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Bitcoin miners should pay costs in depreciating currency — Ledn exec

Cointelegraph.com NewsBitcoin (BTC) mining firms should hold their mined Bitcoin and use it as collateral for fiat-denominated loans to pay operating expenses instead of selling BTC and losing the upside of an asset that miners expect to surge in price, according to John Glover, chief investment officer at Bitcoin lending firm Ledn.In an interview with Cointelegraph, Glover said that holding onto… 

​Bitcoin (BTC) mining firms should hold their mined Bitcoin and use it as collateral for fiat-denominated loans to pay operating expenses instead of selling BTC and losing the upside of an asset that miners expect to surge in price, according to John Glover, chief investment officer at Bitcoin lending firm Ledn.In an interview with Cointelegraph, Glover said that holding onto… 

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