IREN - Iris Energy gains on doubling operating capacity to more than 2.3 EH/s
- Iris Energy ( NASDAQ: IREN ) announced it has approximately doubled its operating capacity to exceed 2.3 EH/s as it recently energized the remainder of the first 1.5 EH/s at its second operating site in Mackenzie, BC (Canada), which marks delivery of phase two of the project.
- The company's next site, in Prince George, BC (Canada), also remains on track to be energized by the end of next month and is expected to add a further 1.4 EH/s, increasing near-term operating capacity to 3.7 EH/s.
- The company also continues to work through deployment options for its remaining 2.3 EH/s of miners, including the recently announced 1.7 EH/s of Bitmain S19j Pro miners to be shipped in August 2022, increasing expected operating capacity to 6.0 EH/s.
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Iris Energy gains on doubling operating capacity to more than 2.3 EH/s