jain.com

Bitcoin mining hashrate expansion to 50 EH/s

Company: IREN

Subject kind
facility capacity
Statement date
2025-03-05
Promised by
2025-07-05
Current status
verified

What the later record shows

Delivered on time · happened July 2, 2025

A release dated July 2, 2025, before the July 5 deadline, reports 50 EH/s of installed self-mining capacity. The date used is the document date, not a stated completion date.

“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 is ramping its Bitcoin mining hashrate up to 50 EH/s over the next four months.

Source (primary)

iren 8-K exhibit (irenfebmonthlyupdatevf.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-18)Live source ↗

Quote: “Ramping up to 50 EH/s over the next 4 months”

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 (irenfebmonthlyupdatevf.htm)

Quote: “Ramping up to 50 EH/s over the next 4 months”

View cached copy (2026-10-18)Live source ↗

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”

View cached copy (2026-10-11)Live source ↗

Record of changes

October 18, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 18, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 18, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.