Pathway to 50 EH/s in 1H 2025
Company: IREN
What the later record shows
Delivered; the record does not say when
In May 2025 IREN said it was on track for 50 EH/s by June 30, and on July 2, 2025 it reported 50 EH/s of installed capacity. The exact date the target was reached is not stated.
“On track for 50 EH/s by June 30, 2025”
2025-05-13 · iren 8-K exhibit (q3fy25resultspressreleas.htm) View cached copy (2026-10-15)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 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 a pathway to 50 EH/s of installed hashrate in the first half of 2025.
Source (primary)
iren 8-K exhibit (irenlimited-exx992sep2024x.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-18)Live source ↗
Quote: “with a pathway to 50 EH/s in 1H 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-exx992sep2024x.htm)
Quote: “with a pathway to 50 EH/s in 1H 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 (q3fy25resultspressreleas.htm)
Quote: “On track for 50 EH/s by June 30, 2025”