Miner Iris Energy Launches 41 MW Bitcoin Mining Rig Early, Doubling Its Operating Capacity to 2.3 EH/s

Bitcoin miner Iris Energy (IREN) has announced that it has brought a 41 MW Bitcoin mining rig online at its second location in Mackenzie, British Columbia (Canada) more than a month early, roughly doubling its operating capacity. One time, more than 2.3 EH/s. The company's next site in Prince George, British Columbia (Canada), also expected to be energized by the end of next month, is expected to add a further 1.4 EH/s (50MW), raising the company's near-term operating capacity to 3.7 EH/s. In addition, the company will continue to develop deployment options for its remaining 2.3 EH/s miners, including the 1.7 EH/s Bitmain S19j Pro miner due to ship in August 2022, increasing the expected operating capacity to 6.0 EH/sForesight News Note, Iris Energy's NASDAQ-listed stock rose 14.56% as of Monday's close.