Bitcoin miner irisenergyco increased its hashrate estimate for the end of the year to 4.3 EH/s, but hinted that its potential 3 EH/s site in Texas will be delayed. By egreechee
Bitcoin mining firm Iris Energy increased its hashrate expectation to 4.3 exahash/second for the year.
Previously, the Australia-based miner said its hashrate would increase to 3.7 EH/s by year end.
A company spokesperson repeated the language of the filing when CoinDesk asked to clarify if the Childress facility is on hold. The bitcoin miner has already made a $130 million payment on mining rigs over the expected 4.3 EH/s, and has a contract to buy $400 million of machines from Bitmain. Iris Energy also decided not to pursue any financing options to maintain"balance sheet flexibility" as market conditions deteriorate. Many miners have used at-the-market equity offerings and
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