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Category IREN

Miners find holding unaffordable with peak Bitcoin production prices

Miners find holding unaffordable with peak Bitcoin production prices

Miners see diminishing returns from regular BTC production, but are still holding on to their operations, while trying to diversify revenue streams...
Oct, 08, 2024
4 min read
by CryptoPolitan
Bitcoin miner IREN ventures into AI with GPU pilot and Morgan Stanley’s guidance

Bitcoin miner IREN ventures into AI with GPU pilot and Morgan Stanley’s guidance

Bitcoin miner IREN (formerly known as Iris Energy) is the latest crypto mining company looking to profit from the artificial intelligence market bo...
Jul, 23, 2024
2 min read
by CryptoSlate
Bitcoin Miners With Attractive Power Contracts Are Potential M&A Targets, JPMorgan Says

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

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 targe...
Jun, 05, 2024
by CoinDesk
Iris Energy Boosts Hashrate to 9 EH/s Amid Declining Bitcoin Miner Earnings

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

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 rea...
Apr, 30, 2024
by Bitcoin News
Australian Bitcoin miner Iris sets 20 EH/s hash rate target as US mining falters

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...
Feb, 07, 2024
2 min read
by CryptoSlate