Beginning in January of 2018, the Company began identifying suitable properties in North America and Europe which possess the attributes needed for the buildout of a proprietary design of specialized data centers for the purpose of hosting Crypto Currency Mining Hardware (“Miners”), a secure network platform, and a suite of managed services specific to the needs of emerging large-scale mining operations. These attributes include the essential power and telecommunications components as well as climates that are conducive to cooling exceptionally large instances of power consumption. The Company has identified more than five (5) such properties and is 7 currently in the draft stages of a Letter of Intent with landlords to secure leases on multiple North American and European locations. The Company is negotiating bulk-pricing from multiple energy retailers to ensure a predictable cost of power for the mining facilities
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