Edited on 20/05/2025, 10:29:07 UTC
Hi Everyone
I am in a financial situation where having a bitcoin would come in really useful. The idea I have is as follows:
1. Borrow a bitcoin from someone who would be willing to lend me the bitcoin
2. Use some of the funds from the bitcoin to pay ofoff debt (roughly $23 000)
3. Use the other funds to buy a bitcoin miner. Looking at getting the Antminer S21 XP with 270TH/s
4. Use the bitcoin miner to pay back the bitcoin once a bitcoin has been generated - even pay back two bitcoins as a ROI opportunity.
If there is anyone willing to take a chance, please let me know. I know it is a long shot, but this is the best idea I can come up with.
Thank you
Original archived Borrowing a bitcoin to buy a miner, generate a bitcoin and pay it back
Scraped on 20/05/2025, 09:58:58 UTC
Hi Everyone
I am in a financial situation where having a bitcoin would come in really useful. The idea I have is as follows:
1. Borrow a bitcoin from someone who would be willing to lend me the bitcoin
2. Use some of the funds from the bitcoin to pay of debt (roughly $23 000)
3. Use the other funds to buy a bitcoin miner. Looking at getting the Antminer S21 XP with 270TH/s
4. Use the bitcoin miner to pay back the bitcoin once a bitcoin has been generated - even pay back two bitcoins as a ROI opportunity.
If there is anyone willing to take a chance, please let me know. I know it is a long shot, but this is the best idea I can come up with.
Thank you