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Ethereum (ETH) $2,477.12 -6.16%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 150.885794 -2.18%
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Cryptocurrencies: 26307

Markets: 103788

Market Cap: $3,243,668,241,616

24h Vol: $147,397,847,100

Bitcoinist

2023-02-03 18:16:04

This Bankrupt Crypto Firm Returns 27,000 Mining Rigs To Pay Off Loan

This Bankrupt Crypto Firm Returns 27,000 Mining Rigs To Pay Off Loan

During the 2021 crypto bull, lenders issued over $4 billion in loans collateralized by Bitcoin mining hardware. These financial instruments backfired on BTC mining companies as the sector trended to the downside, and they defaulted on their loans. Related Reading: Shiba Inu: Voyager Transfers 270 Billion SHIB – Should Investors Be Worried? According to a

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