Iris Energy

bitcoin miner (Shutterstock)
Bitcoin Miner CleanSpark Cut to Neutral, Riot Platforms Upgraded to Neutral: JPMorgan
The four-year block reward revenue opportunity is about $31 billion at current bitcoin prices, the report said.
bitcoin miner (Shutterstock)

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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.
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New and old bitcoin mining rigs at CleanSpark's site in Georgia.
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.
New and old bitcoin mining rigs at CleanSpark's site in Georgia.

Bitcoin mining rigs (Christie Harkin/CoinDesk)
Class-Action Suit Against Crypto Miner Iris Energy Quickly Withdrawn
The lawsuit, filed in the District Court for the District of New Jersey, was withdrawn a day after it was filed.
Bitcoin mining rigs (Christie Harkin/CoinDesk)

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Bitcoin Miner Iris Energy Faces Default Claim on $103M of Equipment Loans
The company has said it will default on the debt Tuesday unless it can reach a restructuring agreement with its lender.
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Compass Point Analyst Defends Bitcoin Miner Iris Energy
Chase White says Iris should be able to renegotiate the terms of its debt or return its mining rigs to the lenders and buy new ones at a cheaper price.
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Fed Suggests Shift in Tightening Policy; Rogue Actor Disrupts Lightning Network With One Transaction
Fed Suggests Shift in Tightening Policy; Rogue Actor Disrupts Lightning Network With One Transaction
The U.S. Federal Reserve hinted a potential change in its monetary policy at its latest meeting Wednesday. Twitter user "Burak" (@brqgoo) allegedly created a non-standard Bitc...
Fed Suggests Shift in Tightening Policy; Rogue Actor Disrupts Lightning Network With One Transaction

Bitcoin mining machines (Shutterstock)
Bitcoin Miner Iris Energy Says Some Machines Aren't Covering Financing Costs
The company's shares fell almost 9% in early trading.
Bitcoin mining machines (Shutterstock)

Bitcoin miners (Sandali Handagama/CoinDesk)
Bitcoin Miner Iris Energy Signs Up to $100M Equity Deal With B. Riley
B. Riley previously signed a similar deal with Core Scientific in July, under which the miners have the rights but no obligations to sell the shares to the investment bank.
Bitcoin miners (Sandali Handagama/CoinDesk)

Bitcoin mining rigs (Eliza Gkritsi/CoinDesk)
Iris Energy Turns On 41 Megawatts of Bitcoin Mining Machines Ahead of Schedule
The company plans to add another 50 MW by the end of next month, bringing its total hashrate to 3.7 exahashes per second.
Bitcoin mining rigs (Eliza Gkritsi/CoinDesk)