Coinbase now offers loans backed by bitcoin mines

Description

“We think about [bitcoin mining] ASICs like a car engine. You might not want to lend against a car engine, but you might want to lend against a car.” Coinbase Asset Management Head of Credit Doug Wilson breaks down why Coinbase’s hashrate lending product is secured by the entire bitcoin mine, not just the ASICs inside it, on the latest Mining Pod! 🎧 Catch the latest episode of 'THE MINING POD,’ in partnership with Blockspace Media! 📺 Watch: https://go.coindesk.com/3UH5phM?term=organic&utm_campaign=CoinDesk&utm_content=the+mining+pod%2CPodcast+Partnerships%2CBlockspace+Media+Q4+25&utm_medium=social&utm_source=youtube 🎧 Spotify: https://go.coindesk.com/4bdam8m?term=organic&utm_campaign=CoinDesk&utm_content=the+mining+pod%2CPodcast+Partnerships%2CBlockspace+Media+Q4+25&utm_medium=social&utm_source=youtube 🎧 Apple: https://go.coindesk.com/42adA8N?term=organic&utm_campaign=CoinDesk&utm_content=the+mining+pod%2CPodcast+Partnerships%2CBlockspace+Media+Q4+25&utm_medium=social&utm_source=youtube