Bitcoin dividends possible, according to Iren CEO
Ever heard of Bitcoin dividends? Well, according to Iren co-chief executive Dan Roberts, it might just become a reality. The Nasdaq-listed bitcoin miner is looking into ways to distribute bitcoin to its shareholders as a form of cryptocurrency dividend.
Iren, founded by brothers and former Macquarie executives Dan and Will Roberts, is in the business of creating new bitcoins through a process called mining. This involves using specialized computers to solve complex math problems in an energy-intensive process.
It’s an interesting development in the world of cryptocurrency, and it will be exciting to see if Iren is able to make Bitcoin dividends a reality for its shareholders. Stay tuned for more updates on this intriguing possibility.
Technology reporter, Tess Bennett, is keeping a close eye on this story for The Australian Financial Review. Stay connected with Tess on Twitter for the latest tech news and updates.