{"id":482539,"date":"2022-08-09T00:30:00","date_gmt":"2022-08-08T21:30:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/australia-based-crypto-miner-doubles-hash-rate-after-energizing-canadian-rigs\/"},"modified":"2022-08-09T00:30:00","modified_gmt":"2022-08-08T21:30:00","slug":"australia-based-crypto-miner-doubles-hash-rate-after-energizing-canadian-rigs","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/australia-based-crypto-miner-doubles-hash-rate-after-energizing-canadian-rigs\/","title":{"rendered":"# Australia-based crypto miner doubles hash rate after energizing Canadian rigs"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a39bd706ec9c\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a39bd706ec9c\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/australia-based-crypto-miner-doubles-hash-rate-after-energizing-canadian-rigs\/#%E2%80%9D_Australia-based_crypto_miner_doubles_hash_rate_after_energizing_Canadian_rigs_%E2%80%9C\" >&#8221; Australia-based crypto miner doubles hash rate after energizing Canadian rigs &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Australia-based_crypto_miner_doubles_hash_rate_after_energizing_Canadian_rigs_%E2%80%9C\"><\/span>&#8221; Australia-based crypto miner doubles hash rate after energizing Canadian rigs &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDgvMjg4NjMxYTctMGI4ZS00MDc3LTliZjctYjhiOGZmZWM5MzVkLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-28d77a7a>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.<\/p>\n<p>In a Monday announcement, Iris Energy <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.globenewswire.com\/news-release\/2022\/08\/08\/2493786\/0\/en\/Iris-Energy-Doubles-Operating-Capacity-to-2-3-EH-s.html\">said<\/a> 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. <\/p>\n<p>Iris Energy co-founder and co-CEO Daniel Roberts said the firm had energized the facility on schedule \u201cdespite the current market backdrop and ongoing international supply chain challenges.\u201d The firm planned to deploy additional miners in August to increase its total hash rate to 6 EH\/s.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24IREN&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$IREN<\/a> today announced it has doubled operating capacity to &gt;2.3 EH\/s.<\/p>\n<p>The first 1.5 EH\/s (50MW) at its second operating site in Mackenzie, BC, has been fully energized ahead of schedule.<\/p>\n<p>On track for 3.7 EH\/s by the end of next month, deployment options underway for 6.0 EH\/s.<\/p>\n<p>\u2014 Iris Energy (@irisenergyco) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/irisenergyco\/status\/1556613624495370240?ref_src=twsrc%5Etfw\">August 8, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nThe mining firm secured $19.5 million in equity funding and $3.9 million in debt during a pre-IPO funding round in December 2020, and shares started trading on the Nasdaq in November 2021. At the time of publication, the price of shares was $5.30, having risen by roughly 12% in the last 24 hours.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Controlling 17% of BTC hash rate: Report on publicly listed mining firms<\/em><\/strong><\/p>\n<p><strong><em><\/em><\/strong>Iris said it invested in data centers powered by renewable energy amid controversy surrounding the environmental impact of crypto miners. Though many proponents have pointed to examples including crypto miners using the power produced by natural gas that would otherwise be burned, some policymakers in the United States\u00a0have called mining \u201cproblematic\u201d for energy use and emissions.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/australia-based-crypto-miner-doubles-hash-rate-after-energizing-canadian-rigs\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Australia-based crypto miner doubles hash rate after energizing Canadian rigs &#8220; 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&#8230;<\/p>\n","protected":false},"author":1,"featured_media":482540,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDgvMjg4NjMxYTctMGI4ZS00MDc3LTliZjctYjhiOGZmZWM5MzVkLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74989,75462,117,22974],"class_list":["post-482539","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin-mining","tag-hash-rate","tag-business","tag-canada"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/482539","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=482539"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/482539\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/482540"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=482539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=482539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=482539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}