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December 25, 2012, 07:03:37 PM
Last edit: January 01, 2013, 07:25:52 AM by mjc |
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Background:
I have sufficient income to cover the all monthly payments, if the ASIC do not materialize.
My mining operation is small compared to most. I currently have 2 BFL Singles making about 0.25 BTC/day. I have a few ASIC miners, a Jalapeno and two Single SC’s on order from BFL. I ordered them in September, with an order number < 10,000. So I should receive them in the first few weeks of release.
Loan Purpose:
I would like to add a third Single SC to my order, this loan will cover that. I had planned to take the proceeds from the first few months to purchase two more Singles. I would like to extend and earning potential to you, in order to aid me in establishing one of those two much earlier.
Loan Payoff:
This loan is for 105 BTC, with a total payout of 124.280890 BTC that is roughly 18%. My goal is to have this paid off with in the first month or two after I receive my initial mining equipment.
Bonus:
As an added bonus, I saw this done once before on another similar and I noticed a few people took advantage of it, so I’m going to use the same strategy.
Anyone that invests 15 BTC or more towards this loan will receive 5% of the mining proceeds of one BFL Single SC for the duration that this loan is active, once I receive the new ASIC miners. Since this will be early in the ASIC delivery cycle it will be more profitable than if you had to wait until I received the Single SC associated with this loan. Simply leave the address to send to in a comment. I will use the comments to note details of where I’m mining and what the expected 5% pay out will be.
I thank you for considering my loan.
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