Fully funded expansion to 20 EH/s in 2024
Company: IREN
What the later record shows
Delivered; the record does not say when
The January 2025 monthly update shows operating hashrate of 21.1 EH/s at Childress plus 5.2, 3.0 and 1.6 EH/s at the BC sites, about 30.9 EH/s in total, which is well above 20 EH/s. No passage states the date 20 EH/s was first reached.
“Operating (350MW) | 21.1 EH/s Under Construction H1 2025 (300MW) H2 2025 (100MW) Grid-Connected Power Secured 510MW Operating”
2025-02-05 · iren 8-K exhibit (janmonthlyupdatevff.htm) View cached copy (2026-10-20)Live source ↗
“Childress, TX 750MW Site Overview Operating | 5.2 EH/s Operating | 3.0 EH/s Operating | 1.6 EH/s”
2025-02-05 · iren 8-K exhibit (janmonthlyupdatevff.htm) View cached copy (2026-10-20)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 says its fully funded expansion to 20 EH/s in 2024 remains on track.
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: “IREN's fully funded expansion to 20 EH/s in 2024 remains on track”
How we checked this
Checked on November 9, 2026. The cited source supports every part of this claim.
The release states that IREN's fully funded expansion to 20 EH/s in 2024 remains on track.
Confirmed in the source:
- IREN describes its expansion to 20 EH/s as fully funded
- The expansion targets 20 EH/s in 2024
- IREN says the expansion remains on track
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: “IREN's fully funded expansion to 20 EH/s in 2024 remains on track”
confirms iren 8-K exhibit (janmonthlyupdatevff.htm)
Quote: “Operating (350MW) | 21.1 EH/s Under Construction H1 2025 (300MW) H2 2025 (100MW) Grid-Connected Power Secured 510MW Operating”