Quote from: examplens on Today at 11:25:32 AM

I looked at the costs, and frankly, too much money will be spent on various consultations and 'conversations', and it seems to me unjustified to take a loan + pay interest for such things, while the whole process has not moved forward much.

These consultations and 'conversations' are an integral part of the work. Having an idea is wonderful, but it needs a lot of research work to understand how to make this idea real. The whole idea of the farm, the calculations, and the implementation plan do not come out of thin air. To develop this project, we studied a lot of different information, attended meetings with working miners, communicated with Bitmain and Whatsminer representatives, real estate agents from different countries to learn what location is needed, and representatives of the energy sector. We invested a lot of time and money for self-education. Otherwise, our proposal would have been incompetent, and therefore the chances of the project's implementation would have been very low. We couldn't let it happen.

Attending conferences is a necessity because an investor for the main amount cannot be found somewhere like Walmart; I think that’s clear. Such people need to be sought in specific circles, among like-minded individuals who understand what we are talking about. Finding such people is quite challenging. To do this, you need to look for them specifically in places where these people gather—gather to have consultations and conversations with each other.

The process has progressed as far as possible without additional funding. We have done the maximum amount of work that can be done solely on our own initiative and with our own funds (we are not millionaires, at least not yet). Therefore, in my opinion, the project has made significant progress and is far from being just an idea that is ephemeral and unsubstantiated.

Quote from: examplens on Today at 11:25:32 AM

btw. Why do you decide on Switzerland, one of the most expensive countries, if the location is not your primary concern? It seems like an unnecessary waste of investors' money, for a longer-term investment, it is necessary to demonstrate a much more rational spending of money.

First, what does an unnecessary waste of investor's money mean if the investor gets his money back in full plus a very good interest rate? The investor may even not be concerned about where exactly the funds are going as long as we fulfill our obligations to him. Which we will. There are investors who are primarily interested in making a profit. They won’t be concerned about how exactly we use the funds or what we do as long as we ensure their return in time. For them, it’s purely a utilitarian interest. In that case, we do what we deem necessary, and the investor receives his money back along with the interest. Each party is satisfied. The terms of the agreement are very simple and straightforward.

Second, registering a company in Switzerland opens many doors. Switzerland in general, and certain cantons in particular, especially Zug, have fairly developed cryptocurrency legislation. This clarifies the procedures for tax payments, converting mined coins into fiat money, spending this income, and even the legal registration of cryptocurrency activities. Additionally, a company in Switzerland appears much more reputable than one in, say, Ethiopia, because Switzerland is known for its adherence to the law and protection of parties' rights.

Additionally, our network of contacts is also closely tied to Switzerland. Members of our team have experience building a farm specifically in Switzerland, which opens the door to finding the Main Investor there as well.