Bankrupt crypto lender BlockFi given court permission for sale of nearly 6.4K mining rigs. egreechee reports
, in part due to ripple effects from the collapse of crypto exchange FTX. In addition to financing bitcoin miners, BlockFi also had some self-mining operations.
The majority of the 6,376 mining rigs BlockFi sold to U.S. Farms & Mining are Bitmain Antminers, according to a previous filing. They are spread across the U.S. – Texas, Georgia, Kentucky and North Dakota – as well as Norway. About 400 of the machines had come into BlockFi's possession trough foreclosure.
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