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 price holds $26K as MKR, AAVE, RUNE and RNDR flash bullish signals September 17, 2023 How Long to Hold Bitcoin? This Miner Didn’t Sell for 13 Years and Profited Millions August 10, 2023 Bitcoin due new ‘big rally’ as RSI copies 2018 bear market recovery January 21, 2023