Another Bitcoin Miner Eats Dust, Files for Bankruptcy

Bitcoin mining company Aquifer LLC became the latest victim of falling BTC prices.
The privately-funded Californian company recently filed for bankruptcy protection after allegedly facing losses in its Bitcoin mining services. In its filling to the US court, Aquifer mentioned its outstanding liabilities to be hovering between $1m and $10m, so do their assets’ value. The number of creditors meanwhile were declared to be less than 49.

This post was published at NewsBTC on Feb 25, 2015.