jain.com

Hashrate expansion to 20 EH/s in September 2024

Company: IREN

Subject kind
facility capacity
Statement date
2024-09-15
Promised by
2024-09-30
Current status
verified

What the later record shows

Delivered; the record does not say when

Later updates show hashrate reached 21 EH/s by the end of October 2024, and the original 20 EH/s target was exceeded by year-end. No passage says whether installed capacity reached 20 EH/s by September 30, 2024.

“Monthly revenue: Increased by 32% to $28.2m, driven by ramp-up in operating hashrate to 21 EH/s”
2024-11-05 · iren 8-K exhibit (irenoctober2024monthlyin.htm) View cached copy (2026-10-25)Live source ↗
“28 EH/s installed capacity at month- end, up by 33% from 21 EH/s”
2024-12-05 · iren 8-K exhibit (nov2024monthlyupdatevdc.htm) View cached copy (2026-10-24)Live source ↗
“31 EH/s year-end target achieved (original target of 20 EH/s), highlight video here”
2025-01-06 · iren 8-K exhibit (irendec2024monthlyupdate.htm) View cached copy (2026-10-21)Live source ↗

Checked October 28, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

IREN's hashrate expansion is on track to reach 20 EH/s this month (September 2024).

Source (primary)

iren 8-K exhibit (irennvidiah200purchasevf.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-28)Live source ↗

Quote: “with expansion on track to 20 EH/s (this month)”

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 (irennvidiah200purchasevf.htm)

Quote: “with expansion on track to 20 EH/s (this month)”

View cached copy (2026-10-28)Live source ↗

confirms iren 8-K exhibit (irendec2024monthlyupdate.htm)

Quote: “31 EH/s year-end target achieved (original target of 20 EH/s), highlight video here”

View cached copy (2026-10-21)Live source ↗

confirms iren 8-K exhibit (nov2024monthlyupdatevdc.htm)

Quote: “28 EH/s installed capacity at month- end, up by 33% from 21 EH/s”

View cached copy (2026-10-24)Live source ↗

confirms iren 8-K exhibit (irenoctober2024monthlyin.htm)

Quote: “Monthly revenue: Increased by 32% to $28.2m, driven by ramp-up in operating hashrate to 21 EH/s”

View cached copy (2026-10-25)Live source ↗

Record of changes

October 28, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 28, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.