Hydro-powered bitcoin miner lures institutional investors ahead of IPO

Iris Energy's use of Canadian dams makes it attractive to ESG investors

Growing momentum to clean up the energy-intensive practice of mining cryptocurrencies is starting to attract institutional investment. A hydro-powered Canadian mining operation is about to get a big injection from Australian investors to fund an ambitious expansion that would repatriate a piece of the bitcoin network’s computing power to rural British C…

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