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Bitcoin Forum > Economy > Marketplace > Lending > [Large Loan Request] Will verify ID and proof of ability to pay through John K.
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JuenoMT (OP)
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November 26, 2013, 07:24:19 PM
 #21
Quote from: markjamrobin on November 26, 2013, 05:27:38 PM
Quote from: Tomatocage on November 26, 2013, 04:13:03 AM
Something to consider is letting the lenders purchase the ASICs themselves and have them mine however much BTC + interest they would have obtained. After they're done they can send you the ASICs for free (you pay shipping).

But why would anyone do this, when they can buy the ASICs, and mine with them till they are far above the payback rate?
Agreed. Plus, as I mentioned before, there is no security for the borrower. There is also the lose of revenue during shipment to consider.
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November 26, 2013, 07:26:55 PM
 #22
Quote from: Wipeout2097 on November 26, 2013, 12:52:27 AM
I didn't read the whole thread so perhaps it was already mentioned ...

Some people will be interested in getting the loan back + (some Gh/s quota out of the equipment instead of the 15% you offer).
Nothing preventing such on arrangement, as I stated, I'm open to any reasonable terms.
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