Passive Income from Profitable & Sustainable Bitcoin Mining

Hey everyone, happy monday. I hope everyone had a great weekend. I had a wonderful weekend Um, I always love the weekend. I get to catch up on things, uh, especially sleep so excited to hit this week with uh running Um, we're starting off the week with quantum expeditions And I have kind of jumped up on with the team as an advisor to help them out and just do some marketing Um, because I really love well, first off i'm a huge believer in bitcoin Okay, that is what's at the the root of all this if they were Strictly like just a caspa mining project or something like that I would not be at I still like caspa and I would still be kind of interested in that but I think bitcoin to me with the bull market coming with the etfs coming with the bitcoin having company coming to me Bitcoin is the best Uh safety to return ratio of almost anything out there like any asset class that there is To me bitcoin is maybe the best bang for your buck And so I am looking for as many ways to get exposure to bitcoin as possible So I buy a lot of bitcoin a dollar cost average bitcoin. I've been doing that for Years, um, I like the mining projects where you get bitcoin as a reward Then this is a unique way where you're actually getting part ownership of a bitcoin mining company So it's just you know All these diversification ways to get exposure to bitcoin. So I really love the team me and justin have worked together for even back with badger um, so Really? I love the team. So let's start with introduction. So some of you have probably seen our last video I've done a couple videos with these guys now, but let's go through do quick introductions Uh, maddie, we'll start with you because you're clockwise from me. So we'll start with you. But maddie quick introduction of yourself Hi, my name is matty greenspan i'm the founder and ceo of quantum economics A firm for research and advisory in the crypto space. I'm a licensed portfolio Look at least it froze him on a kind of like Complimentary flattering picture usually, you know, it freezes you in a in a in a weird spot So hopefully his internet comes back. I always call him maddie too But then when he says he says maddie I need to practice that a little bit better while we're waiting for maddie to come back. Let's go over to oz Oz, can you do introduction of yourself? Sure. Um, we started this whole thing about uh, well background I have about 20 years in uh tech and marketing. Um, you know working through companies like xbox the economist That's sort of a thing i've been in crypto since 14 Um, I was in a hospital bed, uh fighting cancer when we first kind of came up with the idea of uh expeditions um And you know i've been working with uh with maddie on um, some of the economics stuff um, you know some of the crypto oracle stuff with lukerner and um sat down and we decided that this was the way we're gonna we're gonna go um, I have some mutual friends with doug down in texas and We need we kind of decided that texas was the place to go not just for power but renewables long term um put this together over the course of the past two years and That's been a labor of love. Um finished an initial raise closed transformers locked land, uh, a lot of power contracts Uh broke ground. Um, and we've got you know about a gross of miners about 144 deployed now Um, we'll be deploying um another roughly I believe 80 and we are in the middle of a crowd race uh where we are trying to um, Allow the market to kind of participate in this and I think it's it's everything you said james, right? It's your opportunity to participate in the bitcoin company. It's your opportunity to um own a piece of this Your opportunity to diversify your investments whether you're a small investor or a large investor Uh crowd race is going to be going on for yeah, you know about another month month and a half And we'd love to have people participate. Um, we've got a couple announcements today, uh, which you know, i'll let moddy take out and um It's I just think a really good way to diversify um in inside of the bitcoin space and to go out to the community and give back a little bit to say Hey, you know, we'd love to have community participation because this isn't like old capitalism This is what I call new capitalism Where the strength of your community the strength of the nodes the the amount of participation you have makes your projects that much more successful And we will be going to institutional rounds after this, you know, but the idea was Maybe we can get the community involved and do this in a more meaningful way and you know, just take it from there Okay, love that. No, that was great. A lot a lot of update there too. So appreciate that Um, and we do have moddy back he says first time I got rugged on youtube lol, yeah We get rugged everywhere, right? You can't get away from it. Uh, but moddy. Do you want to kind of finish up your introduction there it we uh, How far I don't think I should man. I think that's that was just a sign like Stay stay humble men. They hit stack sats and hodl man. Um, Now one place you won't get rugged is uh with quantum expeditions Obviously we built this thing with very top talent in mind and a lot of uh security features um, so basically, uh Everything that we do, uh completely safe and and secure. Um, we've been planning it for uh, two years entirely so um Definitely. Uh, definitely we thought of all of those angles and even if the internet goes down, um you know, uh You're so we're so good. We've got we've got a we've got a backup installed. I don't know if we uh, if we if we announced that um Yeah, but we've got uh starlink running on the premises now just in case the local internet goes down We're not this awesome. We're not missing a second of mining Awesome. Love that. Yeah, and go uh, go google moddy. Okay, because he's uh, he's pretty well known go google him There's you'll find some cool stuff about him if you go, uh Search him up on the googles Um, let's go over to justin justin tell us just a little bit about yourself Hi, i'm, uh, justin kramer. I uh was the ceo and founder of badgerland mining club Uh, which was acquired by quantum expeditions in october of last year. Um now I serve as the coo of quantum expeditions um, and yeah, just loving every second of it, so Couldn't be more thankful to have this team. Awesome. We we call justin the asic whisperer The asic whisperer love it and justin says justin you are everywhere lately I guess the being everywhere is just as a justin thing. So awesome Um, let's see that doug last but certainly not least doug Tell us a little bit about yourself and then we'll jump into quantum expeditions all right, well i've been in the uh oil and gas energy industry for a little over two decades now and uh, so that's You know how oz and I had the mutual friend in the oil and gas industry At the time and that's how we got connected Uh, but i'm here in the dallas area And uh, it's good to have family that goes back many generations uh here in texas So we've got a good long lineage here. A lot of people know us in the areas Awesome. Yeah, and I was able to go down to fort worth got to spend some time with justin and doug So they're good guys and they're good guys in person as well. Not just uh, not just on screen Um, so as we're going here too, I forgot question for the audience. Let me know guys What is your prediction for the price of bitcoin at the end of 2024? Okay, I just want to see what you guys think so audience, uh get those Predictions in whoever's closest Gets nothing except for just i'll trust your predictions more going forward All right, so let's talk a little bit about quantum expeditions and I do see we do have a new website So who would like to tell us a little bit about what is quantum expeditions? Um, what are you guys doing and show off the website a little bit? Maddie justin I can do that. Yeah. Sure. Just trying to manage my my four screens over here. Yeah I can share my screen too if you want me to I can do it man, and he dropped a massive guest down in your chat there Oh, yes Actioner you want me to bring you on action? Yeah, bring it action. There we go. The more the merrier look at this. This is a full house today action How you doing brother doing good man? This is pretty fun. I'm actually running on batteries right now to be here I just carried a huge apc backup battery to my office so I can get this up and running Have you mined bitcoin on that battery before Not bitcoin I have not Um, but that's actually a really good idea charging it overnight when the rates are cheap and then offloading it during the day There you go. It's still expensive here. Also, I can tell you're the youtuber of the group because your mic, you know, non-youtubers Mics leave something to be desired but then action comes on with the uh, the youtuber mic so good to see you action Um, all right. Maddie go ahead and tell us a little bit about quantum expeditions what it is. What's been going on? Yeah, um, so you you can see that the the new website is up and running um literally hats off to uh crypto witch and um I mean, she's she's done just just an exquisite job. You can see on this site. Uh, this is actually I would say by far the most beautiful website that I have ever been associated with and that's uh That's saying a lot just um, she did an amazing job and um From what she tells me this is the first time. She's actually I don't believe her But she says this is the first time she's actually built the website um, wow, yeah, so Uh, yeah, and then we can see some of the some of the high level stats here. Um got 142 miners running 14 peta hash 56 Investors total we've raised six hundred and thirty seven thousand dollars Uh over these over this, uh, uh, well there's two seed rounds one for quantum expeditions and one for Badger land which merged and so far on the we funder page uh, we've raised 37 000 so Um, yeah, we're we're rocking and we're hashing and we are now Very proud to be a profitable entity and uh making money as we go and the more people invest the more we're going to More profits we're going to make the more the company's going to grow And then obviously everybody gets to as you mentioned you're actually getting shares in the company So it's not just for one miner or one site or a piece of a hash rate Actually, you're going to be able to continue growing with us um later investors into the company are going to get Um, not as good evaluation as you're getting today um, and uh and um Yeah, so so you get basically get to grow with us and that's that's how we've structured this deal This is a deal that usually um only Uh vcs have access to and it is open only until february 29th Uh, yes, there is a february 29th this year. We checked and that is the uh final date for um For this we funder. Um We also wanted to show off something else that we've been working on if that's okay Yes um, so if we I will now share my screen because you don't actually have this one but I can You do it like this Oh, there we go. Yeah, I forgot to mention to audience if you guys have questions as we're going, please ask Okay, again, we have the whole team here. Okay, so Inevitably what happens every time is after the ama I get flooded with questions from people and I say Why didn't you just add the team was just on I I don't know. They're the ones in the know That's why I do an ama if I had all the answers, I wouldn't bring guys on I would just talk But I don't know anything. Okay, so ask your questions now Let's get marty. You got a screen here Yeah, and by the way, if you guys have questions after the fact, um, you can tag us all on twitter Uh, we're pretty accessible But the best way to reach us is by joining our discord and all those links will be provided after this Yep, absolutely i'll get them in the description right now Okay, cool. So tell us what we're looking at maddie one more over. Um, that's just a gf There you go So what we have here is a hand-drawn. Um badger Basically, so it's been a little side dream of mine forever to to have a badger nft collection um, so when I heard that we were doing a ordinal collection, it was definitely something that I was excited to pitch this idea. It was all ready to sell moddy on it I will show you my little presentation moddy on why we should do that. Uh badger nft one day um But yeah, so I was all ready to go. Uh, we decided to run with it. We partnered with a strategic art and design to complete um the collection and they are On track to be done here at the end of the month and we'll be dropping everything but uh, just have a sneak peek here Uh one of the one of the items that we're working on here. Okay, so justin you didn't hand draw this Can I can I swear on here? Hell no, no Not with james james James is religious. We gotta respect That's right. That's right. This is my kids actually hop on quite a bit Sometimes I have to tell my kids they hop in the chat and I have to tell them. Hey get back to home school So I say gay get back to school. What are you what are you doing? Um, so awesome actually one of the big questions I got after our last ama is what is an ordinal? Okay, that's something not everybody's everybody knows nft but ordinal is newer for some people. Can you explain what an ordinal is? so ordinals are like nfts um, but they are inscribed on the bitcoin blockchain and unlike nfts a lot of nfts actually The way they work is you're just you're you're not actually holding the artwork itself but only if It points to a file or a url that is posted on a site like ipfs or something like that So if the ipfs file goes missing Um, you don't actually have the nft anymore. You just have a blank Uh link that shows nothing the bitcoin ordinals actually are inscribed onto the bitcoin blockchain So the files actually stay forever uh which is then enforced by uh, tens of thousands of nodes across the world and um, Permanent made permanent by miners like us Um, so yeah, you get so ordinals are nfts on bitcoin, but they're even more awesome and they will stay forever They're truly immutable Yep. Yeah, so it's really really cool if you're a tech guy, especially it's really really cool Um, because like like maddie was explaining moddy. I gotta I gotta work on my annunciation there but yeah ethereum nfts, for example, like maddie said are just a pointer to a An image somewhere. Okay, and if you change the image the nft changes, it's really nothing. It's just a link Um, but bitcoin the image is actually on the blockchain. Um, so it's it's actually truly Um how I would envision nft should work. So it's very very cool Um, so how what what is this ordinal gonna do? How do you get one of these ordinals if somebody sees is like I want a badger like this What what does somebody have to do to get one of these? absolutely, so Um, if you look on the we funder page, uh, we do have some investor perks and um those perks include uh swag, which we're just Re-reworking at the moment. Um, and yeah, so you scroll down a little bit Oh you're on you're on this page too, by the way, I don't know if you ever noticed that just scroll scroll up scroll up Scroll up. Hold on. I don't know if you notice this. There you go. Oh, look at this I did. Oh my goodness. This is amazing. You are a notable, uh featured investor on the page as well um So, uh, yeah, you scroll down Uh, you'll get first you'll get the stretch goals stretch goals are basically community driven right community meaning um Once we hit cumulative amount so that right now is 37 and a half at 37 750 Once we reach half a million Um, we're going to be designing a board game um, which we've already put in a lot of the groundwork on the board game, uh, Will maybe justin can go into a little bit more if you guys like um, and then uh If if we reach cumulatively 1 million dollars and we're having a massive, uh party in the desert Um a rave some might call it with live music Uh beverages special treats And uh, and all that all that jazz um So those are community goals If I could add to that too, so the the goal of this ordinal set So some of the ordinal sets that are out there are just collectible, right? Um, and you're collecting them like, uh nfts. They appreciate in value Um based upon, you know popularity scarcity Um and rarity, right? So we've got those factors into this ordinal set, but uh, what's going to be releasing over? The next couple of weeks including you know, I think a couple of giveaways a couple other things is this roadmap, right? And the roadmap is leading to the board game. It's leading to um a potential game Later on but it's increased. It's it's leading towards increased utility Of these ordinals over the course of the next like 24 months And so the idea is is as we put together and you know move forward in the crowd race And then we move into the next phases of operation which are going to be you know, obviously Institutional rounds and things like that and expanding mining operations out We thought it'd be really fun to have something that we could give back to the community um, and it started out with the badger ordinals, which you know are obviously themed off of Kind of a dream idea that justin had but they are going to actually be able to play and interact inside of you know, initially A 2d board game but longer term Moving into kind of like a 3d game space and we're having some discussions right now um to figure out, you know, what's the best play for that because There was a lot of metaverse hype and uh, you know, that's great But we we want something that the community can actually tap into utilize play and be engaged with um, and it's also kind of just a A corollary benefit to what we're doing inside of uh, the fundraise and then building a company Which we thought would just be really cool and you know a great way to to just participate with us longer term Okay. Yeah, just disclaimer that um, okay if you can if you can go back to the um Page here future utility is is certainly not. Um, Uh promised at this moment as oz mentioned. We are definitely playing around with it um the So you're just on it right now. So if you see two and a half thousand dollars You get everything above Right everything that's mentioned But that's by the way the new swag and we're just we're just getting designs for the hats and the t-shirt and the hoodies as well um from uh from our artists and then uh for the two and a half thousand investment, so what you're getting is the investment of course, um But you also get anything with two and a half thousand or above you're going to be uh Receiving one of these bitcoin badgers Uh ordinals, so you'll have to just supply us with your bitcoin wallet I uh, I recommend unisat but there are several wallets that are compatible with ordinals You'll have to have an ordinal compatible wallet Um, and you just send us the address Uh, and then we'll put you on the white list um for uh for receiving one of these, uh, absolutely for free, uh, once you're on once you're on the white list, so It's not um, yeah, it's it's it's it's it's basically um, just our our way of saying thank you and um something that we We really wanted to do it but just for a very long time Putting out putting out one of these original sets. I mean it is definitely a lot of fun It's been a lot of fun creation process so far. So they send us the address and we'll do the rest It was just a missed opportunity for a good rhyme right there Youtuber got you. Where's your soundboard dude? We also have the artist valerie here, uh, hey valerie good to see you valerie and nice job on the ordinals they look great Um, okay. We do have some questions. Um, let me bring some of these up here Okay. Yeah, this is a big one. Uh Anyone know let's see. I got to move it so the action space doesn't disappear when we do comments Anyone know how and when investors are rewarded? So that's the big question again what people are used to with with the crypto mining Projects is you invest and then they pay you out some of the bitcoin that's being mined. You guys are doing it differently Um, can someone explain? How people should expect to get paid out if they invest over here on the side? Monty do you want to take that one? Yeah so, um Basically what you're getting is called a safe Which stands for simple agreement for future equity This is an invention by the vc firm y combinator to To have a way of investing in companies whose valuation is not yet known. So early stage company Hasn't had a proper valuation because having a proper valuation can cost tens of thousands of dollars if not more um, basically Uh, and and also I mean in the early stages, you don't really know what the company is worth Um, so with the with a safe What happens is as soon as the next valuation round happens? then your certificate will convert into preferred shares into the into the company, so um, let's say you're uh, you get in right now, you can see the Future equity on the page. It says 25 million dollars. It's the valuation So if you buy in right now, let's say with ten thousand dollars And then our next valued round, let's say we do a series a and a year from now And that's valued at 50 million dollars just for example sake right? So you've made double your money, right? So Uh, your ten thousand dollar return will turn into twenty thousand dollars If we do reach the billion dollar valuation that we uh that we see ourselves reaching within the next few years Um that would represent a 40 times return On your investment And of course billion dollars it may seem like a lot But just to remind you, you know marathon digital right now is a five billion dollar company Um riot blockchain is a three billion dollar company and spark capital's two billion dollar company. So plenty of room here uh to grow Especially given you know the team that we have um the deployment strategy the access to abundance of power um and Zero debt on our books Um, it gives us basically every all of those elements, um that are needed In order to succeed and serve and even possibly surpass some of those Uh valuations don't forget this is coming off the bear market, but there's some of those valuations So in the bull market, I I foresee, you know, once bitcoin is a million dollars um Some of these some of these companies are going to be worth a lot more than that Yeah, and there's potential just when the bull market hits if bitcoin doubles in price the company could be worth double, uh immediately Um, we've seen that with the miners right during the bull market the miners Worth they're just the value of the miners themselves Doubles or triples in a lot of cases, um along with the price of bitcoin. So definitely could see that Um, can you tell us a little bit about power? Um, because again when people talk about bitcoin mining power is One of the key metrics is power cost and so how are you guys doing power? How are you competing with some of the other bitcoin mining companies? And uh, what what's uh, what power costs are you guys looking at? So, um, maybe i'll take a stab at that and then i'll toss it over to doug. Um in europe Uh, most of the companies have to disclose everything. Yeah, there's a little bit more of uh Regulation around poaching and those types of the thing Um here, uh what we kind of have a little bit of risk with is if we start disclosing just detailed power prices Um and locations people can kind of reverse and figure out where we are um, so what i'm going to say is this we've got a couple different installation locations Where we're looking at pretty competitive prices and i'll just kind of give you An algorithm to to think about there's a lot of folks out there that are screaming four cent power four cent power four cent power right And uh, and you know, they find the four cent power and they they'll have like a 12 month contract But that's not really the the whole argument there One of the biggest issues that you run into is line costs Okay, and that is the power transmission cost from wherever it starts to wherever it ends up And that's typically transmitted at like 144 000 volts and then it's stepped down through transformers That can be anywhere between 2.5 to 4 cents, right? And it's an average of three cents and in texas it's three cents Um, what I can tell you is that we're not paying those line transmission costs with the agreements that we have in place Um, what I also can't tell you is that we have a very competitive power price And you know most of these miners that are out there they aren't really disclosing all that stuff Um, they yeah, they can say four cents But like when you do the full tally you're at maybe eight nine cents Right for that kind of a thing and then if you look at what's being pushed out Commercially right when people are saying hey, we'll host miners and that kind of a thing I mean you're looking at the the 10 to 15 cent range Um just internationally, right? So one is that we have very competitive rates two They're they're locked in for several years and three we've got the opportunity to expand into several megawatts. Um, Where we are and and that's you know, I think the extent that we're comfortable sort of sharing it Um, but also understand that like we are very competitive with other players that are out there including much larger players Um, and our our footprint focus is to build this You know starting out with a couple of containers like we're we're filling one right now Um, but then kind of going into much larger operations over the next couple of years Um because and maddie likes to say it We we're trying to build this to a billion dollar company, right? Um, and that takes obviously hops and skips and steps to get there So, you know initially we're trying to take it from our current valuation Which is uh about 25 million bucks take it to the next step, right which takes us to 100 million dollar company and then there'll be probably a step or two on on the way to a billion dollars, but that's You know a larger amount of deployments That's leveraging the experience and expertise that doug and trent and a number of folks bring to the table Um where we can exploit natural gas we can exploit, uh, green tech. We've got a lot of green power in there Um and then we can put together a good power mix that doesn't just serve our long-term efforts But really kind of returns to you guys, you know the the investor that we're uh looking to get involved now Um, and then just kind of benefits everyone involved in the company long term Okay, as you were talking about doug here. Um in addition to the price something that's really important is the availability of power Because what's the point of getting a one penny if you can only plug in one miner, right? So doug what does that part of it look like? Right. So You know, texas is unique because we have our own grid Uh called ercot e r c o t um and you can look that up, but the good thing is Uh, we have a lot of power and texas, you know being energy capital Probably of the world now Uh the largest producing fields in west texas one of the things that was really unique Uh when I joined this team and we're out there trying to find the best place to go because originally it was to go find gas, right player games And when we started talking to these billion dollar companies, they just wanted to give us the one year contract Like who wants to move every 12 months? And you're down for a month moving. So that doesn't make sense so we started uh you know talking to my family and friends and I've got a cousin that's been in construction for 50 years. They're in west texas and uh, uh Asked, you know through some uh, uh count uh advisors. They said, you know, the best thing to do is get plugged into a uh substation Hey, you got a substation I'll end up uh, her friend worked at a power company and he put us in touch with a guy that was You know heading up the bitcoin mining section of their power company And when they found out that our family, uh You know routes go to west texas really deep and just a mile uh west of their office was an road named after my granddaddy and so It didn't take long for them to call me back and say hey, we've decided we want to do business with someone local You know and uh, so that was uh, you know kind of what you know or who you know more than what you know which You know, we all know that that works pretty nice sometimes and so that's really how we fell into one of the best uh industry uh power purchase agreements, uh That you can get But the other side of the coin or the other advantage that we have is the depth of knowledge of oil and gas companies And so we're able to help these oil and gas companies, especially the smaller ones And this is what we found out some of the smaller companies that have like 30 50 100 uh oil and gas wells out there And they can't get connected to these same pipelines that these billion dollar companies are attached and so they're having trouble and they're you know got a permit or Or they shut wells in because they can't flare their gas or vent their gas and so we can go to these companies And this is what we're doing right now And make a solution for them that they're able to sell us gas for super cheap And we can turn that gas into energy and then that energy combined and as you know with starlink and other You know abilities out there that we can connect in the middle of nowhere uh to the worldwide web and that's so, you know, that's called off-grid the Plugging in directly to the substations on grid and so we're going to be a hybrid type of company be able to do on-grid off-grid and also in the the green energy side texas has the largest amount of uh wind turbines installed And than any state in the country and so there's some big wind farms out there and when Uh, the temperature is nice outside and there's a lot of wind But there's not a lot of usage of electricity. That's where we can do things and we talk about justin being the ASIC whisperer he can go and get those things over clock And you know use more power when it's available and when it's super cheap So we've got a lot of things that we're able to do And we can move a lot quicker than a billion dollar company right now because we are small But uh, we've got a huge advantage uh And i'll do one more accolade to justin here is that What you'll find out In the time frame. I don't know if they were going to talk about this, but when we did our first installation From the time that we got the miners Located there and making and mining Uh, we did it they did it in record time. So, you know justin the team that we have You can't understate what we have you talked about You're forgetting someone too doc, um, and uh, yes as far as Uh time to deployment by the way From the time that we bought them the these miners which first of all was was the exact bottom of the market as far as the mining price the machines have been Depreciating in value for a year and a half and we managed to catch the exact bottom of the market for our purchase um Time to deployment was record. We have advisors who were just like stunned They did not believe that we could ever ever do something that quickly and get them all plugged in As fast as fast because there's always delays people who know about project management know this Um, I mean we had delays but we we breezed right through them. We saw them coming and we were able to get around them and yes, uh, obviously justin like huge hats off to you, but I also want to say Special thank you to trent And trent's family who busted their asses Getting everything. Um organized. Um You know getting the site prepared Um and everything we definitely could not have done without them their their their blood sweat and tears going into that as well Hey, if you're going to talk about family also justin's mom gets, you know Hats off there as well for all the networking. She made sure everything I cleaned up real nice Yeah, so and I do just want to point out like we're having a little love fest here but it is it is true like all of us complement each other really really well like Badgerland could have stayed on its own. I could have plugged along I could have made the calls to the people that doug doug's family knows and they could have ignored me and gotten back to doug, but I mean just No having doug having access to what he has access to Having oz and moddy and trent and what they have access to is why I merged like that That's that's really what it was all about. So Yeah, I was going to mention that I think that's one of that's what I noticed that makes this Team so powerful is there's so many different people that have different areas of expertise that all came together You know, they say team Is an acronym together everyone achieves more And I really see that here with the quantum expeditions team So I was getting you on board to do an ama because it wouldn't have happened if we all weren't like hey pelton Talking when we're talking pelton Yeah, exactly. Yeah action hooked me up and i've been uh been a big fan Um, we did have a couple questions, um, so talking about how so you get equity in the company Um quarter miles wanting to know how do you get profits then? So what what do you do? Are you do you have to sell your stake or how does that work? No, no, thank you for asking and thank you for for clarifying that that's that's on me. I should have explained it better um holding shares in the company Is more than just hoping to sell them out later on for a profit, right? Um, yes, there is that and you know, the value goes up but it's not just like a cryptocurrency that you know Can go up and down in value and then you have to sell it to extract the value in fact Um equity in a company means that you get to share in the company's profits as the company is running Um, and this is called dividends And a lot of big companies pay them. Not every company pays dividends. We certainly plan to uh share our profits with our investors and the reason for that is That um, everybody that you see here in front of you is also Incentivized by equity in the company meaning when we get profits We want to take some of it and we want to take some of it for ourselves Um, we're paying out ourselves and we're paying out all of the investors according to your stake in the company as well So if you hold a quarter percent uh of of the equity in the company Then you will be making then you'll be earning a quarter percent of all of the dividends and all the profits that we extract In the company as well Okay. Yep. So that makes sense. So there's there you're going to have equity So you're going to receive dividends, which you can't say exactly what those dividends will be Um, but the sec has very strict rules about this. We are not allowed to promise dividends um, but I can tell you that we really uh, that is that is in our plans that is in our roadmap and that is Uh how we're going to be extracting value as well, uh as people who are building Okay, very good. Um, and is there is there a minimum investment amount? and the answer is Yes, it's a hundred hundred bucks If you go to the we funder here and i'll leave this link in the comments if you'd like to invest Minimum of a hundred dollars. I don't believe there's a maximum Um, but again based on how much you put in there's different bonuses Um that you receive so just keep that in mind like don't invest Nine thousand nine hundred and ninety nine dollars or you won't get the hoodie, you know So make sure that you keep an eye on those, uh, but minimum of a hundred bucks So very easy to get in another thing. I really like about this if you're watching Um a lot of projects I have on my channel if you aren't very familiar with crypto You're kind of out of luck like there's it's very difficult um, you know, I had Monstros dgens on the other day and you have to go get some bnb to invest in that and if you're watching my Channel and you're like, okay. I don't know what bnb even is Um, this is much easier to get into so you can invest, you know, just with credit card with bank account Um, so I think this is another place. I would point people who want exposure to bitcoin who don't know a lot about crypto Um, this is uh an easy way for you to get some exposure to to bitcoin without knowing any crypto So and a good good chance to learn a little bit about crypto. Like hopefully you learned what an ordinal is today so Um, and then what machines are you looking to invest in says from aussie j mining and crypto So as far as that goes, um The nice thing about our power rate is it doesn't lock us into needing the most efficient miner Um, we i'm we're absolutely looking at the s21. Um to to invest in those next Um, but the nice thing about our rate is we're not locked into those to be profitable and be successful Okay, gotcha Yep, and then I could say something on that real quick Yes, please do doug. So So when before we actually bought our first round of miners You would be amazed at the data and analytics That uh, justin and the guys were going through to determine which machine would be best because with us going in front of having buying before having You know, you've got to weigh your your your options, you know, what's going to happen? And so we don't just willy-nilly, you know pull the trigger We do some real Uh analytics, you know find out what would be the best route to go. What would be the best miner at this situation? And uh, it really worked out, uh, because they're out there, you know making making money for the company right now Okay, gotcha. And the miners you have right now running are they're the s19k pros. Is that correct? Yeah That's it but that doesn't mean those are gonna be the next ones right because uh If you take a look at what doug is talking about It's a huge spreadsheet with hash rates power consumption and what profitability is based on the price of bitcoin So we have variables for that. We have variables for the difficulty of the network, which just dropped Thanks everybody for helping us out letting us mine a little bit extra there Um as well as all the crazy stuff that's going on with ordinal So it's a lot that goes into this like doug was saying it's not just like yeah We're gonna buy the new thing because that's gonna be best. That's not how it always works. So we do a lot of work I mean I really appreciate all the work that justin put into this because he did nerd out for quite a bit putting this excel spreadsheet Together and make sure that we're mining with the most profitable machines out there He's the ASIC whisperer Yep, and that's you know, I love that. I do some mining on my own, but I've found it is too Stressful like you have to keep track of too many things Uh, it's loud it's it's hot the miners break you don't get the right miner at the right time Um, so for me at first I when I first got into crypto I was like, you know, I want to mine myself this will be so cool and i'm happy to have a couple miners running but I'm, so happy to outsource this to people like justin and the quantum expedition team where it's like Hey, you guys keep track of that You keep track of power costs and what miners are doing well, which ones are not and if they break you fix them Um, i'm so happy to outsource that now James, you're right. It is really cool. Like I love mining. That's why we're here, right? It's just it's a lot of work as well Right when you when you get into it and you really want to make it a profitable long-term investment Like it's not just plug it in and forget about it. Yeah, maybe that's how it works on day one But hey, is your network trip? Do you got some ip conflicts going on? Do you have your power that it go down without you noticing like all these little things just add up and You gotta pay attention to you gotta be there for it and if you're not well, that's money you're losing every single day So having people who do you know pay attention? Um, if there's a miner that goes down right now, um, justin will Probably get off the stream and go figure out what's going on He's gonna get a notification right away and you won't see him for a bit Actually, what's gonna happen is i'm gonna ping justin going justin with the f and then he's gonna go. I know i'm working on it Yeah, right. I'd much rather have justin do that than have to worry about it myself I tell you there's nothing worse For me at mining at my house than when I go to check my miner and it's like oh It's been offline for the last six hours or something. They're like, oh my goodness six hours That's nothing comparison to some of the ones i've encountered like oh this hasn't been running all month It was on but it wasn't mining Yep, absolutely. I would recommend people, you know, if you want to get a little tiny miner Um sometime i'll show you I have this little tiny miner back behind me and i've got this little Raspberry pi thing that's mining and things like that. Those are kind of fun But if you want to do serious mining, I recommend you outsource it to the the ASIC whisper Um, or a company like quantum expedition, they're going to get better power rates, too There's no way you're going to be able to compete with their power rates. So I would recommend that Um, I did have a question about longevity. So how what's your guys's long long-term goal? Like are you thinking about I think when people think about crypto Sometimes we have very very short-term mindset because We've seen I mean crypto things just fall apart so quickly Uh in defy and you know the different but tell us a little bit about longevity How long are you guys planning on doing this? forever Forever The mining of bitcoin Um, which expires and you know, it's in a while But when you have these miners running consider the fact that there are a number of tokens out there That are forked off of bitcoin. So even once we get to the end of this cycle, right? There's the opportunity to start leveraging these miners into those coins and converting that for bitcoin now That's years in the horizon, right? but the the long term of this is is that one, you know, we're going to be successful and Continue to be profitable mining bitcoin, but two Um, we've got a couple other options, you know when we hit that ceiling, um at the end of time And it will continue to operate us. It'll continue to make us profitable and they'll continue to pay out dividends um, especially to folks that get involved, you know very early because Evaluation is about 25 million now, um a couple more rounds, you know, as we said before it's going to be quite a bit higher And as maddie pointed out, you know, you're looking at yields, uh that are pretty significant over the course of time 2140 is when we should be stopping the whole mining thing Um, but that was before or knows and you know taproot came out So now like we're getting better rewards from transaction fees than actual mining rewards like we're supposed to so We were going to stop in 2140 but we might just keep going forever like maddie said Okay, awesome. We'll all be from from our nursing homes in you know, 50 60 years We'll we'll have some uh miners there in uh, maybe in our room. That'd be awesome Sharing nursing homes here. Are we all going to go to the same place? Let's do it. Let's do it Hey, we're all still around in 50 years. Let's all go to the same nursing home, lincoln, nebraska Okay, i'll invite you i'll send you guys an invite Short answer to this one. Yes Okay, so they will be looking at hosting miners in the future. Do you have a timeline on that? Uh, i'm not gonna go ahead on it the so i'm not gonna put one on it Um, I want to be able to do this, right? We don't want Uh, even the remote chance to be another compass or have that kind of disaster. Yeah, um, if anybody knows me um customer service is one of the most important things that I Strive to give to any investor and if we if and when we do host any hosting client So to be able to do that requires the right infrastructure and the right people on site Um to be able to deliver that service. So until that's in place, we're not going to offer hosting Okay However, I will throw this out you guys In fact finding a little bit, uh what you're interested in in looking at Um, because I think justin said it's not going to be deployed without a strong customer service thesis and a maintenance thesis um But it is something that we're definitely looking at Okay. Yeah, and I was gonna I was gonna mention if you're interested in hosting get in touch hop in the discord Which I posted a link but i'll post it again hop in the discord and just let them know because yeah Yeah that being said we can definitely help you and connect you with the right players Um as part of the value that our team brings Are you saying that we take care of our people? Yeah, so that's the coolest thing right like you not only have access to Invest in the company that is going places, but the people that are hidden in it We we kind of know everybody in the market. We know all the players that are around what's worth it What's not worth it? And although we would love to say Investing in quantum is the only thing you should do like we actually care about people and we tell people diversify Make sure that you're doing you know You're due diligence and we tell them how to mine the right way And if you do have a miner you want to send it somewhere Of course, we're going to be looking out for you know, our investors the people that have believed in us So jump into discord We'd love to have a conversation to be able to help you out if you are interested in doing something like that Yep, absolutely if there's a huge demand, I bet it'll move its way up the priority list probably so you just hop in discord Get to know the community a ton of experts in all things mining. So I would recommend that Um, I wonder as parents do I smell something burning? Is that uh, should I be concerned or should I just keep keep going like nothing's happened? Maybe they're messing with candles. Maybe we'll we'll wrap up here in the next couple minutes. Um You better take care of that man, I got kids you guys yeah I'll keep you guys updated on that. I don't see any flames. So i'm Honestly, do you hear any miners running is it are they are they playing with miners? That's probably what's going on is the miner. Um, are dividends paid in bitcoin? Yes, and no, um for the seed investors it will be And um for anybody on the crowd fund with an investment of fifty thousand dollars or more We'll uh have the option to be paid at bitcoin Um, we might be able to go for lower than that, but I i'm i'm not guaranteeing it for uh for everyone at this time Okay Nope, good good answer Um, all right I need to see what it looks like in practice honestly before we can say hey everybody gets bitcoin and and then start going Oh you get um, you know three dollars and uh Dividends and here you go. It's at the fifteen dollar transaction fee. We're like Exactly about that. Yep. Um, but I wanted to say just before we wrap up Uh, I wanted some to give something special for everybody who's watching us and thank you very much for for watching uh, you know to to hear and um If for any anybody who does make an investment on the we funder page of uh, 250 dollars or more within the next three hours We'll get you a whitelist spot for the badgers Um, so for these, uh, these badger ordinals that we were showing before Um, i'll come up here That's the one that's usually 2,500 is that right? That's yeah, it's 2,500 if you're making it. Yeah, you're making an investment 2,500 At any time you're going to get one you're going to get on the whitelist to get one um, and these are uh, these are hand drawn by Uh valerie Uh who was in the chat earlier? Unfortunately wasn't able to join us on stage, but we'll definitely get some face time with her uh as we get as we get going with this thing because uh Valerie, uh is a very um, well known Ordinal artist and we've been we've been working quite hard on this So again, anybody who's making an investment of 250 dollars or more within the next three hours of this live stream Um, just go ahead and and join the discord And uh, let us know that it was you or ping us on uh, twitter on uh, ntm expeditions um, and we'll make sure that you get on the whitelist, but make sure you let us know Otherwise, we won't have any way of knowing. I'll check the time stamp Awesome. Love that. Yeah, denver bill Um, he says what was the seed round valuation? Maybe our last question here Yeah, the seed round valuation was 20 million dollars Um, so basically anybody who's investing today Is getting just about the seed round. So you're getting a valuation cap of 25 million dollars But also you get a 20 discount. So it's net net you're getting about the same as anybody who invested Two years ago in this company and took a much larger risk than you're taking today Yeah, that's that's a pretty good deal because the miners are there they're running now Um, so like you said much much less risk for the same valuation Uh, that's a that's a good deal. So All right, we will wrap up here Um, I was like a marketing guy. So I always like calls to action purpose of videos is for some kind of action Okay, so hey action crypto you you might probably agree So calls to action hit the like button number one thing. Okay, that's easy free If you're watching this, please hit the like button number two go check out the website Okay, again, even if you're not totally sure if you want to invest or anything like that Go check out the website read about the company read about the team see what they're up to Um number three hop into the discord and get to know the community there um again, if you like mining you will like this community you'll like talking with them and um, and again, they're um, They're very generous. They're very willing to help people and talk talk with people about things Even if you don't end up being an investor Um, it's just a friendly community that is very helpful So go hop in the discord and finally if you would like to get involved financially i'll leave this link one more time But we funder.com slash quantum expeditions It's a minimum of a hundred dollars In my last video I showed you me putting in 2500 bucks So you can put in money just from your bank account or from I think even a credit card So you can a lot of different ways to get your money in doesn't have to be crypto. So that's Easier for some people especially if you're not used to crypto And stay tuned we're gonna have this team on More, um, you'll see more videos from me whenever I do a video about bitcoin Which i'm planning on doing a lot of videos about bitcoin again. I get asked every day From normal people crypto people are not normal. Okay, so I get asked every day from normal people Hey crypto looks like it's it's about to take off. I keep hearing about these etfs What should I do to get exposure to crypto and I tell them you need to get some exposure to bitcoin And potentially get some exposures to bitcoin mining So i'm going to be doing more videos about that quantum is going to always be up there as one of the things I talk about so We will wrap up their audience appreciate you guys Again, and ossy j mining says we are a unique breed. Very true Um, very true I I forget sometimes i'm i'm so much in crypto sometimes I forget when I talk to normal people how Weird we are in crypto. Um, but uh, you know, you talk about a badger ordinal to an average person and they're like Oh, okay. Nice. That's what you do for a living great Um, but yeah audience. I appreciate you guys very much again The reason i'm able to connect with every single person Justin doug moddy oz and action is because you guys watch my videos. So thank you guys very much appreciate you very much Um, and then quantum expeditions team. Thank you guys for building something. Thank you for bringing it Thank you for letting me be part of the team and we will for sure Be seeing you guys soon awesome All right. Thanks everybody. Have a great rest of your monday. Thank you. We will talk to you later. Bye for now