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Bit Farms Mining Firm Is Straddled with Tons of Debt

Canadian crypto mining firm Bit Farms is swamped with high-interest debt. How Will Bit Farms Pay Everything Off? The company has been struggling to pay off much of what it owes. Straddled with declining revenue, the company is scheduled to pay more than $20 million by the time 2021 rings in, which means the venture could be in a heap of trouble. The mining industry has been treated very poorly over the past several months largely due to the coronavirus pandemic that has been spreading across the globe. Many mining firms have been forced to shut their doors either permanently…

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