IREN mined only 402 Bitcoin in Q3 2023, down sharply from 2,039 in Q3 2022, as it transitions to an AI cloud business expected to complete by December 31. Its Bitcoin mining revenue dropped 88% to $28 million, with an average operating hashrate falling from 45.3 EH/s to 8.8 EH/s year-over-year. IREN holds no Bitcoin as of September and plans to maintain minimal mining activity in 2027. The company’s $20.6 billion in assets include $6 billion in data-center assets, supporting its pivot towards AI cloud services with 15 client agreements.
IREN's transition from Bitcoin mining to AI cloud services provides context for cryptocurrency market activity on Pluang. For readers following crypto, here is Pluang's market snapshot as of Nov 09, 2026 05:21 WIB: out of 50 major cryptocurrencies, only 4 rose while 45 fell. Among notable movers, Nano (XNO) dropped 5.59% to Rp5,370 with a typical hold time of 87 days and 73% sell order activity, whereas Enjin Coin (ENJ) and Neo (NEO) both fell around 5.5% but saw 100% buy order activity, priced at Rp395 and Rp31,938 respectively.
NVIDIA's Board of Directors has started an independent investigation after reports that CEO Jensen Huang was targeted by a foreign intelligence operation. The inquiry, led by independent directors and external counsel, aims to ensure no national secu...
Binance has resumed withdrawals for the altcoins HYPE and APT ahead of schedule as part of its recovery from the $6.3 billion hack on October 29, 2026. Data from Cryptoquant shows Binance's bitcoin reserves have decreased by about 56,000 BTC and ethe...
TokenPost.ai Strategy held 849,327 Bitcoin as of November 1, valued at about $63.58 billion, which is approximately $500 million less than their total purchase cost of $64.08 billion. The company bought 811 BTC for $65.5 million during the week endin...
Bitcoin, Ether, and Solana all experienced price declines over a 24-hour period ending Sunday evening. Ether saw the largest drop at 4.37%, falling to $2,132.38, while Bitcoin decreased by 1.60% to $74,352. Solana also declined by 2.79% to $86.52. Th...
Stellar Lumens (XLM) experienced a sharp decline of 3.40% within one hour, falling to $0.1449 on Binance's spot market. Over the past 24 hours, XLM dropped nearly 4%, reflecting broader selling pressure. During this period, $780,000 worth of long pos...
