IREN Limited Records Record BTC Mining Output in May

IREN Limited has achieved a new record in Bitcoin mining output for the month of May. The company mined a total of 627 BTC, marking their highest monthly output to date and exceeding expectations. This achievement highlights IREN’s operational efficiency and strategic execution in the competitive realm of Bitcoin mining. The increase from April 2024 (579 BTC) represents an impressive 8.3% growth. analysts attribute this success to a combination of efficient hardware deployment, optimized energy strategies, and robust operational management.