Anticipated hashrate capacity across all mining sites
Company: IREN
What the later record shows
Delivered late · happened June 30, 2025
At August 31, 2023, only 180 MW and 5.6 EH/s were operating, well short of 15.2 EH/s and 530 MW. Operating capacity reached 10.0 EH/s by June 2024 and 810 MW and 50.0 EH/s by June 2025, but at BC and Texas sites only, not Asia-Pacific.
“Total Operating (Canada & USA) 180 5.6 Childress (Texas, USA) 80 3.5 Under construction”
2023-09-12 · IREN 424B3 filed 2023-09-13 View cached copy (2026-09-13)Live source ↗
“Childress BTC Mining (Texas, USA) 650 40.1 Operating Total Operating 810 50.0”
2025-08-27 · IREN 10-K filed 2025-08-28 View cached copy (2026-08-31)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Sites across BC, Texas, and Asia-Pacific anticipated to support operating and contracted nameplate hashrate capacity of 15.2 EH/s, equating to approximately 530 MW of data center capacity when online and fully operational
Source (primary)
IREN 424B4 filed 2021-11-18 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “These sites are anticipated to support our operating and contracted nameplate hashrate capacity of 15.2 EH/s, equating to approximately 530 MW of data center capacity when online and fully operational”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The prospectus says the company has rights to sites across BC, Texas and Asia-Pacific. It says these sites are anticipated to support 15.2 EH/s, or approximately 530 MW, when fully operational.
Confirmed in the source:
- Iris Energy has rights to sites across British Columbia, Texas and Asia-Pacific
- These sites are anticipated to support operating and contracted nameplate hashrate capacity of 15.2 EH/s
- This equates to approximately 530 MW of data center capacity when online and fully operational
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1878848/000114036121038558/ny20000275x14_424b4.htm) in full (785,405 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN 424B4 filed 2021-11-18
Quote: “These sites are anticipated to support our operating and contracted nameplate hashrate capacity of 15.2 EH/s, equating to approximately 530 MW of data center capacity when online and fully operational”
confirms IREN 10-K filed 2025-08-28
Quote: “Childress BTC Mining (Texas, USA) 650 40.1 Operating Total Operating 810 50.0”
confirms IREN 424B3 filed 2023-09-13
Quote: “Total Operating (Canada & USA) 180 5.6 Childress (Texas, USA) 80 3.5 Under construction”