50 EH/s Bitcoin mining hashrate target
Company: IREN
What the later record shows
Delivered on time · happened June 29, 2025
IREN's June 29, 2025 update says the 50 EH/s mining expansion was complete, one day before the June 30 deadline. A July 2025 release confirms 50 EH/s of installed self-mining capacity.
“50 EH/s Milestone Achieved 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 ↗
“one of the world’s largest and lowest-cost 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 17, 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 hashrate in H1 2025.
Source (primary)
iren 8-K exhibit (pressreleasemarch2025mon.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-17)Live source ↗
Quote: “On track for 50 EH/s in H1 2025”
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 iren 8-K exhibit (pressreleasemarch2025mon.htm)
Quote: “On track for 50 EH/s in H1 2025”
confirms iren 8-K exhibit (ef20051566_ex99-1.htm)
Quote: “one of the world’s largest and lowest-cost Bitcoin producers with 50 EH/s of installed self-mining capacity”
confirms iren 8-K exhibit (a50ehsupdate_vff.htm)
Quote: “50 EH/s Milestone Achieved The 50 EH/s milestone is anchored by our 750MW Childress site, now supporting 650MW of operating capacity”