Cryptocurrency miner Main Scientific Inc., a person of the world’s largest bitcoin miners, stated Thursday that it may perhaps look for individual bankruptcy security as it contends with the extended slump in bitcoin selling prices coupled with an maximize in electrical energy expenses.
The organization is also in litigation with crypto financial institution Celsius Network LLC, and alleges that Celsius has refused to pay back its bills due to the fact it filed for chapter 11 itself, threatening Main Scientific’s individual economic health.
Cryptocurrency miner Main Scientific Inc., a person of the world’s largest bitcoin miners, stated Thursday that it may perhaps look for individual bankruptcy security as it contends with the extended slump in bitcoin selling prices coupled with an maximize in electrical energy expenses.
The organization is also in litigation with crypto financial institution Celsius Network LLC, and alleges that Celsius has refused to pay back its bills due to the fact it filed for chapter 11 itself, threatening Main Scientific’s individual economic health.