Expansion plan increased to 30 EH/s by end of 2024
Company: IREN
What the later record shows
Outcome not yet confirmed
No passage says whether installed capacity reached 30 EH/s by end of 2024. The only data point is an average operating hashrate of 22.7 EH/s for Q4 2024, which is an average and not installed capacity.
“Average operating hashrate increased to 43.0 EH/s for the three months ended December 31, 2025 as compared to 22.7 EH/s for the three months ended December 31, 2024.”
2026-02-04 · IREN 10-Q filed 2026-02-05 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 previously announced 2024 expansion plan to 20 EH/s has been increased to 30 EH/s
Source (primary)
IREN 6-K filed 2024-05-15 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “the Company's previously announced 2024 expansion plan to 20 EH/s has been increased to 30 EH/s”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
Iris Energy's May 15, 2024 Form 6-K states that its previously announced 2024 expansion plan of 20 EH/s has been increased to 30 EH/s.
Confirmed in the source:
- Iris Energy had previously announced a 2024 expansion plan targeting 20 EH/s
- Iris Energy increased that 2024 expansion plan to 30 EH/s
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1878848/000114036124026268/ef20027345_6k.htm) in full (15,411 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN 6-K filed 2024-05-15
Quote: “the Company's previously announced 2024 expansion plan to 20 EH/s has been increased to 30 EH/s”