{"id":34543,"date":"2025-07-01T10:16:57","date_gmt":"2025-07-01T10:16:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=34543"},"modified":"2025-07-01T10:16:57","modified_gmt":"2025-07-01T10:16:57","slug":"bitcoin-miner-iren-hits-50-eh-s-midyear-hashrate-target-eyes-ai-expansion","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=34543","title":{"rendered":"Bitcoin Miner IREN Hits 50 EH\/s Midyear Hashrate Target, Eyes AI Expansion"},"content":{"rendered":"<div>\n<p>Australian bitcoin (BTC) miner IREN (IREN) said it reached its midyear hashrate target of 50 exahashes per second (EH\/s) installed self-mining capacity.<\/p>\n<p>The growth from 31 EH\/s at the end of last year is anchored by IREN&#8217;s 750MW site in Childress, Texas, the company formerly known as formerly Iris Energy, <a href=\"https:\/\/irisenergy.gcs-web.com\/static-files\/fb4a46d1-5815-423e-a379-9e997bba3be6?utm_source=Iris+Energy+Limited&amp;utm_campaign=6423ca9f35-EMAIL_CAMPAIGN_2024_02_26_05_05_COPY_02&amp;utm_medium=email&amp;utm_term=0_-12a01801da-675544036\">said in an announcement on Tuesday<\/a>.<\/p>\n<p>Sydney-based IREN&#8217;s attention is now on Horizon 1, a 50MW AI data center at Childress, which it says it set for delivery in the fourth quarter.<\/p>\n<p>Hashrate is a measurement of the computing power behind the Bitcoin network. The higher a company\u2019s hashrate, the higher its chances of mining new BTC and receiving the rewards that come with it. Rival <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/06\/24\/bitcoin-miner-cleanspark-hits-50-eh-s-hashrate-milestone\">CleanSpark (CLSK) also reached the milestone<\/a> of 50 EH\/s last month.<\/p>\n<p>&#8220;With 50 EH\/s of mining expansion complete, we&#8217;re now turning to our next frontier, leveraging the same execution discipline to scale AI infrastructure across high-growth compute markets,&#8221; co-founder Daniel Roberts said in the statement.<\/p>\n<p>IREN&#8217;s <a href=\"https:\/\/uk.finance.yahoo.com\/quote\/IREN\/\">Nasdaq-listed shares<\/a> closed over 4% higher at $14.57 on Monday. They were recently 4.12% lower in pre-market trading.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Australian bitcoin (BTC) miner IREN (IREN) said it reached its midyear hashrate target of 50 exahashes per second (EH\/s) installed self-mining capacity. The growth from 31 EH\/s at the end of last year is anchored by IREN&#8217;s 750MW site in Childress, Texas, the company formerly known as formerly Iris Energy, said in an announcement on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-34543","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34543","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34543"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34543\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}