Iris Energy Has Committed Most of Childress Site to Expansion of Bitcoin Mining: Bernstein. The bitcoin miner’s shares slumped yesterday after a Culper Research report said the site was unsuitable for artificial intelligence and high-performance computing.Iris Energy (IREN) shares fell almost 14% yesterday following the publication of a short-selling report by Culper Research that noted the unsuitability of the bitcoin miner's Childress, Texas site for artificial intelligence (AI) or high-performance computing (HPC).
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 Iris Energy has committed most of its planned expansion at its Childress site in Texas to Bitcoin mining. The existing power and data center infrastructure at the site are deemed suitable for Bitcoin mining purposes. This commitment to Bitcoin mining expansion comes despite a short-selling report by Culper Research that raised concerns about the site's suitability for artificial intelligence (AI) or high-performance computing (HPC) applications. Following the publication of the report,Iris Enery 

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