Bitcoin (BTC) miner Iris Energy has announced that it has received a default notice from its lender, which owes $103 million in debt.
Iris Energy 7 November on to the US Securities and Exchange Commission (SEC) mining equipment manufacturer to Bitmain Technologies due to not participating in the restructuring negotiations on the debt notice of default He said he got it.
According to the statements of the Australian-based company, 0.2 exahashper second 1.6 exahash and per second 2.0 exahash against debts of three producing facilities mortgage under but per second 2.4 exahash producing of the main facility, data center capacity, and development pipeline. stated that it was not affected by the default. Also, the company $53 million in reserves It is also known to have
Last week, Iris Energy announced that its creditors will be able to cancel their loans if they fail to pay for their loan due on November 8th. right of recall He stated that for this reason, he faced the risk of default. The company claimed that the costs of its two facilities exceeded its Bitcoin earnings. working at a loss had reported.