Expansion to 31 EH/s capacity in Q4 2024
Company: IREN
What the later record shows
Delivered; the record does not say when
Installed hashrate reached about 50 EH/s by June 2025, which exceeds 31 EH/s. No passage says whether 31 EH/s was reached in Q4 2024.
“As of June 30, 2025, we have approximately 810MW of operating data center capacity and an installed hashrate capacity of approximately 50 EH/s”
2025-08-27 · IREN 10-K filed 2025-08-28 View cached copy (2026-08-31)Live source ↗
“We previously announced a pause in further Bitcoin mining expansion after reaching 50 EH/s of self-mining capacity at our sites in June, 2025.”
2025-08-27 · IREN 10-K filed 2025-08-28 View cached copy (2026-08-31)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
The Company's expansion to 31 EH/s in Q4 2024 remains on track.
Source (primary)
IREN 6-K filed 2024-09-23 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Company's expansion to 31 EH/s in 4Q 2024 remains on track”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The 6-K filed September 23, 2024 states verbatim that the company's expansion to 31 EH/s in 4Q 2024 remains on track, which matches the claim exactly.
Confirmed in the source:
- Iris Energy Limited (dba IREN) stated in its September 23, 2024 Form 6-K that its expansion to 31 EH/s was planned for Q4 2024
- The company stated that this expansion to 31 EH/s in Q4 2024 remained on track
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1878848/000187884824000014/a6-kcover.htm) in full (1,828 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN 6-K filed 2024-09-23
Quote: “The Company's expansion to 31 EH/s in 4Q 2024 remains on track”
confirms IREN 10-K filed 2025-08-28
Quote: “As of June 30, 2025, we have approximately 810MW of operating data center capacity and an installed hashrate capacity of approximately 50 EH/s”