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Project price: $40,000,000

Seriously dude! That's like Silicon Valley level start up money. Not the kind of money you get for a totally speculative business that relies on price fluctuations of the "product" (i.e. bitcoin) and the off chance that you'll be snagging a block reward a rare occasion.
Just from math perspective your proposed number of miners will produce only 1.5EH while the competition is pushing 200. That wouldn't even put you in the top 20. Not to mention, nearly $8 million of your budget is slated for stuff that isn't making you any money. I'm sorry, I don't mean to be rude, but Vod's skepticism is starting to infect me too.
If you think $150k is going to set you on your way to secure $40 million in funding for such a lopsided proposal, you truly are delusional. Or looking to scam.