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Topic: I get a loan for mining hardware, but I cant back loan, HELP ME - page 5. (Read 11171 times)

legendary
Activity: 4466
Merit: 3391
Why aren't you posting on the Russian board. If anyone could help you out, it would be someone there.

https://bitcointalk.org/index.php?board=10.0
hero member
Activity: 1078
Merit: 502
Loan's from the mafia and steals electricity to help from going under. good job, you couldn't do that here with all the crazy smart meters.
hero member
Activity: 868
Merit: 1000
What's your hashrate? Looking at your setup (6830s? Really?), I'm guessing the US$18/day was before the reward splitting and you're about 5GH/s right now. Basically, I'd say you're about screwed. You picked cards with low resale value, so without knowing your setup it's hard to give good advice.

At this point, even with $0.05/kWh electricity you're going to be losing money after taking into account your interest payments. I would sell everything online and try to pay down the debt. Maybe you can get it to a more manageable level.

13 Gh/sec and 8000 kW*h per month (but I steal electricity at night, 25% monthly electricity). 8000-2000=6000 kW*h

Different GPU's 5xxx/6xxx/7xxx, overclocked.
legendary
Activity: 1274
Merit: 1004
What's your hashrate? Looking at your setup (6830s? Really?), I'm guessing the US$18/day was before the reward splitting and you're about 5GH/s right now. Basically, I'd say you're about screwed. You picked cards with low resale value, so without knowing your setup it's hard to give good advice.

At this point, even with $0.05/kWh electricity you're going to be losing money after taking into account your interest payments. I would sell everything online and try to pay down the debt. Maybe you can get it to a more manageable level.
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
In Russia there is no laws about bankruptcy individual person, it privilege of large wealthy organizations.
Unfortunately I don't know much about the existing laws in russia. But this doesn't make sense. Unless the only way to become debt free is to spent some prison time.

Dont drop the soap.
donator
Activity: 994
Merit: 1000
In Russia there is no laws about bankruptcy individual person, it privilege of large wealthy organizations.
Unfortunately I don't know much about the existing laws in russia. But this doesn't make sense. Unless the only way to become debt free is to spent some prison time.
hero member
Activity: 868
Merit: 1000
If you live in Russia and took a loan, you will be poor for a long long time. But I made a mistake because I am the stupidest.
You know there are moral obligations and there are legal obligations...
The place where I live, requesting a 36% interest on a loan per year is considered unconscionable. I advice you to find a lawyer.

Russian banks requesting 25-80% a loan per year.
Russian lawyers is very very high price but they are useless and stupid.

Then you don't have a money problem - you have a social problem. You need to find a way to resolve this without getting killed. What happens if you declare bankruptcy?

In Russia there is no laws about bankruptcy individual person, it privilege of large wealthy organizations.
hero member
Activity: 686
Merit: 500
Whoa, there are a lot of cats in this wall.
If you live in Russia and took a loan, you will be poor for a long long time. But I made a mistake because I am the stupidest.
You know there are moral obligations and there are legal obligations...
The place where I live, requesting a 36% interest on a loan per year is considered unconscionable. I advice you to find a lawyer.

Russian banks requesting 25-80% a loan per year.
Russian lawyers is very very high price but they are useless and stupid.

Good to know my counterparts overseas are just as respected there as we are here Smiley
donator
Activity: 994
Merit: 1000
If you live in Russia and took a loan, you will be poor for a long long time. But I made a mistake because I am the stupidest.
You know there are moral obligations and there are legal obligations...
The place where I live, requesting a 36% interest on a loan per year is considered unconscionable. I advice you to find a lawyer.

Russian banks requesting 25-80% a loan per year.
Russian lawyers is very very high price but they are useless and stupid.

Then you don't have a money problem - you have a social problem. You need to find a way to resolve this without getting killed. What happens if you declare bankruptcy?
hero member
Activity: 868
Merit: 1000
If you live in Russia and took a loan, you will be poor for a long long time. But I made a mistake because I am the stupidest.
You know there are moral obligations and there are legal obligations...
The place where I live, requesting a 36% interest on a loan per year is considered unconscionable. I advice you to find a lawyer.

Russian banks requesting 25-80% a loan per year.
Russian lawyers is very very high price but they are useless and stupid.
donator
Activity: 994
Merit: 1000
If you live in Russia and took a loan, you will be poor for a long long time. But I made a mistake because I am the stupidest.
You know there are moral obligations and there are legal obligations...
The place where I live, requesting a 36% interest on a loan per year is considered unconscionable. I advice you to find a lawyer.
hero member
Activity: 868
Merit: 1000
You can sell your homemade porn on clips4sale.
Or stream on streamate, myfreecams, cam4btc.
Good luck!

Which any of these sites can I withdraw money in Russia?
Thanks!
hero member
Activity: 868
Merit: 1000
Now I have only $18 per a day from mining, $540 per month. But I owe the banks $ 600 a month (the half of this, $300 is monthly percents; and only the half, $ 300 is reduce debt).
A 3600/10000*100=36% loan? That's not a bank, that's Mafia. If it were a bank you need to get refinanced. If you put your house as collateral you can easily reduce the rate down to 5% ($41 interest per month), given you have a clean slate.

Now - this assumes that your story has an ounce of truth.

Yes, loan percent is 28-38% in different banks.

Russia is not USA.

In Russia the word "government" and the word "mafia/outlaw/thief" are equal.

If you live in Russia and took a loan, you will be poor for a long long time. But I made a mistake because I am the stupidest.

donator
Activity: 994
Merit: 1000
Now I have only $18 per a day from mining, $540 per month. But I owe the banks $ 600 a month (the half of this, $300 is monthly percents; and only the half, $ 300 is reduce debt).
A 3600/10000*100=36% loan? That's not a bank, that's Mafia. If it were a bank you need to get refinanced. If you put your house as collateral you can easily reduce the rate down to 5% ($41 interest per month), given you have a clean slate.

Now - this assumes that your story has an ounce of truth.
hero member
Activity: 686
Merit: 500
Whoa, there are a lot of cats in this wall.
You can sell your homemade porn on clips4sale.
Or stream on streamate, myfreecams, cam4btc.
Good luck!

Streaming with live shows is probably your best bet.  More $ to be made there, than just selling videos. 

full member
Activity: 187
Merit: 100
You can sell your homemade porn on clips4sale.
Or stream on streamate, myfreecams, cam4btc.
Good luck!
hero member
Activity: 686
Merit: 500
Whoa, there are a lot of cats in this wall.
Which sites where me and my wife could sell our homemade porn?
Is anybody like purchase our home porn video? BTC accepted, LTC accepted, PPC accepted.

Just setup a quick little website.  Post sample videos to some of the popular video websites with a link to your website.  Sell them on your own site. 

Otherwise, I'm not sure about websites that specifically sell amateur stuff.  I'm sure there are tons of those out there.  I'm cheap, I don't buy porn lol  Cheesy
hero member
Activity: 1078
Merit: 502
Probably lots of places. None that I know of..
hero member
Activity: 868
Merit: 1000
Which sites where me and my wife could sell our homemade porn?
Is anybody like purchase our home porn video? BTC accepted, LTC accepted, PPC accepted.
hero member
Activity: 868
Merit: 1000
Why not sell the gear?

There is no buyers for hardware in my region.
I advertised for sale some of my hardware such as computer cases, not used motherboards, sata-ssd's, power supply units, UPS. I advertised it in some region newspapers and sites.  My prices is 50% of new items. But no costumers. Oh oh, its all bad bad unhappiness.
There is Moscow the capital of Russia, where there is a life. And there is other Russia, where there no life and there no money.
The distance from Murmansk to Moscow is 2000 km.
Now I advertise my hardware lots on some russian sites, but usually move items from Moscow to the province and not the reverse.
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