ASIC financing debt worsened Bitcoin miner’s liabilities in 2022: Report

ASIC financing debt worsened Bitcoin miner’s liabilities in 2022: Report

Upworthy

Published

Bitcoin miners faced difficulties paying off debt in 2022, particularly when they had high-interest equipment financing loans, according to a recent report by Hashrate Index. The report stated. “We estimate that there is between $2-4 billion worth of ASIC financing debt on private and public miner…

#hashrateindex #asic #btc #corescientific #computenorths #argoblockchain #helios #galaxydigital #bitcoin #northerndata

Full Article