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Fleet efficiency 24.8 J/TH at 10 EH/s

Company: IREN

Subject kind
guidance
Statement date
2024-02-06
Promised by
2024-06-30
Current status
verified

What the later record shows

Delivered; the record does not say when

The July 2024 update shows about 25 J/TH at 10 EH/s. The August 5, 2024 update reports a current fleet efficiency of 24 J/TH, which is better than 24.8. No passage says whether 24.8 J/TH was reached by June 30, 2024.

“Current fleet efficiency of 24 J/TH is expected to improve to 17 J/TH by the end of next month as part of the expansion to 20 EH/s”
2024-08-05 · iren 8-K exhibit (irenjuly2024monthlyupdat.htm) View cached copy (2026-10-31)Live source ↗

Checked November 12, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

With the H1 2024 expansion to 10 EH/s, overall fleet efficiency is expected to improve to 24.8 J/TH.

Source (primary)

iren 8-K exhibit (ef20020920_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-12)Live source ↗

Quote: “Overall fleet efficiency to improve to 24.8 J/TH”

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 (ef20020920_ex99-1.htm)

Quote: “Overall fleet efficiency to improve to 24.8 J/TH”

View cached copy (2026-11-12)Live source ↗

confirms iren 8-K exhibit (irenjuly2024monthlyupdat.htm)

Quote: “Current fleet efficiency of 24 J/TH is expected to improve to 17 J/TH by the end of next month as part of the expansion to 20 EH/s”

View cached copy (2026-10-31)Live source ↗

Record of changes

November 12, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 12, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.