Self-mining Capacity To 5.5...: Iris Energy Expands

: All new capacity is powered by 100% renewable energy infrastructure across sites in British Columbia and Texas. Infrastructure & Execution

: By leveraging prepayments and avoiding new debt, the company maintained a strong balance sheet during a volatile market period. Iris Energy expands self-mining capacity to 5.5...

: The transaction fully resolved Iris Energy's remaining obligations under its previous 10 EH/s contract with Bitmain. : All new capacity is powered by 100%

: As of March 2023, the company had already reached 2.0 EH/s in operating hashrate, with the remaining 3.5 EH/s scheduled for rapid installation following delivery. Future Scaling Beyond 5.5 EH/s Iris Energy expands self-mining capacity to 5.5...

: The expansion coincided with the nearing energization of the 600MW Childress site , which initially provided 20MW of data center capacity to support the new miners.