NEWSBITCOIN - KnC Miner Sold to ‘Serious’ Swedish BuyerThe newly incorporated company, owned by Swedish entrepreneur Sten Oscarsson, focuses primarily on green data centers. It purchased the assets for an undisclosed amount.
Trustee Nils Åberg telling Bitcoin.com that “the only things left now is a few demands that must be filled.” He added:
"[Primarily] it’s about making sure the buyer can sign new deals with providers to […] operate the business. It’s about new contracts with suppliers for operations (power, internet and such). "
KnC Miner was just one of KnC Group’s seven subsidiaries to suddenly declare bankruptcy in May in a move which surprised the community. The company stated that block size halving and Chinese competition were the main factors behind the decision.
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https://news.bitcoin.com/knc-miner-sold-serious-swedish-buyer/
