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 Bitcoin, Ethereum Break Out With Rising Buying Pressure March 28, 2022 Max Keiser Blasts Trump’s $2B Bitcoin Play: ‘He’s Front Running Americans’ July 22, 2025 Bitcoin Hashprice Hits Record Low as Miners Grapple With Shrinking Margins November 19, 2025