Topic: Initial Financing for Mining Farm Project (Read 1722 times)

DireWolfM14, I will lock this topic, and I’m unlikely to reopen it. The only thing we agree on is that continuing this discussion is pointless. I have explained many points. The problem is that most of the people who responded to me are so entrenched in their beliefs that they don't take my arguments into consideration, even though they don't provide any in return.

You don’t know how this idea and the future offer actually came about, so there's no need to fantasize about it. What you described is as far from how it actually happened and is happening as my life reality is from the reality of those who "opposed" me.

Acknowledging my shortcomings and knowing my limitations are definitely not confined to what people continue to tell me on this forum. I will not address any issues here anymore, as I don’t see the point. Even when we manage to do what we planned, the forum will continue to perceive people like me as those who can be ridiculed, mockered and dragged through the mud.

I have no intention of sending any private messages to Vod. I highly doubt that Vod has any semblance of a better nature. Judging by the comments in his profile, I’m far from being the only one who has been the target of his abuse, false accusations, hate, and his attempts to stop a scam. I won’t humiliate myself before such a person by asking him to remove whatever he’s got in his head. It’s pointless, because he can do the same at any moment. You should never give in to a blackmailer, because he will always exploit that position. It’s the complete opposite of the freedom I set out to achieve.

I don't want this to come off as being mean, but you really didn't explain anything and only dug in your heals to defend your position.  As you can see from the other replies here, this is only going to get worse.  Continuing to hold on to this fantasy is not making it better.  

The reason I removed my tag and locked the Reputation thread is because I felt sorry for you after our private discussion.  I don't want to jeopardies your ability to earn on this forum.  The only thing our discussion in the Reputation board accomplished is that many saw you as a dreamer who is not to be taken seriously.  Your proposal may have sounded good in your head when you and your friends were sitting around, drinking beer, dreaming of ways to improve your situation.  But believe me, you are not the type of person that a real businessman would take seriously.  This is not the type of proposal that warrants the investment you are requesting.  All you and your friends have accomplished here is to open yourself up to ridicule and mockery.  Acknowledging your shortcomings and knowing your limitations is the only way to improve in life.

Again, I'm not saying this to be mean or to hurt you, but rather to help you recover from this.  Abandon this fantasy, lock this thread, and appeal to Vod's better nature in a PM.  You never know, he may remove the tag he left for you.  This may not be the advice you want, but it's the best advice I can give you and I'd give this same advice to my children if they were in your position.

If you are able to find the necessary plot of land in the Scandinavian countries, preferably Norway or Finland, with a price lower than 5 euro cents per kilowatt, please send me a private message. We will check the plot, and if it turns out to be suitable, we will pay you for your work.

Starting such a venture in Romania is almost the same as starting it in Ukraine. Western investors have no trust in these countries. The legislation there obviously does not work for everyone, it is selective. We avoid this, it's not our way. Moreover, Romania does not differ in energy capacity or a favorable investment climate.

Well, a bit too late for this but you did start this the wrong way!

Maybe to avoid the usual initial backslash the first thing was to consult on veteran members in the mining section, and then start talking about a plan to raise those funds, so not only you would have the backing of a sound and generally accepted plan but you wouldn't look like straight to the money thing!

I'm more interested in the mining thing than the whole mumbo jumbo about fees and meeting trips and so on, so I'm genuinely curious about a few things
- you are willing to pay thousands for advice on everything from electricity prices to setting up an LLC but you went straight for a model of miner, and you're not planning on spending a dime on an actual business plan, moreover, you start with this:

No, let's just not go this way!
-
if you have a 40 million business in mind and the best you can get is in the 5.5 cents then I can tell you right from the start, don't!

Now a word of advice for someone who has actually been around Europe talking to suppliers from farming equipment to pesticides to negotiating 10 cents on the kilo for meat with intermediaries, your costs are overblown, definitely out of what it should be normal for any start-up, you're dumping thousands when the two mining businesses right now are about cutting every single penny in two before spending it.


This is what I call wasted money, you had to go to Romania to find out a thing everyone here has known for half a decade, you could have asked Mikey about running a farm in the ME, a guy that has managed to keep those damn miners up and humming in +40C for a decade, but you went and spent not only $5k but also precious time for nothing.

I know that you have to spend money to make money, but not like this!

I did not read the whole story but when I made my last post it was unlocked obviously.

I don’t think that Vod`s personality deserves such disproportionate attention that an entire separate thread should be created to discuss his groundless accusations. I understand your logic, and indeed, it might seem that the issues I raised in the last two posts are unrelated to the main topic of discussion.

However, I specifically posted them in this thread because Vod's accusations are directly related to the subject of this discussion and refer to it as well. Moreover, the prospect of having his red tag removed from me is tied to providing some information (addressing issues) in this very thread (what kind of information—Vod didn’t specify, of course). So, it makes sense to continue this discussion here.

Additionally, creating a separate thread in "Reputation" wouldn’t have attracted Vod’s attention, since he ignores my posts. Perhaps it would have attracted other users who weren’t aware of where this issue originated, but they would still have had to familiarize themselves with this thread if they intended to base their judgments on what was going on, not just their opinions.

I really learned a lot from this whole long story, but it wasn’t useful information, especially from Vod. He hasn’t provided any information during all this time—only bare accusations and personal opinions based on his experience, to which no one else has access. I don’t consider the discussion useless, but to be honest, it mostly left me with negative impressions.

Suppose you think this matter has not been discussed enough, and you possibly have specific complaints about a user. In that case, it is probably better to open a discussion in the Reputation board instead of unlocking this topic. Indirect name-calling through some other contest is not the best solution, nor is any kind of belittling, so some direct discussion is a better choice. If there is a reason for that, and obviously there is, consider the reopening of this thread.

As for your initial idea and project for which you started this thread, I believe that you received enough feedback through this and that other discussion (also in the reputation board). From that side, I understand why you locked this topic.

I won't go into the story about your business idea again, but I think you got a lot of useful information, even if it was from Vod, you just need to recognize it and possibly use it if the project really starts to be implemented. So the whole discussion is certainly not useless.

It seems the only thing left to do with Vod’s reactions is to ignore them. The tag reference looks juvenile and childish not only on DrBeer’s account, but on mine as well.

Vod thinks he can ruin other forum members’ reputations simply because he feels like it. And that the victims of his baseless accusations will squirm, trying to find ways to address issues, which Vod will ignore anyway. If it’s not about a constructive desire to deal with the matter but just about showing some kind of power, which, (if it even exists at all), is sustained by the very forum members Vod discredits, then there’s no guarantee that Vod will remove his tags, even if he reads something well-reasoned.

I could leave the exact same red tag for him, but I’m not going to stoop to that level and degrade myself with such actions. Any reasonable users already understand what Vod is like and how he forms his ‘judgments,’ if they can even be called that. So even without my tag, it’s clear to those people that it’s better not to deal with Vod or trust his comments.

Those who don’t understand this can engage directly with Vod and experience it firsthand.

I think there are also users who see the strength of my arguments and the complete lack of them from Vod, but are afraid to say something to avoid being labeled as well. Well, congratulations to Vod for creating the image of a stubborn, error-denying, and spiteful person whom people try to avoid just to escape problems. Probably, living with that realization feels great.

Because of Vod’s whims, I broke my promise and was forced to unlock this topic. But once again, I want to emphasize that this was done solely in response to Vod’s red tag, not with the intention of continuing to seek initial investment here on the forum. I repeat, after all the hate and judgment I’ve faced over the past two weeks, I have no desire to find someone to collaborate with on my issue among people, who give credit to Vod‘s references.

This is strange. I am reading the post from the reference in the tag left by Vod. Since the tag reference does look like a childish reaction to me, I am going to ignore it.

I thought I had clearly explained my position, but apparently not everyone is capable to get it. I had the intention of closing this topic, which I did, for reasons that I explained in the post above, and which emerge from the discussion in my topic and in the topic in the "Reputation" section, created by DireWolfM14. Therefore, I don't quite understand this comment by Vod, he left me, tagging my account for the second time.


Moreover, the question arises, what does me containing to work on the project have to do with this forum? I have already made it clear that I am not going to continue searching for an investor here, because I do not think that I will find like-minded people. So this "noble" warning is absolutely useless, because I have already said earlier that I have no desire to cooperate with those who allow themselves such communication, which I have had more than enough of in the last two weeks. But this does not cancel my intention to work on my own project. And it is not for Vod to tell me that I have to report to him here.

The second question to the one living in his own world of constant scam stopping, is why he expects from me addressing some issues, moreover, which issues   (concretization has always been his blind spot), if he ignores what I am writing?


How exactly are you going to find out what I will tell in the future, if I was going on ignore?

In general, it looks like revenge for the fact that I put ~ in front of his name. Which is absolutely justified on my part, because his judgments I personally cannot trust. And this action only confirms this. That is why the custom Trust List exists!  And instead of doing the same to me, namely, expressing distrust of my judgments, he decided to write a negative review, the grounds for which not only have not increased since his last negative comment, but on the contrary, there are much fewer of them (if we make the assumption that there were any at all, although this is not the case), since there was a large discussion, where many members of the forum, who clearly have no less regalia than Vod (at least they should represent some significance and authority for him, if I do not) expressed their opinion about the fact that the situation with my offer does not deserve a red tag. And the topic was even closed by the OP. But Vod ignored this, sticking to his style.

After seeing the main reaction from the forum members who responded to my thread, as well as the thread in the “Reputation” section, I realized that no one, except for DrBeer, believes in my project. I don’t think it’s as hopeless as many have described here, so I will continue to work on the project with a team of people who are just as committed to its realization as I am. I am grateful to those who didn’t label my proposal as a scam. I am closing the thread to avoid creating false impressions, which are obviously being formed for the majority of the community.

I never intended to deceive anyone or withhold invested funds. However, it’s clear that my proposal has created that impression here on the forum, though I don’t understand why.

I will provide an update once the project is realized to dispel any remaining doubts. I have confidence in my team, our calculations, and our abilities.

Thanks for your reply.

I see no intention to scam here. Probably naivety and ignorance of how things work but if it is a project that you have as a dream it is legitimate to pursue it. Surely in the middle of that catastrophic war you have dreamed of something big as a way out, and I respect that.

As I was saying, and as others have said, I see close to 0 the probability that someone will lend you the money, apart from the arguments we have already said, because in this case you talk about the work you have done and the money spent but after a year you are not earning money, you just have started the project.

I am going to withdraw from the discussion, because I am a bit fed up with dramas lately, and I wish you luck with your project.

I suggest you read carefully the previous three pages. I find it humiliating to answer the same questions over and over again. If you didn't even bother to look through my previous answers, what is the point for me to answer your questions, which were already asked by several users before you? If you really have some desire to discuss me offer, and not just to write something to mark yourself in this topic, then ask something that is relevant for the project itself.

Yes yes yes yes 



The only thing you've definitely accomplished is to show everyone that you're a waste of space, and you're complex, envious and stupid  With this I congratulate you !  

In case you don't find a Main Investor for $40,000,000, how do you pay back $172,500 after a year?How will you get this money in a year, considering you don't have the money to fund your project now?Where are your personal funds now?

A lot has been described by a third, unbiased party, DrBeer, whom we only met on Monday. Therefore, I find it necessary to quote excerpts DrBeer made after familiarizing himself with our project. This speaks much more about the development level of our project, as it is not us speaking about ourselves, but another person who, like everyone else, saw this project for the first time less than a week ago.

But I will add more specifics and numbers.

How much we spent over the year and on what:

1.   Consultations with a legal advisor: $3,000
What’s included:
o   Legal arrangement of relationships with investors
o   Tax systems of countries where the company could be established
o   Legalization of cryptocurrencies in these countries
o   Advice regarding economic entities (GMBH)
o   Reviewing NDAs and other legal documents

2.   Consultations with technical advisors, energy market representatives, and visits to operating crypto farms
NB! It's important to note that part of our team has already built a crypto farm, but with an air-cooling feature. So, we needed discussions with those involved in immersion and water cooling farms—practically, not theoretically. This information cost us $10,000, including farm visits and flights (for two team members, who are currently not in Ukraine, and thus, can travel).

Also one of the team members traveled to the UAE (March 2024), Romania (June 2024), and Italy (May 2024). The trips across Europe cost $5,000 because he had a car at that time (fuel costs not included, though they are significant).

o   UAE: Looked for potential locations. Studied how the environment affects the cooling system. Learned the conditions for establishing a company ($2,500 for flights, accommodation, and consultations).
o   Romania: Researched the use of solar panels for energy supply to crypto farms (conclusion: they are not suitable).
o   Italy: Investigated the possibility of building a crypto farm near a hydroelectric power station with a fixed electricity price (rejected due to complex government contracts).

3.   Consultations regarding the FRR market: $2,500

4.   Paid a person working in Wealth Management in Zurich, who provided information on the proper bureaucratic submission of the project proposal for attracting the main investment. Specifically, the methodology for correctly presenting the project. Of course, this does not guarantee that this Wealth Management firm will be the one to fund the project ($1,500).

5.   Consultation on the construction of an energy substation ($1,300)

A total of $25,800 was spent on all of this. This is in the context of war, the constant threat to life, and the economic crisis in the country. Additionally, this accounts for the fact that four people have been working entirely pro bono during this time. If they had been paid for their daily work, we would have added another $30,000 to that amount.

Another scam stopped by Vod.   

 

Re-read your posts, it's clearly time for you to come clean !

I have never seen people so stupidly “leak” themselves with their own statements as you have ! 

What have you done in a year? Tell us how much you have spent and what you have achieved without external funding.

ROFLMA!         

You know that saying that every accusation is an admission of guilt?  Yeah, I think it's far more likely that you and the OP are alts, but I don't give a shit.  Anyway good luck convincing the community that I'm Vod's alt.  Nevertheless, I'll take the compliment.  Thank you, thank you very much.