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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)
The crypto influencer and model’s fan club DAO is guided by its core values “Simplicity, Integrity, Meaning, and Purpose,” or SIMP.
Australian Bitcoin miner Iris Energy applies for IPO on the Nasdaq. The stock code is "IREN". Reportedly, $100 million has been raised. (Read More)
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 […]
The post Australian Bitcoin miner Iris sets 20 EH/s hash rate target as US mining falters appeared first on CryptoSlate.
While both Hut 8 and Irish Energy expanded operations, they reported contrasting results in Bitcoin production efficiency.
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