Pause of mining expansion at 50 EH/s
Company: IREN
The claim, verbatim
IREN will stop expanding Bitcoin mining once it reaches 50 EH/s and will focus instead on additional liquid-cooled AI data centers.
Source (primary)
iren 8-K exhibit (q3fy25resultspressreleas.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-15)Live source ↗
Quote: “Pausing further mining expansion at 50 EH/s to focus on additional liquid-cooled AI data centers”
How we checked this
Checked on October 16, 2026. The cited source supports every part of this claim.
The press release says IREN is pausing further mining expansion at 50 EH/s to focus on additional liquid-cooled AI data centers.
Confirmed in the source:
- IREN is pausing further Bitcoin mining expansion at 50 EH/s
- IREN will focus instead on additional liquid-cooled AI data centers
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: “Pausing further mining expansion at 50 EH/s to focus on additional liquid-cooled AI data centers”