SYDNEY, AUSTRALIA, June 30, 2025 (GLOBE NEWSWIRE) – IREN Limited (NASDAQ: $IREN (+2,59%)) (“IREN”) today announced it has reached its mid-year target of 50 EH/s installed self-mining capacity.
Daniel Roberts, Co-Founder and Co-CEO of IREN, commented: “Reaching 50 EH/s is a defining milestone and a testament to our ability to rapidly deliver complex energy and data center infrastructure. In just 30 months, we’ve scaled organically ~50x to become one of the world’s largest and most efficient Bitcoin miners. With 50 EH/s of mining expansion complete, we’re now turning to our next frontier, leveraging the same execution discipline to scale AI infrastructure across high-growth compute markets.”
50 EH/s Milestone Achieved
The 50 EH/s milestone is anchored by our 750MW Childress site, now supporting 650MW of operating capacity and forming the foundation of our next phase of growth with Horizon 1, a 50MW liquid-cooled AI data center, set for delivery in Q4 2025.
