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“Link Global CEO Stephen Jenkins told Gizmodo that this is pretty normal, and the secret-borrowing part was just a side effect of navigating a difficult regulat

by quotz 5y ago

“Link Global CEO Stephen Jenkins told Gizmodo that this is pretty normal, and the secret-borrowing part was just a side effect of navigating a difficult regulatory landscape. “We run on abandoned gas sites and have been working with the utilities commission to bring them into compliance,” Jenkins said, adding that compliance has been “our main challenge as bitcoin mining is new to the energy regulatory framework and going first can be hard sometimes.” He said the company has “learned a lot” and will apply those lessons in the future.” Well this is quite important rather than just the clickbait title

dundarious 5y ago
That's a particularly credulous take, given the circumstances. You can't just gesticulate and say, "regulations, eh?", and get away with theft. > The neighbors convened, CBC News reports, and discovered that Link Global had not notified anyone, not even the public utility commission or the well’s owner Maga Energy. Taking without telling the owner—stealing, in other words.
- quotz 5y ago
  I assume with a good legal team that he can probably afford, they would not advise him to state what he did since he could incriminate himself further. The situation is probably not that serious for him to be stating that in public. Or hes crazy.
  - dundarious 5y ago
    Beyond the implicit admission that the power plant did indeed operate, and that there is a “disagreement” about the legitimacy of its operation, saying “it’s just a big misunderstanding” is not self-incrimination. I think that’s a weak argument with some large logical leaps, and it certainly does nothing to indicate this article was clickbait.
  - JamisonM 5y ago
    I wouldn't assume they have a good legal team, its a penny stock with a market cap that is almost eclipsed by the fines they are facing from Alberta regulators.
  - speedybird 5y ago
    If the allegations are true, I think crazy goes without saying.

by quotz 5y ago

dundarious 5y ago

That's a particularly credulous take, given the circumstances. You can't just gesticulate and say, "regulations, eh?", and get away with theft. > The neighbors convened, CBC News reports, and discovered that Link Global had not notified anyone, not even the public utility commission or the well’s owner Maga Energy. Taking without telling the owner—stealing, in other words.

quotz 5y ago
I assume with a good legal team that he can probably afford, they would not advise him to state what he did since he could incriminate himself further. The situation is probably not that serious for him to be stating that in public. Or hes crazy.
- dundarious 5y ago
  Beyond the implicit admission that the power plant did indeed operate, and that there is a “disagreement” about the legitimacy of its operation, saying “it’s just a big misunderstanding” is not self-incrimination. I think that’s a weak argument with some large logical leaps, and it certainly does nothing to indicate this article was clickbait.
- JamisonM 5y ago
  I wouldn't assume they have a good legal team, its a penny stock with a market cap that is almost eclipsed by the fines they are facing from Alberta regulators.
- speedybird 5y ago
  If the allegations are true, I think crazy goes without saying.