Expansion pathway to 40 EH/s in 1H 2025
Company: IREN
What the later record shows
Delivered on time · happened May 5, 2025
IREN's update dated May 5, 2025 lists operating sites of 1.6, 3.1, 5.2 and 30 EH/s, which sum to about 40 EH/s before the June 30, 2025 date. No passage states the 40 EH/s total directly, and the date used is the document date, so the milestone may have been reached earlier.
“On January 2, 2025, we exercised options for the remaining 30,050 S21 Pro miners, with a total hashrate of 7.0 EH/s”
2025-03-19 · iren 8-K exhibit (irenlimited-exx992dec2024x.htm) View cached copy (2026-10-18)Live source ↗
“Operating | 1.6 EH/s Operating | 3.1 EH/s Operating | 5.2 EH/s Under Construction H1 2025 (150MW) H2 2025 (100MW) Operating (500MW) | 30 EH/s”
2025-05-05 · iren 8-K exhibit (aprilmonthlyupdatevf.htm) View cached copy (2026-10-16)Live source ↗
Checked November 5, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
IREN holds purchase options on an additional 10 EH/s of Bitmain S21 Pro miners, supporting an expansion pathway to 40 EH/s in the first half of 2025.
Source (primary)
iren 8-K exhibit (ef20027345_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-05)Live source ↗
Quote: “Additional Bitmain S21 Pro miner purchase options (10 EH/s) supporting expansion pathway to 40 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 (ef20027345_ex99-1.htm)
Quote: “Additional Bitmain S21 Pro miner purchase options (10 EH/s) supporting expansion pathway to 40 EH/s in 1H 2025”
confirms iren 8-K exhibit (aprilmonthlyupdatevf.htm)
Quote: “Operating | 1.6 EH/s Operating | 3.1 EH/s Operating | 5.2 EH/s Under Construction H1 2025 (150MW) H2 2025 (100MW) Operating (500MW) | 30 EH/s”
confirms iren 8-K exhibit (irenlimited-exx992dec2024x.htm)
Quote: “On January 2, 2025, we exercised options for the remaining 30,050 S21 Pro miners, with a total hashrate of 7.0 EH/s”