Topic: Initial Financing for Mining Farm Project - page 2. (Read 1722 times)

If your business doesn't require an initial large investment, your story is absolutely fine, it's normal. But for some reason there are a lot of business angels, investment funds and other structures that invest their money in projects that cannot be fully realized without attracting external investment, and this project is just such a project.
For example, I know VERY few people who have 30-40 million dollars   But I know not a few people who invest in other people's projects. I think you are not very surprised by this picture either, and you do not see anything unnatural in it.

1. Preliminary position but quite valid - DireWolfM14 and Vod are the same person ? Well, nature can't produce 2 such similar underdeveloped organisms and bring them together in one forum !
2. the first assumption is that you are frightened and cause panic any words that you do not know, do not understand. For example, not understanding what and how NDA is used, says that you have NEVER created your own business, did not negotiate and did not sign contracts. This makes you angry - people create business, you are not able to, it pisses you off, it shows once again in your life that you are an empty place against the background of most others
3. Immediately answer - yes I have a business both in Ukraine and outside of Ukraine And for a long time. Direction - IT. Tell me what you have ? Well, except for stupid unargumented anger towards the more successful, ie to the majority of people on earth .
4. For all the time of your pathetic attempts to primitively insult the authors of the project and me, you have never asked a single constructive question. As practice has shown - and you are not interested in answers, and it is clear - you are nothing as a specialist in the field, or as people who can create their own business You need correspondence only to realize your complexes. Though in this you look like losers, and primitive ones at that
5. Can you argue at least one point of the work done (see the list above), and bring that it made no sense, and should have been done differently (and describe how). If you can't do that - you will confirm the previous 4 points

I have a suggestion - stop this pathetic “show”, and try to get into the subject and formulate logical questions ? So far you look like cryptlo-clowns, and very unsuccessful

DireWolfM14 and Vod: “Uniquely useless” is your slogan. And this is what your “family crest” looks like  ! No thanks, I developed it for you for free, out of a sense of pity

You did not claim, that’s for sure  

But this guy, who I was referring to, claimed


Writing comprehension is no less important

I never claimed to own 3 businesses, reading comprehension is important.  Regardless, my business is none of yours.  This isn't about me, I'm not the one requesting a loan.

And, yes, when I was starting businesses I worked for my future.  No one paid me.  It's called deferred gratification.  In this case, it's the opposite of entitlement.

So DrBeer's mental illness is triggered when more successful people offer him advice.    I guess he cannot speak to me directly anymore, but I've made my point 

Let’s assume for a second that you are an owner of 3 successful businesses.


I don’t know where you’ve read that for 150 000 $ somebody will sit around and dream how to spend
40 000 000 $.
Maybe, that is the methodology that made you the owner of 3 successful businesses.


Why don’t you work for free?
If your 3 successful businesses are made by non-paid labor, it is a pity.


Well, then you should concentrate on your business and do not intervene in others


What did you bring on the table except accusations?
Nothing


Maybe if we choose to make a “successful business”, we should hire you to consult us. I think you can do it also for free

If you open 4 successful business with mining facility with your own money - let us know. So we can look through your budget and expanses in details with the devotion of yours


Parody level humor - communicating with such individual as you
If you so disgusted with our project and the idea that to do some things - there must be payment, than I ASSUME that you completed comedy duo with another “respected” member of this forum who consumes Pierogi

Let's assume for a second that you're intentions are real:  Why should I give you $150k to sit around and dream about how to spend $40 million?  Why don't you do that for free?  It's as if you want to start a business, but you want someone else to pay you for the time it takes to do the research and the legwork.  That's now how things work.  If I'm the one with the money and I hire a team to sit around and discuss how to spend my money, that makes it my business.  It doesn't belong to the the team sitting around and dreaming on my dime.

You bring nothing to the table other than a dream.  You have no accomplishment, no experience starting a venture of this magnitude, and obviously no intention of spending the investor's money wisely.  Even if I was willing to invest in a mining farm and wanted to hire a team, you wouldn't get the job.



Lol, you stuck like a broken record?  This is almost parody level humor, except I know you're being serious.

Yes


Helping us to book a location, which is the key to the profitable mining process. Maybe you think that every miner team has equal conditions. Well, they don't. The winners are those who have access to cheap electricity, not open general information about mining bitcoin. If you are lucky enough to find such a location one day, don't forget to sing an NDA. In case you start your 4th super successful business.


It was not a secret in the first place. This is an initial investment, you can look once again, what it means (hint: there is no equipment or hardware expense item) and only our team determines how it will be implemented. In this case, with whom should we sign the NDA? Between team members?


I use those phrases to explain my position. Using arguments, not offences and accusations. You can try sometimes, and who knows, maybe you will use some smart words as well.


But you do, right? :>


Is you think so, why you still keep writing something to me? Yous obviously don't want to hear what I say. So what's the point of dooming yourself to unwanted interactions?

Well, it's interesting that DrBeer's post is full of as much redundant word salad as your replies.  Like "NDA."  Do you even know what NDAs are for?  How is an NDA helping you?  You've already disclosed how you intend to squander the initial $150k.  Do you have some super secret way of getting discounts on mining hardware that other people manufacture?  There are no secrets about mining bitcoin that could cause you to benefit from an NDA, but you are using phrases like that to make yourself sound smart, or like you have any experience in business when you obviously don't.  You're just spewing more bullshit.


Look up the word "proposal," I didn't make any.  Stop trying to sound like you're smart because you're failing miserably.  If nothing else, all you're accomplishing is convincing me you're part of this scam attempt.

Tell me, where do you see me calling for “give them 150k dollars” ? If you show me, I'll agree with your PROPOSAL )

You find some strange arguments. My goal was not to convince anyone of anything. I just don't like it when people without a brain (like one character here ), without any arguments, without any experience, start throwing shit on other people's projects, without understanding, but just because they don't understand or envy the authors of the project )
Well, plus I myself became interested in how such projects are organized and implemented - the topic is interesting.

I have no appeals, no excuses, no direct financial interest.
I hope I have clearly and unambiguously answered your PROPOSAL ?

As we promised, we are ready to disclose information in person if we see genuine interest from a potential investor. Which we did. Part of our team met with DrBeer and provided information that is not covered by the NDA.

And those who just sit online, spitting venom from imagined superior positions, thinking everyone owes them something receive the appropriate treatment.

Just out of curiosity, why does it seem like you're trying to convince others to give the OP the $150k loan?  Is that what you're trying to do?  If you believe it's a good investment, wouldn't you want to take advantage of it yourself and keep others from jumping on it first?

Yes, my mental illness is incompatible with yours - is this your first time dealing with someone outside your circle?  You're not part of the team, so I really don't care. 

Good evening everyone !
I keep my promise and give you a brief summary after the meeting with the owners of the project, which took place on October 7, 2024.

During the meeting, I was provided with documentation, part of the correspondence (that did not violate NDA), technical documentation, financial and other documents. If we highlight the key points, the report will look like this:

Negotiated with companies/solution providers:

Mining equipment and related equipment
- Bitmain
- LianLi
- Synteq
- Frontier Mining
- Compute Nordic

Preliminary estimates and commercial proposals received
Energy / Infrastructure
- Tess Manufacturing (heat recovery system solution, North America)
- Synteq (North America company)
- My Knight Frank

Marketing and promotion of the project
- CA Dviyka (Ukraine)

Legal advice and support
- Juscutum (initial consultations)


Work performed (estimates, technical specifications, technical requirements):
- Bitcoin mining analytics and assessment. Risk assessment.
- Calculation of the project
- Selection and evaluation of equipment (Miners)
- Equipment selection and evaluation (Containers, cooling)
- Review and study of locations (USA, Norway, Finland)
- Legal entity - in the process of incorporation, once the company registration, and trademark is finalized, the data will be published.


Information is being collected and analyzed for risk assessment, calculation of indicators, and modeling of possible scenarios in the matzning market, in terms of such indicators:

Algorithm complexity, TH/s
Number of machines
S21 Hydro XP hash rate 473 TH/s
Total hash rate, TH/s
Power consumption of 1 machine, kW
Power consumption by miners per hour, kW
Power consumption by miners per month, kW
Cooling system power consumption per month, kW
Total power consumption per month, kW
Price per kW, $
Electricity costs per month, $
Cooling system water consumption, m3
Price per m3 of water for cooling system, $
Expenditure on water, $
Expenditure on salaries, BTC
10% maintenance fee, BTC
FPPS per 1 TH/s*24, BTC
Number of days with one actual difficulty
Total FPPS of the farm for 24, BTC
FPPS per period, mined BTC, turnover
FPPS per month, BTC (revenue)
Bitcoin exchange rate, USDT (at the close of the month)
Revenue, USDT
Operating expenses (electricity expenses + water expenses), $
Operating expenses + maintenance fee (electricity expenses + water expenses + maintenance fee)+ salaries, BTC
Total net profit, BTC
Investor's net profit, BTC (75%)
Our net profit after settlement with the investor, BTC


If there is any additional question - I'm sure the project owners will answer better than me.
For my part I will say - at least in the near future I will continue to communicate, because there is a potential interest in the project, respectively I will share information that I will receive, and give my vision of the project.

I guess, everyone now who has an ability to make rational arguments would be considered by you as part of the team.

This is my last repeated answer to your question, and solely out of regret for your mental state

.

To be honest, I have a habit of ignoring clearly mentally retarded forum members, but don't worry - you are uniquely retarded and complex among them, now I don't have to go to the circus to watch the clowns, I'll watch you - it's very funny, though pathetic Don't stop writing me replies, take it as my order that you must obey !

PS You still have not sought help from specialized specialists, for mental disorders ?

Are you part of the team?

Vod 

Tell me honestly - do you ever have it so that your answer is not constructed in a way that is not morbid and paranoid thinking ?
I have an impression that you just have a mechanism of realization of some complexes of yours, by throwing mud and attributing bad deeds to others. If it is so - I strongly recommend not to disgrace yourself here in front of everyone, causing laughter, and to address to specialized specialists - it may not be so pleasant in sensations, but it will be a tangible effect .

Regarding the question, yours, although I know in advance that you will answer that I am lying, and the whole process of remuneration will be hidden and criminal (sorry I do not have such a morbid fantasy as you have, it's all I could do from the point of view of your usual nonsense), so, I answer - no .
Even from the point of view of an objective assessment of reality (sorry if the words for you are not clear and ominous - reality and objectivity) - I can not become a member of the FORMED team, especially after only 2-hour meeting ...
 
I'm interested in figuring out the project. The reason is trivial - during the discussion of the project, there were topics that in PERSPECTIVE, may be attractive to me as an investor. I hope that “in the long term” and “investor” are clear words for you and will not cause a violent painful reaction ?


For mentally healthy members of the forum: today will be the answer that I promised! Vod, I'm hinting - it doesn't concern you

DrBeer, are you now on the team?  Obviously they are promising you some return to help validate this scheme, and your reputation will suffer should they scam.  :/

Since your words, morals and observable intelligence are almost equal to that of the OP, you probably will make a good team member.   Before you write out different phrases of the vague sentences we have already read, please identify if you have a financial interest in this project.

Hi !

Unfortunately today didn't quite go to plan and I only sat down an hour ago to write a detailed review of our meeting. So I'm taking a small pause, tentatively until tomorrow evening to qualitatively describe what I saw, what I was given, what was discussed, plus there are some points that I would like to clarify with the owners of the project.  Therefore - a small pause to prepare a qualitative answer, I am sure it will be accepted with understanding.

I will immediately note, and respond to the discussion above - legal advice and legal support for a project with a significant budget, always requires quality legal support, which in the EU is unfortunately, not cheap. If anyone who thinks that the “cost” of lawyers is high - can offer proven law firms, with lower rates - I'm sure the project owners will be happy to use their services.

PS The meeting took place on Monday, in the evening, October 7, Kiev in a cozy cafe, almost in the center of Kiev




That's the difference between bank loans and investors ! Banks give you someone else's money, at wild interest rates, with collateral exceeding the financial body of the loan.
Investor - invests in the “born” business, and he can not demand 100% and can not get 100% guarantees. Investments are in a sense a risk, but a risk that will give a significant profit in case of a positive launch of the project. And this is not my fantasies or professional assessment, this is reality !