Crypto miner Iris Energy's Texas mine to reach 765MW of power capacity

Release time:2022-01-22 02:00 source:Internet Copy link share

According to a filing with the U.S. Securities and Exchange Commission (SEC), Australian crypto miner Iris Energy (IREN) has signed a partnership agreement with utility service provider AEP TEXAS to increase its crypto mining farm in Texas. 600MW of power capacity, increasing total capacity to 765MW (~22 EH/S1), Iris Energy paid a $19 million bond and connection fee. The data center in Texas is expected to be powered up in the first quarter of 2023, and the facility will boost Iris Energy’s total hash rate to 15.2 EH/s in 2023, the miner said.

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