NEWS: 18 Trapped Underground After Bitcoin Mine Collapse

Cryptocurrency News and Public Mining Pools

NEWS: 18 Trapped Underground After Bitcoin Mine Collapse

NEWS: 18 Trapped Underground After Bitcoin Mine Collapse

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At 3:06 EST Thursday afternoon, support beams collapsed in the Bull Creek Bitcoin mine in West Virginia, trapping all 18 miners inside. With thousands of Bitcoins and millions of hashes believed to be in this mine, many are eager to save the miners and get the mine back in operation. We can validate, there are many rescue teams on site working to bale out the miners.

The Alameda Rescue team has asked for donations to help get the miners supplies and keep them from eating the bitcoin and hashes. They want everyone to know that every donation in bitcoin will be doubled and returned when the miners are freed.

The SEC has announced an investigation into the mine collapse. They claim the bitcoin CEO was rushing the crew to mine out hashes in order to achieve a new ATH in hash rate. "An ATH in hash rate was achieved, but at what cost?" asked Gary Gensler. The miners were allegedly forced to dig too greedily and too deep, without the time to install necessary support beams, or “nodes” as they are called. The CEO of Bitcoin strongly denies this claim. Whatever the cause, we are all hopeful that the Bitcoin miners will make it out safe along with all the bitcoins and hashes they were sent to mine.

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