Iris Energy (IREN) has announced impressive growth in its Bitcoin mining operations, reporting a 450% increase in hashrate and a remarkable 77% profit margin on hardware. In December alone, the company mined 529 Bitcoins, resulting in $52.1 million in revenue. They aim to reach a mining capacity of 50 EH/s by mid-2025. Additionally, Iris Energy ...
CleanSpark Inc., a leader in Bitcoin mining, reported significant growth in its operations for December 2024, mining 668 Bitcoin and achieving a total of 7,024 Bitcoin for the year. The company experienced remarkable 287.9% growth in hashrate, improving its efficiency by 33.3% year over year. With an end-of-month hashrate of 39.1 EH/s and enhancements in ...
CleanSpark Inc., a leading U.S. bitcoin miner, reported impressive accomplishments for December 2024, mining 668 bitcoins and a total of 7,024 for the year. The company’s hash rate grew by 287.9%, with improved efficiency year over year. CEO Zach Bradford highlighted a significant operational leap, achieving 39.1 EH/s hash rate and expanding to three new ...
CleanSpark Inc., a leading Bitcoin miner in the U.S., achieved remarkable growth in December 2024, mining 668 bitcoins and totaling 7,024 bitcoins for the year. The company reported a 287.9% increase in hashrate and a 33.3% boost in efficiency. CEO Zach Bradford highlighted their progress, reaching a hashrate of 39.1 EH/s and enhancing operational efficiency. ...
