is a Fellow at the Bitcoin Policy Institute and actively contributes to discussions on Bitcoin’s role in energy markets. As an advisor to Anadro, Troy supports their innovative approach to integrating Bitcoin mining with solar energy infrastructure in California, helping to balance grid demand and improve renewable energy economics. His work focuses on the intersection of Bitcoin, energy, and policy, advocating for mining solutions that enhance decentralization and sustainability.

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Cade's background is centered around aircraft maintenance and systems engineering. He served for 21 years on active duty and retired from the US Air Force. He earned an Airframe & Powerplant certificate, BS and MS in Aeronautics, and then a Master of Business from the University of Southern California before starting Softwarm LLC in the mountains of Central Idaho. Softwarm serves and advises a hashrate heated concrete batch plant, car wash, industrial shops, homeowners, and a hydroelectric facility powered directly by the runoff from Idaho's highest mountain, Mt. Borah