jain.com

30 EH/s hashrate target by 4Q 2024

Company: IREN

Subject kind
guidance
Statement date
2024-05-14
Promised by
2024-12-31
Promised amount
30.0 units
Current status
verified

What the later record shows

Delivered on time · happened December 31, 2024

IREN reported that installed capacity reached 31 EH/s during December 2024, exceeding the 30 EH/s expected in 4Q 2024. Average operating hashrate for December was lower, at 28.1 EH/s.

“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 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 raised its 2024 expansion plan from 20 EH/s to 30 EH/s and expects to reach 30 EH/s in 4Q 2024.

Source (primary)

iren 8-K exhibit (ef20027345_ex99-5.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-05)Live source ↗

Quote: “IREN now expects to achieve 20 EH/s in 3Q 2024 and 30 EH/s in 4Q 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_ex99-5.htm)

Quote: “IREN now expects to achieve 20 EH/s in 3Q 2024 and 30 EH/s in 4Q 2024”

View cached copy (2026-11-05)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

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.