• bitcoinBitcoin (BTC) $ 88,117.00
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  • solanaSolana (SOL) $ 125.57
  • tronTRON (TRX) $ 0.279957
  • staked-etherLido Staked Ether (STETH) $ 2,977.82
  • dogecoinDogecoin (DOGE) $ 0.130927
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.04
  • cardanoCardano (ADA) $ 0.374297
  • whitebitWhiteBIT Coin (WBT) $ 57.64
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  • wrapped-stethWrapped stETH (WSTETH) $ 3,640.10
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 87,889.00
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  • jito-staked-solJito Staked SOL (JITOSOL) $ 156.91
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,977.86
  • pi-networkPi Network (PI) $ 0.210758
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • pepePepe (PEPE) $ 0.000004
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  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.14
  • ethenaEthena (ENA) $ 0.210579
  • internet-computerInternet Computer (ICP) $ 2.92
  • hash-2Provenance Blockchain (HASH) $ 0.030364
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.53
  • htx-daoHTX DAO (HTX) $ 0.000002
  • pax-goldPAX Gold (PAXG) $ 4,353.64
  • global-dollarGlobal Dollar (USDG) $ 0.999878
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  • syrupusdtsyrupUSDT (SYRUPUSDT) $ 1.11
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999983
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  • usddUSDD (USDD) $ 0.999540
  • wrappedm-by-m0WrappedM by M^0 (WM) $ 0.998656
  • janus-henderson-anemoy-aaa-clo-fundJanus Henderson Anemoy AAA CLO Fund (JAAA) $ 1.02
  • sei-networkSei (SEI) $ 0.111136
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,224.02
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 87,957.00
  • beldexBeldex (BDX) $ 0.094528
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.11
  • bonkBonk (BONK) $ 0.000008
  • clbtcclBTC (CLBTC) $ 88,385.00
  • bridged-usdc-polygon-pos-bridgePolygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999956
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  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,176.30
  • usdaiUSDai (USDAI) $ 1.00
  • wrapped-flareWrapped Flare (WFLR) $ 0.011484
  • morphoMorpho (MORPHO) $ 1.20
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 24.58
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999962
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.82
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 145.27
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,978.43
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  • aerodrome-financeAerodrome Finance (AERO) $ 0.505066
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  • msolMarinade Staked SOL (MSOL) $ 169.00
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Mining

IREN Calling Off Bitcoin Mining Expansion in Favor of AI Data Centers

By admin
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IREN Calling Off Bitcoin Mining Expansion in Favor of AI Data Centers

Australia-based bitcoin miner IREN is redirecting its growth plans away from BTC mining and towards its AI data centers and AI cloud services businesses.

“As we near completion of our 50 EH/s mining expansion, our focus is shifting to the next phase of growth and delivering scalable infrastructure for AI and HPC,” said co-founder and CEO Daniel Roberts in a Monday business update.

Once completed at 52 EH/s, the mining expansion is expected to generate $528 million in annual cash flow, according to the company. Current installed capacity is 35 EH/s and completion is expected in the coming months.

IREN shares are lower by 2.1% premarket.

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