Public Bitcoin Mining Companies Struggling with $4 Billion in Collective Debt
The Bitcoin mining community took on massive loans during the 2021 bull market, which negatively impacted its results during a subsequent bear market.
![Public bitcoin mining companies struggling with $4 billion in collective debt](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2022-12/e95def7c-304f-4ded-9a27-cdfc2d4dd2ba.jpg)
![Public Bitcoin Mining Companies Struggling with $4 Billion in Collective Debt](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvZTk1ZGVmN2MtMzA0Zi00ZGVkLTlhMjctY2RmYzJkNGRkMmJhLmpwZw==.jpg?#)
The Bitcoin mining community took on massive loans during the 2021 bull market, which negatively impacted its results during a subsequent bear market.
![Public bitcoin mining companies struggling with $4 billion in collective debt](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2022-12/e95def7c-304f-4ded-9a27-cdfc2d4dd2ba.jpg)
What's Your Reaction?
![like](https://vidianews.com/assets/img/reactions/like.png)
![dislike](https://vidianews.com/assets/img/reactions/dislike.png)
![love](https://vidianews.com/assets/img/reactions/love.png)
![funny](https://vidianews.com/assets/img/reactions/funny.png)
![angry](https://vidianews.com/assets/img/reactions/angry.png)
![sad](https://vidianews.com/assets/img/reactions/sad.png)
![wow](https://vidianews.com/assets/img/reactions/wow.png)