Bitcoin Forum

Hi guys I would like to get into bitcoin mining, but I lack the financial capital to buy mining asic miners, hence I would like to propose that some one sponsors me 2 BitForce 5 GH/s SC I believe they are fairly good for there price(3.9 bitcoins) especially for someone starting out. I will then use these to mine more bitcoins and then use those to buy a bigger rig. my goal is to eventually be producing between 50 to 150 BTC a minute (If it sounds low im a noob at this please recommend a better target) at which point I will be giving 20% of my bitcoin income daily to the person who sponsored me. if you want to look at it this way, you give me 8 bitcoins I get the asic units and mine. you then get your bitcoins back exponentially and don't incur any charges for power. 

I laughed, a lot. Good luck with that.

Also have fun with finding sponsors. You are a newbie, you don't have any reputation, you do not provide any collateral and you cannot guarantee payments to your sponsors. I know, a sponsor isn't a loan, but still, I don't think people will invest in you.

is this possible         "my goal is to eventually be producing between 50 to 150 BTC a minute"

Everything is possible if you have enough hashing power a.k.a money. But a 8 BTC investment to produce 50 to 150 a minute, that is not possible.

That is some bitcoins there... I do not see that happening.. I am happy with my 188Gh/s Getting approx 1.0876 BTC every 24 hours.

Better make that "per decade"

don't break his heart   ???

But that's what I do best.  :(