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Stock impact report

Iris Energy Increases Operating Capacity to >3.7 EH/s

Iris Energy Limited (IREN) 
Company Research Source: GlobeNewswire
Iris Energy Increases Operating Capacity to 3.7 EH/s Prince George (50MW) Fully Commissioned on Schedule Additional Near Term Expansion to 4.7 EH/s Deployment pathway to 6.0 EH/s SYDNEY, Australia, Sept. 27, 2022 (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 announced it has increased its operating capacity to exceed 3.7 EH/s. The full energization of 1.4 EH/s (50MW) at Prince George, BC (Canada) was on schedule and marks delivery of the Company’s third operating site, increasing the Company’s operating capacity by 60% to 3.7 EH/s. This follows the recent full energization of 1.5 EH/s (50MW) at the Company’s second operating site in Mackenzie, BC (Canada) less than two months ago. Phase three expansion of a further 1.0 EH/s (30MW) at Mackenzie also remains on track to be energized by the Show less Read more
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