Bitcoin mining company Aquifer LLC has filed for chapter 11 protection, CoinDesk.com reported today. The company claimed between $1 and $10 million in assets, as well as between $1 and $10 million in outstanding liabilities. Aquifer said in court documents that it expects to have enough funds on hand to repay unsecured creditors. Aquifer is the second U.S.-based bitcoin mining company to file for bankruptcy in 2015. Last month, CoinTerra filed for chapter 7 bankruptcy amid a deterioration of its finances and a lawsuit filed by C7 Data Centers of Utah.
