Analysis: publicly listed bitcoin mining companies collectively owe $4B+, led by bankrupt Core Scientific with $1.3B as of September 30 and Marathon with $851M (Jaran Mellerud/Hashrate Index)

[ad_1]

Jaran Mellerud / Hashrate Index:

Analysis: publicly listed bitcoin mining companies collectively owe $4B+, led by bankrupt Core Scientific with $1.3B as of September 30 and Marathon with $851M  —  The public bitcoin mining companies collectively owe more than $4 billion, and the biggest of them has already declared bankruptcy due to its unsustainable debt burden.