Synota

Synota is a cutting-edge financial technology company specializing in providing enterprise-grade settlement solutions for bitcoin miners and mining hosts. Operating in the transactive energy market, Synota offers a seamless platform that integrates with legacy systems to facilitate daily settlement of energy and hosting agreements. The platform allows miners to pay in bitcoin while suppliers receive payments in dollars, ensuring a smooth and efficient transaction process. Synota's business model revolves around automating the entire transaction lifecycle, from meter readings to cash settlements, thereby eliminating intermediaries and reducing the risk of fraud. The company generates revenue through service fees associated with its automated billing and payment solutions. Synota serves a niche market of bitcoin miners and energy suppliers, offering them real-time insights for effective risk management and intelligent credit and collateral monitoring. The platform's peer-to-peer transaction capability ensures that all transactions are 100% verifiable and auditable, providing a high level of security and trust. By leveraging the Lightning Network, Synota enhances the utility and growth of bitcoin in the mining industry, delivering unparalleled programmability and scalability.

Keywords: bitcoin mining, settlement solution, transactive energy, automated billing, peer-to-peer transactions, Lightning Network, risk management, real-time data, energy agreements, financial technology.