
SLP369 Daniel Frumkin - Calculating Bitcoin Mining Profitability
Stephan Livera Podcast
00:00
Using Fi Credit to Financing a Bit Coin Mining Business
Public miners are able to acquire bit coin much cheaper by mining it than they could by just purchasing it. It's harder to justify a loan for, what, say, 500 million dollars if you're just going to use it to buy bitcoin. Part of the next up datis we're actually going to build in the ability to do debt financing. And i think tht that something people should look at when looking at these really large miners as they're scaling.
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