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Seeking Alpha 2023-06-06 11:37:42

Iris Energy mines 59% more bitcoins in May

Bitcoin mining data centers company Iris Energy ( NASDAQ: IREN ) said on Tuesday that it mined 508 bitcoins in May, up 59% from last month. The company said it increased average operating hashrate by 39% to 5.5 EH/s from 4.0 EH/s in April. The mining revenue stood at $13.53M, +50% from April. IREN shares were trading +2.85% pre-market. Source: Press Release

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