Installed hashrate target of 50 EH/s by June 30, 2025
Company: IREN
What the later record shows
Delivered on time · happened June 29, 2025
A June 29, 2025 release announces the 50 EH/s milestone as achieved, before the June 30 target. The July 2 release also cites 50 EH/s of installed self-mining capacity.
“The 50 EH/s milestone is anchored by our 750MW Childress site, now supporting 650MW of operating capacity”
2025-06-29 · iren 8-K exhibit (a50ehsupdate_vff.htm) View cached copy (2026-10-11)Live source ↗
“Bitcoin producers with 50 EH/s of installed self-mining capacity.”
2025-07-02 · iren 8-K exhibit (ef20051566_ex99-1.htm) View cached copy (2026-10-11)Live source ↗
Checked October 13, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
IREN has 41 EH/s installed and says it is on track to reach 50 EH/s by June 30, 2025. The remaining miners are shipping from Southeast Asia.
Source (primary)
iren 8-K exhibit (ex991may2025monthlyupdat.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-13)Live source ↗
Quote: “41 EH/s installed, on track for 50 EH/s by June 30 – remaining miners in the process of shipping from Southeast Asia”
How we checked this
Checked on October 15, 2026. The cited source supports every part of this claim.
The June 5, 2025 monthly update states 41 EH/s installed, on track for 50 EH/s by June 30, with the remaining miners shipping from Southeast Asia.
Confirmed in the source:
- IREN had 41 EH/s of installed hashrate as of its May 2025 update
- IREN said it was on track to reach 50 EH/s by June 30, 2025
- The remaining miners were in the process of shipping from Southeast Asia
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000187884825000045/ex991may2025monthlyupdat.htm) in full (23,643 characters, retrieved October 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms iren 8-K exhibit (ex991may2025monthlyupdat.htm)
Quote: “41 EH/s installed, on track for 50 EH/s by June 30 – remaining miners in the process of shipping from Southeast Asia”
confirms iren 8-K exhibit (ef20051566_ex99-1.htm)
Quote: “Bitcoin producers with 50 EH/s of installed self-mining capacity.”
confirms iren 8-K exhibit (a50ehsupdate_vff.htm)
Quote: “The 50 EH/s milestone is anchored by our 750MW Childress site, now supporting 650MW of operating capacity”