Feel bad for the Swan Bitcoiners :/

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What happened?

nostr:note15s3g7cpds297hvn0wjq8ywqer3377289wth4dkrjazc5qflay9tqzpl5lw

Thanks for sharing. Sad news.

?

What happened?

Major layoffs at Swan today

Why? What happened to cause the layoffs?

I'm not sure on specifics, but i'm guessing that getting into the mining business proved to be too expensive. Its a difficult business model to make profitable.

Scrwams.... " Get your bitcoin off swan now!!!" Oh wait.... They do that for you.

I'm.sure all the people that lost their jobs will prosper within the community

Another rug?

Why?

I don’t even know what happened, but if you don’t have the keys you are not a bitcoiner.