Binding hardware purchase contracts with Bitmain
Company: IREN
The claim, verbatim
Binding purchase contracts with Bitmain for Antminer S19j and S19j Pro miners with aggregate nameplate hashrate capacity of 14.5 EH/s, deliveries October 2021 through September 2023, resulting in average hardware efficiency of 30 W/TH and increasing total company hashrate capacity to 15.2 EH/s
Source (primary)
IREN 424B4 filed 2021-11-18 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “we have entered into binding hardware purchase contracts with Bitmain Technologies Limited, a leading producer of Bitcoin mining hardware, to acquire new generation miners, Antminer S19j and Antminer S19j Pro, with an aggregate nameplate hashrate capacity of 14.5 EH/s and deliveries commencing in October 2021 and ending in September 2023, which is expected to increase our operating and contracted nameplate hashrate capacity to 15.2 EH/s and result in an average nameplate hardware efficiency of approximately 30 W/TH”
How we checked this
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Additional evidence
confirms IREN 424B4 filed 2021-11-18
Quote: “we have entered into binding hardware purchase contracts with Bitmain Technologies Limited, a leading producer of Bitcoin mining hardware, to acquire new generation miners, Antminer S19j and Antminer S19j Pro, with an aggregate nameplate hashrate capacity of 14.5 EH/s and deliveries commencing in October 2021 and ending in September 2023, which is expected to increase our operating and contracted nameplate hashrate capacity to 15.2 EH/s and result in an average nameplate hardware efficiency of approximately 30 W/TH”