bcause

Big investors are pouring $50M into a bitcoin mining startup, and they’re hoping its own mining chips and Texas energy will make it a new powerhouse (theblockcrypto.com) 10/15/2019 - 9:07am
A Digital Currency Group (DCG)-backed investment fund is making a pivot into the bitcoin mining business, and venture capitalists including Peter Thiel are committing $50 million to the newish venture that they deem worth $200 million. San Francisco-based Layer1 announced on Tuesday that it has raised the multi-million dollar Series A from Peter...
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Bitcoin mining firm BCause liquidates on court order: pleads bankruptcy | (cryptonewmedia.press) 10/11/2019 - 7:56pm
Crypto New Media Press A Bitcoin mining firm BCause is now subject to liquidation following court orders reported the Finance Magnets. Previously on Wednesday, The Virginian Plot reported that BCause Mining LLC filed for bankruptcy (Chapter 11) during April of this year. Following the bankruptcy, the federal court released an order allowing the...
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Bitcoin mining firm BCause liquidates on court order: pleads bankruptcy (bitcoinwarrior.net) 10/11/2019 - 11:48am
A Bitcoin mining firm BCause is now subject to liquidation following court orders reported the Finance Magnets. Previously on Wednesday, The Virginian Plot reported that BCause Mining LLC filed for ...
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Court orders chapter 7 to Virginia Bitcoin mining company | (cryptonewmedia.press) 10/11/2019 - 12:05am
Crypto New Media Press The Virginia Beach Bitcoin mining company called BCause Mining has been ordered to liquidate its holdings on Tuesday. What set out to be the most massive cryptocurrency mining operation in the United States has now become insolvent as a federal judge demanded the case involving BCause Mining LLC and BCause LLC to move from...
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Danger Looms Ahead for Investors as BCause Minning LLC is Ordered to Liquidate Assets (insidebitcoins.com) 10/10/2019 - 7:23am
Bitcoin mining firm BCause has been ordered to liquidate its assets, according to a report by The Vanguard Plot. Earlier in the year, the company has filed for Chapter 11 bankruptcy. Already, it seems the $500,000 grant given to the firm by Virginia Beach in 2018 was not enough to revive its fortunes. It’s quite remarkable how BCause Mining has...
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Court Orders Virginia Beach Bitcoin Mining Company to Liquidate (coinfo) 10/10/2019 - 4:13am
BCause Mining LLC, a Bitcoin (BTC) mining firm in Virginia Beach, United States was ordered by a federal judge to liquidate its assets and shut down operations, according to a report by local news publication, Pilot Online. The court order followed a bankruptcy claim filed by the company earlier this year even though it had received a larger chunk...
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US Court Orders Bitcoin Mining Firm BCause to Liquidate Its Assets (financemagnates.com) 10/10/2019 - 3:30am
Creditors are in line to receive $13.3 million from the firm.
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