Iris Energy


Finance

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.

Riot Platforms’ acquisition of Block Mining makes sense, JPMorgan says. (Sandali Handagama)

Finance

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 (Image credit: Eliza Gkritsi/CoinDesk)

Videos

Iris Energy Exec: Celsius CEO 'Gaslighting' Network Community

Iris Energy Board of Directors Mike Alfred discusses the red flags he spotted with Celsius before its implosion and reacts to CEO Alex Mashinsky's statement on the crypto lender's bankruptcy filing to the Celsius community, saying "it's gaslighting."

Recent Videos

Finance

Bitcoin Miner Iris Energy Reiterates Hashrate View; Revenue Misses Estimates

The miner’s adjusted EBITDA margin slipped to 48% in the fiscal third quarter versus 72% in the prior quarter and 57% a year ago.

Cryptocurrency mining rigs sit on racks. (James MacDonald/Bloomberg via Getty Images)

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