Iris Energy to Ramp Up Capacity in 2024 Following $22M Spend on Bitmain Rigs

Source: AdobeStock / Photocreo Bednarek Renewable Bitcoin mining company Iris Energy has revealed the acquisition of 1.6 EH/s of Bitmain T21 miners, increasing its self-mining capacity to 10 EH/s. In a press release on December 15, the company disclosed plans to acquire 8,380 new-generation T21 miners from Bitmain Technologies Delaware Limited at $14/TH ($22.3 million). The post Iris Energy to Ramp Up Capacity in 2024 Following $22M Spend on Bitmain Rigs appeared first on Cryptonews .