Bitcoin mining hashrate target 20 EH/s in 2024
Company: IREN
What the later record shows
Delivered on time · happened September 30, 2024
Total operating hashrate reached 21 EH/s in the September 2024 update. It was 31 EH/s by the end of 2024, exceeding the 20 EH/s target.
“Childress (Texas, USA) 200 11.1 Complete Operating Total Operating 360 21”
2024-10-03 · iren 8-K exhibit (irensepmonthlyupdate4oct.htm) View cached copy (2026-10-26)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 8, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
IREN plans to expand Bitcoin mining capacity to 20 EH/s during 2024.
Source (primary)
iren 8-K exhibit (ef20026073_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-08)Live source ↗
Quote: “8 EH/s operating, 20 EH/s in 2024”
How we checked this
Checked on November 9, 2026. The cited source supports every part of this claim.
The update lists '8 EH/s operating, 20 EH/s in 2024' and describes the 2024 expansion to 20 EH/s.
Confirmed in the source:
- IREN plans to expand Bitcoin mining capacity to 20 EH/s in 2024
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000114036124017811/ef20026073_ex99-1.htm) in full (16,971 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms iren 8-K exhibit (ef20026073_ex99-1.htm)
Quote: “8 EH/s operating, 20 EH/s in 2024”
confirms iren 8-K exhibit (irendec2024monthlyupdate.htm)
Quote: “31 EH/s year-end target achieved (original target of 20 EH/s), highlight video here”
confirms iren 8-K exhibit (irensepmonthlyupdate4oct.htm)
Quote: “Childress (Texas, USA) 200 11.1 Complete Operating Total Operating 360 21”