krobbn's comments

krobbn | 3 years ago | on: Mild autumn weather has sent European gas prices plummeting

"Gas costs €35 per mwh for delivery today, but €110 for a guaranteed shipment in December and €142 for one in February, once heaters turn on."

The market is in contago, if you can find a way to store the gas you can make money buying today and delivering in Dec/Jan/Feb.

You could even take delivery in December if you can find storage and sell in Feb and lock in a spread of $32 today. This is the reason you're seeing so many LNG ships outside the coast of western Europe.

krobbn | 4 years ago | on: Ethereum just activated its ‘London’ hard fork

Think of it this way, if another company announces they're planning to buy a publicly traded company, what happens to the value of the shares?

The price goes up, you've just made it more expensive for yourself to take over the network.

If you were to attempt to take over you'd be better to do so in silence. However, it would be hard to hide that kind of control and wealth when every information on the network is publicly available.

krobbn | 4 years ago | on: Ethereum just activated its ‘London’ hard fork

Computing power is just a proxy for capital/resources. Why not be more efficient and use the capital directly and save power in the meanwhile.

Current market cap of ETH is ~$324B, thus getting 50.1% of ETH would require $162.3B in capital. However, as soon as you start acquiring ETH the price will increase, especially at those large volumes.

It would be insanely hard to come up with enough resources to buy enough ETH in a POS world to take over the network. Never mind the fact that as soon as it's become evident you've taken over the network the value of the network is essentially worthless and you've just destroyed billions of dollars worth of capital in the process.

krobbn | 4 years ago | on: SolarBatteryBitcoin

Nuclear is dispatchable, wind and solar isn't. There is still a chance for a future of nuclear but its more a political game at this point.

We currently use natural gas for this flexibility, which is better than coal, but still a big polluter.

krobbn | 6 years ago | on: New coronavirus stable for hours on surfaces

I don't think there is an easy way to disinfect it, maybe wipe it down with some lysol wipes if you have some. I guess your best bet is to just wash your hands thoroughly after going grocery shopping, and before and after eating.

krobbn | 6 years ago | on: Oslo's Plan to Decarbonize Its Port

Norway taxes petroleum extraction at 78% effective rate as well which primarily goes into the sovereign wealth fund, but also helps subsidize renewables. Norway has also invested heavily in trying to keep the rainforests from being torn down. They're at least trying something, and trying to encourage their own population to become greener, through things like little to no taxes on electric vehicle use, public transit, and so forth.

krobbn | 6 years ago | on: U.S. Wind Turbine Database Viewer

Not as bad as NYC building a 333 mile, $3B transmission line to get hydro power supplied from Canada.

Rather than spending $3B to build out wind or other renewable power locally.

page 1