Lonelypumpkins on Nostr: Apparently Swan is canning some high level employees, including Sam Callahan, and ...

Apparently Swan is canning some high level employees, including Sam Callahan, and backing away from their mining ventures.

They haven't been involved with mining for that long...they bit off more than they can chew I'm sure.

Cory spinning layoffs and divestment as an "incredible moment".

They learned what a brutally competitive industry mining is. Halving was 3 months ago, and they've been getting squeezed harder and harder since...