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0 0 0.00352112676056346 0.00704225352112692 0.0140845070422537 0.0207922535211269 0.0334507042253522 0.081161971830986
Stock impact report

IREN Announces Monthly Investor Update for March 2024

Iris Energy Limited (IREN) 
Company Research Source: GlobeNewswire
SYDNEY, Australia, April 04, 2024 (GLOBE NEWSWIRE) -- IREN (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 March 2024. Key Highlights Bitcoin MiningAI Cloud Services 353 Bitcoin mined in March8 EH/s operating, 20 EH/s in 2024Expansion fully funded NVIDIA H100 GPUs 248 operating568 commissioning Customer negotiations in progress Data CentersCorporate 220MW operating, 460MW in 2024New and optimized data center design expediting construction timelines $301m cash, no debt2024 expansion fully fundedQuarterly reporting to start from March 31, 2024 Key Metrics Bitcoin Mining1Mar-24Feb-24Jan-24Average operating hashrate (PH/s)7,1076,2995,642Renewable energy usage (MW)2195174163Bitcoin mined353310341Mining revenue (US$'000)23,70515,21214,466Electricity costs (US$'000)37,1726,2416,376 Show less Read more
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