5:10PM Feb 8, 2021
Are this part of the call, it's just for internal purposes, we are not going to, we're not going to publish it in any way, shape or form. So this is just for just to mine information from you guys. So my first question I'm not sure if it's bill or Bob that will be answering but I'd like to know more about sky chain who was sky chain and what's your elevator pitch to investors?
Okay, so di chain is a company from the year a long time ago, about 40 years now. Originally, it was a real mining company from the year 2017 2018. We come in to take the shell and buy the mining Skyy IRA before the mighty sky come into the public wants to you know, do some introduction for the minus guy how he paid to come for me. There's another company called a wheeling he business is started from the year 2001. It's about 20 years. That leads me to focus on it a year old 2000 somewhere 2003, four or five at a time, IT folks on you know web names, internet data center server, this kind of business. And literally this basically the company into the data center, which is the internet data center, IDC, this kind of business is very traditional, have been a while more than 10 years, science, the internet and come out to you know come into our real life from 20 years ago. But internally, the business is kind of different from what we are doing currently today. We call those business, the mining guy which misguidedly the main business we call it hosting service and internet in the data. Internet data center business is very similar. Similar we're talking about the what we use very similar facility with the land warehouse or building and very simple internet, which is a fiber connection. And a very similar running piece of the model, which means the power service, we mix them together charge declines or service of a mouse do with a term three years. So very simple. Okay, so all business is almost busy in our industry, we call it as infrastructure as our service. For this kind of business, mostly, you know, just like you do the bureau do, you build a house and you rent it to the people whoever they needed, can be a business can be citizens. So, long story well, one long story short, all business is, ay ay ay ay ay as a service provider currently to blockchain business. However, we are not limited to blanketing business only. We are open to provide from decent service which is ay ay ay ay ay ay ay s to high tech industry, that is all being members. And regarding all investors, currently all invested are from Canada, mainly from Canada. Maybe some of them are from LA, or overseas, USA and China on over higher. We're on main business in Vancouver, BC, and also is in the Vancouver BC. And we have our side Ronnie was running in Houston, BC for three years. And currently we're focused on the bad side. And also we will expand our business to Manitoba. There's some reasons why we want to expand to there and Manitoba basically is location, power rate and the service and the technical people hiring some kind of key facts you have to consider. Yep, that is roughly all visitors.
I see. Thanks for that bill. Um, that what about your clients? So who are the type of clients that go to Skype chain for your infrastructure business?
Okay. Because we do I see a flat rupture. So any people you want to have our internet and the facility be potentially all clients okay. For example, if you have a computer or servers you want to find a location you can use a location in downtown Vancouver there the two bureau DMZ provide a traditional data center service. However, it is kind of expensive, it's not very cheap. However, if you want this kind of service, but you want to be cheaper price, you can go forward to find out a business new data center service business for example it called eight eight computing data center. This kind of computer do the century nowadays is more is more and more popular. Okay Is this kind of situation. So we are trying to to enlarge or expand our business from the currently the crystal currency hosting business into this business and well, actually we are stepping in board abroad through the next step. So currently our business clients is mostly is cryptocurrency hosting service to miners, whoever have these miners. We do the service for them. Those clients from Canada, USA, mostly the local.
I see so could could they could be individuals and not just companies then.
Okay, so like Carl would would go to Skype chain and say no, I want no. Oh, I see. I see How big does it have to be?
For example, a car all he had was some GPU rigs. The home I believe maybe less McAndrews. From what I taught, you know, he showed me that the box less 100 GPU cars. Generally one GPU rigs, maybe take eight to 10. So he possibly have 10 GPU rigs. or clients in Quebec, for example. One of them the biggest 180 megawatt is 6000 pieces. Each one about us three times more power that is DPLA. So we're talking about 15,000, GPU rigs, time eight per rig. So it's 200 GPUs The size is much bigger for this new the race the reason we don't take when nominees we don't care Oh, come in, I can offer you but not means we want to hold small clients because of time and labor cost. So all clients mostly 10 megawatt five megawatt for 10 for five years, three years term. for commercial
and Bill sorry if this is a stupid question, but do you have clients that go to you just for the internet data center and not crypto mining?
Currently will work tonight? We do. Exactly the business is because we do I can't hear you guys.
I can only hear bill
are you can you hear me? Yep, I can hear you both. Okay. How about the Robert Can you hear me? Oh, he dropped off? Oh, maybe it's not all right, okay, we carry on, he will not do the right thing. So at this point, we do have the clients we are doing but for combinational reason I already can tell some weight is for this kind of business. The now the fourth Foundation which is as you can see, there are so many businesses we will need this kind of one age Computing Center. It's not a blockchain, not only Hira, we start from blockchain. Before we start blockchain which is minus dying, I was doing business for internet data center business science 2001 which means most of the data center business I have been involved for 10 years more than we come into blockchain because the market need huge okay. But not amazing, we will not be able to come in into the age of computer data center. So we are working with the local which is the Vancouver area PC area. The movie industry, we do need a rendering service appropriate we do this kind of writing don't mention any kind of name, because the reason we did finish the rd research and development for the rendering node chirohealth do some GPU rig behind I believe with a lot of money over there. But those kinds of stuff can be used for sure 100% you can use it for cryptocurrency however not amazing cannot use it for movie industry. So we have this kind of computing node can be used for cryptocurrency by the same time it is a profitable industry and the nodes that have been tested and have been used for more than six months they're very happy they want to buy more and they actually want to be the product of this business. So this is not about the cryptocurrency it is there some kind but it's a link to very traditional movie industry nowadays when we do the movie there is a movie recently is called home you know I can't remember did the marine the protect cargo ship to from USA for second World War I can remember okay. This kind of movie nowadays mostly is the take a picture of movies in front of a green background. Most of most of the work will be done by computer But don't computer which means servers CPU, which means Intel, AMD these kind of CPU or the GPU. Just like coral Halloween is a corner of the room corner. This kind of style we call it in cryptocurrency business industry we call it a factory which will be the heart higher power for you to come make money on cryptocurrency. But at the same time remember this kind of stuff designed for computer not only for cryptocurrency, it was started from the indigenous traditional business not started from cryptocurrency business. So we are trying to salvage them for traditional business, which is the movie industry, rendering, Ai, 5g. So those kind of businesses are coming over, we're in near future, we will have a data center or business center in Vancouver to do this kind of work to a service or local business. In other words, for blockchain business, to connect these blocks and business into our daily lives, you know, nowadays we have so many high technologies all around the world, okay, in order to service or business, we want to support through the high tech knowledge we support them, means those high technology will be able to survive, and they will have the route around growing our into our daily life so that it will support all foundations will say the foundation is the one we're talking is. So we support them the benefit back to Earth, we grow together. So you know, they live using all high technology now the the 5g ai big data, IoT ideal Internet of Things is growing so fast. So do they need foundation? Yes, if you support them will be good. Yet, of course, we'll be growing so fast, we can only follow up. And maybe they go too far, far away beyond our imagination. But we will have to follow them tested our business.
I see in your presentation. It's also noted that you're currently operating a data center in Quebec that generates a lot of revenue for you. So is that data center in Quebec? Just several several clients in one building type of thing or can you expound on that?
Okay. That ability in Quebec is one it's about 20 megawatt the power capacity and electricity capacity and ability to sell the 40,000 square feet and start the business from the cryptocurrency data mining cryptocurrency miner hosting. And we reserve the five megawatts current recently we have a news out is 80 megawatt one client. So it will use out 2% node to serve our power. However, we'll have to reserve some powerful just I mentioned the business age Computing Center. And I believe that your writing will come out in a couple days later. So, we have some kind of plan to upgrade it to the data center into edge Computing Center service or new in a new industry. Is it pouring into the business I have been running for three years. The first one to do the construction is starting from 2018. And it is to finish the 2019 2020 is the first year of full running for one year. And 2021 we come over we are crying Portuguese targeted company. And we are in the middle of the finish a close date and we will be very soon. We twining to make this quick exercise to be able to support both blockchain business and our business. Which means is not only cryptocurrency mining is also age computer data center. To achieve these targets, we will require much higher or reliable internet connection, which is bandwidth latency. So pretty much we will have to use arm directly data fiber connected to the data center.
Yeah, so just just because you're the channels that you will be on for investing news
will be more focused on blockchain and Bitcoin. Did you how much of your business is in the crypto hosting?
currently an all or business increased the whole team Oh, I see that many users to do this kind of on the Business is not only to set asides and hire people to do the hosting survey, the technical support is not only that, they I want to point out there is one, something is important for these businesses to set up or do the construction for this kind of a facility data center. The capital is very heavy. For example, one megawatt is the average number one megawatt we're talking about maybe 400 400,000 to 500,000 per megawatt, I'm talking about us to do this kind of a service you have to invest a lot of money into this business, for example, 20 megawatt time 400 you need $8 million. That is exactly happening, what what do we have from the year of 2017 and 2018, when we started the business, we realized this industry is too new. For industry, if the industry to new, there is some equipment or energy solutions, or not be able to follow up visit. For example, worldwide, we have different electricity standard, ul ulc, CSA CSA mean, Canada's standard Association, we have our own safety regulations. But worldwide we use a different power system for example also is power is maybe you don't know is 128 110 is kind of wanted something the house maybe they have a 240 but it mostly is 110 this kind of power, this can power what he did to law, which means if I wanted to learn the power amps will be very high can cause your burning fire all kinds of stuff. However, if we change, then we will have to follow the same. So there are so many work to be done. So we have to make a better solution to benefit our business from the year 2018. We did a lot of rd research and development to reduce our costs from the one around the 500,000 per megawatt down to around 150,000 per megawatt that is extremely reduced. But without in advance capital is capital investing won't be able to do it. Now is the time to benefit all investors.
I see you already mentioned that you are working towards like a data center in DC is what are the other milestones that you're expecting in the next 12 months
in extra miles is we have this size back there. The next big milestone is for us to come into the new business of age computer data center to enlarge or I guess into all real life which you can feel it in now these many people think oh blockchain, you know, where is connected to alive beside BTC transferring transfer all fast enough. What else? So we are coming into the application, something we can use? and something we can feel, you know, our real life?
Yeah, I see. I don't think I see any, any announcement or any information that you're opening a data center in BC or anything of that nature. I just see the Manitoba hosting locations scheduled for 2021 including your presentation. That is are your plans in BC in any of your news releases or anything like that?
I talked about to BC. Especially talking about the movie industry because RBC Yeah. Okay. Yeah, I wrote we're not starting yet. I saw okay. That's when we started to kind of program we need two years at least in advance. For example, planning market and art on the PLC. proof of concept. Yeah, so this kind of work around time. For example, we have one computer in our office can sleep this week immediately for cryptocurrency and speed to the battery for movie industry. For this kind of work technology, hardware designing airflow, putting longtime IC o This is the money we have the capital invested into it successfully has been running for a while and clients are satisfied. It's time to start. So when we talk about a computer data center to the kind of service and automated that just talk because we already started years ago from the very beginning. All you came Indonesian Cairo you have this kind of GPUs behind. I started kind of work for them the year 2014 Which means how many years now? Seven years. Seven years, I was running that kind of stuff. The first one is PGI Prince Edward Island. So they did our first one in cryptocurrency or EDC mining. At that time, I know there is there are probably millions of this kind of GPU need a solution, and they, because they are not profitable after two years, I hope Carl will be profitable in five years, but five years, six to 10 years, what you can do with them, you need a solution. Right? So that is basically our target is is not only short term, one year, two year as a public company, for so many investors, we need this kind of business for 100 years. 20 years. 30 no target or future. Okay. Though, what
kind of investors do you have? Why do they invest in your company? Is it because they're they're also Bitcoin miners? Or do they believe in the technology side of things?
Oh, isn't pulling the I want to know gives the investors one very simple, easy answer that example. You nowadays, if you have a building from somebody buy a house, you know, I just want to buy a house, you won't buy a new house. If you have a house, you don't have a mortgage, if you go to the bank, the want to get a loan, some kind of credit. If your house behind it was a protein, because it's real stuff. But if something else, sometimes the bank Don't, don't accept it. The reason is, real estate is easy to tell. So in nowadays in real life, there's so many companies are very, very convenient. There's all kinds of stuff behind real estate to be supported behind the whole building. Okay. If we believe we all live, if you have many, many buildings, all these kinds of real facility. We call it a value. If so, all business foundation is a real estate for high technology industry. If you believe our lives will need high tech knowledge, 5g ai, animation rendering or blockchain, whatever you call it, if you think that that is our future, and if you believe we need a foundation for them, that he knows gaijin business. So where is our future? Maybe slow, maybe faster, maybe to foster whatever it is. We are building the foundation for using high tech knowledge. And we want to be the leader of this business of the industry. This is all future. Very good.
Thanks, Bill. I think that that clarifies a lot of points that I need for your profile. I mean, it's a very unique business model. Surely, I mean, beside all our other blockchain companies that we've dealt with your your company sure is a bit varied. A bit different. But it's quite clear. Carla, I think that's all I need.
Okay, great. I'll stop the recording.