NVDA - Bitcoin Mining Stock Iris Energy Is Trading Higher: What's Going On? | Benzinga
Iris Energy Ltd (NASDAQ:IREN) stock is trading higher. The company on Thursday issued its monthly operations update.
The Details: Iris Energy announced that it mined 230 Bitcoin (CRYPTO: BTC) in May, down from 358 in April and 353 in March. The lower mining total was due to reduced block subsidy following April’s halving event.
Iris said it had an average operating hashrate of 9.4 EH/s in May. That number is up to 10 ...