jain.com

50 EH/s hashrate target

Company: IREN

Subject kind
guidance
Statement date
2025-02-05
Promised by
2025-07-05
Promised amount
50.0
Current status
verified

What the later record shows

Delivered on time · happened June 29, 2025

IREN announced the 50 EH/s milestone on June 29, 2025, before the five-month deadline of about July 5, 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 ↗

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 said it is on track to reach 50 EH/s of installed hashrate within 5 months.

Source (primary)

iren 8-K exhibit (janmonthlyupdatevff.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-20)Live source ↗

Quote: “On-track for 50 EH/s in 5 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 (janmonthlyupdatevff.htm)

Quote: “On-track for 50 EH/s in 5 months”

View cached copy (2026-10-20)Live source ↗

confirms iren 8-K exhibit (a50ehsupdate_vff.htm)

Quote: “With 50 EH/s of mining expansion complete, we’re now turning to our next frontier”

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

Record of changes

October 20, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 20, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.