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Old 06-17-2018, 04:34 PM
 
4,804 posts, read 1,351,350 times
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I guess this was when I was away and out of touch, so I missed this story. Thought I'd post it in case some here missed it, too.

He Fled a Prison in Iceland. Now Itís Good to Be Back.
By David Segal

It has been more than four months since thieves pulled off the biggest heist in the history of Iceland, and the police here still have no idea where the booty ó roughly $2 million worth of Bitcoin-mining computers ó is stashed.

https://www.nytimes.com/2018/05/04/b...oin-heist.html
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Old 06-17-2018, 07:58 PM
Status: "Career Changer" (set 1 day ago)
 
1,016 posts, read 288,332 times
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Mining rigs are being dumped by desperate miners who can't make profits with them. The market for used mining equipment is basically flooded by inventory.

$2M worth of more inventory will be probably sold, if they're lucky to get it, for about $200K. Most likely putting such a large amount on the market at once will crash the prices. Trying to sell it a little at a time won't work either, the prices are dropping like a rock.
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