GigaWatt shuts down

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An interesting concept based on a sort of decentralised mining model, where users bought the hardware but it was located in a central facility.

Unfortunately the enterprise has died and their coins will be worth very little if anything.

https://www.ccn.com/giga-watt-bitcoin-mining-company-finally-shutting-down-amid-unpaid-power-bills-and-bankruptcy-hearings-token-to-be-worthless/