Hiveon Energy CEO Andrii Garanin on shifting energy needs in the bitcoin mining space
Hiveon Energy is making waves in the energy sector by providing innovative solutions for managing energy consumption in data centers and mining operations. In a recent discussion, Roundtable anchor Rob Nelson sat down with Andrii Garanin, CEO at Hiveon, to delve into the company's mission and services.
Nelson kicked off the conversation by asking about Hiveon Energy. Garanin explained that Hiveon Energy emerged from Hiveon's success in managing over 5 million devices globally in the GPU space. With a background in engineering and developing large-scale assets, Garanin joined Hiveon to focus on optimizing energy usage and revenue generation for data centers and miners.
Hiveon Energy specializes in helping asset owners maximize their profits by improving their energy strategies. They assist in demand response, frequency regulation, and other energy market services. Garanin emphasized that their approach is holistic, analyzing energy procurement, forecasting prices, and considering the energy mix of each region. By providing real-time data and comprehensive models, Hiveon Energy empowers asset owners to make informed decisions and enhance their operations.
Nelson questioned about how Hiveon Energy collaborates with large publicly traded miners. Garanin clarified that their services are both broad and granular. They assist in selecting optimal sites for new operations, modeling energy procurement, and implementing efficient energy management systems. The goal is to provide asset owners with detailed data and control, ensuring energy efficiency and profitability.
As the interview concluded, Nelson noted the significance of a data-driven approach in today's energy markets. He praised Hiveon Energy for its innovative solutions that combine energy management with digital asset mining, offering a captivating glimpse into the future of the industry.