VP Business Development, Upstream Data Inc
Adam discovered bitcoin in the oilfield back in January 2018. Upon learning about its production process, he quickly realized that it wasn't a scam as he had initially thought. Instead, he recognized it as an open and competitive autonomous energy-consumption market. Working as a production accountant in the upstream oil and gas industry, Adam was intimately aware of the wastage of energy (specifically natural gas) by upstream producers through flaring, venting, or injecting associated and waste natural gas. His role involved assisting them in accounting for flare and vent volumes each month.
With his understanding of the economics of mining and deploying infrastructure, Adam discovered the strong synergy between bitcoin and oil and gas production. During his journey in 2018, he came across Upstream Data, the only company actively discussing this concept at the time, and, impressively, they were already implementing it. Adam reached out to the founder, Steve Barbour, and together with his father, they invested in deploying their own bitcoin mine in the oilfield. Due to his comprehensive knowledge of the investment and process, Adam soon attracted the interest of many other oil and gas producers who wanted to venture into bitcoin mining. Consequently, he began assisting them in their endeavors.
As fate would have it, Adam's numerous referrals to Upstream Data eventually led to him being hired full-time by the company to work directly with producers on their various mining projects in the oilfield. Over the past 2.5 years, he has played a crucial role in deploying multiple megawatts' worth of natural gas engines and bitcoin mines. From flare and vent gas to hydroelectric, solar, wind, and on-grid projects, Adam has worked on diverse bitcoin mining initiatives. His unwavering passion for the transparent and competitive energy market that bitcoin creates has driven him to actively participate in bitcoin and oil and gas events. Additionally, he has authored several articles covering topics such as mining in the oilfield and appropriately pricing ASICs in different market conditions.
Adam's unique expertise spans across bitcoin mining, oil and gas, and overall energy production. Inspired by the harmonious relationship between bitcoin and upstream energy production, he is dedicated to shaping the future of flexible load curtailment and energy/power production efficiency processes, leveraging the pre-programmed incentives of the bitcoin network.
With his understanding of the economics of mining and deploying infrastructure, Adam discovered the strong synergy between bitcoin and oil and gas production. During his journey in 2018, he came across Upstream Data, the only company actively discussing this concept at the time, and, impressively, they were already implementing it. Adam reached out to the founder, Steve Barbour, and together with his father, they invested in deploying their own bitcoin mine in the oilfield. Due to his comprehensive knowledge of the investment and process, Adam soon attracted the interest of many other oil and gas producers who wanted to venture into bitcoin mining. Consequently, he began assisting them in their endeavors.
As fate would have it, Adam's numerous referrals to Upstream Data eventually led to him being hired full-time by the company to work directly with producers on their various mining projects in the oilfield. Over the past 2.5 years, he has played a crucial role in deploying multiple megawatts' worth of natural gas engines and bitcoin mines. From flare and vent gas to hydroelectric, solar, wind, and on-grid projects, Adam has worked on diverse bitcoin mining initiatives. His unwavering passion for the transparent and competitive energy market that bitcoin creates has driven him to actively participate in bitcoin and oil and gas events. Additionally, he has authored several articles covering topics such as mining in the oilfield and appropriately pricing ASICs in different market conditions.
Adam's unique expertise spans across bitcoin mining, oil and gas, and overall energy production. Inspired by the harmonious relationship between bitcoin and upstream energy production, he is dedicated to shaping the future of flexible load curtailment and energy/power production efficiency processes, leveraging the pre-programmed incentives of the bitcoin network.
