Show Posts
|
Pages: [1] 2 »
|
Thank you all for your comments.
I will set up a portal for interested parties. With that, I will share a mutual NDA with you and give you access to the dropbox file on the project. If you are to go to the conference, you will be able to visit and view the facility.
I will get the information out by Sunday. Thank you again for your input and interest.
|
|
|
Maybe he's hoping it'll flop and he only has to pay back $10?
I hope the best for bitcoins and renewable energy. Investment stratagem was based on USD using bitcoins.
|
|
|
I see you will be in SJ. Maybe I will see you there. Do you have a booth?
We will be there but will not have a booth. And from the looks of it, will not be advertising this project.  I hoped to express to other markets the pervasiveness and relevancy of bitcoins and renewable energy.
|
|
|
Generally speaking, taking out a BTC loan to pay for items in fiat money is an exceedingly bad idea. Even a small fluctuation in the wrong direction will send the debt you owe spiraling out of control. Your best bet is to secure your funds through traditional methods.
Thanks. I understand and appreciate your honesty.
|
|
|
We have been using 510 per management's approval since we got there some three year's ago. No updating required. Thanks.
|
|
|
If bitcoins became worth $1,000 each within the time frame you have set out, how would you propose to pay them back?
Bitcoins will finance the facility based on USD return scenario. And so, the facility and its cash flows provides a hedge against market rate fluctuations.
|
|
|
Are you planning to break this up into several smaller loans? Or are you looking for one big lump sum?
I figured that it would be a few investors, rather than just one.
|
|
|
Where did you get the layout for your site? I like the design. Friend of mine from grad school helped us out with the site. He has been in the business for 20 years, now.
|
|
|
Data rooms are common for project developers as a repository of information on a project. For this project, the information is a dropbox file. We are who we are, no more, no less.
Back on topic. We believed that it would strategic to build a bitcoin financed facility. 1) USD hedge against bitcoin market fluctuation 2) good press on bitcoins financing solar energy 3) help to a small solar business 4) investment to pay down vendors against a revenue generating facility (in three weeks) etc.
We would be able to pay the lender back in USD based on a loan of about $120K or so. Collateral is the facility itself.
Thank you for your interest.
|
|
|
We are a small shop. We do not want to spend too much on overhead costs. Is using DC offices a negative for a facility that is built in Los Gatos, California?
|
|
|
Thank you, very much.
I am the President of 510nano, a renewable energy firm. My Chief Physicist turned me onto bitcoins. He's been mining for two years now and thought that bitcoin financing would be great for this project. For interested investors, I will give them access to the data room for the facility. The first revenue contract is with Los Gatos, CA. It is a 20 year contract and pays out at about $45,000 per year. If you are in the area, I can direct you to the facility for your personal investigation. The project will be placed into service in about two weeks. All of the panels are on the rooftop, we are just finishing up wiring now.
In short, source of repayment is the revenue contract which is large enough to support the financing. We have been in business since 2005, initially building new technology. Albeit, this project uses commercial off-the-shelf technology. Please let me know if there are other factoids that will be helpful.
Again, thank you for the feedback.
|
|
|
I am a newbie and would like any feedback. I have looked through the threads and have seen things all over the place. If there are things that work better than others, let me know. Thanks.
|
|
|
I am completing a solar farm in Silicon Valley. The facility is selling electricity to the municipality. I need about 1,000 bitcoins to help me completely pay off vendors. Loan is for five years (four years possible). I would be very interested in having built a bitcoin financed solar farm. I am in the process of putting it in BTC Jam if there is any interest.
|
|
|
It looks as if I should have posted this in lending. Sorry. I will figure out how to delete. If some reason I cannot figure that out, please see the topic under lending.
|
|
|
I am interested in financing my solar project in Silicon Valley using bitcoins. The project is located in Silicon Valley and will sell power to the two municipalities. One of the projects is almost completed and the other will begin in the next few weeks. I am thinking about offering a ten year note which is callable in five years (much like a bond). The project provides bitcoin investors/miners a hedge against market fluctuations and a way to get solar developers interested in the bitcoins space. I am not sure if this is the best way to do this, but I am excited about a bitcoin solar facility. Let me know your thoughts on doing something like this.
|
|
|
If your account represents a Bitcoin business or you are a developer, please post here so we can get you into the forum beyond. State your company, project in addition to what you wish to do on the forums. We will get you whitelisted promptly.
Godspeed in your endeavors and thank you for your service!
Hello, I operate a brick and mortar retail renewable energy store. We design, sell, service and install PV solar and wind powered systems for mobile and off grid use. Our retail store is in Yuma, AZ. I have been studying about bitcoin and have become quite interested in accepting them as a form of payment. There is too much information for me to digest to get started with confidence. Is there and forum specifically for retail store owners? I have many questions before I commit. Thanks, Larry Starlight Solar Power Systems www.starlightsolar.comI am a solar developer and have found the forum to be overwhelming and helpful at the same time. I will be looking into properties in AZ. As such, we might be able to bitcoin partner on a project. I look forward to a conversation.
|
|
|
It is very demotivating (I can't write on the threads I want to say something).
Can't agree with you more. I starting to make up things - j/k/
|
|
|
The 1 USD costs about 2 cents or more to make. The rest of the value is based on the full faith of the USA. Bitcoins are generated by spending electricity about 10% of its "value" is the cost to generate it. (my estimates - i can be wrong) The rest is faith. The economist in question should explain what the US dollar will and can do.
|
|
|
|