Stable coin crash: why Iris Energy co-founder and bitcoin miner Dan Roberts welcomes 'creative destruction' in cryptocurrency - The Australian Financial Review

Iris Energy co-founder Dan Roberts says a brutal selloff of experimental crypto products could see a flight to more established assets such as bitcoin.

But Iris is at the start of what is planned to be a rapid ramp up in computing power, which is expressed in the bitcoin world as exahashes (EH/s) per second. In the March quarter, Iris had 0.8 EH/s, … [+3993 chars]

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