Canal Flats

April 2024 Monthly Investor Update

Retrieved on: 
星期一, 五月 6, 2024
Electricity, Guarantee of origin, Canal Flats, REC, Dell Technologies, GPU

(May 16, 2024)

Key Points: 
  • (May 16, 2024)
    Dell Technologies World (May 20 - 23, 2024)
    B Riley Annual Investor Conf.
  • (May 22 - 23, 2024)
    GenAI Summit San Francisco (May 29 - 31, 2024)
    Comprises actual power usage for Canal Flats, Mackenzie, Prince George, and Childress.
  • The Company’s Childress site has been powered by 100% renewable energy since inception via the purchase of RECs.
  • Final decisions with respect to exercising miner purchase options will be made during 2024 taking into consideration market and funding conditions.

Iris Energy Announces Monthly Investor Update for January 2024

Retrieved on: 
星期三, 二月 7, 2024
Bitcoin, T21, Miner, Canal Flats, Mining, Economics, Electricity, Silviculture

SYDNEY, Australia, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) ("Iris Energy" or "the Company"), a leading owner and operator of institutional-grade, highly efficient proprietary Bitcoin mining data centers powered by 100% renewable energy, today published a monthly investor update for January 2024, containing its results from operations as well as business updates.

Key Points: 
  • If the miner purchase options are exercised in full, overall fleet efficiency for 20 EH/s would improve to 21.9 J/TH.
  • The project achieved average monthly operating hashrate of 838 PH/s in January compared to 829 PH/s last month.
  • The project achieved average monthly operating hashrate of 2,578 PH/s in January compared to 2,574 PH/s last month.
  • Childress update (1.1 EH/s, 40MW operational / 260MW under construction) – Texas, USA
    Childress has been powered by 100% renewable energy since inception via the purchase of RECs.

Iris Energy Announces Monthly Investor Update for December 2023

Retrieved on: 
星期五, 一月 5, 2024
Bitcoin, T21, Community, Economics, Student, Acquisition, Mining, Electricity, Christmas, Canal Flats, Silviculture

SYDNEY, Australia, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) ("Iris Energy" or "the Company"), a leading owner and operator of institutional-grade, highly efficient proprietary Bitcoin mining data centers powered by 100% renewable energy, today published a monthly investor update for December 2023, containing its results from operations as well as business updates.

Key Points: 
  • On December 21, 2023, the Company provided a business update.
  • Canal Flats update (0.8 EH/s, 30MW capacity) – BC, Canada
    Canal Flats has been powered by 100% renewable energy since inception5.
  • Prince George update (1.6 EH/s, 50MW capacity) – BC, Canada
    Prince George has been powered by 100% renewable energy since inception5.
  • Childress update (0.6 EH/s, 20MW operating / 80MW under construction) – Texas, USA
    Childress has been powered by 100% renewable energy since inception via the purchase of RECs.

Iris Energy Announces Monthly Investor Update for November 2023

Retrieved on: 
星期三, 十二月 6, 2023
Bitcoin, Economics, Chemistry, Acquisition, Mining, Electricity, Meal, Miner, Meals on Wheels, Organization, Canal Flats, Wine

SYDNEY, Australia, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) ("Iris Energy" or "the Company"), a leading owner and operator of institutional-grade, highly efficient proprietary Bitcoin mining data centers powered by 100% renewable energy, today published a monthly investor update for November 2023, containing its results from operations as well as business updates.

Key Points: 
  • Canal Flats update (0.8 EH/s, 30MW capacity) – BC, Canada
    Canal Flats has been powered by 100% renewable energy since inception6.
  • The project achieved average monthly operating hashrate of 840 PH/s in November compared to 841 PH/s last month.
  • Prince George update (1.6 EH/s, 50MW capacity) – BC, Canada
    Prince George has been powered by 100% renewable energy since inception6.
  • Childress update (0.6 EH/s, 20MW operating / 80MW under construction) – Texas, USA
    Childress has been powered by 100% renewable energy since inception via the purchase of RECs.

Iris Energy Announces Monthly Investor Update for October 2023

Retrieved on: 
星期二, 十一月 7, 2023
Bitcoin, Mining, WEKA, Economics, Canal Flats, Acquisition, Electricity, Data management, Growth, CRC, Partnership, GPU, AI, Bank, Rail transport, Cryptocurrency, Tourism, Renewable energy, Silviculture

SYDNEY, Australia, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) ("Iris Energy" or "the Company"), a leading owner and operator of institutional-grade, highly efficient proprietary Bitcoin mining data centers powered by 100% renewable energy, today published a monthly investor update for October 2023, containing its results from operations as well as business updates.

Key Points: 
  • As part of the partnership, Iris Energy will utilize the WEKA® Data Platform to provide storage and data management solutions for generative AI and performance-intensive workloads.
  • The site tour showcased the:
    Canal Flats update (0.8 EH/s, 30MW capacity) – BC, Canada
    Canal Flats has been powered by 100% renewable energy since inception7.
  • Prince George update (1.6 EH/s, 50MW capacity) – BC, Canada
    Prince George has been powered by 100% renewable energy since inception7.
  • Iris Energy was pleased to host the inaugural Community Grants Recipient Event in Prince George, BC.

Iris Energy Announces Monthly Investor Update for September 2023

Retrieved on: 
星期四, 十月 5, 2023
Bitcoin, System, Childress, AI, CRC, Electricity, Canal Flats, Growth, Prince George, College of New Caledonia, Cryptocurrency, Renewable energy, Wine

SYDNEY, Australia, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) ("Iris Energy" or "the Company"), a leading owner and operator of institutional-grade, highly efficient proprietary Bitcoin mining data centers powered by 100% renewable energy, today published a monthly investor update for August 2023, containing its results from operations as well as business updates.

Key Points: 
  • Iris Energy partnered with AI Hardware and Systems and presented at the 6th Annual AI Hardware & Edge AI Summit, September 12-14, 2023.
  • The Iris Energy team discussed the Company’s next-generation data centers capable of powering Bitcoin, AI and beyond:
    Canal Flats update (0.8 EH/s, 30MW capacity) – BC, Canada
    Canal Flats has been powered by 100% renewable energy since inception10.
  • The project achieved average monthly operating hashrate of 835 PH/s in September compared to 823 PH/s last month.
  • Prince George update (1.6 EH/s, 50MW capacity) – BC, Canada
    Prince George has been powered by 100% renewable energy since inception10.

Iris Energy Announces Monthly Investor Update for August 2023

Retrieved on: 
星期三, 九月 6, 2023
Bitcoin, Food, Canal, Lheidli T'enneh Band, Electricity, Life, Plant, Fire department, NVIDIA, Growth, Mackenzie, Robotics, Cryptocurrency, Video game, Renewable energy, Silviculture, Canal Flats

SYDNEY, Australia, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) ("Iris Energy" or "the Company"), a leading owner and operator of institutional-grade, highly efficient proprietary Bitcoin mining data centers powered by 100% renewable energy, today published a monthly investor update for August 2023, containing its results from operations as well as business updates.

Key Points: 
  • As a result, Iris Energy was effectively paid ~$28k per Bitcoin to take power at Childress and generated a further ~$28k per Bitcoin in mining revenue (i.e.
  • The Company was able to capitalize on heightened energy market volatility, dynamically trading Bitcoin mining profitability against electricity market pricing to drive down net electricity costs.
  • Prince George update (1.6 EH/s, 50MW capacity) – BC, Canada
    Prince George has been powered by 100% renewable energy since inception8.
  • Childress update (0.6 EH/s, 20MW operating / 80MW under construction) – Texas, USA
    Childress has been powered by 100% renewable energy since inception via the purchase of RECs.

Iris Energy Announces Monthly Investor Update for July 2023

Retrieved on: 
星期四, 八月 3, 2023
Bitcoin, BRP, VMware, Microsoft Video 1, Maintenance, Meta, Capital market, Eastern Time Zone, Audit, Canal Flats, Electricity, Canaccord Genuity, Equity, Research fellow, Prince George, Video (2 Plus 1 album), Mining, HPC, Vulnerability and Risk Committee, Sunita, Growth, Mackenzie, Economics, Independent, Management, Cryptocurrency, Video game, Renewable energy, Silviculture, Genentech, Apple

SYDNEY, Australia, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) ("Iris Energy" or "the Company"), a leading owner and operator of institutional-grade, highly efficient proprietary Bitcoin mining data centers powered by 100% renewable energy, today published a monthly investor update for July 2023, containing its results from operations as well as business updates.

Key Points: 
  • HPC and AI), the economics of Bitcoin mining and the attributes that set Iris Energy apart.
  • Canal Flats update (0.8 EH/s, 30MW capacity) – BC, Canada
    Canal Flats has been powered by 100% renewable energy since inception4.
  • Prince George update (1.6 EH/s, 50MW capacity) – BC, Canada
    Prince George has been powered by 100% renewable energy since inception4.
  • Applications are currently being accepted for the 2023 Community Grants Program for Childress, with Iris Energy to invest up to US$100,000 into local non-profit organizations in the community.

Iris Energy Announces Monthly Investor Update for June 2023

Retrieved on: 
星期五, 七月 7, 2023
Electricity, Lheidli T'enneh Band, Canal Flats, Indigenous, Elder, School, Traction, Childress, HPC, Growth, Mackenzie, House, Conference, GPU, Video game, Cryptocurrency, Machine shop, Pharmaceutical industry, Renewable energy, Silviculture, Bitcoin

SYDNEY, Australia, July 07, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) ("Iris Energy" or "the Company"), a leading owner and operator of institutional-grade, highly efficient proprietary Bitcoin mining data centers powered by 100% renewable energy, today published a monthly investor update for June 2023, containing its results from operations as well as business updates.

Key Points: 
  • On June 20, Iris Energy announced its expansion plan to 9.1 EH/s and revitalization of its HPC strategy.
  • The project achieved average monthly operating hashrate of 831 PH/s in June compared to 809 PH/s last month.
  • Prince George update (1.6 EH/s, 50MW capacity) – BC, Canada
    Prince George has been powered by 100% renewable energy since inception9.
  • Childress update (0.6 EH/s, 20MW capacity / 80MW under construction) – Texas, USA
    Childress has been powered by 100% renewable energy since inception via the purchase of RECs.

Iris Energy Announces Monthly Investor Update for May 2023

Retrieved on: 
星期二, 六月 6, 2023
Bitcoin, Life, Electricity, Lheidli T'enneh Band, Teaching, Canal Flats, Miner, Childress, Prince George, Engineering, Webcast, Growth, Mackenzie, RCGT, Siberian Coal Energy Company, Security (finance), Cryptocurrency, Machine shop, Renewable energy, Silviculture

SYDNEY, Australia, June 06, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) ("Iris Energy" or "the Company"), a leading owner and operator of institutional-grade, highly efficient proprietary Bitcoin mining data centers powered by 100% renewable energy, today published a monthly investor update for May 2023, containing its results from operations as well as business updates.

Key Points: 
  • On May 10, Iris Energy provided an investor update.
  • Canal Flats update (0.8 EH/s, 30MW capacity) – BC, Canada
    Canal Flats has been powered by 100% renewable energy since inception5.
  • Prince George update (1.6 EH/s, 50MW capacity) – BC, Canada
    Prince George has been powered by 100% renewable energy since inception5.
  • Childress update (0.6 EH/s, 20MW capacity / 20MW under construction) – Texas, USA
    Childress has been powered by 100% renewable energy since inception via the purchase of RECs.