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Title: Looking for loan for BFL Jap Post by: 8668 on September 07, 2012, 11:10:17 PM Looking for a lender to assist with purchase of One Bitforce Jalapeno unit from BFL (maybe 2??)
At current exchange rate that would be about 15BTC. (30 for 2??) I have a good WOT rating, have been around for a while. Identity and address verified by mndrix using a 3rd party site as well as PIN mailed via USPS. Not sure if it will even be feasible to mine for profit after the influx of ASIC devices in the near future, but I'd like to give it a try. I would be able to pay back the loan in 30 days from date of receiving unit(s) with 10% interest (16.5BTC). If someone wants to loan enough for two that would be 30 BTC and repayment of 33 BTC in 30 days. I would provide the transaction history to show that the funds did in fact go to BFL as well as my mailing address to lender If for some reason the difficulty skyrockets out of control and my mini mining operation is insolvent I am fully and very much gainfully employed, I can just payback the loan out of pocket. (just trying to avoid withdrawing any money from my shared-bank account with the wife if possible) Any thoughts on whether I will be able to even make any money using the Jalapeno? I've only ever mined when bitcoins were under $0.25 and it was far less competitive PM me any questions or if you need any other sort of verification. Title: Re: Looking for loan for BFL Jap Post by: 8668 on September 07, 2012, 11:17:56 PM Looking for a lender to assist with purchase of One Bitforce Jalapeno unit from BFL (maybe 2??) At current exchange rate that would be about 15BTC. (30 for 2??) I have a good WOT rating, have been around for a while. Identity and address verified by mndrix using a 3rd party site as well as PIN mailed via USPS. Not sure if it will even be feasible to mine for profit after the influx of ASIC devices in the near future, but I'd like to give it a try. I would be able to pay back the loan in 30 days from date of receiving unit(s) with 10% interest. If someone wants to loan enough for two that would be 30 BTC and repayment of 33 BTC in 30 days. I would provide the transaction history to show that the funds did in fact go to BFL as well as my mailing address to lender If for some reason the difficulty skyrockets out of control and my mini mining operation is insolvent I am fully and very much gainfully employed, I can just payback the loan out of pocket. (just trying to avoid withdrawing any money from my shared-bank account with the wife if possible) Any thoughts on whether I will be able to even make any money using the Jalapeno? I've only ever mined when bitcoins were under $0.25 and it was far less competitive PM me any questions or if you need any other sort of verification. After doing the math it seems even under ideal conditions I wouldnt be able to make back even the purchase price within the first month. That is still ok by me, I am willing to purchase whatever the difference is with bitinstant, just trying to minimize the amount I am paying out of pocket. Hard to explain to the missus that I needed 320$ for imaginary coins (thats how shes views bitcoins) Title: Re: Looking for loan for BLF Jap Post by: Ocean6 on September 07, 2012, 11:48:15 PM Thing is, the loan would be for much longer than 1 month.
There is a waiting list for receiving new items that some are estimating at January or later for new orders. Can't get on the list without paying up front. I would consider the loan and will pm you my offer. Title: Re: Looking for loan for BFL Jap Post by: 8668 on September 08, 2012, 05:35:34 AM Not getting as many possible offers as I would've liked.
Is it the length of the loan or the device I'm attempting to purchase that is scaring people away? Title: Re: Looking for loan for BLF Jap Post by: live627 on September 08, 2012, 05:55:54 AM Length of loan. You'd be into it maybe six months or more.
Title: Re: Looking for loan for BLF Jap Post by: BinaryMage on September 08, 2012, 06:58:19 AM No disrespect intended, but spelling the name of the company right might serve to increase lender confidence. It's "BFL", not "BLF".
Title: Re: Looking for loan for BFL Jap Post by: 8668 on September 08, 2012, 08:23:16 PM minute spelling mistake corrected. increase of confidence to come? interest rate negotiable
Title: Re: Looking for loan for BFL Jap Post by: matthewh3 on September 08, 2012, 09:24:09 PM It might want to consider micro-investing in a GLBSE listed mining company. Like mine RSM - https://bitcointalk.org/index.php?topic=63257.0 - each BTC0.30 you invest gets you 46(MH/s) or 1(GH/s) for BTC6.50. If we can sell enough shares for our third 40(GH/s) then we will issue more shares for our fourth to take us to >50(MH/s)@BTC0.30(per share) or 1(GH/s)@BTC5.95
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