IREN Surpasses 20 EH/s in Bitcoin Mining Hashrate Race

IREN, previously known as Iris Energy, has become the fifth publicly traded bitcoin mining firm to surpass the 20 EH/s threshold in the competitive race to gain market share despite bitcoin’s sluggish hashprice. On Monday, IREN announced it had increased its installed hashrate capacity to 20 EH/s with an efficiency of 16 J/TH. Through optimization […]

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