Iris Energy Revives Strategy for Hosting High-Performance Computing Alongside Bitcoin Miners Amid AI Boom

June 20 (Cointime) - Iris Energy has announced its plans to revive its strategy of hosting high-performance computing alongside bitcoin miners, as interest in artificial intelligence (AI) continues to grow.

Other miners such as Applied Digital Corporation, Crusoe Energy and Hut 8 Mining have also expanded into other types of compute.

Iris Energy plans to increase its data center capacity to 9.1 exahash/second (EH/s) by early 2024. However, the requirements of high-performance computing industries differ significantly from mining in terms of quality of operations, uptime and customer service.

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