Chapter 158 Layout of the mining machine industry

Nima, why don't you grab it! 1 billion dollars will come as soon as you open your mouth, and you will be the god of wealth when you are the door-to-door god of wealth? I, Liu Liu, as the global founder of DGC, feel arrogant enough to ask Chu Mo for 1 billion yuan, and I can't imagine that a small partner in China would dare to make such a sky-high invitation! was very dissatisfied with Wu Han, and scolded his mother in his heart.

"$10 is a lot of money, so it seems that Mr. Wu Han is very confident in Bitcoin. If Mr. Wu's conditions are agreed, I wonder what kind of reward DGC will receive from Mr. Wu? Liu Liuyin asked angrily, completely forgetting his greedy face when he negotiated with Chen Chumo for remuneration.

"Committed to purchase no less than 2 million bitcoins for DGC, and at the same time made a 15-year investment avoidance period for bitcoins." Wu Han said.

The 15-year investment avoidance period means that Wu Han will not be allowed to get involved in all activities related to Bitcoin-related commercial investment in the next 15 years as a person or in the name of others, and DGC's commercial interests during this period will be protected to the greatest extent. 10 years, $1 billion, 15 years of investment avoidance, this deal is worth making!

"The stakes are very high, please forgive Mr. Wu for not being able to agree to your conditions right now, but DGC will seriously consider the possibility of cooperating with Mr. There may not be a result for a while, if Mr. has something important to deal with, you can meet Huaxia first, and we will notify you immediately when we have a conclusion. Chen Chumo said.

This is an eviction order, and its own conditions are too harsh, and it is not surprising that DGC needs time to study cooperation with itself. So Wu Han said goodbye to DGC and bought a plane ticket that night and flew back to Huaxia.

"Wu Han, this kid really takes himself seriously, and we have seen a lot of partners from all over the world these days, and none of them are as sky-high as him. Mr. Chen, if you hadn't asked him to be 2 minutes sooner or later, I'm afraid I wouldn't be able to hold back the fire in my heart and would beat him. As soon as Wu Han walked out of the office, Liu Liu shouted loudly, he just wanted Wu Han to hear the resentment in his heart.

"Mr. Zhang Nan, let's not go around the road, please tell me about the conditions on your side." Chen Chumo ignored Liu Liu, turned to the little fat man and said.

"I came from an engineering background and studied integrated circuit design, but recently I saw that Bitcoin was very popular, so I wanted to design and assemble mining machines to make money. I don't understand venture capital, and I don't have an estimate of the future value trend of Bitcoin, assembling mining machines is purely a hobby and a small fight, and it is difficult to say whether there can be sustainable development, let alone thinking about making Bitcoin mining machines into an industry as their own business to develop. Zhang Nan said sincerely.

According to the data, Zhang Nan is still a student, has not really come into contact with society, and his thinking is still in a relatively simple stage, and he does not have as much utilitarianism as Wu Han. Also at the beginning of this year, he began to contact Bitcoin, out of curiosity about new things, he will use the computer to mine with many netizens in his spare time. Due to the slow mining speed of personal computers, Zhang Nan, who was extremely competitive, used his expertise to design and assemble the initial version of the ASIC mining machine. The mining efficiency of his own mining machine is hundreds of times that of ordinary computers, which naturally attracted the attention of fellow enthusiasts, so everyone turned to Zhang Nan * his mining machine, which directly ended the era of computer mining. So far, Zhang Nan has earned hundreds of thousands of Huaxia coins through the inverted mining machine, and his heart is happy!

"DGC is going to invest in your mining rig and give you a chance to make a bitcoin mining rig a career, is there a problem?" Chen Chumo asked.

"The value of bitcoin needs to be studied, and the accompanying mining machine business is very risky, rather than dropping out of school to start a business, I prefer to work hard to sell more bitcoin mining machines while studying." Zhang Nan said.

Gao Lei told Zhang Nan on the phone that he wanted to talk to him about 10,000 mining machines, each with 10,000 Huaxia coins, which was a deal of hundreds of millions of dollars, if he hadn't given a deposit of 5 million, Zhang Nan thought he had met a liar. This time in Los Angeles, Zhang Nan came to sign a contract.

"Completing your studies is nothing more than for better employment or to create something valuable. There are so many engineering students like Mr. Zhang Nan in Huaxia that even if they successfully get their graduate degrees, it is very rare to encounter such a good entrepreneurial opportunity in the society. Chen Chumo asked.

"If I agree to Mr. Chen to start a business, what kind of conditions will DGC give me?" Zhang Nan thought for a while and asked.

"$1 million a year." Chen Chumo said.

"If you take the industrial route, I am afraid that I am not able to do it personally, at least I must build a product research and development team of 10-30 people. With so many people to feed, how are we going to protect our profits? Zhang Nan asked.

"With $3 million in research and research costs, we require at least one new product to be released for each time. After the new product came out, the patent right and the purchase right belonged to DGC, and without our consent, Mr. Zhang Nan's team did not have the right to sell mining machines. Chen Chumo said.

"I'm very satisfied with my annual salary, but relying on just $3 million to retain the R&D team seems to be a bit harsh." Zhang Nan said.

"We have dozens of mining machine partners like Mr. Zhang Nan around the world, after the new mining machine comes out, we will make a scientific and reasonable evaluation according to the efficiency and performance, and then select the best investment to develop the next business value." Chen Chumo said.

"My mining machine is the most advanced mining machine on the market, and I am confident that I will maintain a leading edge in the industry, and it is not difficult to win the competition with other mining machine R&D teams. Zhang Nan said.

"Mr. Zhang Nan is the leader of Bitcoin mining machines, in your opinion, where is the difficulty in developing new mining machines?" Chen Chumo answered the question.

"The difficulty of developing mining machines lies in the supply chain, no matter how the mining machines are developed and designed, the only manufacturer in the world that can independently manufacture all the different components of digital currency mining machines and carry out packaging and testing is Samsung Electronics in South Korea. Other electronics manufacturers either do not have the ability to manufacture advanced RAM chips and sufficient packaging and testing capabilities and production capacity, or do not have the manufacturing capacity of stream processor logic chips. Samsung Electronics is the world's No. 1 giant company, and it will not coordinate production capacity for such small orders from miners, and it will not be able to conduct experimental research and development if it does not get the parts it wants. Because of this, although the mining machine I assembled is currently the most advanced, it is also two times behind the situation. If DGC has a good business plan and is willing to invest heavily in mining machines, I am confident that the next generation of mining machines will narrow the gap to one era in the situation. Zhang Nan replied. This is a well-known problem in the industry, and Zhang Nan couldn't understand why Chen Chumo asked this question.

"Is Mr. Zhang Nan sure that mining can only achieve a gap of one era?" Chen Chumo asked.

"Yes, I'm sure!" Zhang Nan said affirmatively.

The scale of bitcoin mining machine designers is very small, and the orders placed for chip factories cannot be as large as those of computer manufacturers and mobile phone manufacturers, and the bargaining power for chip factories is very limited, and electronic manufacturers are dismissive of bitcoin design. Even if they reluctantly agreed, they were neglected and discriminated against in terms of delivery and yield.

"How to let Mr. Zhang choose, which appliance subsidiary will you choose to cooperate with us?" Chen Chumo asked again.

"Samsung Electronics in South Korea. TSMC and South Korea's Hynix can share some production capacity in some components, and the price is also favorable, but we are small sellers, and it is difficult for us to coordinate in terms of production time. Time is money, and I think that placing orders for stream processors, interfaces, and components in mining machines to the same chip manufacturer can save us a lot of worlds. South Korea's Samsung Company, which has completed the electronic industry chain, component production and packaging testing, Samsung Electronics, Samsung Electro-Mechanics, Samsung SDI can be completed in one stop, is the most ideal cooperation company. Zhang Nan said.

DGC wants the most advanced mining machine that can be produced today, and the hardware gap mining machine of an era is still sold to virtual currency investors on the market. But in this way, if Samsung Electronics is going to die and does not produce and supply the latest originals for itself, won't it be cheaper for other speculators? Headache.

"With my understanding of the electronics industry, I dare not guarantee that the originals that are one era behind can be obtained, but there is no problem with the originals that are two times behind." Seeing that Chen Chumo was in trouble, Zhang Nan opened his mouth and said.

"The mining machine business has just started, and DGC will support 35 mining machine manufacturers around the world at the same time, and then select the best to eliminate them. In order to reduce the investment cost, we came forward with Samsung Electronics to purchase the electronic components of the mining machine, and then distributed the parts to each manufacturer. After the development of the new mining machine, DGC selected the most advanced model to purchase at a premium of 10% for each unit, with an order of no less than 100,000 units. As for the models that have not received orders from DGC, each R&D team can assemble them by themselves and sell them to the market, and the components will be distributed by DGC at the factory price. The market gains three or seven points, we three, the R & D team seven. I don't know what Mr. Zhang Nan thinks of this plan? Chen Chumo thought for a long time and said.

"The plan is feasible, and Mr. Chen is very thoughtful! This not only protects the basic interests of the mining machine R&D team, but also provides us with an additional opportunity to generate income. Zhang Nan stammered.

If it is a hardware mining machine of the gap generation, the cost is about 30,000 yuan, 100,000 orders, 10% premium, and a net profit of 300 million Chinese dollars! Even if it is a second-generation hardware mining machine, the cost is 10,000 yuan, and it can earn 100 million.

Nima, what is a million-dollar annual salary compared to this? Thinking of this, Zhang Nan was already gearing up and excited, vowing to develop a new mining machine that would satisfy DGC.