SohailSabri (OP)
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February 11, 2014, 06:57:48 PM Last edit: February 12, 2014, 07:20:39 PM by SohailSabri |
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I am looking for a loan of 150 bitcoins for an individual mining project.
I am looking to buy 10 X 3.3 TH/s miners; therefore these 10 miners will mine at a minimum rate of 33 TH/s.
The miners will cost me $87,990 or £53,518 or 170 bitcoins.
Currently there are 25 bitcoins in one block, and the bitcoin difficulty is 2,621,404,453. Currently one bitcoin is worth $515.23 or £351.06.
At a total hash rate of 33 TH/s my electricity company charges $0.21 or £0.13 p/kWh. The total power consumption of these 10 miners will be 18150 Watts per second. Taking into account the average calculated profitability decline of 0.61 per year I have been able to quite accurately calculate my business projections.
With all this information the average generation time for a block will be 3 days and 22 hours with solo mining, however this is greatly dependent on luck. With the cost of the miners, I will break even in an expected 23 days.
I will be earning an expected 6.3310 bitcoins per 24 hours. The cost of power will be $91.48 per 24-hour period to keep the miners fully functional.
This means that total revenue per day will be $4020.01 minus the power costs of $91.48 will mean a profit of $3958.23 per 24 hour (day).
I have calculated that the system efficiency of the miners will be a great number of 1818.18 MH/s/W.
The mining factor 100 at the end of the time frame currently will be $0.01 per 24 hours at a rate of 100 MH/s.
The total power costs of the miners in 1 month will be $2784.30 while the revenue per month will be an estimated $119,873.20, the revenue per month minus the power costs per month will mean an estimated profit of $117,088.90.
The total power costs of the miners in 1 year will be $33,411.61 while the total revenue per year will be an estimated $1,158,495.78, revenue per month minus the power costs per month will mean an estimated profit of $1,125,084.17
These calculations have been checked and checked again and in fact, I will be change the business plan 1-2 times a week to keep up with the latest bitcoin prices, mining difficulty and mining factor to keep my investors updated. Some things have not been included in too much detail to keep my plan simple and easy to understand, if you need further information I can oblige.
In terms of collateral I offer no alternative currencies, or money, I only offer gold, and the amount of gold you receive will be dependent on the amount you invest. I also will be offering my identification as another form of collateral. You will always receive both; I will be offering a scan of my passport, birth certificate, recent hospital letter, a picture of my house, my address, telephone number, Skype and email. You will always have access to the accounts on excel and they will be sent to you at the end of each week without fail.
I do not assume that any one person will give me 150 bitcoins, if you can, that’s great, and you’ll get brilliant returns, but actually the total amount of loans I have to offer are 150, totaling 1 bitcoin each. I will not accept loans of less than 1 bitcoin. So in total, I will have to pay back 300 bitcoins. I will be doubling your loan.
You can give me a loan of 1, 2, 3, 5, 10, 50, 100 or even the whole 150 bitcoins. Whatever you give me it will be doubled. I do not offer interest, as I don’t think it’s necessary as you are getting back 200% with collateral and identification.
The repayment scheme will start as soon as I break even, that’s 23 days. After 23 days I will start paying back each loan. The bigger loans will be payed off first, and the smaller ones will be last. So if you want to get your 200% back ASAP, invest big!!
Earning 6 bitcoins a day, it will take me a total of 50 days to pay back the total 300 bitcoins. So within 75 days every single one of you will have been payed back double what you gave me. That’s a guarantee.
For example you give me 1 bitcoin, you’ll get back 2 at the latest after 75 days. The more you give me, the more you get back and the quicker you get it back.
I’m not a scammer, I’ve responded to everything I’ve been asked or challenged with, I’m active most of the time and I’m being serious. If you have any questions don’t hesitate to PM me or post a message, I’ll respond ASAP. The reason I got negative feedback was because I asked for a stupid amount when I first joined, with no business plan and then I just ignored everyone that questioned me, and I ended up getting scammed, I was naïve, I’m wiser now.
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Bitdonator
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February 11, 2014, 07:54:42 PM |
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smell like a scam ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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SohailSabri (OP)
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February 11, 2014, 07:58:22 PM |
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smell like a scam ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) That's not funny, if you're saying it for the sake of it, people will see right through you. I am not a scammer, and I'll challenge anyone who calls me a scammer. What makes you call me a scammer?
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trashymonkey
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February 11, 2014, 08:10:23 PM |
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You realize you're asking for like a something like 100,000 dollars with absolutely no way for us to get our money back if you decided to run. Would you lend that much money to some guy on the internet?
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SohailSabri (OP)
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February 11, 2014, 08:18:50 PM |
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You realize you're asking for like a something like 100,000 dollars with absolutely no way for us to get our money back if you decided to run. Would you lend that much money to some guy on the internet?
That's the total amount of bitcoins I would like, but actually you could give me any amount like I said, you could give me 1, 2, 5, 10 or even more, it's your choice. I'm not expecting one person to give me all that. Plus I'm not going to run, hence the collateral and the identification I am providing.
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Tomatocage
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brb keeping up with the Kardashians
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February 11, 2014, 10:49:41 PM |
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I can do the entire 150 BTC loan for 6584 LTC collateral. PM me for the deposit address if you're serious.
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SohailSabri (OP)
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February 12, 2014, 08:01:58 AM |
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I can do the entire 150 BTC loan for 6584 LTC collateral. PM me for the deposit address if you're serious.
I am definitely willing to discuss this with you to see if we can come to some sort of agreement. That's $110,000 right?
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rohnearner
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February 12, 2014, 07:08:51 PM |
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Sorry but those RED lines under TRUST section is not a good signal ..! No offense
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SohailSabri (OP)
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February 12, 2014, 07:19:29 PM |
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Sorry but those RED lines under TRUST section is not a good signal ..! No offense
No they're not but I'm not a scammer, I was naive when I first started and asked for stupid amounts then ditched the whole thing and got labelled a fly by night scammer. I'm not a scammer, I ended up getting scammed collateral, but that was my fault.
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Pacheco
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February 12, 2014, 07:30:56 PM |
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you're kidding everyone
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SohailSabri (OP)
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February 12, 2014, 09:01:33 PM |
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you're kidding everyone
You keep thinking that. I know I'm not, plus I'm pretty sure people can judge for themselves without you being pointlessly negative, go offer something constructive.
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Kouye
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Cuddling, censored, unicorn-shaped troll.
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February 12, 2014, 09:34:04 PM |
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Which company offers you 33Th/s for $87,990, if I may ask ? (Be careful, there are a lot of possible wrong replies).
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[OVER] RIDDLES 2nd edition --- this was claimed. Look out for 3rd edition! I won't ever ask for a loan nor offer any escrow service. If I do, please consider my account as hacked.
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SohailSabri (OP)
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February 12, 2014, 10:15:31 PM |
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Which company offers you 33Th/s for $87,990, if I may ask ? (Be careful, there are a lot of possible wrong replies).
What do you mean wrong replies? The company is Hashblaster.
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Kouye
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Cuddling, censored, unicorn-shaped troll.
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February 12, 2014, 10:20:18 PM |
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Which company offers you 33Th/s for $87,990, if I may ask ? (Be careful, there are a lot of possible wrong replies).
What do you mean wrong replies? The company is Hashblaster. Hahaha!!! Well, among all the answers, this is probably one of the worse. I hope nobody helps you donate money to those obvious scammers (and keep you safe at the same time). ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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[OVER] RIDDLES 2nd edition --- this was claimed. Look out for 3rd edition! I won't ever ask for a loan nor offer any escrow service. If I do, please consider my account as hacked.
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SohailSabri (OP)
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February 12, 2014, 10:30:47 PM |
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Which company offers you 33Th/s for $87,990, if I may ask ? (Be careful, there are a lot of possible wrong replies).
What do you mean wrong replies? The company is Hashblaster. Hahaha!!! Well, among all the answers, this is probably one of the worse. I hope nobody helps you donate money to those obvious scammers (and keep you safe at the same time). ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) What are you talking about?
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Kouye
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Cuddling, censored, unicorn-shaped troll.
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February 12, 2014, 10:33:19 PM |
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Which company offers you 33Th/s for $87,990, if I may ask ? (Be careful, there are a lot of possible wrong replies).
What do you mean wrong replies? The company is Hashblaster. Hahaha!!! Well, among all the answers, this is probably one of the worse. I hope nobody helps you donate money to those obvious scammers (and keep you safe at the same time). ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) What are you talking about? Just do not order anything from them, and thank me later. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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[OVER] RIDDLES 2nd edition --- this was claimed. Look out for 3rd edition! I won't ever ask for a loan nor offer any escrow service. If I do, please consider my account as hacked.
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James222
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Wassup?
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February 12, 2014, 10:36:46 PM |
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Here's the thing. I'm sure you'd like to do your project. I've had the same idea "I get a loan, buy the miners and relapay it". If someone would've loaned me something, I would've repaid it in weeks. But people don't trust each other. Why would we allow you to make tons of money from other's money? If someone had 150 BTC why would he not do it himself? Get collateral and you'llget a loan
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TheCatLife
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February 12, 2014, 11:02:24 PM |
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Which company offers you 33Th/s for $87,990, if I may ask ? (Be careful, there are a lot of possible wrong replies).
What do you mean wrong replies? The company is Hashblaster. Hahaha!!! Well, among all the answers, this is probably one of the worse. I hope nobody helps you donate money to those obvious scammers (and keep you safe at the same time). ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) What are you talking about? He's talking about this: https://bitcointalk.org/index.php?topic=368243.0Topic: Hashblaster, from Essen Germany You see, we here at Bitcoin talk dedicate our time and love to Bitcoin and when a new company selling anything in relation to Bitcoin we thoroughly investigate that company. In terms of Hashblaster - they don't even have a business license. You are asking for 150 BTC to send to a company that isn't providing real products. That's why this whole thing is utterly and amazingly hilarious.. I laughed I just loved that "What are you talking about?" - as if to say "I have never even considered doing research on something I intend to buy. I have never heard of caveat emptor."
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Vod
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Licking my boob since 1970
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February 13, 2014, 09:20:58 AM |
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Kouye, everytime I see your avatar I think of getting a "Hashblaster". ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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