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Cryptocurrencies: 30342
Markets: 109844
Market Cap: $2,612,324,037,758     
24h Vol: $36,806,415,474
Cryptela — Cryptocurrency News and Market Intelligence
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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