IREN reposted this
Full steam ahead at Childress. 510MW of data centers + 31 EH/s by 31 December! IREN
IREN is a leading next-generation data center business, powering the future of Bitcoin, AI and beyond utilizing 100% renewable energy.
External link for IREN
44 Market St
Level 12
Sydney, New South Wales 2000, AU
1055 West Georgia Street
Suite 1750
Vancouver, British Columbia V6E 3P3, CA
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
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