{"id":122553,"date":"2025-08-31T08:36:22","date_gmt":"2025-08-31T08:36:22","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/122553\/"},"modified":"2025-08-31T08:36:22","modified_gmt":"2025-08-31T08:36:22","slug":"iren-bitcoin-miner-profits-soar-with-ai-cloud-computing-expansion-news-and-statistics","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/122553\/","title":{"rendered":"IREN Bitcoin Miner Profits Soar with AI Cloud Computing Expansion &#8211; News and Statistics"},"content":{"rendered":"<p>\n\t\t\t\t\t\t\t\t\t\t\t\tAug 29, 2025\t\t\t\t\t<\/p>\n<p>Bitcoin miner <a href=\"https:\/\/app.indexbox.io\/companies\/profile\/5681915\/\" target=\"_blank\" rel=\"noopener nofollow\">IREN<\/a> <a href=\"https:\/\/www.indexbox.io\/store\/branch\/blockchain-cryptocurrencies\/\" target=\"_blank\" rel=\"nofollow noopener\">reported its first<\/a> full-year net profit following its expansion into artificial intelligence cloud computing and an increase in operational capacity with more efficient mining equipment. According to a <a href=\"https:\/\/finance.yahoo.com\/news\/iren-posts-first-full-profit-083624890.html\" target=\"_blank\" rel=\"nofollow noopener\">source<\/a>, the company&#8217;s net income for the year ended June 30 was $86.9 million, a significant improvement from the previous year&#8217;s loss of $28.9 million.<\/p>\n<p>Revenue more than doubled to a record $501 million as the firm boosted its production capacity to 50 exahashes per second. Adjusted EBITDA surged to $269.7 million, nearly five times higher than the prior year. The company&#8217;s mining operations now generate over $1 billion in annualized revenue, while its nascent AI cloud unit is projected to reach up to $250 million in annualized revenue by December. IREN has already deployed 10,900 <a href=\"https:\/\/app.indexbox.io\/companies\/profile\/742093\/\" target=\"_blank\" rel=\"noopener nofollow\">NVIDIA<\/a> GPUs and has infrastructure capable of supporting over 60,000 GPUs across its sites.<\/p>\n<p>With nearly 3 gigawatts of contracted power, the company is positioned as one of the fastest-growing in its sector. Data from the IndexBox platform indicates that this level of energy access is critical for scaling high-performance computing operations in both crypto and AI. IREN&#8217;s market capitalization of $5.3 million is now close to surpassing its largest rival, MARA Holdings, which is valued at just under $6 billion. The stock rose 13% in pre-market trading, extending its year-to-date gain to over 120%.<\/p>\n<p>Source: <a href=\"https:\/\/app.indexbox.io\/report\" rel=\"nofollow noopener\" target=\"_blank\">IndexBox Market Intelligence Platform<\/a>\n\t\t\t\t\t\t<\/p>\n<p>\t\t1. INTRODUCTION<\/p>\n<p class=\"text-secondary fs-6\">Making Data-Driven Decisions to Grow Your Business<\/p>\n<p>\t\t\t\tREPORT DESCRIPTION<br \/>\n\t\t\t\tRESEARCH METHODOLOGY AND THE AI PLATFORM<br \/>\n\t\t\t\tDATA-DRIVEN DECISIONS FOR YOUR BUSINESS<br \/>\n\t\t\t\tGLOSSARY AND SPECIFIC TERMS<\/p>\n<p>\t\t2. EXECUTIVE SUMMARY<\/p>\n<p class=\"text-secondary fs-6\">A Quick Overview of Market Performance<\/p>\n<p>\t\t\t\tKEY FINDINGS<br \/>\n\t\t\t\tMARKET TRENDS <a class=\"px-2\" href=\"https:\/\/www.indexbox.io\/licenses\/\" target=\"_blank\" rel=\"nofollow noopener\">This Chapter is Available Only for the Professional Edition<\/a>PRO<\/p>\n<p>\t\t3. MARKET OVERVIEW<\/p>\n<p class=\"text-secondary fs-6\">Understanding the Current State of The Market and its Prospects<\/p>\n<p>\t\t\t\tMARKET SIZE: HISTORICAL DATA (2012\u20132024) AND FORECAST (2025\u20132035)<br \/>\n\t\t\t\tCONSUMPTION BY COUNTRY: HISTORICAL DATA (2012\u20132024) AND FORECAST (2025\u20132035)<br \/>\n\t\t\t\tMARKET FORECAST TO 2035<\/p>\n<p>\t\t4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION<\/p>\n<p class=\"text-secondary fs-6\">Finding New Products to Diversify Your Business<\/p>\n<p>\t\t\t\tTOP PRODUCTS TO DIVERSIFY YOUR BUSINESS<br \/>\n\t\t\t\tBEST-SELLING PRODUCTS<br \/>\n\t\t\t\tMOST CONSUMED PRODUCTS<br \/>\n\t\t\t\tMOST TRADED PRODUCTS<br \/>\n\t\t\t\tMOST PROFITABLE PRODUCTS FOR EXPORT<\/p>\n<p>\t\t5. MOST PROMISING SUPPLYING COUNTRIES<\/p>\n<p class=\"text-secondary fs-6\">Choosing the Best Countries to Establish Your Sustainable Supply Chain<\/p>\n<p>\t\t\t\tTOP COUNTRIES TO SOURCE YOUR PRODUCT<br \/>\n\t\t\t\tTOP PRODUCING COUNTRIES<br \/>\n\t\t\t\tTOP EXPORTING COUNTRIES<br \/>\n\t\t\t\tLOW-COST EXPORTING COUNTRIES<\/p>\n<p>\t\t6. MOST PROMISING OVERSEAS MARKETS<\/p>\n<p class=\"text-secondary fs-6\">Choosing the Best Countries to Boost Your Export<\/p>\n<p>\t\t\t\tTOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT<br \/>\n\t\t\t\tTOP CONSUMING MARKETS<br \/>\n\t\t\t\tUNSATURATED MARKETS<br \/>\n\t\t\t\tTOP IMPORTING MARKETS<br \/>\n\t\t\t\tMOST PROFITABLE MARKETS<\/p>\n<p>\t\t7. PRODUCTION<\/p>\n<p class=\"text-secondary fs-6\">The Latest Trends and Insights into The Industry<\/p>\n<p>\t\t\t\tPRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012\u20132024) AND FORECAST (2025\u20132035)<br \/>\n\t\t\t\tPRODUCTION BY COUNTRY: HISTORICAL DATA (2012\u20132024) AND FORECAST (2025\u20132035)<\/p>\n<p>\t\t8. IMPORTS<\/p>\n<p class=\"text-secondary fs-6\">The Largest Import Supplying Countries<\/p>\n<p>\t\t\t\tIMPORTS: HISTORICAL DATA (2012\u20132024) AND FORECAST (2025\u20132035)<br \/>\n\t\t\t\tIMPORTS BY COUNTRY: HISTORICAL DATA (2012\u20132024) AND FORECAST (2025\u20132035)<br \/>\n\t\t\t\tIMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012\u20132024) AND FORECAST (2025\u20132035)<\/p>\n<p>\t\t9. EXPORTS<\/p>\n<p class=\"text-secondary fs-6\">The Largest Destinations for Exports<\/p>\n<p>\t\t\t\tEXPORTS: HISTORICAL DATA (2012\u20132024) AND FORECAST (2025\u20132035)<br \/>\n\t\t\t\tEXPORTS BY COUNTRY: HISTORICAL DATA (2012\u20132024) AND FORECAST (2025\u20132035)<br \/>\n\t\t\t\tEXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012\u20132024) AND FORECAST (2025\u20132035)<\/p>\n<p>\t\t10. PROFILES OF MAJOR PRODUCERS<\/p>\n<p class=\"text-secondary fs-6\">The Largest Producers on The Market and Their Profiles<\/p>\n<p>\t\t &#13;<br \/>\n                        11. COUNTRY PROFILES&#13;<\/p>\n<p class=\"text-secondary fs-6\">The Largest Markets And Their Profiles<\/p>\n<p>&#13;<br \/>\n                        <a class=\"pe-2 fs-5 mb-2\" target=\"_blank\" href=\"https:\/\/www.indexbox.io\/licenses\/\" rel=\"nofollow noopener\">This Chapter is Available Only for the Professional Edition<\/a>&#13;<br \/>\n                        PRO&#13;<br \/>\n                        &#13;<br \/>\n                            United States&#13;<br \/>\n                            China&#13;<br \/>\n                            Japan&#13;<br \/>\n                            Germany&#13;<br \/>\n                            United Kingdom&#13;<br \/>\n                            France&#13;<br \/>\n                            Brazil&#13;<br \/>\n                            Italy&#13;<br \/>\n                            Russian Federation&#13;<br \/>\n                            India&#13;<br \/>\n                            Canada&#13;<br \/>\n                            Australia&#13;<br \/>\n                            Republic of Korea&#13;<br \/>\n                            Spain&#13;<br \/>\n                            Mexico&#13;<br \/>\n                            Indonesia&#13;<br \/>\n                            Netherlands&#13;<br \/>\n                            Turkey&#13;<br \/>\n                            Saudi Arabia&#13;<br \/>\n                            Switzerland&#13;<br \/>\n                            Sweden&#13;<br \/>\n                            Nigeria&#13;<br \/>\n                            Poland&#13;<br \/>\n                            Belgium&#13;<br \/>\n                            Argentina&#13;<br \/>\n                            Norway&#13;<br \/>\n                            Austria&#13;<br \/>\n                            Thailand&#13;<br \/>\n                            United Arab Emirates&#13;<br \/>\n                            Colombia&#13;<br \/>\n                            Denmark&#13;<br \/>\n                            South Africa&#13;<br \/>\n                            Malaysia&#13;<br \/>\n                            Israel&#13;<br \/>\n                            Singapore&#13;<br \/>\n                            Egypt&#13;<br \/>\n                            Philippines&#13;<br \/>\n                            Finland&#13;<br \/>\n                            Chile&#13;<br \/>\n                            Ireland&#13;<br \/>\n                            Pakistan&#13;<br \/>\n                            Greece&#13;<br \/>\n                            Portugal&#13;<br \/>\n                            Kazakhstan&#13;<br \/>\n                            Algeria&#13;<br \/>\n                            Czech Republic&#13;<br \/>\n                            Qatar&#13;<br \/>\n                            Peru&#13;<br \/>\n                            Romania&#13;<br \/>\n                            Vietnam<br \/>\n\t\tLIST OF TABLES<\/p>\n<p>\t\t\t\tKey Findings In 2024<br \/>\n\t\t\t\tMarket Volume, In Physical Terms: Historical Data (2012\u20132024) and Forecast (2025\u20132035)<br \/>\n\t\t\t\tMarket Value: Historical Data (2012\u20132024) and Forecast (2025\u20132035)<br \/>\n\t\t\t\tPer Capita Consumption, by Country, 2022\u20132024<br \/>\n\t\t\t\tProduction, In Physical Terms, By Country: Historical Data (2012\u20132024) and Forecast (2025\u20132035)<br \/>\n\t\t\t\tImports, In Physical Terms, By Country: Historical Data (2012\u20132024) and Forecast (2025\u20132035)<br \/>\n\t\t\t\tImports, In Value Terms, By Country: Historical Data (2012\u20132024) and Forecast (2025\u20132035)<br \/>\n\t\t\t\tImport Prices, By Country: Historical Data (2012\u20132024) and Forecast (2025\u20132035)<br \/>\n\t\t\t\tExports, In Physical Terms, By Country: Historical Data (2012\u20132024) and Forecast (2025\u20132035)<br \/>\n\t\t\t\tExports, In Value Terms, By Country: Historical Data (2012\u20132024) and Forecast (2025\u20132035)<br \/>\n\t\t\t\tExport Prices, By Country: Historical Data (2012\u20132024) and Forecast (2025\u20132035)<\/p>\n<p>\t\tLIST OF FIGURES<\/p>\n<p>\t\t\t\tMarket Volume, In Physical Terms: Historical Data (2012\u20132024) and Forecast (2025\u20132035)<br \/>\n\t\t\t\tMarket Value: Historical Data (2012\u20132024) and Forecast (2025\u20132035)<br \/>\n\t\t\t\tConsumption, by Country, 2024<br \/>\n\t\t\t\tMarket Volume Forecast to 2035<br \/>\n\t\t\t\tMarket Value Forecast to 2035<br \/>\n\t\t\t\tMarket Size and Growth, By Product<br \/>\n\t\t\t\tAverage Per Capita Consumption, By Product<br \/>\n\t\t\t\tExports and Growth, By Product<br \/>\n\t\t\t\tExport Prices and Growth, By Product<br \/>\n\t\t\t\tProduction Volume and Growth<br \/>\n\t\t\t\tExports and Growth<br \/>\n\t\t\t\tExport Prices and Growth<br \/>\n\t\t\t\tMarket Size and Growth<br \/>\n\t\t\t\tPer Capita Consumption<br \/>\n\t\t\t\tImports and Growth<br \/>\n\t\t\t\tImport Prices<br \/>\n\t\t\t\tProduction, In Physical Terms: Historical Data (2012\u20132024) and Forecast (2025\u20132035)<br \/>\n\t\t\t\tProduction, In Value Terms: Historical Data (2012\u20132024) and Forecast (2025\u20132035)<br \/>\n\t\t\t\tProduction, by Country, 2024<br \/>\n\t\t\t\tProduction, In Physical Terms, by Country: Historical Data (2012\u20132024) and Forecast (2025\u20132035)<br \/>\n\t\t\t\tImports, In Physical Terms: Historical Data (2012\u20132024) and Forecast (2025\u20132035)<br \/>\n\t\t\t\tImports, In Value Terms: Historical Data (2012\u20132024) and Forecast (2025\u20132035)<br \/>\n\t\t\t\tImports, In Physical Terms, By Country, 2024<br \/>\n\t\t\t\tImports, In Physical Terms, By Country: Historical Data (2012\u20132024) and Forecast (2025\u20132035)<br \/>\n\t\t\t\tImports, In Value Terms, By Country: Historical Data (2012\u20132024) and Forecast (2025\u20132035)<br \/>\n\t\t\t\tImport Prices, By Country: Historical Data (2012\u20132024) and Forecast (2025\u20132035)<br \/>\n\t\t\t\tExports, In Physical Terms: Historical Data (2012\u20132024) and Forecast (2025\u20132035)<br \/>\n\t\t\t\tExports, In Value Terms: Historical Data (2012\u20132024) and Forecast (2025\u20132035)<br \/>\n\t\t\t\tExports, In Physical Terms, By Country, 2024<br \/>\n\t\t\t\tExports, In Physical Terms, By Country: Historical Data (2012\u20132024) and Forecast (2025\u20132035)<br \/>\n\t\t\t\tExports, In Value Terms, By Country: Historical Data (2012\u20132024) and Forecast (2025\u20132035)<br \/>\n\t\t\t\tExport Prices, By Country: Historical Data (2012\u20132024) and Forecast (2025\u20132035)<\/p>\n","protected":false},"excerpt":{"rendered":"Aug 29, 2025 Bitcoin miner IREN reported its first full-year net profit following its expansion into artificial intelligence&hellip;\n","protected":false},"author":2,"featured_media":122554,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[78496,181,71502,5311,191,5905,7258,15408,78493,78495,78494,74],"class_list":["post-122553","post","type-post","status-publish","format-standard","has-post-thumbnail","category-computing","tag-accelerated-computing","tag-artificial-intelligence","tag-bitcoin-mining","tag-cloud-computing","tag-computing","tag-cryptocurrency","tag-data-centers","tag-high-performance-computing","tag-iren","tag-mara-holdings","tag-nvidia-gpus","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/122553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=122553"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/122553\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/122554"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=122553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=122553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=122553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}