{"id":697,"date":"2024-10-04T14:31:58","date_gmt":"2024-10-04T14:31:58","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=697"},"modified":"2024-10-04T14:31:58","modified_gmt":"2024-10-04T14:31:58","slug":"bitcoin-miner-iris-energy-releases-september-update-what-to-know","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=697","title":{"rendered":"Bitcoin Miner Iris Energy Releases September Update: What To Know"},"content":{"rendered":"<div>\n<p><strong>Iris Energy Limited <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/IREN#NASDAQ\">IREN<\/a>) shares are trading higher Friday after the company released its September investor update. Here&#8217;s a look at the <a href=\"https:\/\/www.benzinga.com\/pressreleases\/24\/10\/g41184132\/september-2024-monthly-investor-update\">details from the report<\/a>.<\/p>\n<p><strong>The Details:<\/strong><\/p>\n<p>Iris Energy mined 347 <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) in September and achieved a 42% increase in revenue to $21.4 million for the month. The increased revenue reflects the company&#8217;s ramp-up in capacity through September which now stands at 21 EH\/s installed. The company expects to reach a capacity of 31 EH\/s in the fourth quarter of 2024.\u00a0<\/p>\n<p>Iris Energy reported electricity costs of $23,000 per Bitcoin, a 21% reduction from the previous month, reflective of the company&#8217;s improving fleet efficiency.\u00a0<\/p>\n<p><strong>Read Next: <\/strong><a href=\"https:\/\/www.benzinga.com\/news\/large-cap\/24\/10\/41169979\/whats-going-on-with-nvidia-stock\"><strong>Nvidia Shares Are Moving Higher: What\u2019s Happening?<\/strong><\/a><\/p>\n<p>The company said it purchased an additional 1,080 NVIDIA H200 GPUs, bringing &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41186003\/bitcoin-miner-iris-energy-releases-september-update-what-to-know\" alt=\"Bitcoin\" miner iris energy releases september update: what to know>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Iris Energy Limited (NASDAQ:IREN) shares are trading higher Friday after the company released its September investor update. Here&#8217;s a look at the details from the report. The Details: Iris Energy mined 347 Bitcoin (CRYPTO: BTC) in September and achieved a 42% increase in revenue to $21.4 million for the month. The increased revenue reflects the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-697","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/697","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=697"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/697\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}