jain.com

10 EH/s operating hashrate in May 2024

Company: IREN

Subject kind
guidance
Statement date
2024-04-28
Promised by
2024-05-31
Promised amount
10.0
Current status
verified

What the later record shows

Delivered on time · happened May 14, 2024

IREN's May 14, 2024 materials state hashrate capacity of approximately 10 EH/s, within the promised May 2024 window. The figure is described as capacity rather than operating hashrate.

“As of May 14, 2024, we have approximately 260MW of data center capacity and hashrate capacity of approximately 10 EH/s across our sites in BC (160MW) and Texas (100MW).”
2024-05-14 · iren 8-K exhibit (ef20027345_ex99-4.htm) View cached copy (2026-11-05)Live source ↗

Checked November 8, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

IREN expects to reach 10 EH/s of operating hashrate in May 2024.

Source (primary)

iren 8-K exhibit (ef20027927_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-08)Live source ↗

Quote: “The Company now also expects to achieve 10 EH/s in May 2024.”

How we checked this

Checked on November 9, 2026. The cited source supports every part of this claim.

The release says the company now expects to achieve 10 EH/s in May 2024, following its update that operating hashrate had reached 9 EH/s.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000114036124022673/ef20027927_ex99-1.htm) in full (12,180 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms iren 8-K exhibit (ef20027927_ex99-1.htm)

Quote: “The Company now also expects to achieve 10 EH/s in May 2024.”

View cached copy (2026-11-08)Live source ↗

confirms iren 8-K exhibit (ef20027345_ex99-4.htm)

Quote: “As of May 14, 2024, we have approximately 260MW of data center capacity and hashrate capacity of approximately 10 EH/s across our sites in BC (160MW) and Texas (100MW).”

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

Record of changes

November 8, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 8, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.