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AMB Crypto 2023-02-01 13:30:38

Crypto-friendly bank ends loans backed by mining rigs: Details inside

BankProv will no longer provide loans secured by cryptocurrency mining rigs after writing off $47.9 million in loans. Mining rigs that secured loans have been forced to sell equipment during the several crypto crashes within the past two years. Crypto-friendly bank BankProv has announced that it will no longer provide loans secured by cryptocurrency mining

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