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eviltt
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February 19, 2012, 07:58:41 PM
 #1

Request: 200 BTC
Duration: 60 days
Interest: 15%
Total Return 230 BTC
Purpose of the Loan: To grow my mining operation by 1600 Mh/s
Source of income: Combination of my personal income from work, and mining proceeds.

I have had only one previous loan of a much smaller amount admittedly. However I am willing to provide any personal information required including contact information at my place of business.

I am a Senior Network Engineer for a major US University. I will provide any requested information.  

I have already invested in my current mining rig, mining at this moment at 1600 Mh/s. I am waiting for my 2nd 5970 to ship increasing that rig to roughly 2400 Mh/s.

Overall goal

Grow my mining operations to 4000 Mh/s

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PatrickHarnett
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February 19, 2012, 08:01:29 PM
 #2

Considering.  When do you need funds by?
eviltt
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February 19, 2012, 08:07:24 PM
 #3

Considering.  When do you need funds by?

Any time in the next few days would be fine.  Sooner the better obviously, however I understand the need to consider this loan carefully.
hashking
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February 19, 2012, 08:52:54 PM
 #4

I can give you 5 btc but you would have to repay me 5.75.  Let me know if this would help. 
eviltt
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February 20, 2012, 01:28:38 AM
 #5

I can give you 5 btc but you would have to repay me 5.75.  Let me know if this would help. 


Thank you very much, It appears that Patrick and I may have come to terms on an agreement for this loan. I will however let you know if for some reason this falls through.

Thank you again!
PatrickHarnett
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February 20, 2012, 03:52:24 AM
 #6

Funded 200 coins.

Repayment is 240 coins in two months time.  We have an additional clause that says if the exchange rate (like gox/usd) increase above $7, the repayment gets pushed out by up to a month.

We also discussed the potential for a $20 price, and in that case I might just be very happy to have 200 coins back at $20.
eviltt
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February 20, 2012, 04:23:03 AM
 #7

Funded 200 coins.

Repayment is 240 coins in two months time.  We have an additional clause that says if the exchange rate (like gox/usd) increase above $7, the repayment gets pushed out by up to a month.

We also discussed the potential for a $20 price, and in that case I might just be very happy to have 200 coins back at $20.

Loan has been received

Thank you very much Patrick!

Lets just hope we get to that $20 price Cheesy
eviltt
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February 27, 2012, 03:04:41 AM
 #8

Payment sent back + 5 BTC interest as I have decided to change the direction I was headed.

Transaction ID from MTGOX

8fafe0e75c7ddf2da500188d8720c6c0ca3cc73141934c4d3b94492591368186
PatrickHarnett
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February 27, 2012, 03:27:45 AM
 #9

Loan repayment confirmed.  Thanks for making this an easy loan - better rates for next time.
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