The machines which are worth an estimated $65-$70m today, were originally purchased via loan for $103m.
The company does not currently expect to make payment on November 8th, meaning that up to 3.6 EH/s could hit the market, approximately 1.5% of global hash rate. pic.twitter.com/ZWn54PPEhP
— Dylan LeClair 🟠(@DylanLeClair_) November 2, 2022
Anyways, here’s the link to the full newswire release.t.co/iucX5Yz5HN
— Dylan LeClair 🟠(@DylanLeClair_) November 2, 2022
h/t Dirt-Purple