jain.com

Hashrate target 1H 2025 (Childress Phase 4)

Company: IREN

Subject kind
guidance
Statement date
2024-07-04
Promised by
2025-06-30
Promised amount
40.0
Current status
verified

What the later record shows

Delivered on time · happened June 30, 2025

The June 2025 update (published July 2025) shows Childress at 650MW operating with 40.1 EH/s, plus about 10 EH/s in BC, for roughly 50 EH/s total. This exceeds the 40 EH/s 1H 2025 target; the 15 J/TH efficiency was already reported at end-2024.

“28 EH/s (15 J/TH) installed capacity at month-end, up by 33% from 21 EH/s (16 J/TH)”
2024-12-05 · iren 8-K exhibit (nov2024monthlyupdatevdc.htm) View cached copy (2026-10-24)Live source ↗
“Childress, TX 750MW Operating (650MW) | 40.1 EH/s Under Construction H2 2025 (50MW IT Load)”
2025-07-06 · iren 8-K exhibit (ef20051646_ex99-1.htm) View cached copy (2026-10-11)Live source ↗

Checked November 1, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

With Childress Phase 4 in 1H 2025, IREN targets 40 EH/s at 15 J/TH fleet efficiency.

Source (primary)

iren 8-K exhibit (junemonthlyinvestorupdat.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-01)Live source ↗

Quote: “1H 2025 Fleet Upgrade Childress Phase 2 Childress Phase 3 Childress Phase 4 30 EH/s 16 J/TH 40 EH/s 15 J/TH”

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 (junemonthlyinvestorupdat.htm)

Quote: “1H 2025 Fleet Upgrade Childress Phase 2 Childress Phase 3 Childress Phase 4 30 EH/s 16 J/TH 40 EH/s 15 J/TH”

View cached copy (2026-11-01)Live source ↗

confirms iren 8-K exhibit (ef20051646_ex99-1.htm)

Quote: “Childress, TX 750MW Operating (650MW) | 40.1 EH/s Under Construction H2 2025 (50MW IT Load)”

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

confirms iren 8-K exhibit (nov2024monthlyupdatevdc.htm)

Quote: “28 EH/s (15 J/TH) installed capacity at month-end, up by 33% from 21 EH/s (16 J/TH)”

View cached copy (2026-10-24)Live source ↗

Record of changes

November 1, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 1, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 1, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.