Recent weakness in bitcoin mining stocks ahead of the reward halving offers an attractive entry point for investors, the report said.
Iris Energy to double hash rate in 2024 with $22M Bitmain T21 mining rig order
Iris Energy will receive mining hardware orders from Bitmain in the first six months of 2024, taking its operational mining capacity above 10 EH/s.
Iris Energy to double hash rate in 2024 with $22M Bitmain T21 mining rig order
Iris Energy will receive mining hardware orders from Bitmain in the first six months of 2024, taking its operational mining capacity above 10 EH/s.
Iris Energy to double hash rate in 2024 with $22M Bitmain T21 mining rig order
Iris Energy will receive mining hardware orders from Bitmain in the first six months of 2024, taking its operational mining capacity above 10 EH/s.
Bitcoin Mining Industry Is at a ‘Crucible Moment,’ JPMorgan Says
The bank initiates research coverage of CleanSpark (top pick), Marathon Digital, Riot Platforms and Cipher Mining.
Iris Energy buys 248 Nvidia GPUs worth $10M for generative AI & Bitcoin mining
Iris Energy has invested $10 million in the latest generation Nvidia GPUs to explore generative AI while it continues to focus on Bitcoin mining.
Bitcoin Miner Iris Energy Revives High-Performance Computing Strategy Amid Booming Interest in AI
Miners are increasingly looking to fill data center space with AI and cloud computing.
Iris Energy to nearly triple hash rate with estimated 44,000 new BTC miners
With the tough conditions that faced Bitcoin miners last year, Iris’ co-founder said the purchase was a “significant milestone” for the company.
Iris Energy to cut mining hardware after defaulting on $108M loan
The Australian mining firm has had to unplug hardware that was producing “insufficient cash flow” to service its “debt financing obligations.”
Bitcoin miner Iris Energy faces $103M default claim from creditors
The company is facing a cash flow crisis due to tough market conditions.
B. Riley may purchase up to $100M stake in Bitcoin miner Iris Energy
Iris Energy’s filing suggested the company planned to use proceeds from the sale to fund growth initiatives including purchasing mining hardware and developing data centers.
Australia-based crypto miner doubles hash rate after energizing Canadian rigs
Daniel Roberts, Iris Energy co-founder, said the firm had energized the facility on time “despite the current market backdrop and ongoing international supply chain challenges.”
Crypto founders top young Australian rich list
Seven of Australia’s 87 richest entrepreneurs aged 40 and under are crypto founders, according to the Australian Financial Review.