Iris Energy Acquires 39,000 Bitmain S21 XP Antminers, Eyes 30 EH/s in 2024

Bitcoin miner and high-performance computing (HPC) firm Iris Energy Limited has secured 10 exahash per second (EH/s) of Bitmain’s S21 XP Antminers, positioning the bitcoin mining company to reach 30 EH/s by the end of 2024.
Iris Energy Expands Mining Capacity and AI Cloud Services

Iris Energy Limited (Nasdaq: IREN) reported record financial results for the fiscal year ending June 30, 2024, with notable improvements across several metrics. The company achieved a record adjusted EBITDA of $54.7 million, a substantial increase from $1.4 million in the previous year.