IREN Outperforms MARA in July Bitcoin Mining, Shares Rise 11%

TLDR IREN mined 728 Bitcoin in July, surpassing MARA’s 703 BTC despite having a smaller hashrate IREN shares soared 11.4% to $18.32 following the announcement, reaching a $4.11 billion market cap IREN achieved 90% fleet utilization with an average hashrate of 45.4 EH/s compared to MARA’s 75% utilization $2.3 million of IREN’s $86 million July [...]

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