Iris Energy
The cryptocurrency is mined by Iris Energy Ltd. It develops, owns, and manages Bitcoin mining facilities and electrical infrastructure, with a focus on using green energy. The company makes money through its mining operations by exchanging Bitcoin (earned through a combination of block rewards and transaction fees) for fiat currencies like US dollars and Canadian dollars on a daily basis.
Iris Energy is worth approximately $0.22 billion as of April 2023. Based on its current market capitalization, Iris Energy is the 6003rd most valuable company in the world. Iris Energy has reported a TTM revenue of $46.91 million as of the end of the most recent reporting period. In 2021, sales were $26.24 million for the corporation.
Founded: 2019
Headquarters: Level 12, 44 Market Street, Sydney, New South Wales 2000, Australia
Website: https://www.irisenergy.co/