Iris Energy, a Bitcoin mining company, has released its investor update for August. From July 23 to August 23, the company's Bitcoin production was 410 coins, a decrease of approximately 3% compared to July. The revenue per BTC in August was $27,939, resulting in a mining income of approximately $11.45 million. The average operating hash rate in August was 5,493 PH/s, a decrease of 1.241% compared to July. However, due to the voluntary reduction of power supply at the Childress base in Texas during peak demand periods, Iris Energy's electricity sales in August were approximately $2.3 million, offsetting some of the decline.
