A $22.9 million capital deficit threatens to derail an energy firm’s pivot to off-grid Bitcoin mining
July output was worth roughly $1.16 million at Aug. 21 spot prices before unsettled hosting costs, as interest begins on $16 million of seller notes. The post A $22.9 million capital deficit threatens to derail an energy firm’s pivot to off-grid Bitcoin mining appeared first on CryptoSlate.
Key Takeaways
- July output was worth roughly $1.16 million at Aug.
- 21 spot prices before unsettled hosting costs, as interest begins on $16 million of seller notes.
- The post A $22.9 million capital deficit threatens to derail an energy firm’s pivot to off-grid Bitcoin mining appeared first on CryptoSlate.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in DeFi
Hashdex Liquidates DEFI As First US Spot Bitcoin ETF Closure Arrives
Hashdex Liquidates DEFI As First US Spot Bitcoin ETF Closure Arrives - Read the full analysis.
The latest $1.61 billion crypto ETF surge risks grinding to a halt against a 30-year US Treasury yield spike
Four days of fund inflows now face a $183 billion Treasury auction window that can test the rally’s staying power. The post The latest $1.61 billion crypto ETF surge risks grinding to a halt against a 30-year US Treasury yield spike appeared first on…
BTCS Repays $8.2M Aave Debt As Ethereum Balance Sheet Strategy Shifts
BTCS Repays $8.2M Aave Debt As Ethereum Balance Sheet Strategy Shifts - Read the full analysis.