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Iris Energy Slashes Bitcoin Mining Capacity Due to a Requested Loan

1 min read Original Link

Iris Energy – an Australian crypto mining company whose main purview is the operation of BTC mining sites in Canada running on renewable energy exclusively – has recently ceased mining in two subsidiaries.

Nevertheless, the firm still maintains that its business continues to be profitable.

  • Immediate Repayment of Loan Demanded
  • Business Still Profitable Despite Drop in Share Price

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