Washington-based and now defunct company Alydian (a CoinLab project) is seeking to take offers on 36 mining rigs in three data centers they were hoping to use in their operation before things went south.
The company went out of business due to excessive debts, which is estimated to be in the neighborhood of $4 million. When bitcoin mining difficulty went up, the company found itself struggling — dealing with equipment less powerful than that of competitors.
Alydian officials haven’t said what they’re looking to sell for, but according to the Wall Street Journal, was told that they “may be sold for a minimum bid” of $2,000 per terahash, with 200 terahash up for grabs.
The company is reported to have mined just over 3,000 bitcoins with their rigs — not nearly enough to satisfy customer demand.
Papers filed at the United States Bankruptcy Court in Seattle, Washington requested that a judge allow until Jnuary 8th for offers on the equipment.