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Author Topic: looking for a 5 BTC loan  (Read 405 times)
vforce1
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August 18, 2013, 06:06:05 AM
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hello i am looking for a 5BTC loan for more mining hardware to be paid back as i mine it i have 4 7950s and can put 2 as collateral if i cant pay the loan back but im sure i can pay it back in a timely manner. can send my DL and or w/e
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voxelot
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August 18, 2013, 06:13:27 AM
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Greetings!

I am also a hardware miner working with Avalon ASIC chips in a last effort to be able to mine BTC openly.

Can you provide any more information on your project?  You are currently GPU mining.. can you provide costs and ROI plans based upon the current difficulties of whatever cryptocurrency you are mining.  I assume LTC in your case.

A calculator may help http://www.bitcoinx.com/profit/

or perhaps in your case

http://www.litecoinminingcalculator.com/

Regards
vforce1
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August 18, 2013, 06:42:51 AM
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i greatly appreciate the reply and can provide a full business model in the AM. in the mean time yes i am currently mining scrypt based coins (worldcoin to be exact) and my current est. daily profit is about .06 -.08 btc. u say u work with avalon, maybe i can skip the middle man and just lease the hardware gradually paying it off with interest, just a thought?
according to litecoin calculator i make this with my current hardware
 Earnings:   
3.21 LTC / Day
96.15 LTC / Month
1170.64 LTC / Year
voxelot
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August 18, 2013, 07:19:55 AM
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Earnings:   
3.21 LTC / Day
96.15 LTC / Month
1170.64 LTC / Year

Those are fairly good stats.. I was unaware GPU mining could still profit that much.. great news!  You have also began posting in Stunna's 0% interest loan thread which is a great place to work with loans you are asking for.

Regards!
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