Wu Blockchain (@WuBlockchain): BitRiver, one of Russia’s largest bitcoin miners, is facing potential bankruptcy after a court launched insolvency proceedings over unpaid debts. The…
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BitRiver, one of Russia’s largest bitcoin miners, is facing potential bankruptcy after a court launched insolvency proceedings over unpaid debts. The company has been hit by asset freezes, rising power debts, data center shutdowns, and management exits, while its founder Igor Runets has reportedly been placed under house arrest on tax charges. https://www.kommersant.ru/doc/8398061