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

Operating guidance increased from 3.7 EH/s to 4.3 EH/s in 2022 Mackenzie development activities progressing ahead of schedule SYDNEY, Australia, July 07, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN ) (“Iris Energy” or “the Company ...

Our prerequisite for Bitcoin mining companies to be investable is to be powered by renewable energy, CORZ doesn't meet this requirement. Hosting and Equipment Sales contributed 31% of CORZ's revenue but only contributed 9% of gross profits, implying CORZ is not well protected against ...

Global oil prices could climb to a "stratospheric" $380/bbl if the G7 nations succeed in imposing caps on the price of Russian oil and prompt Vladimir Putin to inflict retaliatory production cuts, J.P. Morgan Chase analysts warned this week. Given Russia's robust fiscal positi...

Soluna is in the business of buying curtailed renewable energy to provide energy-intensive computing services for profits such as using curtailed energy to mine Bitcoin. Soluna's business model might backfire as the curtailed renewable energy subsector is expected to shrink as great e...

Gainers: Kezar Life Sciences (KZR) +99%. Iris Energy (IREN) +5%. Immunity (IBRX) +5%. Cognyte Software (CGNT) +4%. Braze (BRZE) +4%. Losers: Polestar Automotive Holding (PSNYW) -5%. TripAdvisor (TRIP) -4%. Robinhood Market (HOOD) -4%. ADMA Biologics (ADMA) -3%. Concentrix Corporatio...

IREN is a pure-play sustainable Bitcoin mining company that owns at least 84% of land and grid-connected power facilities to provide it with the flexibility to host other data centers. IREN's valuation suggests investors are buying into IREN's hard assets (property, facilities, and ca...

Operating Guidance Increased from 3.7 EH/s to 4.3 EH/s in 2022 Deferral of Additional Capital Expenditures Given Market Conditions SYDNEY, Australia, June 21, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN ) (“Iris Energy” or “the Com...

Iris Energy (NASDAQ:IREN) has produced 151 bitcoins in May, up from 137 in April, according to the eco-friendly miner's monthly investor update. The company also increased its average operating hashrate to 1,165 petahashes per second ("PH/s"), a M/M boost of 12%. Its revenue of $4.9M in May c...

Record average operating hashrate of 1,165 PH/s (+12% increase) Mackenzie (1.5 EH/s) and Prince George (1.4 EH/s) remain on track for Q3 2022 SYDNEY, Australia, June 07, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN ) (“Iris Energy” or ȁ...

SYDNEY, Australia, June 07, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN ) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner which is building an institutional-grade infrastructure platform with 15 EH/s of secured miners (10 ...