jain.com

Pathway to 50 EH/s in 1H 2025

Company: IREN

Subject kind
guidance
Statement date
2024-11-25
Promised by
2025-06-30
Promised amount
50.0
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

Passages through March 2025 only restate the 50 EH/s target for H1 2025. The 10-K says most of the optioned miners were delivered by June 30, 2025, but no passage states that 50 EH/s was installed.

“targeting 650MW to support our hashrate expansion to 50 EH/s in the first half of 2025”
2025-05-13 · iren 8-K exhibit (irenlimited-exx994mar2025.htm) View cached copy (2026-10-15)Live source ↗
“The majority of miners have been delivered as of June 30, 2025.”
2025-08-27 · IREN 10-K filed 2025-08-28 View cached copy (2026-08-31)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 outlines a pathway to 50 EH/s of installed hashrate in the first half of 2025.

Source (primary)

iren 8-K exhibit (irisenergylimited-exx994se.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-24)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 (irisenergylimited-exx994se.htm)

Quote: “with a pathway to 50 EH/s in 1H 2025”

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