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Hashrate expansion to 30 EH/s

Company: IREN

Subject kind
facility capacity
Statement date
2024-08-05
Promised by
2024-12-31
Current status
verified

What the later record shows

Delivered on time · happened December 31, 2024

Installed capacity reached 31 EH/s in December 2024 after Childress Phase 3 was completed, meeting the 4Q 2024 target. Nameplate fleet efficiency was 15 J/TH.

“Installed self-mining capacity increased to 31 EH/s during the month following completion of Childress Phase 3”
2025-01-06 · iren 8-K exhibit (irendec2024monthlyupdate.htm) View cached copy (2026-10-21)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 31, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

IREN targets 30 EH/s of installed hashrate in 4Q 2024, at a fleet efficiency of 16 J/TH, with Childress Phase 3.

Source (primary)

iren 8-K exhibit (irenjuly2024monthlyupdat.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-31)Live source ↗

Quote: “20 EH/s in 3Q, 30 EH/s in 4Q”

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 (irenjuly2024monthlyupdat.htm)

Quote: “20 EH/s in 3Q, 30 EH/s in 4Q”

View cached copy (2026-10-31)Live source ↗

confirms iren 8-K exhibit (irendec2024monthlyupdate.htm)

Quote: “Installed self-mining capacity increased to 31 EH/s during the month following completion of Childress Phase 3”

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

Record of changes

October 31, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 31, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.