A $22.9 million capital deficit threatens to derail an energy firm’s pivot to off-grid Bitcoin mining
July output was worth roughly $1.16 million at Aug. 21 spot prices before unsettled hosting costs, as interest begins on $16 million of seller notes. The post A $22.9 million capital deficit threatens to derail an energy firm’s pivot to off-grid Bitcoin mining appeared first on CryptoSlate.
Coins in this story
Discussion
Related stories
Legendary Investor Ray Dalio Touts Bitcoin — With Gold — To Hedge Against Incoming Debt Crisis
Bitcoin Magazine Legendary Investor Ray Dalio Touts Bitcoin — With Gold — To Hedge Against Incoming Debt Crisis Bridgewater Associates founder Ray Dalio has said Bitcoin will do well with government money printing. This post Legendary Investor Ray Dalio Touts Bitcoin — With Gold — To Hedge Against Incoming Debt Crisis…
Bitget CEO sees Bitcoin near current levels at year-end, doubts US will buy BTC
Gracy Chen says macroeconomic uncertainty could keep Bitcoin within $10,000 to $20,000 of current levels, while US government purchases remain unlikely within the next two years.
Unresolved $11 million liquidity crash leaves pools exposed as attacker still holds 20.83 BTC on Maya Protocol
The suspected address has spent nothing, while Maya has not detailed who absorbs the wider repricing and arbitrage damage. The post Unresolved $11 million liquidity crash leaves pools exposed as attacker still holds 20.83 BTC on Maya Protocol appeared first on CryptoSlate.