: The transaction fully resolved Iris Energy's remaining obligations under its previous 10 EH/s contract with Bitmain.
: To reach the 5.5 EH/s target, Iris Energy successfully sold 2.3 EH/s of its remaining contracted miners to a third party, optimizing its fleet for immediate installation in its own data centers. Iris Energy expands self-mining capacity to 5.5...
: By leveraging prepayments and avoiding new debt, the company maintained a strong balance sheet during a volatile market period. : The transaction fully resolved Iris Energy's remaining
: 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. Iris Energy expands self-mining capacity to 5.5...