D
Deleted29658
Guest
Hello everyone,
I have setup a successful bitcoin mining farm and I am looking to scale the business. I am currently what you would deem a "small business" and I am trying to now scale my operation.
I am looking for fixed monthly loans. I have called EVERY BANK IN MY CITY and called all the SBA providers in my city. None of them will help me as they either do not know enough about bitcoin or do not see the value of me using my company's assets (the miners) as collateral. They don't understand that the price of the miners increases over time with the price of bitcoin so if for some reason I couldn't pay, selling machines would be very easy.
I have a competitive edge over the standard bitcoin mining farm due to a great network of individuals that I have developed over the last 5 years in this industry and this has given me an advantage of getting miners cheaper than most people are able and my overhead is severely reduced through some of these partnerships.
If you are interested or know of anyone that would provide either uncollateralize business loans or are willing to accept bitcoin miners as collateral, please let me know ASAP.
Thank you for your time and for reading!
EDIT: I am currently averaging $80-120K a year in bitcoin mined and have roughly $50,000 in miners that I would like to use as collateral
EDIT: If you don't know anything about the industry or are here just to criticize please find another thread. I am looking for investors that will help me scale
I have setup a successful bitcoin mining farm and I am looking to scale the business. I am currently what you would deem a "small business" and I am trying to now scale my operation.
I am looking for fixed monthly loans. I have called EVERY BANK IN MY CITY and called all the SBA providers in my city. None of them will help me as they either do not know enough about bitcoin or do not see the value of me using my company's assets (the miners) as collateral. They don't understand that the price of the miners increases over time with the price of bitcoin so if for some reason I couldn't pay, selling machines would be very easy.
I have a competitive edge over the standard bitcoin mining farm due to a great network of individuals that I have developed over the last 5 years in this industry and this has given me an advantage of getting miners cheaper than most people are able and my overhead is severely reduced through some of these partnerships.
If you are interested or know of anyone that would provide either uncollateralize business loans or are willing to accept bitcoin miners as collateral, please let me know ASAP.
Thank you for your time and for reading!
EDIT: I am currently averaging $80-120K a year in bitcoin mined and have roughly $50,000 in miners that I would like to use as collateral
EDIT: If you don't know anything about the industry or are here just to criticize please find another thread. I am looking for investors that will help me scale
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Last edited by a moderator:
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
