50 EH/s mining capacity target
Company: IREN
What the later record shows
Delivered on time · happened June 29, 2025
A June 29, 2025 release says the 50 EH/s mining expansion is complete. The 10-K shows 50.0 EH/s operating as of June 30, 2025.
“With 50 EH/s of mining expansion complete, we’re now turning to our next frontier”
2025-06-29 · iren 8-K exhibit (a50ehsupdate_vff.htm) View cached copy (2026-10-11)Live source ↗
“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 16, 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 mining capacity by June 30, 2025 (H1 2025).
Source (primary)
iren 8-K exhibit (aprilmonthlyupdatevf.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-16)Live source ↗
Quote: “On track for 50 EH/s by June 30”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The update says IREN is 'on track for 50 EH/s by June 30' and has '40 EH/s installed, on track for 50 EH/s in H1 2025.'
Confirmed in the source:
- IREN says it is on track to reach 50 EH/s
- The target date is June 30, 2025 (H1 2025)
- The 50 EH/s figure refers to installed mining capacity
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000187884825000037/aprilmonthlyupdatevf.htm) in full (21,129 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms iren 8-K exhibit (aprilmonthlyupdatevf.htm)
Quote: “On track for 50 EH/s by June 30”
confirms IREN 10-K filed 2025-08-28
Quote: “Childress BTC Mining (Texas, USA) 650 40.1 Operating Total Operating 810 50.0”
confirms iren 8-K exhibit (a50ehsupdate_vff.htm)
Quote: “With 50 EH/s of mining expansion complete, we’re now turning to our next frontier”