Major Bitcoin miner faces bankruptcy as CEO put under house arrest

Bitcoin miners globally are facing increasing challenges to stay afloat in their business. The whole Bitcoin-halving gambit and the volatility of crypto as a whole, thanks to geopolitical tensions, are making many miners move away from the business to something more sustainable, like artificial intelligence. They have the machines, they have the power, so why not pivot? One Bitcoin miner is facing an even bigger trouble, like a double-edged sword: bankruptcy and leadership turmoil. Related: What is Bitc ...