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Thread: Need Energy: Operator, Landman, Engineer(?)

  1. #101
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    Quote Originally Posted by prae View Post
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    $7.1Million in fines?!
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    ...Last thing I want is someone reading my posts and losing their cock over it...
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    Meh, they all look like Jackie Chan to me
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    Which one has best efficacy at enlarging my dank?

  2. #102
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    We know about it.

    Non-technical reference point: https://www.auc.ab.ca/Pages/Bitcoin-...n-Alberta.aspx

    We check a lot of those boxes, though two of them are debatable. Obviously I am biased when I say we are optimistic that we've covered all our bases, but at least we have documented proof of attempting to.

    Lately my hours are spent working on the automation, control, and monitoring side of the mine (keeping it healthy). The business boys are handling the other end.

    Definitely though the Link Global case is going to be precedent setting. This story is spreading like wildfire in the mining community.
    On Sabbatical

  3. #103
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    Hi guys,

    Deployment is still up and running, AER showed up and seemed to have no issues. AUC hasn't showed up yet. We structured our agreement as an operating lease to the O&G Co as an insulating measure. Total payout so far running at 50% capacity is around 3.5 BTC since mid August, roughly 8.5 decs/d (still waiting for them to tie-in their other gas so we can run full throttle). Payout for my end of the project is looking like 8 to 12 months, not sure about the gen guys.

    Working on two additional deployment deals right now and I need some help spec'ing out a sweetening plant. Anybody know some of the better guys to talk to?
    Last edited by themack89; 11-15-2021 at 04:57 PM.
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  4. #104
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    Awesome that it seems to be working out for you. No advice, I don't deal with gas sweetening.
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    I'm not even going to get into it with you cretins

  5. #105
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    Quote Originally Posted by ExtraSlow View Post
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    Awesome that it seems to be working out for you. No advice, I don't deal with gas sweetening.
    It is a lot of fun

    Reading back through the thread before any of this was a reality is interesting. It has turned out to be one of the best investments I've ever made.

    Someone commented on the BTC difficulty and not understanding... I did end up making my own model and step by step calculations of how BTC rewards are calculated and distributed. Modelled it out with assumptions for 80% difficulty growth etc, and then assigned a cauchy distribution I stole from someone's BTC daily returns data to create a monte carlo bull/bear/neutral forecast generator (should have boot strapped it in hindsight). That model is what basically got us initial buy-in, learned a fuck ton this whole process, and everyone pretty happy so far.
    Last edited by themack89; 11-16-2021 at 10:21 AM.
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  6. #106
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    This is awesome to see.

    Per sweetening - go re-purpose the mazeppa plant haha.
    "The most merciful thing in the world, I think, is the inability of the human mind to correlate all its contents... some day the piecing together of dissociated knowledge will open up such terrifying vistas of reality, and of our frightful position therein, that we shall either go mad from the revelation or flee from the light into the peace and safety of a new Dark Age."

    -H.P. Lovecraft

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