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Bernstein: Iris Energy has allocated most of the land at the Childress mine to expand its bitcoin mining operations
Shares of Iris Energy (IREN) fell nearly 14% yesterday after Culper Research released a sell short report stating that bitcoin miner Iris Energy's Childress, Texas plant is not suitable for artificial intelligence (AI) or high-performance computing (HPC). However, brokerage Bernstein said in a research note that it has used most of the planned expansion of the site for bitcoin (BTC) mining and...
2024-07-12 09:29:56
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