Bitcoin (BTC) $64,556.38 0.72%
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Cryptocurrencies: 29128

Markets: 112748

Market Cap: $2,211,021,919,992

24h Vol: $70,648,309,957

CoinTelegraph

2022-11-22 04:08:44

Iris Energy to cut mining hardware after defaulting on $108M loan

Iris Energy to cut mining hardware after defaulting on $108M loan

The Australian mining firm has had to unplug hardware that was producing "insufficient cash flow" to service its "debt financing obligations."

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