Bitcoin Miner Iris Energy Reports Record Earnings, With Expansion on Track

The company said construction at its Mackenzie facility in British Columbia is ahead of schedule with commissioning of the first 0.3 EH/s expected early in the second quarter this year, followed by full ramp up to 1.5 EH/s in Q3. Another British Columbia facility, Prince George is on track to deliver 1.4 EH/s mining capacity in Q3 2022, with expansion to 2.4 EH/s expected in 2023.

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