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0 0.00185873605947951 0.00185873605947951 0.00185873605947951 -0.00557620817843854 -0.00557620817843854 -0.0111524163568773 -0.016728624535316
Stock impact report

IREN Announces Monthly Investor Update for February 2024

Iris Energy Limited (IREN) 
Company Research Source: GlobeNewswire
SYDNEY, Australia, March 06, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today published a monthly investor update for February 2024. Key Highlights Bitcoin MiningAI Cloud Services 310 Bitcoin mined in FebruaryRecord operating hashrate of 7 EH/s20 EH/s expansion in 2024 Contract signed with poolside AIExpansion to 816 NVIDIA H100 GPUs Data CentersCorporate Expanding to 460MW in 2024 Rebrand from Iris Energy to IRENSecond quarter results released Key Metrics Bitcoin Mining1Feb-24Jan-24Dec-23Average operating hashrate (PH/s)6,2995,6425,576Renewable energy usage (MW)2174163161Bitcoin mined310341399Mining revenue (US$'000)15,21214,46617,174Electricity costs (US$'000)36,2416,3765,926Revenue per Bitcoin (US$)49,134 Show less Read more
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