Iris Energy Fails to Service $100 Million Loan, Cuts BTC Mining Hardware

Australian Bitcoin miner Iris Energy is set to lose 3.6 Exahashes/second of mining power after defaulting on a $108 million loan. The post Iris Energy Fails to Service $100 Million Loan, Cuts BTC Mining Hardware appeared first on BeInCrypto.

This article has been originally published at: https://beincrypto.com/iris-energy-fails-to-service-100-million-loan-cuts-btc-mining/