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IREN Reaches 50 EH/s Milestone, Expands AI Infrastructure

Solomon M. by Solomon M.
July 1, 2025
in Bitcoin News
Key Points:
  • IREN hits 50 EH/s, boosts AI operations.
  • Firm to launch 50MW AI data center.
  • Market reacts, shares rise over 4%.
iren-achieves-50-eh-s-hashrate-expands-into-ai-infrastructure
IREN Achieves 50 EH/s Hashrate, Expands into AI Infrastructure

Nut Graph

Bitcoin miner IREN’s recent milestone underscores its substantial industry role and diversification strategy. The scaling to 50 EH/s enhances the global hashrate and investor confidence, indicated by the company’s share price increase.

Sections

Industry Impact and Expansion

Daniel Roberts, co-founder and co-CEO of IREN, announced the firm’s 50 EH/s achievement, emphasizing its rapid scale-up in 30 months. Roberts noted,

“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.”
He highlighted a new AI project—a 50MW data center slated for Texas. The firm reports an increased market cap around $3.5 billion, supporting its position as a leading bitcoin miner. The mining expansion has positively influenced related assets, including Bitcoin, by enhancing network security.

This milestone positions IREN alongside industry leaders like MARA and CleanSpark. The company’s shares soared, reflecting market optimism toward its hybrid business model. Experts note similar growth could further stabilize network security and miner equities.

IREN’s ongoing projects—fueled by organic growth—could significantly impact the cryptocurrency and AI sectors. Historical trends suggest strong mining operations tend to reinforce investor confidence, potentially driving future blockchain innovations.

For more information, you can view the SEC filing for IREN Limited financial information report.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

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