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International Bitcoin miners vanish after stacking up $1.5M debt in Sweden

Wednesday, November 14, 2018 by Piyush Suthar | Comments

Home News Tech International Bitcoin miners vanish after stacking up $1.5M debt in Sweden

Sweden‘s northernmost county opened its arms to two cryptocurrency mining firms earlier this year – but it might now be regretting the decision. The county of Norrbotten, Sweden is playing host to a cryptocurrency mining mystery. Two cryptocurrency mining operations have shut up shop and disappeared, leaving only unpaid bills behind, local news outlet Sveriges Radio reports. One of them, Miami-based mining firm NGDC, had set up its operations to begin mining Bitcoin. However, the business shut its doors in Autumn as its electricity supply had been turned off due to unpaid bills, totaling over $1.5 million. The NGDC’s energy…

This story continues at The Next Web

Or just read more coverage about: Bitcoin

Authored by Piyush Suthar
Pro Blogger


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