Canadian Government-Assisted Bitcoin Miner Files for Bankruptcy Owing Millions

Date : 12/05/2019 @ 10:54AM
Source : CoinDesk
Stock : Bitcoin (BTCUSD)
Quote : 8740.50000000  151.00000000 (1.76%) @ 1:44PM

Canadian Government-Assisted Bitcoin Miner Files for Bankruptcy Owing Millions

Great North Data, a firm that ran bitcoin mining and AI processing data centers in Canada, has filed for bankruptcy. According to bankruptcy filings late in November, the firm has just 4.6 million Canadian dollars (US$3.5 million) in assets, but owes creditors CA$13.2 million (US$10 million), CBC News reported Wednesday. Having run centers in Labrador […] ...
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