krobbn | 3 years ago | on: Mild autumn weather has sent European gas prices plummeting
krobbn's comments
krobbn | 3 years ago | on: Mild autumn weather has sent European gas prices plummeting
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 | 3 years ago | on: My business card runs Linux
krobbn | 4 years ago | on: Twitch Hack of 135 GB of Data Includes How Much Its Biggest Streamers Make
That can easily be found on a site like proff.no
krobbn | 4 years ago | on: Apple's plan to “think different” about encryption opens a backdoor to your life
krobbn | 4 years ago | on: Ethereum just activated its ‘London’ hard fork
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
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: Goldman seems to be running networking software from 2008
krobbn | 4 years ago | on: South African Brothers Vanish, and So Does $3.6B in Bitcoin Exit Scam
krobbn | 4 years ago | on: SolarBatteryBitcoin
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
krobbn | 6 years ago | on: Oslo's Plan to Decarbonize Its Port
krobbn | 6 years ago | on: Dropping in on Gottfried Leibniz (2013)
Norwegian = Kjeks
Danish = Kiks
Swedish = Kex (Because swedes are weird)
krobbn | 6 years ago | on: U.S. Wind Turbine Database Viewer
Rather than spending $3B to build out wind or other renewable power locally.
krobbn | 7 years ago | on: Show HN: First app I've built. A free World Cup league game