Childress | Jotup

Iris Energy Announces Monthly Investor Update for September 2023

Retrieved on:

Thursday, October 5, 2023

Bitcoin, System, Childress, AI, CRC, Electricity, Canal Flats, Growth, Prince George, College of New Caledonia, Cryptocurrency, Renewable energy, Wine

SYDNEY, Australia, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) ("Iris Energy" or "the Company"), a leading owner and operator of institutional-grade, highly efficient proprietary Bitcoin mining data centers powered by 100% renewable energy, today published a monthly investor update for August 2023, containing its results from operations as well as business updates.

Key Points:

Iris Energy partnered with AI Hardware and Systems and presented at the 6th Annual AI Hardware & Edge AI Summit, September 12-14, 2023.
The Iris Energy team discussed the Company’s next-generation data centers capable of powering Bitcoin, AI and beyond:
Canal Flats update (0.8 EH/s, 30MW capacity) – BC, Canada
Canal Flats has been powered by 100% renewable energy since inception10.
The project achieved average monthly operating hashrate of 835 PH/s in September compared to 823 PH/s last month.
Prince George update (1.6 EH/s, 50MW capacity) – BC, Canada
Prince George has been powered by 100% renewable energy since inception10.

Iris Energy Announces Monthly Investor Update for June 2023

Retrieved on:

Friday, July 7, 2023

SYDNEY, Australia, July 07, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) ("Iris Energy" or "the Company"), a leading owner and operator of institutional-grade, highly efficient proprietary Bitcoin mining data centers powered by 100% renewable energy, today published a monthly investor update for June 2023, containing its results from operations as well as business updates.

Key Points:

On June 20, Iris Energy announced its expansion plan to 9.1 EH/s and revitalization of its HPC strategy.
The project achieved average monthly operating hashrate of 831 PH/s in June compared to 809 PH/s last month.
Prince George update (1.6 EH/s, 50MW capacity) – BC, Canada
Prince George has been powered by 100% renewable energy since inception9.
Childress update (0.6 EH/s, 20MW capacity / 80MW under construction) – Texas, USA
Childress has been powered by 100% renewable energy since inception via the purchase of RECs.

Iris Energy Announces 9.1 EH/s Expansion Plan and Revitalization of HPC Strategy

Retrieved on:

Tuesday, June 20, 2023

Bitcoin, Dell, PwC, Supreme Court of the United Kingdom, Intelligence, Traction, Childress, Hearing, HPC, Budd SPV-2000, Supreme court, Court, Growth, Dell Technologies, Cryptocurrency, Machine shop

SYDNEY, Australia, June 20, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN ) (together with its subsidiaries, “Iris Energy”, “the Company” or “the Group”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today announced its expansion plan to 9.1 EH/s and revitalization of its high-performance computing (“HPC”) data center strategy, and provided a limited recourse equipment financing update.

Key Points:

SYDNEY, Australia, June 20, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN ) (together with its subsidiaries, “Iris Energy”, “the Company” or “the Group”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today announced its expansion plan to 9.1 EH/s and revitalization of its high-performance computing (“HPC”) data center strategy, and provided a limited recourse equipment financing update.
Additional long-lead items also continue to be procured, including for Childress Phase 2 (second 100MW) which is expected to unlock ~13.6 EH/s1 of data center capacity.
The Company also advises that its previous HPC data center strategy is now a parallel focus.
The Company’s approach to 100% renewable energy has been a key focus for many prospective HPC counterparties.

Iris Energy Announces Monthly Investor Update for May 2023

Retrieved on:

Tuesday, June 6, 2023

SYDNEY, Australia, June 06, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) ("Iris Energy" or "the Company"), a leading owner and operator of institutional-grade, highly efficient proprietary Bitcoin mining data centers powered by 100% renewable energy, today published a monthly investor update for May 2023, containing its results from operations as well as business updates.

Key Points:

On May 10, Iris Energy provided an investor update.
Canal Flats update (0.8 EH/s, 30MW capacity) – BC, Canada
Canal Flats has been powered by 100% renewable energy since inception5.
Prince George update (1.6 EH/s, 50MW capacity) – BC, Canada
Prince George has been powered by 100% renewable energy since inception5.
Childress update (0.6 EH/s, 20MW capacity / 20MW under construction) – Texas, USA
Childress has been powered by 100% renewable energy since inception via the purchase of RECs.

Iris Energy Announces Monthly Investor Update for April 2023

Retrieved on:

Friday, May 5, 2023

ERCOT, AEP, Canal Flats, Miner, Electricity, American Electric Power, Organization, Childress, Prince George, Growth, Dhaka Electric Supply Company Limited, D, Electric power, Renewable energy, Silviculture, Nursing, Cryptocurrency, Bitcoin

SYDNEY, Australia, May 05, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) ("Iris Energy" or "the Company"), a leading owner and operator of institutional-grade, highly efficient proprietary Bitcoin mining data centers powered by 100% renewable energy, today published a monthly investor update for April 2023, containing its results from operations as well as business updates.

Key Points:

Canal Flats update (0.8 EH/s, 30MW capacity) – BC, Canada
Canal Flats has been powered by 100% renewable energy since inception5.
The project achieved average monthly operating hashrate of 710 PH/s in April compared to 591 PH/s last month.
Prince George update (1.6 EH/s, 50MW capacity) – BC, Canada
Prince George has been powered by 100% renewable energy since inception5.
During the month, Iris Energy energized the 600MW bulk power substation and the 100MW primary substation at its Childress site.

Iris Energy provides 5.5 EH/s installation update

Retrieved on:

Thursday, April 20, 2023

Bitcoin, Miner, ERCOT, American Electric Power, Karma (company), Childress, AEP, Cryptocurrency, Machine shop

SYDNEY, Australia, April 20, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy”, “the Company” or “the Group”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today provided an update on the installation of its 5.5 EH/s of operating capacity.

Key Points:

SYDNEY, Australia, April 20, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN ) (together with its subsidiaries, “Iris Energy”, “the Company” or “the Group”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today provided an update on the installation of its 5.5 EH/s of operating capacity.
All remaining 0.9 EH/s of miners have been delivered and are pending installation.
160MW of data centers (supporting ~4.9 EH/s) is available immediately, with commissioning of the first 20MW at Childress (supporting the remaining ~0.6 EH/s) expected imminently.
Since March 13, 2023, the relevant affiliated entity has acquired 480,461 ordinary shares in aggregate for total consideration of approximately $1,515,783.

Iris Energy provides 5.5 EH/s installation update

Retrieved on:

Thursday, April 13, 2023

Bitcoin, Miner, ERCOT, American Electric Power, Karma (company), Childress, AEP, Cryptocurrency

SYDNEY, Australia, April 13, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy”, “the Company” or “the Group”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today provided an update on the installation of its 5.5 EH/s of operating capacity.

Key Points:

SYDNEY, Australia, April 13, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN ) (together with its subsidiaries, “Iris Energy”, “the Company” or “the Group”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today provided an update on the installation of its 5.5 EH/s of operating capacity.
All remaining 1.9 EH/s of miners have now been delivered and are pending installation.
As previously disclosed, following completion of the connection, approximately $18 million in previous deposits with AEP Texas are expected to be refunded.
Since March 13, 2023, the relevant affiliated entity has acquired 430,461 ordinary shares in aggregate for total consideration of approximately $1,283,253.

Iris Energy provides 5.5 EH/s installation update

Retrieved on:

Monday, April 3, 2023

Bitcoin, Miner, Childress, Cryptocurrency, Machine shop

SYDNEY, Australia, April 03, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy”, “the Company” or “the Group”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today provided an update on the installation of its 5.5 EH/s of operating capacity.

Key Points:

SYDNEY, Australia, April 03, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN ) (together with its subsidiaries, “Iris Energy”, “the Company” or “the Group”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today provided an update on the installation of its 5.5 EH/s of operating capacity.
An additional 2.0 EH/s of miners have been delivered and are pending installation, while the remaining 0.7 EH/s of miners are in transit and scheduled to be delivered imminently.
160MW of data centers (supporting ~4.9 EH/s) is available immediately, with commissioning of the first 20MW at Childress (supporting the remaining ~0.6 EH/s) expected in the coming months.
Since March 13, 2023, the relevant affiliated entity has acquired 130,461 ordinary shares in aggregate for total consideration of approximately $373,338.

Iris Energy provides 5.5 EH/s installation update

Retrieved on:

Thursday, March 23, 2023

Bitcoin, Miner, Transport, Childress, AEP, Cryptocurrency

SYDNEY, Australia, March 23, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy”, “the Company” or “the Group”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today provided an update on the installation of its 5.5 EH/s of operating capacity.

Key Points:

SYDNEY, Australia, March 23, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN ) (together with its subsidiaries, “Iris Energy”, “the Company” or “the Group”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today provided an update on the installation of its 5.5 EH/s of operating capacity.
Iris Energy is pleased to advise that following commencement of installation of its newly acquired miners (as part of the Company’s recently announced increase in self-mining capacity to 5.5 EH/s ), it has increased its operating hashrate to a current level of 2.0 EH/s.
The Company is pleased to advise that Salvare Station, the new adjacent switchyard owned by the transmission utility, has been energized, which enables connection of the 600MW Childress project to the grid through AEP.
Completion of the switchyard represents another key project milestone as we near energization of the 600MW bulk substation as well as the initial 20MW data center.

Iris Energy Commences 5.5 EH/s Installation and Confirms No Deposits with Silicon Valley Bank, Silvergate Capital, or Signature Bank

Retrieved on:

Monday, March 13, 2023

Bitcoin, Silvergate Bank, Miner, Childress, Silicon, Signature Bank, Silicon Valley Bank, Payment card, Cryptocurrency

SYDNEY, Australia, March 13, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy”, “the Company” or “the Group”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today announced it has commenced taking delivery of, and installing, miners in respect of its ramp up to 5.5 EH/s of operating capacity, and also confirmed it does not hold deposits with Silicon Valley Bank, Silvergate Capital or Signature Bank.

Key Points:

No deposits with Silicon Valley Bank, Silvergate Capital or Signature Bank
SYDNEY, Australia, March 13, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN ) (together with its subsidiaries, “Iris Energy”, “the Company” or “the Group”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today announced it has commenced taking delivery of, and installing, miners in respect of its ramp up to 5.5 EH/s of operating capacity, and also confirmed it does not hold deposits with Silicon Valley Bank, Silvergate Capital or Signature Bank.
Delivery of the remaining miners is expected by the end of March, with the majority of these miners expected to be operational shortly thereafter.
160MW of data center infrastructure (supporting ~4.9 EH/s) is available immediately, with commissioning of the first 20MW at Childress (supporting the remaining ~0.6 EH/s) expected in the coming months.
No deposits with Silicon Valley Bank, Silvergate Capital or Signature Bank
In respect of recent market events, in particular developments in relation to Silicon Valley Bank, Silvergate Capital and Signature Bank, the Company confirms it does not hold deposits or securities or maintain any accounts with any of these entities.