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Binance Announces Support for IRISnet (IRIS) Network Upgrade
Binance has revealed its plans to support the upcoming network upgrade of IRISnet (IRIS).
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Iris Energy to eliminate mining equipment following $108M loan default
Iris Energy reduced mining power by 3.6 EH/s. On Nov. 21, it disconnected equipment used as collateral for a $107.8 million loan. The corporation just got a $103 million default notice. High hash rates, high energy costs, and poor pricing threaten Bitcoin miners.