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 Will BTC Surge to $100K or Crash to $88K First? (Analysis) November 27, 2024 Bitcoin kicks off ‘Uptober’ eyeing 22.9% historical gains October 1, 2024 Coinbase Expands cbBTC to Solana, Boosting DeFi Options for Bitcoin Holders November 8, 2024