🎉 Gate xStocks Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
📝 Share your trading experience or screenshots on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 July 3, 7:00 – July 9,
Bitcoin miner Iris Energy Limited (NASDAQ:IREN) recently announced that it has increased its total Computing Power to 9 EH/s, expects to reach 10 EH/s by May, and plans to expand to 20 EH/s by the end of the year. In addition, the Iris mining rig is ready to increase its efficiency to 21.9 J/t.
Iris also said that an additional 50 megawatts of capacity will be added if Childress Phase 3 is completed later this year. By the end of 2024, this expansion will increase the company's data center capacity from 460 MW to 510 MW. The upcoming 50-megawatt addition is partly due to new substation designs, as well as improvements and efficiencies in the company's construction and acquisition processes.
After Halving, miners are in a rough patch as their expected value drops to $48.62 after previously earning more than $100 per PH/s per day (hash price). To mitigate some of the losses, miners like Iris have expanded to provide artificial intelligence (AI) computing data.
#ContentStar# #Gate post Highlights#
#HotTopicDiscussion# #BountyCreator#
#GateLive# #NewsMessenger#