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Nalezeno "iris energy": 20

Bitcoin miner Marathon Digital to join S&P SmallCap 600, shares jump 18%

7.5.2024
Marathon Digital will officially be added to the index fund on May 8

Iris Energy Boosts Hashrate to 9 EH/s Amid Declining Bitcoin Miner Earnings

30.4.2024
This week, the Nasdaq-listed bitcoin miner Iris Energy Limited announced it has boosted its hashrate to 9 exahash per second (EH/s) and aims to reach 10 EH/s in the coming month. This development follows the network’s fourth halving and occurs amid a period when Bitcoin’s hashprice...

Bitcoin’s Outperformance Means Some of Expected Post-Halving Rally May Have Come Early: JPMorgan

17.4.2024
Recent weakness in bitcoin mining stocks ahead of the reward halving offers an attractive entry point for investors, the report said

Bitcoin Miner Iris Energy Inks AI Cloud Services Deal With Poolside AI

9.2.2024
The bitcoin mining corporation Iris Energy, listed on the Nasdaq, has declared its entry into a cloud services partnership with the artificial intelligence (AI) startup Poolside AI. The collaboration with Poolside comes after Iris acquired 248 Nvidia H100 graphics processing units (GPUs) for...

Iris Energy Boosts Bitcoin Mining Capacity to 6 EH/s, Eyes 20 EH/s Milestone by H2 2024

23.1.2024
According to an announcement from the publicly-listed bitcoin miner Iris Energy, the mining operation has increased its operating capacity to 6 exahash per second (EH/s) and expects an additional 4 EH/s to be online by the first half of 2024. Iris Boosts Mining Capacity to 6 EH/s Amidst IREN Share...

Iris Energy Acquires 7,000 Next-Gen T21 Bitcoin Miners in Deal With Bitmain

1.12.2023
The Australia-based and Nasdaq-listed Iris Energy recently announced the acquisition of 1.3 exahash per second (EH/s) capacity in Bitmain’s latest Antminer T21 models. This purchase boosts Iris Energy’s proprietary mining capacity to a notable 8.3 EH/s. Iris Energy Secures 1.3 EH/s...

Bitcoin Mining Industry Is at a ‘Crucible Moment,’ JPMorgan Says

11.10.2023
The bank initiates research coverage of CleanSpark (top pick), Marathon Digital, Riot Platforms and Cipher Mining

Bitcoin Miner Iris Energy Dives into Generative AI, Investing $10M in Nvidia GPUs Amidst Soaring Demand

31.8.2023
On August 29, the publicly traded bitcoin mining entity, Iris Energy, revealed its acquisition of 248 Nvidia H100 graphics processing units (GPUs) at a cost of $10 million. While the company emphasized that its primary focus remains on BTC mining, it views generative artificial intelligence (AI)...

Iris Energy buys 248 Nvidia GPUs worth $10M for generative AI & Bitcoin mining

29.8.2023
Iris Energy has invested $10 million in the latest generation Nvidia GPUs to explore generative AI while it continues to focus on Bitcoin mining

Bitcoin Miner Iris Energy Revives High-Performance Computing Strategy Amid Booming Interest in AI

20.6.2023
Miners are increasingly looking to fill data center space with AI and cloud computing

Iris Energy to nearly triple hashrate with estimated 44,000 new BTC miners

14.2.2023
With the tough conditions that faced Bitcoin miners last year, Iris’ co-founder said the purchase was a “significant milestone” for the company

Bitcoin Miner Greenidge Enters Non-Binding Debt Restructuring Deal With NYDIG

20.12.2022
The bitcoin mining operation Greenidge Generation Holdings Inc. has executed a restructuring deal with NYDIG, according to an announcement published on Tuesday. According to the non-binding term sheet agreement, NYDIG will obtain 2.8 exahash per second (EH/s) of Greenidge’s mining capacity...

Iris Energy to cut mining hardware after defaulting on $108M loan

22.11.2022
The Australian mining firm has had to unplug hardware that was producing "insufficient cash flow" to service its "debt financing obligations."

2 Lenders Claim Bitcoin Miner Iris Energy Defaulted on Equipment Loans Worth $103 Million

8.11.2022
Another bitcoin mining company is dealing with financial issues as Iris Energy’s Form 6-K filing with the U.S. Securities and Exchange Commission (SEC) shows the company could face default on two loans. Iris Energy’s Form 6-K filing explains to the SEC that the firm “received a notice from...

Bitcoin miner Iris Energy faces $103M default claim from creditors

7.11.2022
The company is facing a cash flow crisis due to tough market conditions

B Riley to Take $100 Million Equity Stake in Publicly Listed Bitcoin Miner Iris Energy

26.9.2022
Publicly traded sustainable Bitcoin (BTC) mining firm Iris Energy has signed a deal with investment bank B. Riley Financial per which the latter can buy up to $100 million in equity over the next two years. According to the filing with the US Securities and Exchange Commission (SEC), B. Riley...