instead of a power purchase agreement right or instead of a rental agreement could you expand on the difference between generation stability and management and optimization of a power solution and how you're thinking about this

Yeah, certainly in this sort of environment with the sophisticated level of compute that's being put to work inside these server halls, we have to deliver power that is within some very, very tight tolerances for both voltage and frequency.

The challenge with that is the load is not stable.

The load fluctuates very, very meaningfully over very short periods of time.

Depends on the type of data center it is and the type of work being done there.

Training and inference look different from a load standpoint.

But in the worst of those cases, you could see as much as a 70% fluctuation in load over milliseconds.

Are there pros and cons to this? Is there an education process to your investors? How do you view that as a differentiator in the market?

You're solving problems constantly, and that innovation cycle, I think, is, you know, prevalent within the industry, but I think just I see it in much more profound ways and more quickly, I think, with Liberty.

It certainly, as an engineer, it's, it's one of my favorite things to talk about.

I don't get to dive way into the weeds in that stuff so much anymore, but I love to see what the Liberty team is, is doing.

As, as you think about delivering service out in the field, of course, service quality, the humans are at the tip of the spear, but supporting them with great technology is critically important, and particularly when it comes to addressing challenges that our customers might be facing that are impeding them from, uh, from growing their businesses or being able to do what they need to do.

You highlighted noise as one of those situations in Colorado.

We were in, we were in places where we were working five hundred feet from people's backyards, and our operation is a large industrial one that takes place twenty-four seven, three sixty-five.

That impact is, is real, and, and it's important to, to hear that, to understand that, to recognize that, and then do all we can to mitigate those impact.

How, how does that affect, um, anything that you're seeing kind of half a world away in terms of Liberty's operations or energy costs, or how would you help people who aren't in your industry think about these issues?

Do, do you buy that as a strategic argument?

That's an interesting one to me.

I, I could certainly see some case being made for that, but, but I think as you've said, China's a relatively wealthy country, and their ability to access crude oil I think not, not hugely changed by the outcome in Venezuela.

I, I think they find that crude elsewhere.

Brazil has become a big supplier to, to China now.

I think we've seen that supply chain grow meaningfully over the last, uh, over the last little while.

So there are always other ways, I think, to get crude oil for those who, who have the economic wherewithal to do so.

What sort of energy do you think is most appealing to these unlucky seven billion, and how do you think they're gonna engage moving forward decades ahead?