InsolventMining infrastructureBitcoin2012–2018
Giga Watt
Its token offering promised access to mining power infrastructure
A Washington mining operator offering equipment hosting and electrical capacity.
- Capital raised (announced)
- Estimated
Funding
| Round | Date | Announced | Investors |
|---|---|---|---|
| Initial coin offering | 2017 | Not disclosed |
Announced is what was said at the time. Cash actually received is rarely disclosed and is not assumed to match.
People
| Name | Role | Period | Now | Last checked |
|---|---|---|---|---|
| Dave Carlson | — | Not established | Oct 2026 |
How it ended
CoinDesk reported that Giga Watt filed for Chapter 11, citing shareholder minutes that said the company was insolvent and unable to pay debts when due.
Still alive
Open spot
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Sources
2 sources behind this page.
- 1Bitcoin mining firm Giga Watt declares bankruptcy · CoinDesk · Nov 2018
- 2Crypto mining firm Giga Watt files for bankruptcy · Cointelegraph via Yahoo Finance · Nov 2018
Every figure above is clickable and opens the sources behind it. Copies were stored when each source was read, so a citation still resolves after the page it came from is gone.