IrisEnergy hashrate increased 14% in December

Iris Energy (IREN), a NASDAQ-listed bitcoin miner, reported to the United States Securities and Exchange Commission (SEC) that its average hash rate increased 14% month-on-month in December 2021, while its operating profit was down 6.4%. . golden financial report). . The calculated power of miners on the Bitcoin network reached 748 petahash / s (PH / s) from 657 PH / s in November. The Australian company rated it for a set of 1,666 Bitmain Antminer S19j Pro miners. Iris Energy mined 124 bitcoins in December and 113 bitcoins in November. Dollar operating profit fell 6.4% to $ 6.2 million over the same period, as Bitcoin mined revenue fell 14.8% and electricity bills by Bitcoin rose 4.6%. The company said the drop in revenue was due to falling Bitcoin prices and an increase in the difficulty of mining. Iris Energy sales in November fell 10%. Iris Energy shares are up 0.81% pre-market at the time of the press release. is