Green bitcoin miner crashes, takes Aussie billionaire with it

Green bitcoin miner Iris Energy saw its share price plummet after it admitted that it was unable to repay more than $107M to US creditors.
Green bitcoin miner Iris Energy saw its share price plummet after it admitted that it was unable to repay more than $107M to US creditors.
Bitcoin miners’ revenue is sitting at around $13.53 million every day but they’re being forced to sell more than they mine to cover costs.
If successful, the new Russian crypto bill would allow miners to sell mined tokens via foreign platforms and in Russia.