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Indicative $17k electricity cost per Bitcoin at 30 EH/s

Company: IREN

Subject kind
guidance
Statement date
2024-05-14
Promised amount
17000.0 USD
Current status
stated

The claim, verbatim

On completion of the 30 EH/s expansion, IREN expects nameplate fleet efficiency of 16 J/TH and an indicative electricity cost per Bitcoin mined of $17k.

Source (primary)

iren 8-K exhibit (ef20027345_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-05)Live source ↗

Quote: “Upon completion, nameplate fleet efficiency of 16 J/TH and indicative electricity cost per Bitcoin mined of $17k”

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_ex99-1.htm)

Quote: “Upon completion, nameplate fleet efficiency of 16 J/TH and indicative electricity cost per Bitcoin mined of $17k”

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