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Bitcoin Mining Proposal Email: sagar.atalatti@live.com

Dear Vishal Desae, As per our last meeting on 10th June and bitcoin mining presentation presented to you. I would propose you the final investment plan for bitcoin mining.

Bitcoin Projections based on the historical analysis. •

Today's Bitcoin Price = $6,807

Bitcoin Lowest Speculation in 2019 = $2,800 to $3,000 that's –85% retracement than the previous highest rate of bitcoin.

Bitcoin is speculated to reach $100,000 to $1,48,000 by the end of 2021. When the average mining cost of 1 bitcoin will be around $50,000.

Bitcoin Mining Proposal 1. Bitcoin Mining proposal for 5 Bitcoins miners for the year 2018 to 2019 mid = ₹3,70,000. 2. As per the life expectancy of Bitcoin miners is 1.5 years to 2 years we would need another batch of 5 bitcoin miners = ₹3,70,000. We should consider 3 replacements of bitcoin miners on the safer side. 3. The average cost of electricity required by miners running 24x7 is ₹6,57,580 for 4 years. 4. With total investment will be ₹17,67,580. We will mine around 5.2 bitcoins by the end of 2021.

Returns and Exit Strategy 1. The bitcoin mining cost reaching $50,000 per bitcoin by 2020 the average the cost of bitcoin will be $50,000 thus considering the value of bitcoins we have mined will be ₹1,74,20,000 by the end of 2021 2. Based on the historical bitcoin price pattern growth we can foresee the bitcoin price reaching the new highs around $100,000 to $148,000 by the end of 2021 thus considering the value of bitcoins we have mined will be ₹3,48,40,000 to ₹5,15,63,200.

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