Mining expansion paused at 52 EH/s
Company: IREN
The claim, verbatim
IREN will pause further Bitcoin mining expansion at 52 EH/s to focus on AI/HPC.
Source (primary)
iren 8-K exhibit (pressreleasemarch2025mon.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-17)Live source ↗
Quote: “Pausing mining expansion at 52 EH/s for AI / HPC”
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: “Pausing mining expansion at 52 EH/s for AI / HPC”