Asic S19j Pro

[MineSweep]

Hi all

Financing a new antminer S19j Pro as I spend time working remotely for a cryptocurrency project Rchain. The S19j Pro makes its money back within a year. Has anyone financed their antminer with a loan before. Looking for someone with experience contatcting a creditor as I will be contacting Bank of America, Amazon and Chase. What loan did you get, where did you colocate and how long till you paid back. https://www.asicminervalue.com/miners/bitmain/antminer-s19j-pro-100th

Serious inquires

[1715084133]

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[1715084133]

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[1715084133]

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[Gabrics]

I doubt that any banks will understand. They will run away as you mention bitcoin, especially mining. Even if they do I don't think they will give 10K+ low interest loans without collateral. I think your best bet would a credit card with high interest rate.

I wouldn't do it as it is risky as hell. You are usually better off simply buying bitcoin. As much as you can using cash.

[wndsnb]

The S19j Pro makes its money back within a year.

Um ... you say that like it's a sure thing, it is not. You might make your money back within a year, if BTC price stays high, and difficulty stays low, and your miner doesn't break, and,  and, and....

[BitMaxz]

No banks yet that I heard offers loan for ASIC machines maybe in other countries but in my area, they don't allow me to take a loan.

Most banks only give loans to cars and mobile phones but it's impossible to get a loan and tell them that you are going to invest it in a Bitcoin miner.
Why not look for a trusted friend that can give you a loan and pay him monthly?