With the value of next-gen Bitcoin mining rigs down an estimated 85%, some crypto lenders flooded with repossessed rigs are keeping them running for the income (David Pan/Bloomberg)

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David Pan / Bloomberg:
With the value of next-gen Bitcoin mining rigs down an estimated 85%, some crypto lenders flooded with repossessed rigs are keeping them running for the income  —  Crypto lenders have repossessed so many Bitcoin mining rigs they're resorting to plugging them in and extracting tokens themselves.

from Techmeme https://ift.tt/WycVhLi