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Australia-based crypto miner doubles hash rate after energizing Canadian rigs

Published 08/08/2022, 05:30 PM
Updated 08/08/2022, 07:00 PM
Australia-based crypto miner doubles hash rate after energizing Canadian rigs
BTC/USD
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Australian Bitcoin miner Iris Energy said it had increased its hash rate to more than 2.3 exahashes per second following the completion of phase two of its operations in Mackenzie, Canada.

In a Monday announcement, Iris Energy said it had brought 41 megawatts of operating capacity in the British Columbia municipality online roughly two months ahead of schedule, adding 1.5 EH/s to its existing hash rate. In addition, the Bitcoin (BTC) miner expects to bring another 50 MW online in Prince George by the end of the third quarter of 2022, increasing its operating capacity to 3.7 EH/s.

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