Australian mining company Iris Energy has reached an agreement with Bitmain to purchase 7,000 of the latest generation Antminer S21 devices for a price of $19.6 million, with delivery expected in early 2024. Iris Energy will prepay $16.7 million before shipment and pay the remaining $2.9 million, with a maximum delay of one year. Miners will cost the company $14 per TH/s. According to the hash rate index, as of the writing of this article, the market price for devices with energy consumption levels below 25J/TH is $15.95 per TH/s.
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