816 GPUs estimated hardware profit of $14-17m
Company: IREN
The claim, verbatim
IREN estimates its 816 GPUs generate about $14-17 million of illustrative annualized hardware profit, with a payback of about 24 months, assuming $2.00-2.50 per GPU hour revenue and $0.05/kWh electricity.
Source (primary)
iren 8-K exhibit (ef20028541_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-06)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 (ef20028541_ex99-1.htm)
Quote: “816 GPUs generates an estimated ~$14-$17m of annualized hardware profit (~24 month payback)”