IREN
IREN (formerly Iris Energy)
- Seam
- Mining to HPC
- Status
- Mainnet
- Live since
- 2018
- Verified
- 2026-09-12
The one operator already delivering GPU capacity rather than announcing it.
Project site ↗Sourced figures
- Contracted IT capacity200 MW
Megawatts of datacentre IT load the operator has under signed contract for HPC or AI hosting.
Microsoft "Horizon": 5 years, $9.7B, four phases on NVIDIA GB300. Unusually for this section the first 50 MW phase is already delivered.
Source ↗
The silicon
GB300 AI cloud
NVIDIA$2.80B of new AI cloud deals signed July 2026 lifted the 2026 ARR target above $4.0B, 85% of it under contract. A $7.60B cash balance and customer prepayments cover roughly 45% of related GPU capex.
Source ↗