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Pathway to 20 EH/s self-mining capacity in 2024

Company: IREN

Subject kind
guidance
Statement date
2024-02-14
Promised by
2024-12-31
Current status
verified

What the later record shows

Delivered on time · happened December 31, 2024

Capacity above 20 EH/s was in place at Childress alone by December 31, 2024. The miner mix changed along the way: the T21 options were amended so they could be taken as S21 Pro miners, and some were exercised that way.

“As of June 30, 2024, we had paid $79.4 million to exercise options for 17,950 S21 Pro miners, which were shipped in August 2024.”
2024-08-27 · IREN 20-F filed 2024-08-28 View cached copy (2026-08-31)Live source ↗
“as of December 31, 2024, has 350MW of data center capacity and hashrate capacity of approximately 21.1 EH/s”
2025-03-19 · iren 8-K exhibit (irenlimited-exx992dec2024x.htm) View cached copy (2026-10-18)Live source ↗
“Most of the initial 5,000 new-generation Bitmain T21 shipped in July 2024”
2025-03-19 · IREN 20-F/A filed 2025-03-20 View cached copy (2026-08-31)Live source ↗

Checked November 11, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

IREN announced a pathway to raise its self-mining capacity to as much as 20 EH/s in 2024, through buying an additional 1 EH/s of T21 miners plus 9 EH/s of T21 purchase options.

Source (primary)

iren 8-K exhibit (ef20015356_ex99-4.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-11)Live source ↗

Quote: “we announced a pathway to increasing our self-mining capacity up to 20 EH/s in 2024 through the purchase of an additional 1 EH/s of Bitmain T21 miners and 9 EH/s of Bitmain T21 miner purchase options”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms iren 8-K exhibit (ef20015356_ex99-4.htm)

Quote: “we announced a pathway to increasing our self-mining capacity up to 20 EH/s in 2024 through the purchase of an additional 1 EH/s of Bitmain T21 miners and 9 EH/s of Bitmain T21 miner purchase options”

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

confirms IREN 20-F filed 2024-08-28

Quote: “As of June 30, 2024, we had paid $79.4 million to exercise options for 17,950 S21 Pro miners, which were shipped in August 2024.”

View cached copy (2026-08-31)Live source ↗

confirms IREN 20-F/A filed 2025-03-20

Quote: “Most of the initial 5,000 new-generation Bitmain T21 shipped in July 2024”

View cached copy (2026-08-31)Live source ↗

confirms iren 8-K exhibit (irenlimited-exx992dec2024x.htm)

Quote: “as of December 31, 2024, has 350MW of data center capacity and hashrate capacity of approximately 21.1 EH/s”

View cached copy (2026-10-18)Live source ↗

Record of changes

November 11, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 11, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.