The technology is not rusty at all, it is really worthy of defeating the cousin-in-law of the young car god Qin Fen, hahaha! I don't know how that kid is doing in Germany, and Tingting, my big baby, are you okay now? Chen Chumo thought crankily all the way, and soon arrived at his destination. There were a few luxury cars parked in front of the entrance of Beverly Park, and I don't know if it was the friend who called the big handsome guy to judge the winner of the game.

Chen Chumo ignored them, turned the car into the path opposite the park, stopped at the gas station, filled up and went back to the villa.

Time flies, and in a blink of an eye, it is September, and a week later Chen Chumo will go to school on the east coast.

For three months, the Bitcoin business has not been going well. In terms of bitcoin acquisitions, due to the hacking incident, speculators' enthusiasm for mining has been greatly reduced, and the production of bitcoin has shrunk significantly, and the number of bitcoins acquired by DGC from the market is not small.

As for the research and development of bitcoin mining machines and the construction of mining farms, it can be said that Chen Chumo has a headache. It has been two months since the establishment of the Huaxia branch, but there has been no progress in the negotiation with Samsung Electronics, and Chen Chumo is anxious about it.

In order to facilitate the hardware cooperation with Samsung Electronics, Chen Chumo even went to South Korea for a week. Bribery, collusion with gangsters to exert pressure, administrative intimidation of high-ranking officials, and threats with small videos of beautiful women accompanying the bed, all the methods that can be thought of to deal with Samsung Electronics have been used, and DGC has spent nearly 100 million US dollars in public relations expenses before and after! With such tremendous energy and effort, Chen Chumo has never had it in his life. After Chen Chumo's toss, Samsung Electronics finally relented and promised Gao Lei to upgrade the hardware supply from the second generation to the second generation.

The two mines that have been built at a huge cost can only use the second-generation mining machines that are backward, and the new mining machines that are backward to the first generation may have to wait for another two or three months before they can be used.

After Gao Lei and his wife returned to Huaxia, they worked 18 hours a day, not including the time to eat and go to the toilet, which shows the degree of effort. However, the situation is compelling, and the Bitcoin computing power that DGC has been able to control so far is only 10% of the world's, which is less than 30% away from the goal of 30%.

If the hardware of the mining machine cannot keep up, it will not be able to master the vast majority of the bitcoin computing power according to the plan, and without the computing power, it will not be possible to obtain the bitcoin you want, and it will be impossible to realize the strategic layout of DGC in the bitcoin business. In the face of such a dilemma, how can we break the deadlock? It's time to test DGC's wisdom!

At present, the backward generation of mining machines is the most advanced mining machine that can be realized in the market in terms of capacity supply, which is already a luxury for the average mining investor, because most of them use the second generation of backward mining machines. Chen Chumo is not an ordinary speculator, but a person who pursues the ultimate, and the quasi-advanced mining machines that are backward in the hardware situation are rotten in his eyes, even if they are equipped to the mines in Huaxia now, he will not be satisfied. Only the mining machine with the most advanced hardware is the best mining machine, and only the best mining machine can satisfy Chen Chumo's desire to control the Bitcoin computing power.

After some calculation, there were still 5 days before the freshmen of Harvard University began to enroll, Chen Chumo left Liu to preside over the company, and flew to Taiwan, the treasure island of China.

The decision was very sudden, and Chen Chumo did not have time to understand the situation in Taiwan, so Chen Chumo had no choice but to seize the time on the plane to read the work materials.

... In the first quarter of 2009, TSMC was on the verge of loss, and in June, four years after resigning as TSMC CEO, Zhang Zhongmou returned to serve as the company's CEO at the age of 78, and at the same time concurrently served as the current chairman of the board...

Well? Why is it 2009 again, and Satoshi Nakamoto's Bitcoin is also the year it was launched. It's too coincidental, could it be a trap, I, Chen Chumo, have smashed tens of billions of dollars in! Chen Chumo was worried.

Think too much, boy! You take yourself too seriously, in 2009, you were still stealing royal jelly with your brothers in the mountains, who knows you? People came out at this point in time because of the global economic crisis in 08, and they came forward to save the city, not because they came out to help the Holy Lord like the novel, "I saw auspicious clouds in the east, and the real dragon will appear"!

Then look down:... In the first quarter of 2010, TSMC's operating income reached NT$92.19 billion, with an after-tax surplus of NT$33.66 billion, making it the most profitable company among Taiwan's 1,300 listed companies. Soon, Williams, an Apple executive, went to Taiwan to meet Zhang Zhongmou...

Hiss! An 80-year-old man can turn a company into a profit in just half a year, it's not simple, it's not simple! No wonder even the arrogant Americans came to visit. Apple in the United StatesI know that the first mobile phone I had after I went down the mountain was the Little Apple. In other words, this company's mobile phone is really easy to use, and the performance is much higher than that of other mobile phone brands. When two giant companies get together, there must be a mystery! Chen Chumo looked at the information while calculating the countermeasures.

After getting off the plane and going to the hotel for a short rest, Chen Chumo quickly took a taxi to TSMC headquarters.

"Young man, you also came to invest in TSMC?" After the secretary introduced the two parties to each other, Zhang Zhongmou did not be too polite to Chen Chumo, and asked questions directly.

This old guy went to school in the United States when he was a teenager, stayed in the United States to work for many years after graduation, and returned to Taiwan in his 50s. For work, Zhang Zhongmou is even more straightforward, and there is no grace of Chinese people at all, which makes Chen Chumo very twisted.

"Come here to understand the situation, if TSMC needs it, I am willing to do my best for the younger generation." The old man was full of blonde hair, but his eyes were still bright, and his sharp gaze seemed to be able to see through everything, and in the face of such an old fox, Chen Chumo was under great pressure, and pretended to be calm and replied.

Last year, Apple's Williams came to Taiwan to have dinner with Mr. and Mrs. Chang at their home to discuss the possibility of working together, hoping to combine the world's most advanced electronic hardware technology with Apple's ambitions. One side needs an order, one side needs technical support, and it hits it off. In the end, Apple bet all its "bets" on TSMC, although the risk is difficult to estimate, and there is no way to deal with it in case of problems, but fortunately, TSMC succeeded in mass production within 11 months, reaching 500 million chip shipments without flaws.

It is worth mentioning that in order to facilitate Apple's transaction, TSMC also injected 6,000 manpower and $9 billion in investment. Williams said in an interview later that it is rare for a semiconductor company to invest $9 billion for a single customer, and he is very grateful to TSMC Chairman Zhang Zhongmou and employees for their support.

Newborn calves are not afraid of tigers, and my Chen Chumo's investment in Bitcoin is only 8 billion US dollars, I can't imagine that Zhang Zhongmou, an 80-year-old old horseman, is actually bolder than me, investing 9 billion US dollars at a time, which is 1 billion US dollars higher than my investment! An old man who was about to die forcibly compared the young man who claimed to be one of the top ten outstanding young people in the world, and Chen Chumo's anger was a little more vented.

"TSMC can mortgage up to 10% of the equity at a time, with a minimum of 3%. In terms of price, Tong Suo is not bullied, and it is calculated according to the current stock market price. This is the contract we have drawn up, please Mr. Chen look at it, if there is no opinion, we can sign it at any time. Zhang Zhongmou replaced a contract with Chen Chumo.

The contract is very thin, only four or five pages of paper, such an important equity transaction, simplified, very Zhang Zhongmou!

Picking up the contract, Chen Chumo studied it carefully. Chen Chumo can agree to most of the conditions of this contract, except for the following stipulations:

3. TSMC's equity transfer is a virtual transfer model, which is financed by equity mortgage (refer to page 3 of the contract for detailed explanation).

6. The financing object is limited to individuals in Europe and the United States, and no government and financial investment institutions are allowed to intervene.

11. Once the funder violates any of the above treaties, TSMC has the right to recover all virtual equity signed with the funder, and TSMC is not required to return all the funds that the investor has injected into TSMC.

The conditions are too harsh, no wonder the financing time is set at one month, which is half a month longer than the previous financing period.

"The third note states that if an investor buys a virtual equity of TSMC at the market price of the stock market, the transfer is invalid for the purchaser, and the holding time is at least three years. If investors want to cash out the stocks, TSMC must withdraw them at 90% of the real-time stock market price. Regarding this part, I would like to hear Mr. Zhang's explanation. Chen Chumo said.

"TSMC's financing this time is actually a financial project jointly created by the company and the Bank of Taiwan. TSMC mortgages a part of its equity to the Bank of Taiwan, and then the bank formulates corresponding financial financing projects for sale to specific people, so investors can only buy the wealth management products of the Bank of Taiwan, that is, the virtual equity of TSMC. The answer to Chen Chumo was a middle-aged lawyer surnamed Su next to Zhang Zhongmou.

"The investor has no right to equity dividends, and the dividends will be used for the company's new technology investment and research and development, but they can enjoy the income part of the market value appreciation." Lawyer Su added.

"No dividends, only enjoy ninety percent of the income of stock price appreciation, use foreign capital to grow yourself, no need to take any risks, real drought and flood income, * naked overlord clause!" Chen Chumo muttered.

"Yes, it's an overlord clause, we just protect our own interests as the premise, whether it is fair to you is not within my consideration. If Mr. Chen can accept this contract, he will sign it, and if he does not accept it, please return it. Zhang Zhongmou said proudly.

Why does this sound so familiar, isn't it what I often say when I sign a contract with others? Alas, when you come out to mix, you still have to pay it back, who called you the weak party?

"Well, the third I accept. However, Article 6 stipulates that 'the financing object is limited to individuals in Europe and the United States', and I only have a US green card, but in fact I am still a Chinese nationality, can I?" Chen Chumo said.