Mining company Iris Energy and the Chinese company Bitmain have entered into an agreement for the supply of equipment. Iris Energy is going to purchase 8380 ASICs for $22.3 million. Shipment of the miners is scheduled for the second quarter of 2024.
Australian mining company Iris Energy has placed a pre-order for a new batch of equipment for Bitcoin mining. She plans to increase the hashrate from 5.6 EH/s to 10 EH/s.
The purchase of 8,380 Bitmain miners is part of a plan to increase the company's production performance. The use of the S21 and T21 models is expected to increase overall energy efficiency to 24.8 J/TH.
According to preliminary data, Iris Energy is going to purchase miners from a Chinese manufacturer for $22.3 million. The purchase of equipment will cost the company $14 per TH/s. Shipment of miners is scheduled for the second quarter of 2024.
Let us recall that in October, the Bitcoin miner entered into an agreement with a Chinese manufacturer to purchase 7,000 Antminer S21 for $19.6 million. According to the Hashrate Index , quotes for devices with a level of less than 25 J/TH are $13.54 at the time of writing.
On December 10, Bitcoin mining difficulty decreased by 0.96% for the first time since mid-September. The average hashrate was 463.92 EH/s.
For more information about what this indicator is and what role it plays in the industry, read our article:
