Bitcoin mining company Rhodium declares bankruptcy

Rhodium Enterprises, a Bitcoin mining company, has thrown in the towel, filing for Chapter 11 bankruptcy alongside six of its subsidiaries. According to the court papers, their debts fall somewhere between $50 million and $100 million, but their assets are worth somewhere between $100 million and $500 million.  Word has been going around for a […] source: https://www.cryptopolitan.com/rhodium-declares-bankruptcy/