Results 1 to 5 of 5
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11-24-2021, 11:47 PM #1
- Join Date
- Oct 2021
- Posts
- 5
Collateralized Loan for a Venezuelan Bitcoin Mining Operation - Startup.
Hello, Daily Funder,
My client is looking for a start up loan. It’s to purchase bitcoin mining equipment. So it’s 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
Thank’s,
Value
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11-29-2021, 02:19 PM #2
- Join Date
- Jun 2021
- Location
- miami
- Posts
- 437
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.
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11-30-2021, 12:17 PM #3
- Join Date
- Nov 2018
- Posts
- 24
If you find someone willing to fund him let me know, I have a bridge they can buy too.
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12-29-2021, 03:01 PM #4
- Join Date
- Oct 2021
- Posts
- 5
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 03:03 PM.
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12-29-2021, 03:20 PM #5
- Join Date
- Feb 2017
- Posts
- 3,375
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.
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