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2018-11-25 17:00:22

Bitcoin Pioneer Files For Bankruptcy

Washington State bitcoin mining pioneer GigaWatt filed for bankruptcy this week in a suspected bid to sell the company. The move follows the departure, in August, of the company’s co-founder, David Carlson. From Bedroom to World’s Biggest Bitcoin Mine Carlson started mining bitcoin as a hobby back in 2012 and saw the potential of cheap hydro-electric power in the state. A former Microsoft engineer, Carlson built the world’s largest bitcoin mine in an old furniture store in Wenatchee in 2013.Read MoreThe post Bitcoin Pioneer Files For Bankruptcy appeared first on Bitcoinist.com.