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Author Topic: Need help. Looking for a loan to start medium scale mining.  (Read 124 times)
revwow
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August 27, 2018, 05:41:32 PM
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Basically I'm looking for around a $10,000 loan to start altcoin mining.
I've been into for many years and understand the hardware and software (I program as well) behind this.
I started small a while back but had to work on something else.

I doubt I'll find someone willing to lend me that amount here, so I'm asking if anyone knows of a lending company or bank which would lend me that with an understanding of BTC and mining.
I'm assumingmost banks will not understand my offer and the ROI time blah blah and probably think it is illegal.  (I've asked my personal bank in the past and they asked me if were legal)

Based on my limited income I'm trying to pull this off which would not be difficult with my understanding of how this works though the initial amount of money needed is where I'm stuck.

IF someone is willing to lend me that here, I can provide personal info, talk on the phone, proof of residence (existance) etc.  Thanks all.
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ThatRandom8543
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August 27, 2018, 07:45:13 PM
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Basically I'm looking for around a $10,000 loan to start altcoin mining.
I've been into for many years and understand the hardware and software (I program as well) behind this.
I started small a while back but had to work on something else.

I doubt I'll find someone willing to lend me that amount here, so I'm asking if anyone knows of a lending company or bank which would lend me that with an understanding of BTC and mining.
I'm assumingmost banks will not understand my offer and the ROI time blah blah and probably think it is illegal.  (I've asked my personal bank in the past and they asked me if were legal)

Based on my limited income I'm trying to pull this off which would not be difficult with my understanding of how this works though the initial amount of money needed is where I'm stuck.

IF someone is willing to lend me that here, I can provide personal info, talk on the phone, proof of residence (existance) etc.  Thanks all.


If you have valid collateral, then sure anyone would give you a loan, but the problem is youre not. People here know about risk, and this is something that is extremely high risk and like you said you have limited income which means something could come up which would result in you defaulting and the lender being SoL. Your person info and what not is not valid collateral. Read the first two post on https://bitcointalk.org/index.php?topic=577765.0 and either provide valid collateral that is 120% of what youre asking or lock this thread.
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August 27, 2018, 08:17:46 PM
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Give it up you scammers...

It takes me a lot less time to paint you than it takes you to create a new account and post your scam.

I'm into creating universes, smiting people, writing holy books and listening to Prayer Messages (PMs).
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bill gator
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August 28, 2018, 01:58:45 AM
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It takes me a lot less time to paint you than it takes you to create a new account and post your scam.

Especially when you take into consideration the fact that there are multiple people constantly checking and tagging for this kind of behavior. How often are these attempts successful, if they ever are? I can't help but feel like you have a secret admirer, Vod, and this is their way of feigning interaction.

Anyone that would be willing to invest $10,000 into someone's project that may or may not payout after years when they do not know and cannot trust the person they are lending to, has already been scammed for everything they'd be willing to spare. People can just buy their own miners, or find a reliable host for their equipment; this is not some extraordinary need that you are speaking to.
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August 28, 2018, 02:50:07 AM
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Especially when you take into consideration the fact that there are multiple people constantly checking and tagging for this kind of behavior. How often are these attempts successful, if they ever are? I can't help but feel like you have a secret admirer, Vod, and this is their way of feigning interaction.

I'm not too thrilled about your use of the singular there....   Undecided 

I'm into creating universes, smiting people, writing holy books and listening to Prayer Messages (PMs).
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revwow
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August 28, 2018, 02:48:41 PM
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downvotes for a question!
I was not expecting a loan, as I sad.
Yes im a newb here since I dont normally post.  I had an account bust lost the info.
Anyway I contacted a bank and they led me to a small business development organization, both said the same thing, there's not enough trust (yet) with this loans for crypto.
Best to find an alternative path.
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August 28, 2018, 05:24:57 PM
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Basically I'm looking for around a $10,000 loan to start altcoin mining.
IF someone is willing to lend me that here, I can provide personal info, talk on the phone, proof of residence (existance) etc.  Thanks all.

If this is not a Loan Request, then what is a Loan request for you?!
You are not expecting a Loan because noone will give you or anybody else funds without a substantial and valuable (valid) Collateral.
Everything that you "offer" is worthless, along with the excuses and stories of yours about banks and crypto loans.

Now that you got the only thing that you can get from here, make a new account and try again without lies.
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August 28, 2018, 10:14:57 PM
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Best to find an alternative path.

First thing you have said that’s true.
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