Post
Topic
Board Mining (Altcoins)
Re: Commercial Mining Farm Banking Issue
by
gwestcot
on 27/02/2018, 16:35:55 UTC
Lol i didnt even know banks offered lending to crypto mining startups?! Where i live u gotta bank it urself. Why would a bank take a risk like that? Its not very smart. And their bottom line is all about profits, but i guess this shows that we are back to square one again and 2008 will happen soon again.  Grin

Yeah that's a little crazy that a bank would lend money for a mining startup.  Maybe the ones that do just have no idea what they're getting themselves into. 

well the truth is that a lot of startups are really risky, just take a look at statistics of how many fail

I don’t need a loan since I have a fairly substantial amount of startup capital on my own. I simply need a bank that will give me a commercial account.