Bitcoin Miner Iris Energy Hits Record Annual Revenue of $184 Million
Publication Time:2024-08-29 18:21:07
Bitcoin miner Iris Energy achieved significant growth in its bitcoin mining business for the fiscal year 2024, with annual revenue hitting a record $184 million, up an impressive 144% from $75.5 million in the fiscal year 2023. This achievement is attributed to a substantial increase in hash rate and improved mining efficiency. Iris Energy's hash rate grew from 5.6 EH/s last year to 10 EH/s, enabling it to successfully mine 4,191 bitcoins in the fiscal year 2024, marking a new milestone compared to the previous fiscal year’s 3,259 BTC.
Iris Energy
Record High
growth rate
mining revenue
bitcoin miner