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Crypto Crash Pulls Bitcoin-Mining Host Compute North Into Bankruptcy
- linkweb3
- 2022-09-23
- 4420
- Newsletter
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Summary:Compute North Holdings, a data-center owner that houses bitcoin-mining rigs and blockchain companies, filed for bankruptcy protection after succumbing to a liquidity crisis driven by the collapse in cryptocurrency prices, rising costs for electricity and supply-chain issues.
Compute North Holdings, a data-center owner that houses bitcoin-mining rigs and blockchain companies, filed for bankruptcy protection after succumbing to a liquidity crisis driven by the collapse in cryptocurrency prices, rising costs for electricity and supply-chain issues.
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