Raising funds for cloud mining auto-bidding

[zaradoz]

Hi all,

I'm not sure this is the right place for this, if this is the wrong forum, please point me to the right place

I'm raising money for a small mining operation I am running, this is an automated script that buy and sell cloud mining contracts on CEX.io and Cryptsy. The script aim at keeping the total BTC value of the accounts while using the income from block rewards to buy more GHS.

The script constantly monitor contracts prices and attempt to balance between GHS holding and BTC holding, for example, if the GHS price going down the script will buy more GHS to get more BTC from block rewards, if the price is going down too sharply the script will sell GHS to prevent loses. All of this while attempting to keep total initial BTC value.

Currently I am running the bot at around 500GHS, and I wish to add at least 50 more, for this I am raising BTC via bitbond (I find them more secure and reliable than BTCJam or getting the loans directly)

If you wish to help - https://www.bitbond.net/issuer/bonds/1CKSVS3HRT
the interest rate is 11.15%

[Justin00]

your raising money for cloud mining or to make the script to do what you described
pretty high interest rate.. guessing you don't have your own money or don't wish to use it ??

[zaradoz]

your raising money for cloud mining or to make the script to do what you described
pretty high interest rate.. guessing you don't have your own money or don't wish to use it ??

I am raising money to add to the current account running the script. Currently I am running with about 500GHS, and I wish to add about 50GHS.

I have about 5BTC of my own in stake on this account (currently CEX.IO), the high rate is set by bitbond, the average return of my script is around 15-16% monthly, so 11.15% annually is fine by me

[dude3002]

I would love to invest my two cents into this but the link is broken. Please fix it.

[zaradoz]

I would love to invest my two cents into this but the link is broken. Please fix it.

This bond was already funded.