Bitcoin Miner Iris Energy Revives High-Performance Computing Strategy Amid Booming Interest in AI

Given recent developments, “the time may be right to expand into this sector,” using either Iris Energy’s existing sites or the ones under construction, the company said. The miner has procured items with long lead times to expand to build out another 100 megawatt (MW) facility, which would bring its mining hashrate to 13.6 EH/s if filled with mining rigs, said the press release.