How Bitcoin Miners Are Tapping Into the AI Gold Rush – Part 2

The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Sept. 3, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng. In the piece, Feng follows up on her first report on how bitcoin miners are branching out into high-performance computing … Read more

How Bitcoin Miners Are Tapping Into the AI Gold Rush – Part 1

The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Aug. 29, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng. In the piece, Feng explores how bitcoin miners are branching out into high-performance computing (HPC) and artificial intelligence (AI) cloud … Read more

Bitcoin Miner Iris Energy Increases Mining Output by 10%

Iris Energy has reported a 10% increase in bitcoin production during August 2024, with the company mining 245 bitcoin. The improvement is attributed to higher operational efficiency and reduced electricity costs following the company’s transition to spot pricing. Iris Energy’s Bitcoin Mining Efficiency Leads to Output Growth In its August 2024 investor update, Iris Energy … Read more

Iris Energy Acquires 39,000 Bitmain S21 XP Antminers, Eyes 30 EH/s in 2024

Bitcoin miner and high-performance computing (HPC) firm Iris Energy Limited has secured 10 exahash per second (EH/s) of Bitmain’s S21 XP Antminers, positioning the bitcoin mining company to reach 30 EH/s by the end of 2024. Iris Energy Expands Mining Capacity and AI Cloud Services Iris Energy Limited (Nasdaq: IREN) reported record financial results for … Read more