Maple Finance Launches $300 Million Bitcoin Miner Lending Fund, Oryen Network the Better Option?

Maple Finance has announced that they will be offering loans to Bitcoin miners who want to stay afloat in this bear market.

The cost of mining the cryptocurrency has skyrocketed, and energy prices have risen continuously. In addition to this, the value of Bitcoin itself is around 60% lower now than at the start of the year, meaning that some mining companies are currently making losses.

Those looking to wait out the downward trend will need a capital infusion, and Maple Finance has stepped up to provide this. However, offering a temporary respite from the bearish trend will be costly, with interest rates as high as 20% offered by lenders.

Sidney Powell, Co-Founder and CEO has said:

Crypto companies do not find it easy to receive loans using traditional banking methods, as these institutions sometimes do not look favorably on cryptocurrency-based companies.

Some see this as a smart play by the Maple Finance team, who will look to generate several million dollars from the scheme.

However, questions are beginning to emerge about the potential long-term sustainability of Bitcoin mining. With high expenses, low returns, and mining difficulties that are constantly increasing, there may be better options.

Oryen network could well be such a solution. With a fixed return of an incredible 90% APY delivered straight to the holding wallet address, investors can guarantee their profits for the long term, eliminating the worry of “increasing difficulties” or fluctuations in energy prices affecting profitability.

With an algorithm used to calculate the perfect rate of return to be both attractive and sustainable, the Oryen Network team can back up this percentage using a Risk-Free Value (RFV) wallet.

This wallet’s value is continuously increased through generated trading fees, which can be distributed at any time to support a base price of the ORY token. In addition, the team’s treasury is also promised to back up the token’s value, compared to a “double wall” of security.

All this is possible without investing in mining equipment or having concerns about profitability due to variable expenses. As a result, many are looking forward to the release of this platform, which is currently in its first phase of advance sale and probably be the lowest prices possible to achieve ORY.

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