Class-Action Suit Against Crypto Miner Iris Energy Quickly Withdrawn
The lawsuit, filed in the District Court for the District of New Jersey, was withdrawn a day after it was filed.
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Dec 13, 2022 at 12:52 p.m. UTC
Dec 13, 2022
Iris Energy
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Bitcoin Miner Iris Energy Faces Default Claim on $103M of Equipment Loans
The company has said it will default on the debt Tuesday unless it can reach a restructuring agreement with its lender.
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Nov 7, 2022 at 4:54 p.m. UTC
Nov 7, 2022
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Compass Point Analyst Defends Bitcoin Miner Iris Energy
Chase White says Iris should be able to renegotiate the terms of its debt or return its mining rigs to the lenders and buy new ones at a cheaper price.
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Nov 3, 2022 at 3:09 p.m. UTC
Nov 3, 2022
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Fed Suggests Shift in Tightening Policy; Rogue Actor Disrupts Lightning Network With One Transaction
The U S Federal Reserve hinted a potential change in its monetary policy at its latest meeting Wednesday Twitter user Burak brqgoo allegedly created a non standard Bitcoin transaction that prevented users from opening new Lightning channels Bitcoin miner Iris Energy IREN said some of its mining equipment owned by special purpose vehicles aren't producing [...]
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Nov 2, 2022 at 7:43 p.m. UTC
Nov 2, 2022
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Bitcoin Miner Iris Energy Says Some Machines Aren't Covering Financing Costs
The company's shares fell almost 9% in early trading.
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Nov 2, 2022 at 12:37 p.m. UTC
Nov 2, 2022
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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.
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Sep 23, 2022 at 2:11 p.m. UTC
Sep 23, 2022
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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.
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Aug 8, 2022 at 3:20 p.m. UTC
Aug 8, 2022
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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.”
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Jul 14, 2022 at 8:41 p.m. UTC
Jul 14, 2022
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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.
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May 11, 2022 at 8:52 p.m. UTC
May 11, 2022