Iris Energy provided an update on its near-term expansion to 10 EH/s, as part of a pathway to 20 EH/s. 10 EH/s expansion – H1 2024: The company is pleased to advise that it has commenced installation of miners for its expansion to 10 EH/s, with operating hashrate increased to 6 EH/s. The remaining 4 EH/s is expected to be commissioned in H1 2024. 20 EH/s pathway – H2 2024: As previously announced, the company has also secured a pathway to 20 EH/s in 2024, following a purchase and fixed price option agreement for an additional 10 EH/s of Bitmain T21 miners.
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