A Look into Bitcoin Miner Creditworthiness Evaluation

June 9, 2022, 11:40AM EDT

• 9 min read

Quick Take

  • Since the second half of 2021, the bitcoin mining industry has witnessed an increasing number of traditional financial institutions jumping into the miner lending business.
  • 11 major public mining firms had outstanding loan payables of $776 million as of March 31 and drew an additional $235 million in the subsequent months.
  • As the interest among traditional lenders grows, we take a look at some of the most fundamental metrics for evaluating a miner’s creditworthiness.

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Source: https://www.theblockresearch.com/bitcoin-miner-creditworthiness-evaluation-150739?utm_source=rss&utm_medium=rss