Bitcoin

IREN has announced that upon reaching 31 EH/s capacity and achieving 15 J/TH efficiency, the all-in cash cost per mined Bitcoin will be only $30,000. This is significantly below the current market price of Bitcoin.
Lowering costs will allow the company to increase margins and strengthen financial stability. Compared to competitors whose costs can reach $50,000 or more, IREN appears more efficient.
Cost savings could lead to higher profits and increased dividends for shareholders. Investors are positive about IREN's efforts to optimize operational expenses.

IREN Reduces Bitcoin Mining Cost to $30,000 at 31 EH/s Capacity

Ultramining_Eng

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