Bitcoin mining company IREN expects to achieve $184.1 million in mining revenue in 2024

According to the financial report of Bitcoin mining company Iris Energy (IREN), as of June 30, 2024, IREN's Bitcoin mining revenue in fiscal year 2024 was US$184.1 million, an increase of 144% from US$75.5 million in fiscal year 2023. During this period, IREN's self-mining capacity doubled from 5.6 EH/s to 10 EH/s, and mined 4,191 bitcoins. Despite the increase in electricity costs and other operating costs, IREN's net loss has been reduced from US$171.9 million in the previous fiscal year to US$29 million. IREN currently has 15 EH/s of computing power installed and is expected to reach 30 EH/s by the end of 2024.