IREN - Mergers and acquisitions

10 EH/s expansion fully fundedConstruction ahead of schedule SYDNEY, Australia, Jan. 05, 2024 (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 published a monthly investor update for December 2023, containing its results from operations as well as business updates. Key Highlights1 4,123 BTC mined in calendar year 2023 Key metrics2Dec-23Average operating hashrate (PH/s)5,576Bitcoin mined399Mining revenue (US$'000)17,174Electricity costs (US$'000)35,926Revenue per Bitcoin (US$)43,056Electricity costs pe

SYDNEY, Australia, Dec. 15, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ:IREN) (together with its subsidiaries, "Iris Energy" or "the Company"), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today announced the acquisition of 1.6 EH/s of Bitmain T21 miners to increase self-mining capacity to 10 EH/s. Key Highlights 1.6 EH/s acquisition of new-generation Bitmain T21 miners (19 J/TH)$14/TH purchase price ($22.3 million)1Fulfills the Company's goal of expanding self-mining capacity to 10 EH/s: Current: 5.6 EH/s operatingShipping Q1 2024: 1.4 EH/s Bitmain S21 minersShipping Q1 2024: 1.3 EH/s Bi

Expansion on track to 10 EH/s SYDNEY, Australia, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ:IREN) (together with its subsidiaries, "Iris Energy" or "the Company"), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today announced the acquisition of 1.3 EH/s of Bitmain T21 miners to increase self-mining capacity to 8.3 EH/s. Key Highlights 1.3 EH/s acquisition of new-generation Bitmain T21 miners (19 J/TH)Improves overall fleet efficiency to 25.8 J/TH$14/TH purchase price ($18.6 million), with 20% deferredSelf-mining capacity expanded to 8.3 EH/s: 5.6 EH/s operating1.4 EH/s Bitmain S21 mi

Partnership with WEKA to optimize generative AI workloads Near-term expansion on track to 9.4 EH/s SYDNEY, Australia, Nov. 07, 2023 (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 published a monthly investor update for October 2023, containing its results from operations as well as business updates. Key Highlights1 Key metrics2Oct-23Average operating hashrate (PH/s)5,571Bitcoin mined376Mining revenue (US$'000)11,159Electricity costs (US$'000)35,868Revenue per Bitcoin (US$)29,673Electricity costs per