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Economy / Service Discussion / Re: Financing Using Miners as Collateral?
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on: March 10, 2018, 06:44:13 PM
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To all that have replied, thank you.
Putting the whole idea of collateral aside, I'd like to just simply know of financial institutions that are open minded to working with a cryptocurrency business. We have been having difficulties with traditional financial institutions. Any suggestions of companies open to cryptocurrency businesses would be appreciated.
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Economy / Service Discussion / Re: Financing Using Miners as Collateral?
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on: March 10, 2018, 06:42:16 PM
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Your loan could be granted if you are applying for someone here in forum that you can meet personally to obtain those miners. But if you are referring to a banking loan and you'll use those miners as collateral, it would be very difficult for you. There are standards that has been set for them to grant someone's loan even the manager has knowledge with mining or cryptocurrency, he can't accept that easily. They have set protocols on what are the do's and don'ts for collateral. But if there's a bank that allows it to happen, that bank is certainly supporting crypto and their management is knowledgeable about it. Don't you have any other assets that you can use as collateral like car or house? but I guess you are only asking and you are not in dire situation.
I'm not in dire need. We currently have funds for the equipment. We are looking for alternatives to the funding we already have. It is not necessary for us to use the miners as collateral, it was just a thought. We do have other assets that can be used as collateral. I mostly would like to find a lending institution that is open to working with a crytocurrency business. Therefore non-traditional financing. |
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Economy / Service Discussion / Re: Financing Using Miners as Collateral?
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on: March 04, 2018, 01:04:01 AM
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Thank you everyone for the replies. Besides using miners for collateral, in general, are there any financial institution that minimally would provide loans knowing your business is in the mining of cryptocurrency? Some of the more well known traditional institutions have been unresponsive or not interested in providing our organization with a loan. Just wondering if there are more progressive or open minded lenders out there.
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Economy / Service Discussion / Financing Using Miners as Collateral?
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on: March 03, 2018, 01:19:18 AM
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I hope this is the correct place to post this. If not, moderators please tell me where it would be appropriate.
Does anyone know of companies that would be willing to provide financing by using mining equipment as collateral? I know this is an unusual scenario. Finding financial institutions that understand mining and the value of the equipment is difficult.
If anyone has suggestions, please let me know.
Thank you.
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Bitcoin / Hardware / Re: Ebit e9 miner with 6.8Th/s from Ebang company a new rival for existing producers
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on: December 19, 2017, 11:40:11 PM
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Can anyone actually get a purchase to go through on this new page? Sorry for cross posting, but I keep getting my orders mysteriously disappearing...
I also can't get my ship to info in there very properly - Had to jam in my Canadian address in the "other details" or whatever that field is. I see people had some luck with Lynn direct via skype?
I ordered direct from Lynn via skype back in Nov when then had them then. She made invoice, via skype, I wired money, 2 day later she confirmed, via skype (after I aksed), 2 days later she send tracking (after I asked) via skype. This new website just came online a few hours ago and looks to be a work in progress, I'm not sure they even have machines, E9 or 10. I wouldn't order anything from the new website yet. Did you actually receive them? Has anyone else purchased from them before and received product? And are they working well? Thanks! |
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Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] «Envion» Most Profitable Self-Expanding Crypto Infrastructure
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on: November 28, 2017, 07:53:50 PM
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Too negative in my opinion. Generally I'm convinced about the concept and as far I can say today the founders and team as well. Beside that some very weill known public persons in Germany joined the advisory board. For me one of the ICO's with the most substance behind, i've seen so far. But why wouldn't representatives from Envion answer these two questions mentioned in the Hacked review, they both seem very valid to me. “What’s the name of the production company that is building the MMU’s?” “Who is going to supply Envion with thousands of ASIC miners, aren’t they always sold out?” |
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: ANN [DOV] DOVU - Blockchain for Mobility backed by InMotion
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on: October 03, 2017, 03:50:29 PM
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I like this Project but they are not realy proactive on sharing and providing Community with information. I hope results from presale is announced today in order to facilitate participation in the mainsale.
Hi, We raised 17000 ETH in the pre-sale. Cheers Hello JelenaKoen, Thank you for answering Cauchy's question. Could you also clarify what percentage of total tokens were given out for the 17000 ETH during the pre-sale? Thank you. |
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Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Snip - The Future of News on the Blockchain
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on: September 28, 2017, 07:25:08 PM
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I have a few more questions for a Snip representative:
1. Since there is no mining of coins, how are you encouraging people to put nodes on the network?
2. How are you decentralizing the public ledger?
3. How are you decentralizing the IPFS nodes? Are they all owned and controlled by Snip company?
1. SnipCoin is an ERC20 token. We don't have our own blockchain. We of course encourage people to put notes on Ethereum network... 2. What public ledger? 3. We will use the existing IPFS nodes, and hopefully will add some of our to the network. The IPFS is decentralized and not controlled by Snip  Thanks very much for the quick reply! |
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