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Author Topic: Re: [GLBSE] [Bakewell] - Monday Sept 3 2012 12:00  (Read 338 times)
ianbakewell (OP)
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August 30, 2012, 06:01:58 AM
Last edit: December 12, 2012, 07:42:10 PM by ianbakewell
 #1




I am willing to certify in the form of a PGP-signed message the following, but request that you add it to the thread:

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

Ian,

In response to your request, according to my records, on or about 8/10/2012, I shipped a silver coin with the following bitcoin address:

1AgGV93tih4zorjzm13atJfs7ecfLnewPn

To the following address:

Ian Bakewell
#408
9903 104 Street
Edmonton Alberta T5K 0E4
Canada

Mike
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v2.0.17 (MingW32)

iQEcBAEBAgAGBQJQWOD3AAoJEFou6PHxF1ojKT8IAJEMw8BIFsSIO/VnKhl2iJRO
DQZUdNdeQjuxm5/P+IXunGHUPmbNYNWbHaoG2dl5VVJTyf5UvEE4AS03KZsBp5qD
KilFPsRd1ElcLdls3nBpsX+CCXgUEWFrd4J+aoltSla77JOXCdymAadMP801Ru/H
ha6sP3Q+mKs0Ekx/PebBIVARv3xBaxjCilrpruB/Dh3wahDv/4KQ+/TqZ1N6dXTb
TXOkvXRnAwcgsJK3WHZ64Qn65VKIiOBvBF4104jnWw37JD6tVw1Zy58/O5BQ3rwr
eEmcezx8OvVaBh+xte/gfhzlyYji4ywbkIdGYhr6maQM2WcNTOaFabm5vVlKJXA=
=GdHy
-----END PGP SIGNATURE-----
It turns out Ian and I are neighbours, so we met over a drink and had a chat about lots of things, including his business and Bitcoin in general. I feel it's a good idea to share my impressions and thoughts, so here they are:

  • Ian looks exactly like the guy from the picture above, minus the sock on his head. Not even a tinfoil hat. Make of it what you will.
  • He knows what he is talking about, and he does his homework. Specifically, we discussed in some detail the mining rigs and software, pools, networking, digital commodities, and legal aspects of his operation.
  • His operation has a significant competitive advantage in terms of cost of electricity - right now it is absorbed by a huge apartment complex, and even if he decides to start a stand-alone farm, the price in Alberta is presently $0.05-$0.09 per kWh.

Disclaimer: I have no conflict of interest to declare at this moment, as I do not own any shares yet. However, I am considering an investment.
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