Iris Energy Expands 10.5 EH/s Bitcoin Hashrate with S21XP

Iris Energy has doubled down on its bitcoin mining hashrate capacity by purchasing an additional 10.5 EH/s from Bitmain for $226 million. In its fiscal year 2024 report, released on Wednesday, the company announced a new purchase agreement with Bitmain dated Aug. 16, for 39,000 S21XP Antminers at a price of $21.5/TH/s. The equipment, totaling […]

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