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Stock impact report

Iris Energy Limited Announces Monthly Investor Update for December 2021

Iris Energy Limited (IREN) 
Company Research Source: GlobeNewswire
14% increase in average operating hashrate to 748 PH/s 10% increase in Bitcoin mined Mackenzie (1.5 EH/s, 50MW) and Prince George (2.4 EH/s, 85MW) construction remains on track SYDNEY, Australia, Jan. 11, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner with 15.2 EH/s of secured miners, today published a monthly investor update for December 2021, containing its results from operations as well as construction and development updates. Key highlights Operations: 748 PH/s average operating hashrate in December (+14% increase)124 Bitcoin mined (+10% increase), generating monthly operating revenue of US$6.2 millionOperations now 100%1 renewable since inception following the purchase of renewable energy certificates (RECs)Minimal impact to operations at Canal Flats (0.7 EH/s) despite -30°C (-22°F) conditions (having also operated successfully through 40°C (104°F) heat in June 2021), again demonstrating th Show less Read more
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