The Mining Sweden website is back up and running again and Tommy has updated the news with this.


This was updated on the 12th July.

Hello,

As you all know the halving has occurred and as you probably also know KNC has closed down their operation in Sweden due to that it is not profitable to mine bitcoin in Sweden anymore. The cost is to high and if we would continue with the miners we would need to file for bankruptcy but since we closed down miners we don’t have any cost for them only to get the payouts that has been processed in your accounts.

These accumulated payouts will be paid in time to you as we can start generating income from other solutions to cover your accumulated payouts but from today there will be no more accumulations to any accounts.

I´m really sorry for this but Bitcoin mining is not easy and the high difficulty makes it impossible to continue running the mining operation. If you understand how mining works you will see this.

With regards
Tommy