Bitcoin (BTC) $62,612.78 2.52%
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Tether (USDT) $1.00 -0.01%
Solana (SOL) 65.395257 1.69%
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Dogecoin (DOGE) $0.00 -2.88%

Cryptocurrencies: 29079

Markets: 113716

Market Cap: $2,150,884,097,085

24h Vol: $82,278,111,578

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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