IREN

Full steam ahead at Childress. 510MW of data centers + 31 EH/s by 31 December! IREN

IREN is pleased to provide our monthly investor update for September 2024. Key highlights: - 347 Bitcoin mined, $23.6k electricity cost per Bitcoin - 21 EH/s installed (month-end), 31 EH/s in 4Q - 1,896 NVIDIA H100 & H200 GPUs - AI Cloud Services estimated to contribute ~10% to run-rate earnings by year-end - 360MW data centers, 510MW in 2024 - Monetization conversations ongoing https://lnkd.in/e5HiBZZf 

As we celebrate our 20 EH/s milestone, we’re taking a moment to reflect on our journey this year. Thanks to the dedication of our global team, IREN continues to push the boundaries of what’s possible. Here's to 31 EH/s in 4Q 2024!

IREN is pleased to provide a business update - Installed capacity increased to 20 EH/s (16 J/TH efficiency) - Now expect to achieve 21 EH/s in coming days through optimization of existing data centers - On track for 31 EH/s in 4Q 2024 - All-in cash cost per Bitcoin mined of $30k (at 31 EH/s, 15 J/TH efficiency) https://lnkd.in/eDVVZFHX

IREN is pleased to provide a business update. - Purchase of 1,080 latest-generation NVIDIA H200 GPUs - Increases overall fleet to 1,896 NVIDIA H100 & H200 GPUs - Supports $32m of estimated annualized hardware profit - AI Cloud Services proportion of IREN earnings expected to increase to ~10% by year-end - 18.8 EH/s installed, on-track for 20 EH/s this month and 30 EH/s in 4Q - All-in cash cost per Bitcoin mined of $31k (at 30 EH/s, 15 J/TH efficiency) https://lnkd.in/e5yArYUu

IREN is pleased to provide our monthly investor update for August 2024. Key highlights: - 245 Bitcoin mined, $15m revenue - 16 EH/s installed (as of Sep 4) - 20 EH/s in Sep, 30 EH/s in 4Q - 816 NVIDIA H100 GPUs, $1.3m revenue - 300MW data centers, 510MW in 2024 - Monetization conversations ongoing https://lnkd.in/ehMMaJZY

IREN Co-Founder & Co-CEO Daniel Roberts discusses the convergence of Bitcoin mining, AI and renewable energy with Morgan L Brennan and Jon Fortt on CNBC Overtime

IREN today reported its FY24 results. Key highlights: - Record Adjusted EBITDA of $54.7m - Record Bitcoin mining revenue of $184.1m (4,191 Bitcoin mined) - AI Cloud Services revenue of $3.1m - $404.6m cash, no debt - 15 EH/s installed; on track for 30 EH/s in 2024 - 10.5 EH/s of Bitmain S21 XP miners secured - 816 NVIDIA H100 GPUs servicing multiple customers The presentation and webcast replay can be accessed here: https://lnkd.in/ejjmvqgD

IREN will release its FY24 Results on Wednesday, August 28, 2024 (New York time). Conference call to be held at 5:00pm (New York time). Register here: https://lnkd.in/euNCp_uM

IREN is pleased to provide our monthly investor update for July 2024. Key highlights: - 222 #Bitcoin mined, $13.6m revenue - 10.5 EH/s installed (as of Aug 5) - 20 EH/s in 3Q, 30 EH/s in 4Q - 816 NVIDIA H100 GPUs, $1.3m revenue - Servicing multiple reserved/on-demand customers - Childress power capacity increased from 600MW to 750MW - Morgan Stanley appointed financial advisor https://lnkd.in/eMeaHEt4