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Author Topic: Want to try mining with ASIC Mini single need about half the funds  (Read 1058 times)
hughson (OP)
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February 18, 2013, 09:02:59 PM
 #1

Hello

I'm looking for a $375 loan for a  BFL mini single.I am also up for splitting on a BFL mini single. This is all depending if BFL ships in the next couple of weeks. I can pay back loan a rate of $50 a month prior to receiving income from the Mini Single.
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February 19, 2013, 01:57:47 AM
 #2

What are you offering for collateral?


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February 19, 2013, 02:07:13 AM
 #3

How about a 4g ipod and foxconn 330i netbox with 256 hard drive 2g of ram.
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February 19, 2013, 02:23:32 AM
 #4

How about a 4g ipod and foxconn 330i netbox with 256 hard drive 2g of ram.

It needs to be something that a person can easily sell for at least $375.

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February 19, 2013, 04:02:27 PM
 #5

I already have a couple orders in from Aug or Sept of last year for some BFL Single ASICs. How about you send me what you have and I can split profits with you? We'd get the units way sooner than if you ordered today.

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February 19, 2013, 04:05:53 PM
 #6

Do you plan on using mining rewards to repay the loan?

If you can't afford a single mini, why don't you get a jalapeno or two?

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          .      .            .            .        .            .            .          .        .     .               .            .             .            .            .           .            .     .               .         .              .           .            .            .            .     .      .     .    .     .          .            .          .            .            .           .              .     .            .            .           .            .               .         .            .     .            .            .             .            .              .            .            .      .            .            .            .            .            .            .             .          .
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February 19, 2013, 05:19:37 PM
 #7

Hello

I'm looking for a $375 loan for a  BFL mini single.I am also up for splitting on a BFL mini single. This is all depending if BFL ships in the next couple of weeks. I can pay back loan a rate of $50 a month prior to receiving income from the Mini Single.

You have several misconceptions, First of all, if you order today, you will have to wait 2-3 months to receive your units, I asked butterfly lab personally by email.
And said April to May. You saying depending if they ship next several weeks. You won't be in that batch if you order now, those are for june 2012 or before orders.
Your profit rates will be a lot lower and it will take a long long time to repay back your loan. As difficulty will sky rocket many times before you receive your unit.


From: Butterfly Labs Inc <office@butterflylabs.com>
Sent: Thursday, February 7, 2013 3:12:51 PM
Subject: Re: ASIC Ordering

Hello lightlord,

If you order now, it won't ship until late April or early May.

Thank you,

Dave M.
Account Manager Butterfly Labs
dave@butterflylabs.com
913-271-6744


On Tue, Feb 5, 2013 at 9:09 PM

Hi jody, I am considering an another order of 2 Bitforces Single SC.
I have a question, If I order those, will these two come at a later time?
Like batch 2-3? Or will I get all of them on batch 1?

Best regards
lightlord





.
.BIG WINNER!.
[15.00000000 BTC]


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hughson (OP)
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February 19, 2013, 05:34:23 PM
 #8

Hello

I'm looking for a $375 loan for a  BFL mini single.I am also up for splitting on a BFL mini single. This is all depending if BFL ships in the next couple of weeks. I can pay back loan a rate of $50 a month prior to receiving income from the Mini Single.

You have several misconceptions, First of all, if you order today, you will have to wait 2-3 months to receive your units, I asked butterfly lab personally by email.
And said April to May. You saying depending if they ship next several weeks. You won't be in that batch if you order now, those are for june 2012 or before orders.
Your profit rates will be a lot lower and it will take a long long time to repay back your loan. As difficulty will sky rocket many times before you receive your unit.


From: Butterfly Labs Inc <office@butterflylabs.com>
Sent: Thursday, February 7, 2013 3:12:51 PM
Subject: Re: ASIC Ordering

Hello lightlord,

If you order now, it won't ship until late April or early May.

Thank you,

Dave M.
Account Manager Butterfly Labs
dave@butterflylabs.com
913-271-6744


On Tue, Feb 5, 2013 at 9:09 PM

Hi jody, I am considering an another order of 2 Bitforces Single SC.
I have a question, If I order those, will these two come at a later time?
Like batch 2-3? Or will I get all of them on batch 1?

Best regards
lightlord




I was referring that I will only buy from BFL if they manage to ship.I do not need a loan until they have a product. I do know it will be a while before they ship for people who are only after they produce a product.
hughson (OP)
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February 19, 2013, 05:36:57 PM
 #9

Do you plan on using mining rewards to repay the loan?

If you can't afford a single mini, why don't you get a jalapeno or two?

I might get a jalapeno if a can't get a loan. and yes I would use the mining reward to help pay back the loan.
hughson (OP)
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February 19, 2013, 05:46:27 PM
 #10

I already have a couple orders in from Aug or Sept of last year for some BFL Single ASICs. How about you send me what you have and I can split profits with you? We'd get the units way sooner than if you ordered today.
I will consider your offer.I will only have money next Thursday (the 28th)

Though your way sounds more profitable because the mining would start sooner I'm really interested doing this whole ASIC mining myself. I'll let you know.
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February 20, 2013, 02:42:54 AM
 #11

Based on Jeff's statistics

10 BTC/day @ 66 GH/s

x BTC/day / 4.5 GH/s = 10 BTC/day / 66 GH/s

45 GH/s / 10 BTC/day = x 66GH/s / BTC/day

x = 0.68 BTC/day * 30$ = 20.45$

150/20.45 = 7.33 days to get back your investment.

That's looking at if you get it soon. So what if you use the 225$ you DO have and buy someone's pre-ordered Jalapeño?

hughson (OP)
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February 20, 2013, 10:10:20 AM
Last edit: February 21, 2013, 01:10:48 AM by hughson
 #12

Based on Jeff's statistics

10 BTC/day @ 66 GH/s

x BTC/day / 4.5 GH/s = 10 BTC/day / 66 GH/s

45 GH/s / 10 BTC/day = x 66GH/s / BTC/day

x = 0.68 BTC/day * 30$ = 20.45$

150/20.45 = 7.33 days to get back your investment.

That's looking at if you get it soon. So what if you use the 225$ you DO have and buy someone's pre-ordered Jalapeño?

read post #10/and I'll have about $300-$400 to invest
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