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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 ...
Data center developer Soluna (NASDAQ:SLNH) shares have jumped as much as 10% in afternoon trading, as Upstate New York gets closer to banning Proof-of-Work crypto mining, which uses energy from carbon-based sources. Soluna (SLNH), based in Albany, New York, develops data centers for...
Gainers: Q&K (QK) +11%, The Marygold MGLD +4%. Losers: Mawson Infrastructure (OTCQB:MIGI) -10%, Iris Energy (IREN) -9%, Cipher Mining (CIFR) -8%, Marathon Digital (MARA) -8%, Upstart (UPST) -7% For further details see: Q&K, The M...
Energy (NYSEARCA:XLE) led the week's S&P sector standings, +8.2%, as U.S. crude oil climbed to its highest level in more than 11 weeks with continued signs of tight fuel inventories as summer driving season begins this Memorial Day weekend. "You have to assume that things will get worse,"...
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SYDNEY, July 24, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN ) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today provided a business update. The...
SYDNEY, July 16, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN ) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today provided a business update. T...