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Energy, technology and Web3 meet at Pittsburgh’s Crypto Energy Summit

Founder Thomas Schmaus outlines what to expect from the second annual event on May 11.

At the Crypto Energy Summit 2022. (Courtesy photo)
This is a guest post by Thomas Schmaus, founder of the Crypto Energy Summit. Technical.ly is a media partner of the 2023 event.

Runaway inflation, surging gasoline prices, the bipartisan infrastructure bill, Bitcoin losing 60% of value in six months, the implosion of FTX, a land war and energy crisis in Europe — 2022 presented unparalleled upheaval in the Web3 and energy industry.

The second annual Crypto Energy Summit on May 11 will discuss when greater prosperity, stability and security will appear.

Perfectly situated in the heart of the Marcellus Shale and within an hour of the largest coal mine and wind turbines in Pennsylvania, Pittsburgh is at the epicenter of Pennsylvania’s energy sector. Pittsburgh is also home to a thriving startup scene, and world class universities, colleges and companies. Pittsburgh is literally the spot where energy, technology and Web3 meet.

Here’s what to expect on Thursday, May 11 at the Loft Conference Center in Canonsburg, including insights on both Web3 and energy:

Crypto regulation

Regulators and Web3 executives discuss what government agency should oversee crypto currencies and how the current regulatory framework should be enhanced so consumers are protected, but innovation is not stifled.

Bitcoin mining

Despite a more than 50% decline in the value of Bitcoin and liquidity crunch, the hash rate for Bitcoin mining hit an all time high in 2022. We will hear from three national Bitcoin miners on how they plan to continue to survive and thrive before the next halving in 2024.

At the Crypto Energy Summit 2022. (Courtesy photo)

Web3 investing

NFTS, blockchain technology, augmented reality and artificial intelligence present amazing investment opportunities but they also present significant risk. We will hear from experts on what they think the safest and most profitable bets in the Web3 investment space are.

Hydrogen hub

Hydrogen hubs will play a vital role in reaching climate goals. Our abundant natural resources and skilled workforce mandates PA be chosen for one of these sites.

Blockchain and carbon

The use cases for blockchain are exploding. One of the most exciting is using blockchain technology to create robust carbon markets.

Energy tokens

Digital tokens have many applications in the energy industry. They can be a source of new finance, improve efficiencies in account payable departments, and improve global logistics.

Fun and games

It’s not just educational, it’s fun: Crypto Energy Summit has unlimited coffee, lunch, and a two-hour happy hour. There will also be trivia, scavenger hunts, and a few fun surprises as well.

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