jain.com

50 EH/s hashrate target pulled forward to H1 2025

Company: IREN

Subject kind
facility capacity
Statement date
2024-12-01
Promised by
2025-06-30
Current status
verified

What the later record shows

Delivered on time · happened June 29, 2025

A June 29, 2025 release announces that the 50 EH/s milestone was achieved and the mining expansion was complete, within H1 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 24, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

IREN is accelerating its expansion to 50 EH/s to H1 2025, previously H2 2025.

Source (primary)

iren 8-K exhibit (irenbusinessupdate2dec24.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-24)Live source ↗

Quote: “accelerating its growth trajectory to 50 EH/s and 810MW of data centers in H1 2025 (previously H2 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 (irenbusinessupdate2dec24.htm)

Quote: “accelerating its growth trajectory to 50 EH/s and 810MW of data centers in H1 2025 (previously H2 2025)”

View cached copy (2026-10-24)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 24, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 24, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.