• Written by: Lipika Deka
  • Sat, 25 Jun 2022
  •   Estonia

The extended price downturn of the world’s leading crypto asset Bitcoin has made miners’ life particularly difficult. Per Bloomberg’s report, rig owners are neck-deep in loans ranging up to a staggering $4 billion. A growing number of loans are now underwater, according to analysts, as many of the mining rigs lenders accepted as collateral have […]

Bitcoin Price Slump Lead to Miners’ Loan Piling Up By $4B