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Mining company IREN achieved a record revenue of $86 million in July, producing 728 BTC.
PANews August 6 news, according to GlobeNewswire, Nasdaq-listed mining company IREN announced its July operational data, with revenue of $86 million and hardware profit of $66 million, both setting new monthly records. The average Computing Power for the month was 45.4 EH/s, producing 728 BTC, with revenue of $114,900 per Bitcoin. The AI Cloud business has additional procurement of about 2,400 NVIDIA B200/B300 GPUs, with the first batch of 256 fully signed; the Childress 50 MW liquid-cooled AI data center is expected to be put into operation in the fourth quarter of 2025.