SYDNEY, Australia, Jan. 05, 2024 (GLOBE NEWSWIRE) — Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading owner and operator of institutional-grade, highly efficient proprietary Bitcoin mining data centers powered by 100% renewable energy, today published a monthly investor update for December 2023, containing its results from operations as well as business updates. On December 15, 2023, the Company announced the acquisition of 1.6 EH/s of new-generation Bitmain T21 miners for $14/TH ($22.3 million), payable in progressive instalments. 80MW expansion at Childress to be delivered progressively from January 2024, supporting the increase in operating hashrate from 5.6 EH/s to 10 EH/s: The newly acquired Bitmain S21 and T21 miners, once installed, will improve overall fleet efficiency from…
Published Date: 2024-01-05
Source: Market Screener
Categories: Business, Energy, Science, Technology, Utilities, Management, Consulting
