Bitcoin mining company from Labrador files for bankruptcy

Bitcoin mining company from Labrador files for bankruptcy | Cryptopolitan

A Labrador-based Bitcoin mining company, Great North Data that secured massive unprotected loans from several Canadian government entities has gone belly up. Great North Data (GND) boasted of strategically setting up its high-density storage and data hosting operations for Bitcoin and blockchain technology in a jurisdiction with subsidized electricity dates, an excessively cold climate and a mining-friendly environment.