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Great North Data, a firm that ran bitcoin mining and AI processing data centers in Canada, has filed for bankruptcy. According to bankruptcy filings late in November, the firm has just 4.6 million Canadian dollars (US$3.5 million) in assets, but owes creditors CA$13.2 million (US$10 million), CBC News reported Wednesday. Having run centers in Labrador […]
via CoinDesk https://www.coindesk.com/canadian-government-assisted-bitcoin-miner-files-for-bankruptcy-owing-millions
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