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1 sat \ 1 reply \ @nerd2ninja 5 Jul 2022
Happens every bear market. Mining ops always ramp way up during the hype cycle and then declare bankruptcy during the bear market. There's a lot of really long term players that don't care though because they how the game goes.
During 2018 I saw a youtube video about a guy who had to sell off a whole warehouse and declare bankruptcy. Kinda sad to watch.
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15 sats \ 0 replies \ @tbonesteaks OP 5 Jul 2022
Ah ok. Sort of normal business cycle problems. Some businesses are prepared and weather the storm, some are too leveraged and go under, and some are maybe in between and get lucky or unlucky.
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0 sats \ 0 replies \ @selfish_gene 5 Jul 2022
нет... все оплачено на 6-12 месяцев вперёд. так что майнеры стал умнее.
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0 sats \ 2 replies \ @tbonesteaks OP 5 Jul 2022
Anyone know if this is true? Any miners on here that can chime in?
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1 sat \ 0 replies \ @nerd2ninja 5 Jul 2022
https://cryptoslate.com/bitcoin-mining-company-compass-mining-loses-facility-for-not-paying-electricity-bill/
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0 sats \ 0 replies \ @selfish_gene 5 Jul 2022
все продали на 66к оплатили на 9 месяцев электричество. теперь до февраля.
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