Introduction:Hello BTC-Talk forum members. I'm here again to request another set of loans from the users here.
Why do I use the term loan set as opposed to just stating that I'm looking for a loan? Because ultimately
I benefit from having as much capital [within reason of course] to work with, and in most cases a single lender
does not have the funds nor wish to have a loan out of such size to one person.
By handling things in "sets", smaller-scale lenders are able to still earn interest, and I have a larger amount to work with.
Just like my last four loans here, these loans are made without collateral. I can of course offer proof of the mining systems used
to cover repayment, as well the purchases being made with the loan funds if requested.
Loan Information:Once again, these funds are used to further expand my Scrypt mining operations which are rented out on Betarigs.
I am now planning to expand into Gridseed ASIC units, adding an additional 3.0MH/s+ to my current setup. Right now
plans for expansion will require a loan set totaling
BTC3.75.
I have been looking over figures and my estimated time of repayment for a loan of this size would be 6-8 weeks.
Incremental repayments handled weekly [or even more frequent] are an option as well if you do not want all your funds
tied up for the full length of the loan.
Keeping in mind again loans only covering a portion of this total amount are acceptable.
Loan History:I have been making and receiving loans on this lending board for sometime now, all loans made out to be me have been without collateral.
You may view the record of the past four loans here:
https://bitcointalksearch.org/topic/seeking-1btc-loan-2-4-week-term-10-interest-on-repayment-433194 and
https://bitcointalksearch.org/topic/filled-seeking-1btc-loan-4-week-repayment-500172Current Scrypt Operations:You may also view the units being rented out here:
https://www.betarigs.com/rig/2810Concluding:Thank you for your interest and time in looking this over, and I look forward to hearing your suggested terms regarding these loans.