Macquarie starts coverage of crypto miners

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Iris Energy (IREN) reaches 20 EH/s milestone

September 23, 2024 6:33 AM EDT

Iris Energy Limited (NASDAQ: IREN) today provided a business update.

We are pleased to announce that weve reached our 20 EH/s milestone ahead of schedule. This achievement reflects the hard work of our global team. Thank you for your dedication and efforts in making this happen, said Daniel Roberts, Co-Founder and Co-CEO of IREN. We look forward to continuing this momentum as we expand to over 30 EH/s in the next three... More