Seeking Loan: Expansion of Mining Operations [Record of Past Loans] - page 2.

howzar

hero member

Activity: 574

Merit: 500

Quote from: GBattaglia on May 05, 2014, 07:43:07 AM

[Loan from Howzar Repaid]
Amount: 1.05 BTC
Record: http://blockchain.info/tx-index/e6aa505dfc62a1148ef70c8fa1ef705936f8cce02c5ecf0ec1dbdf0e2df17d8d
End Confirmation

I will begin evaluating expansion from here today and will be open to lending offers once more. I anticipate that I will be in the position to accept loans after a few days of evaluation and reviewing the amount of interested investors here.

I am willing to send you 1btc straight back right now for the same rates however maybe a shorter term? Let me know

eternalgloom

legendary

Activity: 1792

Merit: 1283

Quote from: GBattaglia on May 05, 2014, 07:43:07 AM

[Loan from Howzar Repaid]
Amount: 1.05 BTC
Record: http://blockchain.info/tx-index/e6aa505dfc62a1148ef70c8fa1ef705936f8cce02c5ecf0ec1dbdf0e2df17d8d
End Confirmation

I will begin evaluating expansion from here today and will be open to lending offers once more. I anticipate that I will be in the position to accept loans after a few days of evaluation and reviewing the amount of interested investors here.

I would like to lend you 0.5 btc, so 0.525 to be repaid after 30 days.

GBattaglia

hero member

Activity: 735

Merit: 501

[Loan from Howzar Repaid]
Amount: 1.05 BTC
Record: http://blockchain.info/tx-index/e6aa505dfc62a1148ef70c8fa1ef705936f8cce02c5ecf0ec1dbdf0e2df17d8d
End Confirmation

I will begin evaluating expansion from here today and will be open to lending offers once more. I anticipate that I will be in the position to accept loans after a few days of evaluation and reviewing the amount of interested investors here.

howzar

hero member

Activity: 574

Merit: 500

Quote from: GBattaglia on May 02, 2014, 09:10:27 AM

Quote from: MegaHustlr on May 02, 2014, 04:47:29 AM

Quote from: coinnewbit on May 01, 2014, 10:00:58 PM

Hey, do you still need it? I have 0.4 that I can lend to you

He will only accept loans after they are repaid...

Yes, that is correct. Thanks for responding to him regarding that.

Update:
Coinbase purchase of BTC.5 went through today. Taking into account Swisscex BTC and NOBL funds, and
my BTC wallet; I have roughly BTC.88, which puts me on track for repayment of Howzar's loan.

Currently I average between BTC.07-BTC.082 a day in mining revenue. I am working to ensure I am getting the
best rates from renters while limiting the amount of time units are not rented. Currently I anticipate to have the loan
repaid by May 6th. From there further loans will be assessed.
End Update

Regards,
Gabriel Cole Battaglia

Great thanks so much!

GBattaglia

hero member

Activity: 735

Merit: 501

Quote from: MegaHustlr on May 02, 2014, 04:47:29 AM

Quote from: coinnewbit on May 01, 2014, 10:00:58 PM

Hey, do you still need it? I have 0.4 that I can lend to you

He will only accept loans after they are repaid...

Yes, that is correct. Thanks for responding to him regarding that.

Update:
Coinbase purchase of BTC.5 went through today. Taking into account Swisscex BTC and NOBL funds, and
my BTC wallet; I have roughly BTC.88, which puts me on track for repayment of Howzar's loan.

Currently I average between BTC.07-BTC.082 a day in mining revenue. I am working to ensure I am getting the
best rates from renters while limiting the amount of time units are not rented. Currently I anticipate to have the loan
repaid by May 6th. From there further loans will be assessed.
End Update

Regards,
Gabriel Cole Battaglia

MegaHustlr

hero member

Activity: 601

Merit: 500

Vote 4fryn :)

Quote from: coinnewbit on May 01, 2014, 10:00:58 PM

Hey, do you still need it? I have 0.4 that I can lend to you

He will only accept loans after they are repaid...

coinnewbit

sr. member

Activity: 266

Merit: 250

Hey, do you still need it? I have 0.4 that I can lend to you

DeboraMeeks

hero member

Activity: 588

Merit: 500

I might be able to lend a bit, will think it through.

GBattaglia

hero member

Activity: 735

Merit: 501

Update:
Risers arrived today. Currently running on a box and wooden surface, frame should arrive in the next few days.
The additional hardware has been added to the Betarigs rental farm, which can as always be viewed here:
https://www.betarigs.com/rig/2810

As you can see, the hashrate out for rental has now increased to 14,300KH/s. This number may fluctuate a bit while
I optimize and recalculate the total hashrate of all units together. It is also becoming noted that Scrypt-N [Adaptive N-Factor]
is slowly becoming more profitable. It may not be enough to justify moving all units over yet, but it is of course a route I may take.
Just a note.

I'm still awaiting Coinbase to transfer the .5BTC to my account. Currently .2BTC is occupying low price buy orders on a NobleCoin exchange.
Still on track for repayment on May 7th by my estimates. After which the second loan set will be evaluated with all lenders and investors.

howzar

hero member

Activity: 574

Merit: 500

Thanks for the update!

Quote from: GBattaglia on April 28, 2014, 10:02:24 AM

Thanks, KWH.

I have began using my primary desktop alongside my current units to increase
hashrate a little more. You can view the farm rental statistics and status here:
https://www.betarigs.com/rig/2810

I've sent in a purchase on Coinbase for additional BTC at this point in time, which
will allow my loan to Howzar to be repaid on time regardless of rental valuation dropping.
Due to Bitcoin's $50 drop in value since the beginning of the loan, this ultimately isn't a loss.

Still awaiting the risers and frame to arrive from this loan set, although I'm expecting them by within
the next two weeks. All is still on track for the next loan set requests in which I will be accepting more
lenders offers. My estimates point to that being between May 7th and 10th.

Thanks again.

Regards,
Gabriel C Battaglia

GBattaglia

hero member

Activity: 735

Merit: 501

Thanks, KWH.

I have began using my primary desktop alongside my current units to increase
hashrate a little more. You can view the farm rental statistics and status here:
https://www.betarigs.com/rig/2810

I've sent in a purchase on Coinbase for additional BTC at this point in time, which
will allow my loan to Howzar to be repaid on time regardless of rental valuation dropping.
Due to Bitcoin's $50 drop in value since the beginning of the loan, this ultimately isn't a loss.

Still awaiting the risers and frame to arrive from this loan set, although I'm expecting them by within
the next two weeks. All is still on track for the next loan set requests in which I will be accepting more
lenders offers. My estimates point to that being between May 7th and 10th.

Thanks again.

Regards,
Gabriel C Battaglia

KWH

legendary

Activity: 1904

Merit: 1045

In Collateral I Trust.

Quote from: GBattaglia on April 26, 2014, 06:43:53 PM

[Loan from KWH Repaid]
Amount: .525 BTC
Record: http://blockchain.info/tx-index/872c368a3dbb6416b116883db022a6c0aaab09a2ba98a7a6eb51d0db095af431

Confirmed. Thanks and look to loan to you again.

GBattaglia

hero member

Activity: 735

Merit: 501

[Loan from KWH Repaid]
Amount: .525 BTC
Record: http://blockchain.info/tx-index/872c368a3dbb6416b116883db022a6c0aaab09a2ba98a7a6eb51d0db095af431

GBattaglia

hero member

Activity: 735

Merit: 501

Quote from: eternalgloom on April 26, 2014, 08:48:32 AM

Quote from: GBattaglia on April 25, 2014, 05:45:43 PM

Finally, I am still looking to take on a second loan set for an expansion of 3MH/s+ being added to my current operations as soon as these loans are repaid.
Thanks again, and I'll keep everyone posted.

I would be interested in loaning you at least 0.5 when these loans are repaid

I would be happy to work something out with all reasonable and willing investors/lenders once my loans from
Howzar and KWH are repaid. KWH's loan is scheduled to be repaid tonight or tomorrow depending on BetaRigs
clearing rental payment. Howzar's loan is scheduled to be repaid on the 7th, although terms have been discussed if late
by a few days.

Thank you again to all the lenders on BitcoinTalk who have invested in my work.

Regards,
Gabriel Battaglia

tertius993

hero member

Activity: 1029

Merit: 712

Quote from: eternalgloom on April 26, 2014, 08:48:32 AM

Quote from: GBattaglia on April 25, 2014, 05:45:43 PM

Finally, I am still looking to take on a second loan set for an expansion of 3MH/s+ being added to my current operations as soon as these loans are repaid.
Thanks again, and I'll keep everyone posted.

I would be interested in loaning you at least 0.5 when these loans are repaid

Likewise, I'd be prepared to loan a similar amount to you.

eternalgloom

legendary

Activity: 1792

Merit: 1283

Quote from: GBattaglia on April 25, 2014, 05:45:43 PM

Finally, I am still looking to take on a second loan set for an expansion of 3MH/s+ being added to my current operations as soon as these loans are repaid.
Thanks again, and I'll keep everyone posted.

I would be interested in loaning you at least 0.5 when these loans are repaid

KWH

legendary

Activity: 1904

Merit: 1045

In Collateral I Trust.

Sounds good.

howzar

hero member

Activity: 574

Merit: 500

Quote from: GBattaglia on April 25, 2014, 05:45:43 PM

Quote from: howzar on April 23, 2014, 10:24:09 AM

Yes please, updates would be great! Every 3 days I think sounds right and if nothing new has come up just leave a note saying no news.

Thanks!

The two R9 280x GPUs were recieved today, but without the risers or frame I can't quite utilize them just yet.
I think I'll have the risers by Monday and will be able to have them functioning despite the frame still awaiting
shipment.

KWH, I anticipate to have your loan repaid in full early. Current estimates show that the 27th is the most likely date for
repayment.

Howzar, right now with the price of mining rentals falling my current estimates show I may be a few days behind on payment.
Market situation might turn around and allow for ontime repayment, but I'm not positive just yet. Getting the additional hardware
that has just come in online may also make up for the price decrease in mining rates. If I do not have the full amount
come due date I will repay partially and get the remaining funds to you as soon as possible [with the interest terms discussed earlier still applying].

Finally, I am still looking to take on a second loan set for an expansion of 3MH/s+ being added to my current operations as soon as these loans are repaid.

Thanks again, and I'll keep everyone posted.

Thank you for the update, I won't mind if you do partial payments in several transactions. Whatever suits you.

GBattaglia

hero member

Activity: 735

Merit: 501

Quote from: howzar on April 23, 2014, 10:24:09 AM

Yes please, updates would be great! Every 3 days I think sounds right and if nothing new has come up just leave a note saying no news.

Thanks!

The two R9 280x GPUs were recieved today, but without the risers or frame I can't quite utilize them just yet.
I think I'll have the risers by Monday and will be able to have them functioning despite the frame still awaiting
shipment.

KWH, I anticipate to have your loan repaid in full early. Current estimates show that the 27th is the most likely date for
repayment.

Howzar, right now with the price of mining rentals falling my current estimates show I may be a few days behind on payment.
Market situation might turn around and allow for ontime repayment, but I'm not positive just yet. Getting the additional hardware
that has just come in online may also make up for the price decrease in mining rates. If I do not have the full amount
come due date I will repay partially and get the remaining funds to you as soon as possible [with the interest terms discussed earlier still applying].

Finally, I am still looking to take on a second loan set for an expansion of 3MH/s+ being added to my current operations as soon as these loans are repaid.

Thanks again, and I'll keep everyone posted.

howzar

hero member

Activity: 574

Merit: 500

Quote from: GBattaglia on April 21, 2014, 12:13:24 PM

Question for current and future lenders:
I plan to continue receiving loans for various purposes here on BitcoinTalk,
so I thought I should ask lenders and see if updates are preferred. Updates
entailing usage of funds, status of repayment, and things of that nature.

If such information is appreciated, how often should information be updated?

Yes please, updates would be great! Every 3 days I think sounds right and if nothing new has come up just leave a note saying no news.

Topic: Seeking Loan: Expansion of Mining Operations [Record of Past Loans] - page 2. (Read 6901 times)