$30m cost per EH/s
Company: IREN
The claim, verbatim
IREN estimates it costs $30m to deliver 1 EH/s (hardware plus infrastructure capex), versus a $120m market valuation per EH/s.
Source (primary)
iren 8-K exhibit (nov2024monthlyupdatevdc.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-24)Live source ↗
Quote: “1 EH/s = $30m cost to deliver vs. $120m market valuation”
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 iren 8-K exhibit (nov2024monthlyupdatevdc.htm)
Quote: “1 EH/s = $30m cost to deliver vs. $120m market valuation”