Big bitcoin miners about to go bankrupt: investors fear for their money

Miners like Core Scientific and Argo are feeling the impacts of falling cryptocurrency values . For now, they are waiting for a bailout to get them out of the crisis.

Cryptocurrency miners are beginning to suffer from the fall in the values ​​of the largest ones such as bitcoin and some have already declared bankruptcy.

Core Scientific and  Argo  are close to filing for “protection under Chapter 11 of the United States Bankruptcy Law.” Its destiny is set and it has frightened its small investors.