News Roundup: Difficulty, Debt Negotiations, NYDIG Layoffs, Stratum v2 | Matt Krimmell | The Mining Pod
The Mining Pod | Blockspace Media
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Is There a Contagion Effect of the Mining Space?
There could be a contagion effect of all of these difficult conditions for miners as far as how much cash flows they're generating on an ongoing basis. Hosting providers may also get hurt because of the miners aren't be able to fulfill all their payments in their agreements. There's also rising electricity prices. So if they had bad contract deals, they could be hurt on that end too,. i.e. Chapter 11 filing by Compute North two weeks ago.
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