Iris Energy

Iris Energy Acquires 7,000 Bitmain S21 Miners To Increase Self-Mining Capacity

Iris Energy has partnered with Bitmain to acquire 7,000 latest-generation Bitmain S21 miners. Shipping is scheduled for early 2024, increasing…

1 year ago

Iris Energy Expands High-Performance Computing Strategy

Iris Energy said that it is resurrecting its strategy of hosting high-performance computers alongside Bitcoin miners.

1 year ago

Iris Energy Increases Self-Mining Capacity To 5.5 EH/s After Buying 4.4 EH/s In Machines

Key Points: According to Iris Energy, $67 million of the remaining Bitmain prepayments were used to purchase 4.4 EH/s of…

2 years ago

Iris Energy Has $39 Million In Cash And No Debt In December

Key Points: Iris Energy released its operating results and business updates for December 2022. The company had $39 million in…

2 years ago

Bitcoin Miner Iris Energy Sued For Misleading IPO Documents

Bitcoin mining company Iris Energy faces a class-action lawsuit alleging that it issued a false and seriously misleading Declaration of…

2 years ago

Iris Energy Uses Inactive Miners As Collateral For A Loan Of Over $100 Million

Iris Energy has disconnected the bulk of its miners after receiving a notice of delinquency for debts totaling roughly $107.8…

2 years ago

Iris Energy Risk Of Default With $103 Million Of Equipment Loans

Iris Energy, a company that mines Bitcoins, has been accused of defaulting by its lender on equipment loans totaling $103…

2 years ago

Iris Energy Faces Default On $103 Million Of Debt

Iris Energy Limited, a Bitcoin mining data center operator, may soon be in default on more than $100 million in…

2 years ago

Bitcoin Miner Iris Energy Boosts Organic Expansion After Raising Capital

Bitcoin miner Iris Energy considering possible mergers and acquisitions opportunities as the firm plots its growth plans. Other alternatives include…

2 years ago

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