Quote from: cyberpitstop on June 28, 2014, 08:26:08 PM

Quote from: Genesis-Mining on June 25, 2014, 04:12:32 PM

We are proud to announce the world's first peer-to-peer, end-to-end cloudmining bitcoin lending solution!

We partnered up with BitLendingClub.com to provide world's first and unique solution for risk reduced bitcoin lendings.

If you want to start cloudmining, but don't have the funds, you can now borrow them at BitLendingClub.com and invest into GM's cloudmining contracts right away!
For most secure Lendings on all sides, borrower's funds are used to buy the contract right away. In return, the mining revenues are used to pay off the lending only, until the btc are paid back!

We hope to further enhance the cooperation with BitLendingClub in the future to present you more features and services!
An example for a lending can you find here: https://bitlendingclub.com/loan/browse/lid/1296

So what happened to this? Huh

??

If you mean the weblink at the end, then that linked to an example loan that a user had set up. If you read through the comments section, you will find a post that explains the following.

"This loan will not be activated, it's just posted to showcase our new partnership with Genesis Mining and the ability to take out loans where the payment is guaranteed by the hosted mining company. In other words, the borrower cannot cancel payment, be late for a payment, withdraw funds or invest the funds deposited by Genesis Mining into another loan.

I will probably cancel this loan in a day or two. Your investment will only show up while we're advertising this loan type."

So it was just put there for an example.