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September 28, 2020
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Example of withdrawal of mining business with half-life of Bitcoin: publicly traded company filed for bankruptcy


Withdrawal of mining business with half-life of Bitcoin With the half-life of Bitcoin, some mining companies have withdrawn. Toronto-based HyperBlock Inc., a publicly traded company, has announced that it will close a large cryptocurrency mining facility in Missoula, Montana, and begin bankruptcy proceedings. The company operated a 20-megawatt data center in Missoula, but due to the deterioration in profitability due to the half-life, it will stop mining operations related to all virtual currencies such as Bitcoin. The half-life reached on the 11th in the U.S. time, so the mining reward that we had earned significantly …

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