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Posted on by BitcoinGuide.com

BlockFi bitcoin miner loans default risk: Strategy under pressure as slumping BTC price …

BlockFi bitcoin miner loans default risk: Strategy under pressure as slumping BTC price threatens mining sector

Core Scientific, the largest bitcoin ( BTC) miner by computing power, has announced it is ready to go through bankruptcy proceedings with its creditors and has halted debt payments. Core Scientific has an $80m (£69m) loan from crypto bank BlockFi, reported.








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