jain.com

GPUs ~$14-17m annualized hardware profit

Company: IREN

Subject kind
guidance
Statement date
2024-06-05
Current status
stated

The claim, verbatim

IREN estimates its 816 GPUs generate about $14-17m of annualized hardware profit, implying a payback of about 24 months.

Source (primary)

iren 8-K exhibit (ef20030723_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-04)Live source ↗

Quote: “816 GPUs generates an estimated ~$14-$17m of annualized hardware profit (~24 month payback)”

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 (ef20030723_ex99-1.htm)

Quote: “816 GPUs generates an estimated ~$14-$17m of annualized hardware profit (~24 month payback)”

View cached copy (2026-11-04)Live source ↗