jain.com

Hashrate to 10 EH/s in H1 2024

Company: IREN

Subject kind
guidance
Statement date
2024-03-05
Promised by
2024-06-30
Promised amount
10.0
Current status
verified

What the later record shows

Delivered on time · happened June 5, 2024

The June 5, 2024 update says hashrate had expanded to 10 EH/s operating, which is before the H1 2024 deadline. The May update had already expected 10 EH/s in May.

“9.4 EH/s operating, 10 EH/s in May • Expansion ahead of schedule • 816 NVIDIA H100 GPUs”
2024-05-05 · iren 8-K exhibit (ef20028541_ex99-1.htm) View cached copy (2026-11-06)Live source ↗
“Average operating hashrate of 9.4 EH/s (now expanded to 10 EH/s)”
2024-06-05 · iren 8-K exhibit (ef20030723_ex99-1.htm) View cached copy (2026-11-04)Live source ↗

Checked November 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

IREN targets 10 EH/s in H1 2024; 7 EH/s is installed and the remaining 3 EH/s is to be commissioned.

Source (primary)

iren 8-K exhibit (ef20023430_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-09)Live source ↗

Quote: “H1 2024 (10 EH/s) - 7 EH/s installed, remaining 3 EH/s to be commissioned”

How we checked this

Checked on November 10, 2026. The cited source supports every part of this claim.

The update states 'H1 2024 (10 EH/s) - 7 EH/s installed, remaining 3 EH/s to be commissioned.'

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000114036124011575/ef20023430_ex99-1.htm) in full (16,339 characters, retrieved November 9, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms iren 8-K exhibit (ef20023430_ex99-1.htm)

Quote: “H1 2024 (10 EH/s) - 7 EH/s installed, remaining 3 EH/s to be commissioned”

View cached copy (2026-11-09)Live source ↗

confirms iren 8-K exhibit (ef20030723_ex99-1.htm)

Quote: “Average operating hashrate of 9.4 EH/s (now expanded to 10 EH/s)”

View cached copy (2026-11-04)Live source ↗

confirms iren 8-K exhibit (ef20028541_ex99-1.htm)

Quote: “9.4 EH/s operating, 10 EH/s in May • Expansion ahead of schedule • 816 NVIDIA H100 GPUs”

View cached copy (2026-11-06)Live source ↗

Record of changes

November 9, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 9, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.