52 EH/s installed hashrate by end of 2025 (cut from 57 EH/s)
Company: IREN
What the later record shows
Partly delivered
IREN reached 50 EH/s of installed hashrate in June 2025 and still reported 50 EH/s in October 2025. No passage shows the 52 EH/s target being reached by end of 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 ↗
“one of the world’s largest and lowest-cost Bitcoin producers with 50 exahashes per second”
2025-10-05 · IREN DEF 14A filed 2025-10-06 View cached copy (2026-08-31)Live source ↗
Checked October 18, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
IREN targets 52 EH/s of installed hashrate by end of 2025, revised down from the 57 EH/s target disclosed in January 2025 due to a planned liquid-cooled AI/HPC deployment at Childress.
Source (primary)
iren 8-K exhibit (irenlimited-exx992dec2024x.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-18)Live source ↗
Quote: “Our current focus is on expanding our installed hashrate capacity to 52 EH/s by the end of 2025. This figure of 52 EH/s has been revised from the 57 EH/s target previously disclosed in January 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 (irenlimited-exx992dec2024x.htm)
Quote: “Our current focus is on expanding our installed hashrate capacity to 52 EH/s by the end of 2025. This figure of 52 EH/s has been revised from the 57 EH/s target previously disclosed in January 2025”