TechFlow reports that Bitcoin mining company Iris Energy has announced its first purchase of 248 NVIDIA H100 GPUs for approximately $10 million, expected to be delivered over the coming months.
"Utilizing our next-generation data centers for generative AI workloads presents an exciting opportunity, especially given current industry shortages in rack space and computing capacity," commented Daniel Roberts, Co-Founder and Co-CEO of Iris Energy. "We believe demand for sustainable computing is unlikely to diminish, and we see ourselves as uniquely positioned across broader industries to capture ongoing growth—whether it's ASICs for Bitcoin mining or GPUs for generative AI and other applications."
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