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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 reach 10 EH/s in the coming…

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

2 Lenders Claim Bitcoin Miner Iris Energy Defaulted on Equipment Loans Worth $103 Million

Another bitcoin mining company is dealing with financial issues as Iris Energy’s Form 6-K filing with the U.S. Securities and Exchange Commission (SEC) shows the company could face default on…

Continue Reading2 Lenders Claim Bitcoin Miner Iris Energy Defaulted on Equipment Loans Worth $103 Million