Loan for mining rig.

[omegaflare]

I am looking for a loan to buy a mining rig. If you have a mining rig, I will be happy to pay monthly. It's something we can compromise on - looking for 25-50 GH/s bitcoin mining rig.

Thanks!

[Teka]

Sorry but no collateral means no loan. Also how do you intend to payback? What happens if the rig doesn't reach roi?

[jaywaka2713]

Do you plan on purchasing a brand new mining rig? From your hashrate numbers, I am assuming you mean to buy from ButterflyLabs. A company who conducts themselves poorly, changes information behind closed doors and very quietly, and mistreats their customers? Yes they may be shipping, and yes they claim to be able to finish shipping the backlog by the end of september, but by then what do you expect difficulty to be? Have you calculated your ROI with TRIPLE the current difficulty? What is your plan in the event that the rig cannot pay out to your expectations?