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… 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.