Providing insurance for the specialized equipment used to mine bitcoin might seem similar to the straightforward type of property-risk cover for data centers and the like, said Evertas CEO J. Gdanski. But a lingering fear of crypto generally, combined with several variables that affect the value of mining rigs, make it a poorly understood risk, Gdanski said.
Source: https://www.coindesk.com/business/2023/07/18/crypto-insurer-evertas-buys-bitcoin-mining-cover-specialist-bitsure/?utm_medium=referral&utm_source=rss&utm_campaign=headlines