Iris Energy to cut mining hardware after defaulting on $108M loan Post author:MiamiCrypto Post published:November 22, 2022 Post category:Bitcoin / BTC / Hash Rate / Iris Energy / Miners / Mining The Australian mining firm has had to unplug hardware that was producing “insufficient cash flow” to service its “debt financing obligations.” You Might Also Like Sink or swim at $27K? 5 things to know in Bitcoin this week May 15, 2023 Crypto Community Discusses Warfare in Ukraine, Importance of Crypto, and the Future of Bitcoin February 24, 2022 Bitcoin ‘ready’ for $32.8K after consolidation as BTC price gains 6.3% May 30, 2022
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