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Author Topic: Need Funds for Hashflare Mining  (Read 898 times)
commandercody38 (OP)
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November 29, 2016, 02:48:53 AM
Last edit: November 29, 2016, 11:45:37 AM by commandercody38
 #1

I am preparing to go cloud mining with Hashflare. I will use them for awhile and then get mining hardware myself. I am planning on renting 7.5 terahashes ($900) (BTC1.23076923) of mining power. It only makes since that the collateral is the Hashflare account itself. According to coinwarz mining calculator I will make enough back to pay off a loan. Please respond for more information so we can negotiate a deal. Thanks!http://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=7500&p=0.00&pc=0.34&pf=0.00&d=281800917193.19600000&r=12.50000000&er=738.62990000&hc=900
KWH
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November 29, 2016, 02:54:14 AM
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I am preparing to go cloud mining with Hashflare. I will use them for awhile and then get mining hardware myself. I am planning on renting 7.5 terahashes ($900) (BTC1.23076923) of mining power. It only makes since that the collateral is the Hashflare account itself. According to coinwarz mining calculator I will make enough back to pay off a loan. Please respond for more information so we can negotiate a deal. Thanks!http://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=7500&p=0.00&pc=0.34&pf=0.00&d=281800917193.19600000&r=12.50000000&er=738.62990000&hc=900

So, whomever lends these funds gets control of the Hashflare account? Why would the lender not just invest there themselves and keep ALL profits?
I think your business plan needs a little work.

When the subject of buying BTC with Paypal comes up, I often remember this: 

Insanity: doing the same thing over and over again and expecting different results.

Albert Einstein
ThatRandom8543
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November 29, 2016, 03:32:40 AM
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I think your business plan needs a little work.

I agree on that, especially since we would make more than the interest/return he would provide.
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