Iris Energy Joins CleanSpark, Marathon, Riot In Race For Bitcoin Mining Capacity Milestone By 2025: JPMorgan
Iris Energy Joins CleanSpark, Marathon, Riot In Race For Bitcoin Mining Capacity Milestone By 2025: JPMorgan
Iris Energy (NASDAQ:IREN) is charging ahead in the Bitcoin (CRYPTO: BTC) mining arena, setting its sights on a substantial leap in computational power.
摩根大通分析師Reginald L. Smith表示，Iris能源（納斯達克：IREN）在比特幣採礦領域取得了長足的發展，將計算能力大幅提升爲主要目標。
According to JPMorgan analyst Reginald L. Smith, the company has an ambitious target to reach 50 exahashes per second (EH/s) by 2025. This would align the company with U.S. mining giants like CleanSpark Inc (NASDAQ:CLSK), Marathon Digital Holdings Inc (NASDAQ:MARA) and Riot Platforms Inc (NASDAQ:RIOT).
根據摩根大通分析師Reginald L. Smith的說法，Iris能源計劃在2025年達到每秒50艾哈希（EH/s）的雄心壯志。這將使該公司與美國的採礦巨頭如CleanSpark（納斯達克：CLSK）、Marathon Digital Holdings（納斯達克：MARA）和Riot Platforms（納斯達克：RIOT）保持一致。
Iris Energer is "exiting prop power trading after reporting an outsized hedge loss in July," Smith says. This strategic move allows Iris Energy to concentrate on expanding its mining operations, aiming to maintain all-in-power costs within a competitive range of three to four cents per kilowatt-hour.
Smith表示，Iris能源在7月份出現了巨額對沖損失，正在「退出道具電力交易」。這一戰略舉措使Iris能源能夠專注於擴大其採礦運營，旨在將全球電力成本保持在每千瓦時三至四美分的競爭範圍內。
The company currently operates at 15 EH/s and plans to double its capacity to 30 EH/s by the end of 2024. The newly set goal of 50 EH/s by 2025, up from a previous target of 40 EH/s, would place Iris Energy among the top U.S.-listed miners, a cohort that includes CleanSpark, Marathon Digital, and Riot Platforms.
該公司目前的運營容量爲15艾哈希（EH/s），計劃到2024年底將其容量增加一倍，達到30艾哈希（EH/s）。Iris能源將既定目標從40艾哈希（EH/s）上調至2025年的50艾哈希（EH/s），使其成爲排名前列的美國上市礦工之一，這一群體包括CleanSpark、Marathon Digital和Riot Platforms。
Read Also: Should Marathon Digital Investors Be Worried? Bitcoin Miner's Stock Heads Toward A Death Cross
閱讀更多：馬拉松數字股票是否應該擔心？比特幣礦工的股票走勢進入"死亡交叉"
Iris Energy Climbs Hashrate Ranks
Iris能源的算力排名攀升
Smith highlights Iris Energy "energized 4.5 EH/s since the end of July."
Smith指出，自7月底以來，Iris能源的計算能力增加了4.5艾哈希（EH/s）。
Today, the company operates 15 EH/s, making it the fifth-largest publicly-listed miner by installed hashrate.
目前，該公司的運營容量爲15艾哈希（EH/s），使其成爲按安裝算力排名第五的上市礦工。
To support this growth, the company is improving its operational efficiency, aiming for a blended fleet efficiency of 15 joules per terahash (J/TH) once it hits 50 EH/s, a significant improvement from its current 19 J/TH.
爲了支持這一增長，該公司正在提高其運營效率，旨在達到50 EH/s時的混合艦隊效率爲15焦耳/太哈希（J/TH），這是相對於其當前的19 J/TH的顯著改善。
However, Smith cautions that while reaching 30 EH/s is fully funded, hitting the 50 EH/s target depends on executing ASIC purchase options successfully.
然而，史密斯警告說，雖然達到30 EH/s的目標已經有充足的資金支持，但是否能達到50 EH/s的目標取決於成功執行ASIC購買期權。
Iris Energy's Cloud Services is also booming. The segment's revenue soared to $2.5 million in the fourth quarter, more than doubling quarter-over-quarter. However, not all news was positive.
Iris Energy的雲服務也正在蓬勃發展。該部門的收入在第四季度飆升至250萬美元，環比增長超過一倍。然而，並非所有的消息都是積極的。
Poolside, one of the firm's "original partners," is not renewing its contract with Iris Energy. This development "surprised us," Smith said.
該公司稱泳池邊是他們的"原始合作伙伴"之一，但他們不會與Iris Energy續簽合同。這一消息"讓我們感到意外"，史密斯說。
Despite this setback, Iris Energy is exploring new partnerships. The company is also launching a pilot GPU program at its Childress facility in the second half of 2024.
儘管遇到這一挫折，Iris Energy正在尋求新的合作伙伴關係。該公司還計劃在2024年下半年在其Childress設施推出GPU試點計劃。
Ambitious, But Achievable
雄心勃勃，但是可以實現。
Financially, Iris Energy is well-positioned, exiting June with $405 million in cash and no debt.
在財務方面，Iris Energy處於良好的位置，在6月份以4050萬美元的現金和無債務退出。
However, operating expenses are increasing due to higher employee compensation and SG&A costs. This led to a $10 million sequential decline in adjusted EBITDA to $12 million.
然而，由於較高的員工薪酬和銷售總和行政費用，營業費用正在增加。這導致調整後的EBITDA連續下降1000萬美元，達到1200萬美元。
"The path to 50 EH/s is ambitious but achievable," Smith concludes, citing Iris Energy's strong cash position and focused operational strategy as key enablers of future growth.
分析師認爲，實現50 EH/s的目標是雄心勃勃但可實現的。Smith指出，Iris Energy強大的現金實力和專注的運營策略是未來增長的關鍵因素。
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Image: Illustrated with Midjourney
圖片：以Midjourney爲例進行說明
譯文內容由第三人軟體翻譯。