Hello all, I've been watching the forums and GLBSE exchange for some time and want to ask few questions. I own some considerably big mining rigs and considerable amount of money held in it. However lately I had some financial problems so first I thought of selling part of it. Then I came across GLBSE which could help me to solve the problem: I could get some money for shares sold and also keep doing what I like most.
I'd like to ask a few questions here before starting anything serious:
* There are already quite a few Mining "companies" running on GLBSE, would there be even a place and interest for new one?
* How does the verification procedure go? I don't want my ID scan and other details floating over the internet.
* Is it safe? Well, I guess it is, there wouldn't be so many listings if it weren't. Right?
Thanks.
depends on how much capital you're interested in. Basically what you want to do is use the mining rig as collateral for a loan. You can create a security for such a thing on GLBSE, but GLBSE is adjusting their policies right now. But as long as you can provide proper identification and clear terms for payment (and what happens when you don't pay) you should be fine. It may be a bit expensive to do microloans on GLBSE. The setup fee is 8-15 BTC. But maybe Nefario may be interested in setup up a category for this kind of security with lower fees?