Bitcoin mining hashrate target of 50 EH/s
Company: IREN
What the later record shows
Delivered on time · happened June 30, 2025
The 10-K property table shows 50.0 EH/s of total operating hashrate capacity as of June 30, 2025.
“Childress BTC Mining (Texas, USA) 650 40.1 Operating Total Operating 810 50.0”
2025-08-27 · IREN 10-K filed 2025-08-28 View cached copy (2026-08-31)Live source ↗
Checked October 15, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
IREN says it is on track to reach 50 EH/s of installed Bitcoin mining capacity by June 30, 2025.
Source (primary)
iren 8-K exhibit (q3fy25resultspressreleas.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-15)Live source ↗
Quote: “On track for 50 EH/s by June 30, 2025”
How we checked this
Checked on October 16, 2026. The cited source supports every part of this claim.
IREN's Q3 FY25 press release says it is 'On track for 50 EH/s by June 30, 2025' in its Bitcoin mining installed-capacity outlook.
Confirmed in the source:
- IREN says it is on track to reach 50 EH/s of Bitcoin mining capacity by June 30, 2025
- The 50 EH/s target refers to installed Bitcoin mining capacity, which had increased to 40 EH/s on April 16, 2025
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000187884825000043/q3fy25resultspressreleas.htm) in full (26,110 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms iren 8-K exhibit (q3fy25resultspressreleas.htm)
Quote: “On track for 50 EH/s by June 30, 2025”
confirms IREN 10-K filed 2025-08-28
Quote: “Childress BTC Mining (Texas, USA) 650 40.1 Operating Total Operating 810 50.0”