IREN capacity increased by 33% to 28 EH/s
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IREN Limited has increased its self-mining capacity by 33% to 28 EH/s, following the energization of its Childress Phase 3 substation. The company is on track to reach 31 EH/s by the end of the month.

December 02, 2024 | 11:45 am
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IREN Limited has increased its self-mining capacity by 33% to 28 EH/s, indicating a significant expansion in its operational capabilities. The company is on track to reach 31 EH/s by the end of the month.
The increase in mining capacity by 33% to 28 EH/s is a substantial operational enhancement for IREN, suggesting improved efficiency and potential revenue growth. The company's progress towards 31 EH/s by the end of the month further supports a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100