Iris Energy is making progress in expanding its bitcoin mining operation in Childress, with 80MW of additional data centers currently under construction. In September 2023, Iris Energy achieved an average operating hashrate of 5,554 PH/s and mined 390 Bitcoins, generating mining revenue of US$10,278. The company also partnered with NVIDIA to integrate H100 GPUs into its data centers, showcasing its commitment to embracing innovative technology and sustainable practices in the industry. Overall, Iris Energy reported a record revenue of $75.5 million for its 2023 financial year, representing a 28% increase.

AI Sentiment: Positive