Australian #BTC mining company Iris Energy Limited is set to acquire 8,380 new-generation T21 miners from Bitmain.
The company announced the purchase, which is worth $22.3 million, on December 15, 2023. This acquisition is part of the company's goal to expand its self-mining capacity, and it is expected to increase its total hash rate to 10 EH/s. The T21 miners are set for delivery in the second quarter of 2024, and the company currently operates data center facilities in different sites across North America, including locations in Canada and Texas. Iris Energy emphasizes that its operations use 100% renewable energy, with its Canadian sites generating 98% of their power from renewable sources. The company's expansion and increased mining capacity reflect its commitment to sustainable and renewable #Bitcoin mining practices.