Basically, I've pitched the idea of investing into Bitcoin mining to my friend. He would provide the capital to build the PC, and I'd do everything else from there.
I'm thinking of loaning around £500-600 from him, and then building a rig and either...
a) Paying him back a fixed amount, I'm not sure how much is a reasonable about, £700/£750?
b) Giving him a percentage of the income from day 1, say 40 to 60%, again, i'm not sure how much is reasonable.
I would be paying the electricity costs and everything too, so paying him back a percentage of the income would need to take this into consideration.
Anyone have any suggestions?