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20 EH/s Bitcoin mining in 2024

Company: IREN

Subject kind
guidance
Statement date
2024-03-31
Promised by
2024-12-31
Current status
verified

What the later record shows

Delivered on time · happened September 30, 2024

The September 2024 update shows 21 EH/s total operating. By year-end, 31 EH/s was achieved against the original 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 targets 20 EH/s of Bitcoin mining hashrate in 2024.

Source (primary)

iren 8-K exhibit (ef20025647_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-08)Live source ↗

Quote: “460MW of data centers and 20 EH/s of Bitcoin mining in 2024”

How we checked this

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

The release states 20 EH/s of Bitcoin mining in 2024 and describes expanding to 20 EH/s in 2024.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000114036124016752/ef20025647_ex99-1.htm) in full (14,965 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms iren 8-K exhibit (ef20025647_ex99-1.htm)

Quote: “460MW of data centers and 20 EH/s of Bitcoin mining in 2024”

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

confirms iren 8-K exhibit (irendec2024monthlyupdate.htm)

Quote: “31 EH/s year-end target achieved (original target of 20 EH/s), highlight video here”

View cached copy (2026-10-21)Live source ↗

confirms iren 8-K exhibit (irensepmonthlyupdate4oct.htm)

Quote: “Childress (Texas, USA) 200 11.1 Complete Operating Total Operating 360 21”

View cached copy (2026-10-26)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.