[Closed]

[eviltt]

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

[1714900824]

1714900824

[PatrickHarnett]

Considering.  When do you need funds by?

[eviltt]

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]

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

[eviltt]

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]

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]

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

[eviltt]

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

Transaction ID from MTGOX

8fafe0e75c7ddf2da500188d8720c6c0ca3cc73141934c4d3b94492591368186

[PatrickHarnett]

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