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Cryptopolitan 2019-10-10 03:53:56

Court orders chapter 7 to Virginia Bitcoin mining company

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 restructuring to chapter 7 liquidation, a local news agency reports on Oct 09. Earlier this year, the company had filed for bankruptcy. From once successful Bitcoin mining company to now-defunct Last year, BCause grabbed a substantial backing of close to five hundred thousand dollars ($436,823) from

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