Installed hashrate target 52 EH/s by end of 2025
Company: IREN
What the later record shows
Partly delivered
IREN reached 50 EH/s by late June 2025 and then paused further mining expansion at 50 EH/s to focus on AI. The 52 EH/s target was never reached, and the remaining 2 EH/s was effectively dropped.
“Pausing further mining expansion at 50 EH/s to focus on additional liquid-cooled AI data centers”
2025-05-13 · iren 8-K exhibit (q3fy25resultspressreleas.htm) View cached copy (2026-10-15)Live source ↗
“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 ↗
“Total Operating 810 50.0”
2025-08-27 · IREN 10-K filed 2025-08-28 View cached copy (2026-08-31)Live source ↗
Checked October 20, 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 to accommodate a liquid-cooled AI/HPC deployment at Childress.
Source (primary)
iren 8-K exhibit (irenlimited-exx994dec2024.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-20)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-exx994dec2024.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”