10 EH/s of Bitmain T21 miners secured via fixed-price contracts
Company: IREN
The claim, verbatim
IREN said it has secured 10 EH/s of new Bitmain T21 miners through fixed-price contracts for its H2 2024 expansion. These consist of purchase options for 9 EH/s plus additional miner purchases of 1 EH/s. Whether to exercise all, some or none of the options will be decided during 2024, and the options may instead be used to upgrade the existing fleet.
Source (primary)
iren 8-K exhibit (ef20022447_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-10)Live source ↗
Quote: “10 EH/s of new Bitmain T21 miners 1 secured via fixed price contracts”
How we checked this
Checked on November 11, 2026. The cited source supports every part of this claim.
The release's H2 2024 entry and its footnote establish the fixed-price Bitmain T21 position, its 9 EH/s and 1 EH/s composition, the 2024 decision timing and the fleet-upgrade flexibility.
Confirmed in the source:
- IREN listed 10 EH/s of new Bitmain T21 miners secured via fixed price contracts under its H2 2024 expansion
- The 10 EH/s comprises miner purchase options with Bitmain for 9 EH/s of T21 miners plus additional miner purchases of 1 EH/s
- IREN said decisions on exercising all, some or none of the miner purchase options will be made during 2024
- IREN said it retains flexibility to use the miner purchase options to upgrade some or all of its existing fleet
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000114036124009334/ef20022447_ex99-1.htm) in full (12,720 characters, retrieved November 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms iren 8-K exhibit (ef20022447_ex99-1.htm)
Quote: “10 EH/s of new Bitmain T21 miners 1 secured via fixed price contracts”