Author

Topic: Lf ~20 BTC Loan (Read 1007 times)

sr. member
Activity: 1008
Merit: 250
December 06, 2013, 09:37:12 AM
#14
sr. member
Activity: 1008
Merit: 250
December 05, 2013, 10:07:27 PM
#13
So you figure you can make 14 grand back within 5 months?

Much more than that. I figure I have till the end of Feb before the difficulty shoots through the roof. Right now It will mine more than .75 coins a day ~ 750, with the next difficulty ~840m I am at about .65 coins. This should pay it self off by the end of January.
legendary
Activity: 1736
Merit: 1029
December 05, 2013, 09:53:13 PM
#12
So you figure you can make 14 grand back within 5 months?

Well according to the bitcoin mining calculator, he can make it back in just one month, $780 USD a day.
legendary
Activity: 1050
Merit: 1000
December 05, 2013, 09:51:22 PM
#11
So you figure you can make 14 grand back within 5 months?
sr. member
Activity: 1008
Merit: 250
December 05, 2013, 09:35:30 PM
#10
1TH for 20? thats what lets say 20 grand.. You can buy 2 TH preorders for 6 grand right now..

This will be mining within hours of buying it. I am considering doing like a group buy for a miner and splitting the GHS per share.
legendary
Activity: 1050
Merit: 1000
December 05, 2013, 09:32:41 PM
#9
1TH for 20? thats what lets say 20 grand.. You can buy 2 TH preorders for 6 grand right now..
sr. member
Activity: 1008
Merit: 250
December 05, 2013, 08:58:24 PM
#8
I can pick it up within hours of being funded. As for collateral if I had the ~20 BTC my self I would just fund this on my own as the ROI is huge.
legendary
Activity: 1736
Merit: 1029
December 05, 2013, 04:30:56 PM
#7
Moral and ethical? The loaner will have my info including phone number so he can always throw me a call if the miner is not pointing the right direction.

That wouldn't work for me. You really need collateral.


Fair enough. Hardware is still avail as of this posting. I will be leaving for work soon so any interested parties please send a PM so I get the email notification.
With this miner, the break even point is about 1 month according to http://www.bitcoinx.com/profit/
That seems too good to be true, how long will it take before you actually get the miner in hand?  A few months?
And, I would be willing to but some BTC into this if you are able to provide some sort of collateral.
sr. member
Activity: 1008
Merit: 250
December 05, 2013, 08:34:52 AM
#6
Moral and ethical? The loaner will have my info including phone number so he can always throw me a call if the miner is not pointing the right direction.

That wouldn't work for me. You really need collateral.


Fair enough. Hardware is still avail as of this posting. I will be leaving for work soon so any interested parties please send a PM so I get the email notification.
KWH
legendary
Activity: 1904
Merit: 1045
In Collateral I Trust.
December 05, 2013, 07:42:33 AM
#5
Moral and ethical? The loaner will have my info including phone number so he can always throw me a call if the miner is not pointing the right direction.

That wouldn't work for me. You really need collateral.
legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
December 05, 2013, 02:44:24 AM
#4
I could do this for 710 LTC collateral, in a sort of car title loan type of deal. LMK if you're interested.
sr. member
Activity: 1008
Merit: 250
December 05, 2013, 02:18:17 AM
#3
Moral and ethical? The loaner will have my info including phone number so he can always throw me a call if the miner is not pointing the right direction.
KWH
legendary
Activity: 1904
Merit: 1045
In Collateral I Trust.
December 05, 2013, 12:02:51 AM
#2
I have the opportunity to pick up 1TH of mining power for ~20 BTC.

Full disclosure on my part.


Time sensitive.

What are your reassurances?
sr. member
Activity: 1008
Merit: 250
December 04, 2013, 10:39:44 PM
#1
I have the opportunity to pick up 1TH of mining power for ~20 BTC.

Full disclosure on my part.


Time sensitive.

**Edit**

Currently have 4.5 Bitcoins to put towards this purchase.


Previous Loans:

135 BTC Loan
https://bitcointalksearch.org/topic/135-btc-loan-75-2-weeks-79888

100 BTC Loan
https://bitcointalksearch.org/topic/repaid100-btc-loan-15-30-days-114114-75680

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