Investment Insight | The future of crypto mining is sustainable

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"As we discussed two weeks ago in our Investment Insight about Allbirds, we’re always looking for opportunities to buy shares in innovative companies at the IPO stage. This is why we’ve just invested in Iris Energy’s IPO on the NASDAQ. Iris Energy is a Bitcoin mining company with a difference: it uses only renewable energy to power its mining operations.

"The total size of the Bitcoin mining industry in 2021 is estimated to be US$16bn, with significant scope for growth in the coming years. Iris Energy represents an important and necessary step forward for this industry: a future where crypto mining operations can make a meaningful difference to carbon emissions and to the communities they operate in..."


Read more about Bitcoin's energy consumption and the investment case for Iris Energy below.

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