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Stock impact report

Iris Energy Announces Monthly Investor Update for January 2024 [Yahoo! Finance]

Iris Energy Limited (IREN) 
Company Research Source: Yahoo! Finance
SYDNEY, Australia, Feb. 07, 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 January 2024, containing its results from operations as well as business updates. Key Highlights Key metrics Jan-24 Average operating hashrate (PH/s) Bitcoin mined Mining revenue (US$'000) Electricity costs (US$'000) Revenue per Bitcoin (US$) Electricity costs per Bitcoin (US$) H1 2024 – expansion to 10 EH/s ongoing Operating capacity increased from 5.6 EH/s to 6.2 EH/s as of February 6, 2024 3.8 EH/s to be shipped and installed in coming months 0.9 EH/s of Bitmain S21 miners to be shipped shortly Overall fleet efficiency to improve to 24.8 J/TH H2 2024 – pathway from 10 EH/s to 20 EH/s 1 EH/s of Bitmain T21 miners purchased 9 EH/s of additiona Show less Read more
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