1. Crypto lending platform Maple has set up a $300 million credit fund for bitcoin miners, according to Bloomberg. The fund plans to obtain loans through a mix of bitcoin mining equipment, power assets and tokens, and the crypto assets will make up only a small portion of the collateral. The loans will have terms of 12 to 18 months and interest rates ranging from 15% to 20%.
Global Crypto Mining News (Sep 19 to Sep 25)
Global Crypto Mining News (Sep 19 to Sep 25)
Global Crypto Mining News (Sep 19 to Sep 25)
1. Crypto lending platform Maple has set up a $300 million credit fund for bitcoin miners, according to Bloomberg. The fund plans to obtain loans through a mix of bitcoin mining equipment, power assets and tokens, and the crypto assets will make up only a small portion of the collateral. The loans will have terms of 12 to 18 months and interest rates ranging from 15% to 20%.