Bitcoin Miner IREN Doubles Its Production Capacity

Bitcoin miner Iris Energy (IREN) has doubled its production capacity thanks to the new devices it has started to use.

Iris Energy has a total of 41 megawatts of devices used to generate bitcoins. a month earlier than expected started to run.

The new devices used by the company in British Columbia have increased the hash rate on the company’s bitcoin network. 2.3 EH/s leveled up.

Iris Energy plans to increase its production capacity in British Columbia again by the end of September. The company aims to activate a number of devices that consume a total of 50 megawatts of electricity on this date and achieve an additional hash rate of 1.4 EH/s.

The company’s long-term goal is to increase the hash rate to 6.0 EH/s with the new S19j Pro devices from Bitmain.

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