Bitcoin Forum

Allow me to explain
I use a miner bitminer.io
on this miner due to a ip conflict i need to upgrade to the premium miner to withdrawl the btc i have already mined through the servers
my balance is currently 0.01002494 BTC increasing at 0.0006 btc per day but i need 0.01 to upgrade to withdraw the stored btc

repayment will be as soon as the withdrawal from the miner is complete and will consist of all current btc in the miner up to 0.012 so a 20% profit return (negotiable)

Colateral can be discussed in messages or what ever form of communication
I am new to the site but can provide proof of mined total and if other details are required i am happy to provide them

happy to provide ID or any other details required

Collateral can be discussed in public. If you cannot discuss in public people wont be interested (though based on your OP, it sounds like you dont have valid collateral that is 120% of what youre asking which is probably why you said it can be discussed). Go read https://bitcointalk.org/index.php?topic=577765.0

it was more discussing what people would want as collateral  im new to the idea of borrowing a crypto currency

they want altcoins. possibly stable and not too volatile (as far as possible in the crypto world). their value has to be 120% of the amount borrowed. some lenders accept physical collateral but this is quite slow and a little bit expensive. without collateral here you won't get anything. 0! provide it and you will find a lot of lenders.

I'm sorry to tell you, however, I believe this website is a scam
Sorry for that you put in your effort on this and find out the truth

about the website i was reccommended it by someone who has used it for quite a while and has upgraded and withdrawn from it    i will try to see if i have enough in an alternate currency to act as collateral

It's a ponzi website, they used to pay before.
After that, they started to force user to upgrade their account by saying "hey, you have 2 account, you need to upgrade or we won't pay you".
Some user got their partial withdrawal after upgrading, and the others not.
This is what they do, so people like you will still believe they're legit.
That's not even a miner site, it's just showing you an animation, they're not even putting ad, how do you expect them to profit from this? Don't believe? Check your CPU when "mining" with them, or google them online.
Sorry for being straight, I'm just trying to keep you from loosing your money.

I confirm but if it is still paying it is still profitable. if he provides a collateral there aren't problems. he has some risks in every case but providing the collateral he saves the lender

They only pay selective payment. If you deposit 0.01, maybe they will let you withdraw 0.005, after that, you will see "pending" forever. I'm trying to prevent everyone from loosing money, not just the lender.