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Iris Energy Bitcoin Mining Revenue Hits Record High of $184 Million in Annual Revenue

Iris Energy Bitcoin Mining Revenue Hits Record High of $184 Million in Annual Revenue

CointimeCointime2024/08/29 10:39
By:Cointime

Bitcoin miner Iris Energy (IREN) has released its financial report, with Bitcoin mining annual revenue reaching a historic high of $184 million, an increase of 144% from the $75.5 million in the 2023 fiscal year. The hash rate doubled year-on-year, from 5.6 EH/s to 10 EH/s, and the amount of mining reached a historic high of 4,191 coins, compared to 3,259 BTC in the previous fiscal year.

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