IREN provides 20 EH/s expansion update
Iris Energy Limited (IREN)
Company Research
Source: GlobeNewswire
SYDNEY, Australia, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Iris Energy Limited (dba 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 provided a business update. IREN is pleased to provide an update on its expansion to 20 EH/s in 2024: H1 2024 (10 EH/s): Operating hashrate now increased to 7 EH/sRemaining 3 EH/s to be commissioned through H1 2024 H2 2024 (20 EH/s): 10 EH/s of new Bitmain T21 miners1 secured via fixed price contracts200MW expansion at existing Childress data center About IREN IREN is a leading next-generation data center business powering the future of Bitcoin, AI and beyond utilizing 100% renewable energy. Bitcoin Mining: providing security to the Bitcoin network, expanding to 20 EH/s in 2024. Operations since 2019.AI Cloud Services: providin
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IREN
News
- The Impact Of AI On Iris Energy's Bitcoin Mining Success [Seeking Alpha]Seeking Alpha
- Poolside upsizes and extends AI Cloud Services contractGlobeNewswire
- IREN Announces Monthly Investor Update for March 2024GlobeNewswire
- Iris Energy Limited (NASDAQ: IREN) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $10.00 price target on the stock.MarketBeat
- 20 EH/s expansion fully fundedGlobeNewswire
IREN
Sec Filings
- 4/8/24 - Form 6-K
- 4/4/24 - Form 6-K
- 4/1/24 - Form 6-K
- IREN's page on the SEC website