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Mining hashrate reduction in Q3 2026

Company: IREN

Subject kind
facility capacity
Statement date
2026-09-15
Promised by
2026-09-30
Promised amount
35.0 EH/s
Current status
stated

The claim, verbatim

At least 35 EH/s scheduled to leave the Bitcoin network in Q3 2026 as IREN and Cipher Digital complete their exits

Source (primary)

Bitcoin Mining Faces A Shakeout As CORZ, KEEL, IREN, CIFR Get Ready To Exit, Says CoinShares - TradingView (-, news_article)
View cached copy (2026-09-18)Live source ↗

Quote: “at least 35 EH/s was scheduled to leave the listed miner group in the third quarter as IREN and Cipher completed their exits”

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 Bitcoin Mining Faces A Shakeout As CORZ, KEEL, IREN, CIFR Get Ready To Exit, Says CoinShares - TradingView

Quote: “at least 35 EH/s was scheduled to leave the listed miner group in the third quarter as IREN and Cipher completed their exits”

View cached copy (2026-09-18)Live source ↗