Crypto-friendly bank ends loans backed by mining rigs: Details inside

2023-2-1 16:30

BankProv will no longer provide loans secured by cryptocurrency mining rigs after writing off $47.9 million in loans. Mining rigs that secured loans have been forced to sell equipment during thThe post Crypto-friendly bank ends loans backed by mining rigs: Details inside appeared first on AMBCrypto.

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loans mining rigs secured inside crypto-friendly details

Источник: ambcrypto.com

loans mining → Результатов: 22


2nd Largest BTC Mining Pool, Poolin, Collabs With BlockFi, To Boost Crypto Lending Service

Reports confirm that the U.S based institutional-grade crypto lender, BlockFi, will be extending credit to Pooling, the second largest Bitcoin mining pool. The latest move sets the mining pool on extending its crypto lending services to miners since launching Blockin, a Singapore-registered wallet entity, which offers loans to miners. Since the halving, the hash rate […]

2020-6-3 18:45


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Mike Novogratz’s Galaxy Digital Is Raising a $250 Million Credit Fund for Crypto Firms

Bitcoin bull Mike Novogratz’s crypto merchant bank Galaxy Digital is raising at least $250 million to offer loans in USD to crypto firms looking for cash, reported Business Insider on Jan. 25. According to people familiar with the matter, borrowers will get loans by using cryptocurrencies, buildings, and even cryptocurrency mining hardware as collateral.

2019-1-25 16:49


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