Bitcoin Mining Masterclass with Dan Roberts (WiM194)
The "What is Money?" Show
00:00
Iris Energy - Mining Efficiency
Iris energy recently put out a twet saying that it was the leader in mining efficiency last month. In terms of mine efficiency, you said it's, it's kind of bitcoin per output of unit of computing capacity. And yes, been doing extremely well on that. Business has been set up on the basis of not taking short cuts and managing risk. We don't do shipping containers, m yoow,. Every time the en temperature hits 27 28 degrees celsius, which is wat 70, 75 degrees fahrenheit, these computers choke on themselves then shut down. But one of the biggest impacts for us is the impact on asset life. These assets all last really a really long time
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