After the Divorce, I Found a Thousand Bitcoins - Chapter 70
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This chapter was translated by Lunox Team. To support us and help keep this series going, visit our website: LunoxScans.com
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I Got Divorced and Found a Thousand Bitcoins Episode 070
The Founding of the Great Korean Empire entered full-scale pre-production.
“So in the end, it’s not a movie but being made into a series?”
“Yeah, Amazon wanted it that way. Director Bong was okay with it too, so we decided to proceed.”
“Wow~ Isn’t this Director Bong’s first series work?”
Amazon’s only condition was to turn the work into a series.
From their perspective, they needed to create killer content, and a series would be a better long-term revenue source than a single movie for killer content.
Director Bong Jun-seok also looked at the work’s synopsis and decided that serialization would be more suitable, so he decided to produce his first series in his career.
“Yeah. If this work turns out properly, we can expect tremendous income.”
“Plus, the Yeongjong Island Theme Park will have a clear theme too.”
“Right. Since the first season’s broadcast timing and the theme park opening will happen around the same time, we’ll be able to create synergy effects.”
To be precise, the theme park was scheduled to be completed six months after the first season aired.
So we consulted with Incheon City and decided to set the theme park’s main theme as The Founding of the Great Korean Empire.
“If this works properly, will it become like Universal Studios’ Mario World?”
“There’s a condition that the theme park must be built properly too, but that possibility has emerged.”
No matter how successful the drama was, if the theme park was built poorly, it would eventually fail.
It meant we couldn’t just rely on the drama’s halo effect.
“KH Construction has no experience building theme parks. Will it be okay? Decorating like an amusement park is difficult work.”
“That’s why we decided to recruit external personnel. CEO Kang Myeong-gu is sending employees overseas. We need to recruit experts to build the theme park properly.”
“The construction costs will increase, but Incheon City managed to give the okay sign.”
“When we said it would be a work with Director Bong Jun-seok participating, they gave the okay.”
“Wow… truly world class.”
World class was the perfect expression.
When they heard that Director Bong was taking on the work, Incheon City was giving okay to everything Kang Hyeon said.
Director Bong Jun-seok’s name power was that tremendous.
“Now that problem is solved too. Is it rest time for a while?”
The currently ongoing project was a long-term project.
In the short term, unless there were any particular problems, I had no intention of taking on more work.
The problem was that Kwangho had said those words.
“Hey, man. Don’t you know that’s taboo?”
“Ah…”
There was a saying in Yeouido.
Even if there were no big issues in the market, you shouldn’t say you could rest.
And that taboo worked precisely this time too.
Ring-!!
Kang Hyeon’s smartphone rang, and after checking the number, he sighed and answered the call.
“Yes, Nathan.”
It was a call from Nereid.
Just as he was wondering what news it might be.
Kang Hyeon stood up from his seat.
“Understood. I’ll go to the United States right away.”
After hanging up, Kwangho asked Kang Hyeon.
“You’re going to the United States now?”
“Yeah, they said the immersion cooling technology is complete. I’m going over with Kim Ha-ryul.”
“Huh? Oh, okay.”
Watching him leave the office, Kwangho shook his head.
* * *
Nereid Headquarters in the United States.
Kang Hyeon arrived there a day after receiving the contact.
“Welcome, CEO.”
“It’s been a while. Is it true that the immersion cooling technology is complete?”
“Yes. I’ll take you to the research institute to show you.”
Nathan led the way.
Upon arriving at the research lab, Nathan immediately sat in front of a computer and showed the data.
“The immersion cooling that had been problematic is now operating normally. The safety issues we thought were problems have also been resolved.”
“Is it at a level where commercialization is immediately possible?”
“Commercialization requires facility investment. If we can resolve that, it’s possible.”
“How much cost is needed for facility investment?”
At Kang Hyeon’s question, Nathan pondered briefly before speaking.
“If we make everything directly on our side, we need about 200 million dollars in funding. Of course, this amount varies depending on where we deliver to. It could increase or decrease.”
Immersion cooling technology was ultimately a technology for delivering to data centers.
The more they delivered to large corporations, the lower the cost of producing immersion cooling technology could become.
The problem was finding a reliable way to break into large corporation routes.
“At this point, if we take this technology to large corporations, will they accept it?”
“Hmm… honestly, it’s fifty-fifty. To switch to immersion cooling, data centers need to replace all their current equipment. This is considerable cost for the centers.”
“But wouldn’t this technology reduce their long-term maintenance costs?”
Kim Ha-ryul, who had been listening from the side, joined the conversation.
“For existing data centers to extract efficiency beyond installation costs by introducing immersion cooling technology, it takes an average of four years. Above all, I’m somewhat skeptical whether large corporations will aggressively accept this newly completed technology.”
“So there are few companies willing to invest large sums in technology whose safety hasn’t been confirmed.”
“Yes. It would be better to either target small and medium data centers or first apply it to data centers operated by Nereid to prove safety.”
Just because new technology was completed didn’t mean it would be immediately accepted in the market.
Due to maintenance and safety issues, their acceptance would come after those were resolved.
After pondering briefly, Kang Hyeon asked.
“How much does it cost to replace the equipment in data centers we own?”
“If it’s a data center built with immersion cooling in mind from the beginning, one million dollars should be sufficient for the cost itself.”
“Good. Then let’s get to work right away.”
“Understood.”
“And let’s also get safety ratings through certified institutions.”
“Yes. I’ll prepare immediately.”
It was time to get busy again.
* * *
Through his conversation with Nathan, Kang Hyeon was able to learn one more fact.
“The core of the immersion cooling I developed is the solution and the tank. And nickel must be included in this tank.”
“Nickel?”
“Yes. Without Grade 1 nickel, safety drops drastically.”
Hearing that story, Kang Hyeon could now understand why the Indian mine had shone so brightly.
‘In the end, everything was connected.’
The nickel mine he discovered contained a large amount of Grade 1 nickel.
‘If immersion cooling becomes mainstream, nickel prices will also skyrocket.’
The justification for his current nickel position to rise also became clear.
Moreover, the royalty holding with the Indian government would inevitably return as long-term profit for Kang Hyeon.
“Nickel supply shouldn’t be difficult. The consortium I’m participating in India is in the middle of mining operations.”
“You’re… directly mining?”
“Yes, I discovered it by chance. It’s good that it’s used in the immersion cooling you mentioned.”
“Wow…!”
Nathan couldn’t help but be amazed.
Using nickel as a core material in his technology was something he had conceived from the early stages.
It had only been six months since Kang Hyeon acquired Nereid.
Yet he had secured nickel beforehand.
‘How lucky can someone be?’
This was something I could only consider as lucky.
“Once we confirm that the safety of this technology is secured, let’s discuss applying it to the data center we’re building in India as well.”
“The India data center?”
“Yes. We formed a consortium to mine the nickel mine. SS Battery has joined as a partner in it.”
“SS Battery – do you mean SS Group from South Korea?”
“That’s right. SS Group itself has invested quite a lot of funds in this India development, so they would be pleased if we could apply immersion cooling technology that can reduce maintenance costs.”
“…You’re an even more remarkable person than I thought, CEO?”
At first, I simply thought he was an investor active on Wall Street.
But to think he was someone who had even South Korea’s major corporations in his grasp.
I couldn’t help but be surprised.
“For now, Nathan, please prioritize getting the stabilization certification for immersion cooling.”
“Leave it to me.”
After finishing the meeting, Kang Hyeon immediately contacted SS Battery to schedule a meeting.
* * *
SS Battery CEO Lee Tae-sik had been in a good mood lately.
‘The stock price keeps rising day after day.’
SS Battery had directly participated in mining the India nickel mine and was now able to receive a stable supply of Grade 1 nickel.
The market accepted this as a positive signal, and SS Battery’s stock price was rising continuously.
‘With this, our company’s position within the group has also risen.’
Within SS Group, SS Battery was like a white elephant.
It was something they had to keep holding onto, but it wasn’t an entity that could lead the entire market.
However, with securing this nickel mine, SS Battery’s position had risen dramatically.
For CEO Lee Tae-sik personally, this was also a clear achievement.
Being able to achieve this was thanks to the person named Choi Kang-hyeon.
That Choi Kang-hyeon had contacted him.
“Yes, Choi CEO. Have you been well?”
-Thanks to you, I’ve been doing well. How have you been, CEO Lee?
“Haha! Thanks to you, I’ve been doing very well, keeping quite busy.”
It was nice to see Choi Kang-hyeon again after a long time through video call.
“By the way, a video conference. I guess you’re not in South Korea?”
-That’s right. I’m in the United States on business. Thank you for responding quickly to my urgent meeting request.
“You’re our best partner. It’s only natural. So what did you request this meeting for?”
-It’s about the data center we’re building in India.
KH Consortium was building a data center in India to obtain mining rights from the Indian Government.
Since SS Battery was the main entity for the data center, CEO Lee Tae-sik’s eyes lit up.
-I’d like to install the cooling system there as water cooling instead of air cooling.
“Water cooling? As far as I know, isn’t the cooling system for data centers basically air cooling?”
-That’s right. That’s the standard system. But it will change in the future. Nereid, where I’m the major shareholder, has developed new immersion cooling technology.
“New immersion cooling technology? Wait, more than that, isn’t Nereid a company listed on NASDAQ? You were the major shareholder there?”
-Yes, I hold the largest stake. And we recently completed development of the new immersion cooling technology. We’ve already entered the certification process and will receive certification soon. We hold the rights to the technology.
“Huh…”
This was surprising news.
He had known that Choi Kang-hyeon had a lot of money.
But to think he was the major shareholder of a company listed on NASDAQ.
‘Nereid’s market capitalization is…’
Lee Tae-sik searched for Nereid’s market capitalization on the internet.
<Nereid>
<Market Cap: $1,754,228,962>
1.7 billion dollars.
In Korean won, it was an amount reaching approximately 2.48 trillion won.
‘Choi Kang-hyeon, this man… he’s an even bigger shot than I expected?’
As Lee Tae-sik was too surprised to answer, Kang Hyeon in the monitor called him again.
-CEO?
“Ah, I’m sorry. So you want to put immersion cooling as the main cooling system for the data center we’re currently building?”
-That’s right. I’ll guarantee the safety. If any problems arise, I’ll take responsibility for all compensation on my end.
“What kind of efficiency does it produce?”
-Based on current data, it appears we can reduce costs by 40 percent compared to existing air cooling methods.
The cooling system was the biggest maintenance cost for data centers.
But if that cost could be reduced by as much as 40 percent, this could be called a revolutionary method.
‘If this is true…’
Nereid would definitely become a game changer for data centers.
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This chapter was translated by Lunox Team. To support us and help keep this series going, visit our website: LunoxScans.com
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