1 year ago
Bitcoin mining institution Iris Energy Limited said connected Dec. 15 that it expects to instrumentality transportation of 8,380 new-generation T21 miners from Bitmain. Delivery of the mining machines is expected to assistance Iris Energy fulfill its extremity of expanding its self-mining capableness to 10 EH/s (exahash per second).
Acquisition to Improve Overall Fleet Efficiency
The Australian Bitcoin mining institution Iris Energy Limited announced connected Dec. 15 that it is acceptable to get $22.3 cardinal worthy of 8,380 new-generation T21 miners from Bitmain Technologies Delaware Limited. Once installed, the T21s, unneurotic with S21s, are expected to amended the Bitcoin miner’s “overall fleet ratio from 29.5 J/TH to 24.8 J/TH.”
In a statement, Iris Energy said the shipment of the T21s is scheduled for the 2nd 4th of 2024. Delivery of the mining machines is expected to assistance Iris Energy fulfill its extremity of expanding self-mining capacity.
“The company’s 80MW information halfway enlargement astatine Childress remains connected way to beryllium progressively delivered from January 2024 done to Q2 2024, supporting the summation successful operating hash complaint from 5.6 EH/s to 10 EH/s,” the Bitcoin miner said.
Iris Energy added that its 80MW information halfway enlargement astatine Childress is connected people to beryllium “progressively” delivered starting successful January 2024 done to Q2 2024. This is expected to enactment the summation successful the operating hash rate.
According to the statement, the acquisition terms for the Bitcoin miners, which translates to $14/TH (terahash), is payable successful progressive installments.
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