Iris Energy Limited provided an update on its near-term expansion to 10 EH/s, as part of a pathway to 20 EH/s. The Company announced that it has commenced installation of miners for its expansion to 10 EH/s, with operating hashrate increased to 6 EH/s. The remaining 4 EH/s is expected to be commissioned in H1 2024. As previously announced, the Company has also secured a pathway to 20 EH/s in 2024, following a purchase and fixed price option agreement for an additional 10 EH/s of Bitmain T21 miners.
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05-06 | Iris Energy Limited Reports Revenue Results for the Month of April 2024 | CI |
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-33.01% | 676M | |
+7.00% | 6.45B | |
-44.57% | 540M | |
+63.49% | 509M | |
+160.97% | 428M | |
-47.24% | 367M | |
-.--% | 118M | |
-27.12% | 103M | |
-15.56% | 102M | |
+476.47% | 69.47M |
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