Tag: Iris
Iris Energy (IREN) Is Poised to Become One of the Biggest Listed Bitcoin Miners With AI, HPC Optionality: Canaccord
Given that Iris Energy is primarily an infrastructure company, “we think management will be opportunistic in expanding the use case for its data cente [...]
Iris Energy (IREN) Has Committed Most of Childress Site to Expansion of Bitcoin (BTC) Mining: Bernstein
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OpenAI Founder’s Crypto Project Worldcoin Switches Orb Rewards Plan to Boost WLD Supply
“The WLD token was launched with a relatively low circulating supply of just above 100M WLD,” Worldcoin said in a Sunday post. “This was due to the go [...]
Iris Energy buys 248 Nvidia GPUs worth $10M for generative AI & Bitcoin mining
Nasdaq-listed Iris Energy has bought 248 state of the art Nvidia H100 GPUs for $10 million as it looks to explore opportunities in generative AI in ad [...]
Worldcoin struggles to find new users willing to scan iris for crypto
The controversial crypto project Worldcoin was launched for the public on July 24, making way for customers to scan their iris at designated locations [...]
I Had My Iris Scanned by the Worldcoin Orb, and It Wasn’t as Scary as I Expected
Part of the controversy around it is the use of biometric data, specifically iris scans, to do so. As someone who doesn’t even use FaceID on an iPhone [...]
Bitcoin Miner Iris Energy Revives High-Performance Computing Strategy Amid Booming Interest in AI
Given recent developments, "the time may be right to expand into this sector," using either Iris Energy's existing sites or the ones under constructio [...]
Iris Energy to nearly triple hashrate with estimated 44,000 new BTC miners
Australia-based Bitcoin (BTC) mining company, Iris Energy, revealed it will nearly triple its mining capacity with the addition of thousands of mining [...]
Crypto Miner Iris Energy Hit by Class Action Suit
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Iris Energy to cut mining hardware after defaulting on $108M loan
Australian Bitcoin mining firm Iris Energy is the latest to suffer from the squeeze of the crypto bear market, losing a significant chunk of its minin [...]
Bitcoin miner Iris Energy faces $103M default claim from creditors
According to a new filing with the U.S. Securities and Exchange Commission on Monday, Bitcoin (BTC) miner Iris Energy says it has received a default n [...]
Bitcoin Miner Iris Energy Faces Default Claim on $103M of Equipment Loans
The reason for the notice of default, which the lender sent to the miner on Nov. 4, is that the company failed to engage in "good faith restructuring [...]
Bitcoin Miner Iris Energy Defended at Compass Point After Equipment Financing Woes
Iris Energy said this week that some of its mining equipment aren't producing enough cash to meet its financing obligations.
www.coindesk.com [...]
Bitcoin Miner Iris Energy Says Some Machines Aren't Covering Financing Costs
The machines are owned owned by special purpose vehicles that aren't guaranteed by the parent company.
www.coindesk.com [...]
B. Riley may purchase up to $100M stake in Bitcoin miner Iris Energy
Australia-based crypto mining firm Iris Energy has signed a deal with B. Riley giving the capital market company the option to purchase up to 25 milli [...]