How To Find Mining Capital | Glyn Jones | The Mining Pod
Today we are joined by Glyn Jones, CEO of Ice Breaker Finance. Ice Breaker is a novel DeFi application merging miner financing with on-chain contracts. We talk about the mining credit crunch, what makes a good borrower and if ASIC backed loans will survive as a collateral type.
https://twitter.com/IcebreakerDeFi
Glyn Jones: https://twitter.com/glynjonesdefi
Will Foxley: https://twitter.com/wsfoxley
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TIMESTAMPS:
00:00 Start
00:55 Intro
01:26 Icebreaker Finance
06:23 The value of DeFi for miners?
11:21 Collateral clawback?
18:22 Bad lending terms
23:04 Interest rates and LTV
32:09 Scale of the lending
34:48 ASIC Loans
39:00 Blending loan collateral
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