Canadian Bitcoin Mining Firm Files for Bankruptcy

Canadian Bitcoin Mining Firm Files for Bankruptcy – ChainBulletin

Cryptocurrency mining and AI processing data company Great North Data has filed for bankruptcy due to insolvency, the Canadian Broadcasting Corporation (CBC) reported on 4 December. According to the report, Great North Data filed its bankruptcy documents late last month, saying that it had only CA$4.6 million (around $3.5 million USD) in assets, while owing creditors CA$13.2 million ($10 million USD).