Post APL75MyapO33M2I0GG by realcainmosni@mastodon.me.uk
 (DIR) More posts by realcainmosni@mastodon.me.uk
 (DIR) Post #APCNSmZskGCaYYSVxw by web3isgreat@indieweb.social
       2022-11-02T16:21:44Z
       
       0 likes, 0 repeats
       
       Iris Energy Bitcoin mining firm close to defaulting on loans of $103 millionNovember 2, 2022https://web3isgoinggreat.com/?id=iris-energy-bitcoin-mining-firm-close-to-defaulting-on-loans-of-103-million
       
 (DIR) Post #APCW1rGY6cNurheVkG by tasket@mastodon.social
       2022-11-02T16:51:17Z
       
       0 likes, 0 repeats
       
       @web3isgreat One case where #greenwashing is not profitable.
       
 (DIR) Post #APD50gjdGqaSJIQwHA by BRUTUSUNIX@social.linux.pizza
       2022-11-03T00:32:14Z
       
       0 likes, 0 repeats
       
       @web3isgreat company they bought equipment from made a killing... lol
       
 (DIR) Post #APHZYrFaSJ3o1gQfRY by Aphrodite@chaos.social
       2022-11-05T04:33:29Z
       
       0 likes, 0 repeats
       
       @web3isgreat oh no
       
 (DIR) Post #APL46YOxXDOxDTUkwy by hittitezombie@mastodon.me.uk
       2022-11-06T20:55:00Z
       
       0 likes, 0 repeats
       
       @web3isgreat aaand nothing of value was lost!
       
 (DIR) Post #APL75MyapO33M2I0GG by realcainmosni@mastodon.me.uk
       2022-11-06T21:25:48Z
       
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       And therein lies the con of mining rigs. 6 months after purchase they are superceded and outstripped by the next generation. The ONLY people making real money out of crypto mining are the rig manufacturers and shady miners stealing their energy.https://indieweb.social/@web3isgreat/109275126436203872