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Iris Energy Expands Self-mining Capacity To 5.5... Apr 2026

: The expansion utilized Bitmain Antminer S19j Pro miners, which operate at an efficiency of 29.5 J/TH .

: To reach the 5.5 EH/s target, Iris Energy successfully sold 2.3 EH/s of its remaining contracted miners to a third party, optimizing its fleet for immediate installation in its own data centers. Iris Energy expands self-mining capacity to 5.5...

Strategic Milestone: Iris Energy Expands to 5.5 EH/s Iris Energy achieved a major operational milestone in February 2023 by increasing its Bitcoin self-mining capacity from . This expansion was strategically significant because it was funded entirely by utilizing $67 million in existing prepayments to Bitmain, requiring no additional cash outlay from the company. Operational & Financial Impact : The expansion utilized Bitmain Antminer S19j Pro

: By leveraging prepayments and avoiding new debt, the company maintained a strong balance sheet during a volatile market period. This expansion was strategically significant because it was

: All new capacity is powered by 100% renewable energy infrastructure across sites in British Columbia and Texas. Infrastructure & Execution

: The expansion coincided with the nearing energization of the 600MW Childress site , which initially provided 20MW of data center capacity to support the new miners.

: The expansion utilized Bitmain Antminer S19j Pro miners, which operate at an efficiency of 29.5 J/TH .

: To reach the 5.5 EH/s target, Iris Energy successfully sold 2.3 EH/s of its remaining contracted miners to a third party, optimizing its fleet for immediate installation in its own data centers.

Strategic Milestone: Iris Energy Expands to 5.5 EH/s Iris Energy achieved a major operational milestone in February 2023 by increasing its Bitcoin self-mining capacity from . This expansion was strategically significant because it was funded entirely by utilizing $67 million in existing prepayments to Bitmain, requiring no additional cash outlay from the company. Operational & Financial Impact

: By leveraging prepayments and avoiding new debt, the company maintained a strong balance sheet during a volatile market period.

: All new capacity is powered by 100% renewable energy infrastructure across sites in British Columbia and Texas. Infrastructure & Execution

: The expansion coincided with the nearing energization of the 600MW Childress site , which initially provided 20MW of data center capacity to support the new miners.