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Planned Childress Bitcoin-mining data center, about $1.4B estimated cost

Company: IREN

Subject kind
facility timeline
Statement date
2024-10-14
Promised amount
1400000000.0 USD
Current status
stated

The claim, verbatim

The property owner anticipates building and operating a proprietary data center and related electrical infrastructure for Bitcoin mining. The estimated cost of the total contemplated improvements is approximately $1.4 billion.

Source (primary)

Childress County TX tax abatement - 30 day Notice Amended and Restated Agreement Iris Energy -Clarendon College (October 14, 2024) (CHILDRESS_CO_TX, records_response)
View cached copy (2026-10-17)Live source ↗

Quote: “Property Owner anticipates building and operating a proprietary data center and other electrical infrastructure related to the mining of Bitcoin. ... The estimated cost of the total improvements being contemplated by Property Owner is approximately $1,400,000,000.00”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Childress County TX tax abatement - 30 day Notice Amended and Restated Agreement Iris Energy -Clarendon College (October 14, 2024)

Quote: “Property Owner anticipates building and operating a proprietary data center and other electrical infrastructure related to the mining of Bitcoin. ... The estimated cost of the total improvements being contemplated by Property Owner is approximately $1,400,000,000.00”

View cached copy (2026-10-17)Live source ↗