IREN News and Press, Iris Energy Limited From 10/07/22

Iris Energy's ( NASDAQ: IREN ) bitcoin ( BTC-USD ) production was 325 in September , rising from 301 in August, it said Friday. That increase, though, was small compared with its hashrate due to rising mining difficulty. The difficulty of mining is a closely-watche...

Increased operating capacity to >3.7 EH/s Prince George (50MW) fully commissioned on schedule On track to achieve near-term operating capacity of 4.7 EH/s Deployment pathway to 6.0 EH/s SYDNEY, Australia, Oct. 07, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NA...

Summary CLSK has gained our trust as it kept its promise to achieve 3.2 EH/s capacity back when its capacity was only 0.35 EH/s in Dec 2020. Analysts claim that CLSK is undervalued based on market price to capacity ratio, but we found no such support after considering its expected...

Summary BITF's 2022Q2 positive OCF isn't a big deal, rather, its 2022Q2 OCF is actually negative, while BITF's 2021 OCF was positive all along. Some might argue depreciation cost (55% of BITF's cost of sales) isn't a real cash cost and can be ignored; we beg to differ. No Bitc...

Iris Energy ( NASDAQ: IREN ), a sustainable bitcoin ( BTC-USD ) miner, has met its near-term goal of increasing its operating capacity to exceed 3.7 exahash per second , it said on Tuesday. That followed the full energization of 1.4 EH/s at the company's Prince Georg...

Iris Energy Increases Operating Capacity to >3.7 EH/s Prince George (50MW) Fully Commissioned on Schedule Additional Near Term Expansion to 4.7 EH/s Deployment pathway to 6.0 EH/s SYDNEY, Australia, Sept. 27, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limi...

Summary Iris is among the most efficient producers of all public Bitcoin miners. The company is really ramping up EH/s through the second half of calendar year 2022. With quite a bit of cash on the balance sheet and treasury strategy that works well when Bitcoin's price is dec...

Iris Energy ( NASDAQ: IREN ) stock wrapped up Wednesday's session 5.2% higher after Compass Point upgraded the Australian bitcoin ( BTC-USD ) miner to Buy from Neutral, as its hash rate growth climbs ahead of schedule. While a number of other miners in the emerging...

Iris Energy Limited (IREN) Q4 2022 Earnings Conference Call September 13, 2022 05:00 PM ET Company Participants Lincoln Tan - Senior Manager, Corporate Finance Daniel Roberts - Co-Founder & Co-Chief Executive Officer Lindsay Ward - President Belinda Nucif...

The following slide deck was published by Iris Energy Limited in conjunction with their 2022 Q4 earnings call. For further details see: Iris Energy Limited 2022 Q4 - Results - Earnings Call Presentation