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2018-11-29 16:05:55

Canadian Bitcoin Miner Fortress Blockchain Reports $1.16M Loss in Q3

Fortress Blockchain’s net loss worsened to $1.16 million (1.55 million Canadian dollars) in the third quarter, from $202,000 in the preceding three-month period, as price pressure continues to mount in the global bitcoin mining industry. The Canadian company said depreciation of $291,600 and listing expenses of $293,700 wiped away mining earnings. Also read: Outrage Over Union Bank […]The post Canadian Bitcoin Miner Fortress Blockchain Reports $1.16M Loss in Q3 appeared first on Bitcoin News.