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  1. #1

    Collateralized Loan for a Venezuelan Bitcoin Mining Operation - Startup.

    Hello, Daily Funder,

    My client is looking for a start up loan. Itís to purchase bitcoin mining equipment. So itís collateralized. Power is less than $0.01 cent in Venezuelan. He is buying cheap old mining hardware, then fixing them up to consume less power. So it sounds promising.

    If you guys have a high risk direct lender who can purchase the equipment then lease it back to him until his debt is repaid. Please shoot me a PM

    Thankís,

    Value

  2. #2
    Senior Member Reputation points: 11146
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    Jun 2021
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    bro id stay away from anything involving Venezuela. one day he's running a great and profitable operation the next the government decides to seize everything for the "good of the people". good business and dictatorships do not go hand and hand.

  3. #3
    If you find someone willing to fund him let me know, I have a bridge they can buy too.

  4. #4
    Bump, he is moving it to the United States. At 3.5 cents per kilo watt, it still looks promising.
    Last edited by Value; 12-29-2021 at 04:03 PM.

  5. #5
    Senior Member Reputation points: 149821
    Join Date
    Feb 2017
    Posts
    2,517

    If it's domestic, someone did reach out to me a few weeks about wanting to invest/lend on these projects if it's promising. If you're interested in me finding out more, send me an email.
    Micah Markowitz | mmarkowitz@abfunders.com | 314-396-2828 | abfunders.com

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