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Giga Watt, the US virtual currency mining giant, filed for bankruptcy: more than 20 times its liabilities

via:快科技     time:2018/11/22 21:08:11     readed:238

Washington-based Giga Watt, formerly Mega BigPower, started in 2012.MicrosoftSoftware Engineer Dave Carlson was founded, but in mid-August, Carlson quietly left Giga Watt's position.

Bitcoin and virtual money markets have suffered a series of setbacks recently. On November 14, the price of Bitcoin fell 11% to $5500, creating the lowest price of Bitcoin in 2018.

On Nov. 20, Bitcoin fell by more than 17% in 24 hours, and its price fell below $4,300. The price fell below the cost of mining machines. Small and medium-sized miners were on the verge of collapse.

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