1 / 1 Relevant items tagged with #Iren

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Bitcoin miner profits drop as halving, power costs weigh — JPMorgan

[Aug 23 7:15 PM] BTC miners are struggling to adapt to a post-halving environment.

IREN tumbles after short seller calls miner ‘Prius at the Grand Prix’

[Jul 11 7:48 PM] Crypto miner IREN, formerly known as Iris Energy, fell 24% on the Nasdaq following a short-seller report.

Bitcoin Miners With Attractive Power Contracts Are Potential M&A Targets, JPMorgan Says

[Jun 5 11:22 AM] U.S. listed bitcoin miners draw up to 5 gigawatts of power and have access to an additional 2.5 GW, making them attractive potential takeover targets, the report said.

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

[Apr 30 8:07 AM] 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…

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

[Jan 23 1:30 PM] 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…

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

[Aug 31, 2023 11:30 AM] 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…

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