Nearly 60% of people believe using #AI will compromise their environmental sustainability efforts, according to a recent Dell Technologies study.

At #DellTechWorld last week, Chief Commercial Officer Kent Draper discussed how $IREN is solving this challenge with its next generation data

July 2021 $IREN investor presentation.

Thematic remains on track.

IREN

Co-Founder & Co-CEO Daniel Roberts of IREN joins #My2Sats to talk:

-> #Bitcoin mining & data centers

-> relationship of #AI & $BTC

-> the future outlook for $IREN

My favorite quote 🔥
'The cost of production often dictates the long term value of a commodity, and

Growing quickly but always optimizing.

$IREN IREN

Childress Phase 1 ✅

On to Phase 2 (100MW) - foundation work well underway on all four data centers 🚧

On track for 20 EH/s in 3Q 2024 📈

$IREN reported its 3Q FY24 results

- Record revenue, Adj. EBITDA & operating cashflow
- $47.9m operating cashflow in FY24 YTD
- $8.6m NPAT in 3Q
- $321.5m cash, no debt
- Expansion increased to 30 EH/s in 2024
- Scaling AI Cloud Services
- Unlocking value from 3GW portfolio

$IREN's 3Q FY24 Results Webcast is taking place at 5.00pm USA EDT today! Register below.

$IREN Chief Commercial Officer Kent Draper discusses the synergies between AI Cloud Services and Bitcoin Mining with McNallie Money

#AI   #Bitcoin

$IREN will be attending B Riley Securities’ 24th Annual Institutional Investor Conference on May 22-23, 2024 in Beverly Hills, CA.

We look forward to seeing you there!

$IREN will release its 3Q FY24 Results on Wednesday, May 15, 2024 (USA EDT).

Conference call to be held at 5:00 p.m. USA EDT (7:00 a.m. AEST, Thursday, May 16, 2024).

Register here:
onlinexperiences.com/scripts/Server…

$IREN Apr-24 Update

- 358 #Bitcoin mined, $23.7m revenue
- 9.4 EH/s operating, 20 EH/s in 2024
- Expansion fully funded & ahead of schedule
- Data center capacity in 2024 upsized to 510MW
- Upsized & extended contract with poolside
- 3Q FY24 results release on May 15

$IREN

$IREN provided a business update

- Operating hashrate increased to 9 EH/s
- Expect to achieve 10 EH/s in the coming weeks
- Fully funded expansion to 20 EH/s in 2024 remains on track
- Increasing planned data center capacity in 2024 from 460MW to 510MW

“People are finding it more difficult to get access to power-dense data center infrastructure and more generally, to land and power.”

$IREN Chief Commercial Officer Kent Draper highlighting the benefits of our secured power capacity of 2,160MW.

Full interview with McNallie Money

$IREN Co-Founder & Co-CEO Will Roberts talking renewable energy and the positive impact #Bitcoin mining can have on electricity grids at the home of What Bitcoin Did in Bedford, UK

$IREN provided a business update

- Previously announced 3-month AI cloud services agreement with poolside

- Agreement now upsized from 248 to 504 NVIDIA H100 GPUs

- Additional 4-month term from mid-April 24, and extension option for a further 2 months

$IREN Mar-24 Update

- 353 #Bitcoin mined, $23.7m revenue
- 8 EH/s operating, 20 EH/s in 2024
- Expansion fully funded
- New and optimized DC design expediting construction timelines
- NVIDIA H100 GPUs: 248 operating + 568 commissioning
- Quarterly reporting to start 31 Mar Qtr

$IREN provided a business update

- 2024 expansion now fully funded (460MW DCs & 20 EH/s #Bitcoin mining)
- Quarterly reporting to start 31 Mar Qtr
- 248 GPUs operating + 568 GPUs being commissioned
- 8 EH/s currently operating + additional 12 EH/s to be installed through 2024

$IREN AI Cloud Services.

GPU Cloud for tomorrow's #generativeAI .