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Hashrate expansion to 20 EH/s by 3Q 2024

Company: IREN

Subject kind
facility timeline
Statement date
2024-05-14
Promised by
2024-09-30
Promised amount
20.0
Current status
verified

What the later record shows

Delivered on time · happened September 30, 2024

IREN reported hashrate capacity of approximately 21 EH/s as of September 30, 2024, so the expansion to 20 EH/s was met within 3Q 2024. This figure is capacity rather than average operating hashrate.

“As of September 30, 2024, we have approximately 360MW of data center capacity and hashrate capacity of approximately 21 EH/s across our sites in BC (160MW) and Texas (200MW).”
2025-03-19 · iren 8-K exhibit (irenlimited-exx992sep2024x.htm) View cached copy (2026-10-18)Live source ↗

Checked November 5, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

IREN scheduled its hashrate expansion from 10 EH/s to 20 EH/s for the third quarter of 2024.

Source (primary)

iren 8-K exhibit (ef20027345_ex99-2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-05)Live source ↗

Quote: “10 EH/s to 20 EH/s (3Q 2024)”

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 (ef20027345_ex99-2.htm)

Quote: “10 EH/s to 20 EH/s (3Q 2024)”

View cached copy (2026-11-05)Live source ↗

confirms iren 8-K exhibit (irenlimited-exx992sep2024x.htm)

Quote: “As of September 30, 2024, we have approximately 360MW of data center capacity and hashrate capacity of approximately 21 EH/s across our sites in BC (160MW) and Texas (200MW).”

View cached copy (2026-10-18)Live source ↗

Record of changes

November 5, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 5, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.