According to Foresight News, Bitcoin miner Iris Energy (IREN) released its financial report, with annual revenue from Bitcoin mining reaching a record high of US$184 million, an increase of 144% from US$75.5 million in fiscal 2023.

The computing power doubled year-on-year, from 5.6 EH/s to 10 EH/s, and the mining volume reached a record high of 4,191 BTC, compared with 3,259 BTC in the previous fiscal year.