Bitcoin miner IREN ventures into AI with GPU pilot and Morgan Stanleys guidance

Bitcoin miner IREN (formerly known as Iris Energy) is the latest crypto mining company looking to profit from the artificial intelligence market boom, according to its July 23 Analyst & Investor Day presentation. The planned presentation shows that the firm will launch a GPU pilot at its Childress site in Prince George. This follows the […]

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Iris Energy to eliminate mining equipment following $108M loan default

Iris Energy reduced mining power by 3.6 EH/s. On Nov. 21, it disconnected equipment used as collateral for a $107.8 million loan. The corporation just got a $103 million default notice. High hash rates, high energy costs, and poor pricing threaten Bitcoin miners. (Read More)

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IreneDAO NFTs causing a stir on crypto Twitter

The crypto influencer and model’s fan club DAO is guided by its core values “Simplicity, Integrity, Meaning, and Purpose,” or SIMP.

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An Instagram Model Launched a DAO to Build Web3 Social Media

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The First Crypto Miner ETF Unveils in Australia

Australian Bitcoin miner Iris Energy applies for IPO on the Nasdaq. The stock code is "IREN". Reportedly, $100 million has been raised. (Read More)

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Australian Bitcoin miner Iris sets 20 EH/s hash rate target as US mining falters

Australian Bitcoin mining company Iris Energy has outlined ambitious plans to ramp up its hash rate to 20 exahashes per second (EH/s) by the latter part of this year, as detailed in a Feb. 7 update. To achieve this significant milestone, Iris agreed with Bitmain to secure 10 EH/s of new T21 miners at a […]

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Bitcoin miners show mixed performance in September amid market volatility

While both Hut 8 and Irish Energy expanded operations, they reported contrasting results in Bitcoin production efficiency.

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