Bitcoin miners earn BTC. So why is so much miner debt still denominated in dollars?
That currency mismatch is one of the most important but under-discussed risks in miner financing.
In this conversation, Richard Green, VP of Institutional at
@RootstockLabs, sits down with
@btsf_1, founder and CEO of BTSF, to discuss miner financing, BTC-denominated credit, native yield, and why productive lending matters for Bitcoin.
They cover:
• Why miners are difficult to finance
• Why earning BTC and borrowing USD creates additional risk
• Why small and mid-sized miners matter for Bitcoin decentralization
• What BTC-denominated credit could unlock
• Why real Bitcoin yield comes from productive lending, not financial engineering