In a recent significant acquisition move, Bitcoin mining company Iris Energy Limited has purchased 39,000 units of the Bitmain Antminer S21 XP machines. This action will significantly enhance its mining capabilities, with a target to reach an overall mining capacity of 30 EH/s (every hour's computational power) by the end of 2024. This purchase not only reflects Iris Energy's confidence in the continuous growth of the cryptocurrency market but also demonstrates its commitment to expanding its competitiveness and influence in the Bitcoin mining sector. By introducing high-performance S21 XP Antminer machines, Iris Energy is expected to further solidify its position within the industry, while also offering higher potential returns to investors.