“A federal bankruptcy judge has approved the auction of nearly all of HashFast’s remaining assets, putting the company out of business for good. According to court records, HashFast owes over $40 million to creditors primarily in the United States, but also to some customers in Europe, Russia, India, New Zealand, Australia, and Canada. Last Wednesday, US Bankruptcy Judge Dennis Montali granted the company’s request to sell thousands of its chips, wafers, mining boards, cooling fans, and older models of its miners. HashFast’s execution problems appear to be endemic to many of its rivals, including Butterfly Labs and venture-backed CoinTerra.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Helpful Hackers vs. College Regulators
Chrome hack lets websites keep listening after you close the tab
MassGOP Chair Bob Maginn and former Congressmen could face jailtime for political and financial corr...
Barry Cooper: Watch Kops Murder Marine--No Pot Found
Why Your Offshore Dream Home Might Be Illegal
Americans Are The Most Spied On People In World History
Poland Confiscates Half Of Private Pensions To "Cut" Sovereign Debt Load
Insurance Premiums Surging as Obamacare Kicks In
UN Shoe Drops on Internet Terror
Sure, You Can Steal Bitcoins. But Good Luck Laundering Them
SWAT Officers Dragged 10-Year-Old from Bathtub, Stood Him Naked Next to Sister, Terrorized Family
Warrantless Window-Smashing Weapon Search At U.S. Border Patrol Internal Checkpoint
New York State Black Market in Cigarettes Booming
‘Hotel Hell’ manager now a Guantanamo prison supervisor
Maybe This Is Why We Now Have a Serial-Bubble Economy