Looks like it’s this site here:
https://www.animatedknots.com/poachers-knot
Like you said I’d also a bit hesitant as I’ve seen Amsteel wiggle out and almost no load
To the OP, the only issue I see is rope on rope friction especially attaching the rope to itself, and not using a friction hitch it will move almost constantly as the rope settles. It may be safe the first dozen times but you will get premature wear on you line (your lifeline nonetheless!)
Also you mentioned that you know the knot may come undone but you always check your setup, great but Murphy’s law states the if it can come loose the ONE time you your life you don’t, that’s when it will happen.
My conclusion? Why not buy a lighter ‘biner?
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Figure 8 on a bight girth hitched is still rope on rope. Don’t see a difference with OP’s setup.
A ‘biner’ of any weight is not appropriate in this application because of cross loading. That is why he used the triangle.