1D·

Actual All-in Cost Miners

$IREN (-1.2%)
$HUT
$HUT (+0.68%)
$CLSK (-0.53%)
$CORZ (-14.72%)
$BITF (-2.21%)
$HIVE (+1.85%)
$WULF (+2.56%)
$RIOT (-0.15%)
$MARA (-0.82%)
$BTDR (-0.27%)
$BTC (-0.85%)

$IREN (-1.2%) 🚀

Revenue growth in AI cloud services could be a harbinger of much larger AI data center deals.

$IREN (-1.2%) is fast becoming a force to be reckoned with in the data center industry. There are only a handful of developers with > 1 GW of secured power - let alone close to 3 GW!

Very exciting company and KBV Friday ≤ 1

BamBamInvest

@BamBamInvest

6D·

IREN Update (for those who are interested) :

$IREN (-1.2%)

The output of the operated data centers was increased from 510 MW to 660 MW
Installed capacity increased from 31 EH/s to 35 EH/s
Bitcoin mining expansion paused at 52 EH/s
Focus on AI cloud and AI data center business
Progressive workflows for debt financing

https://irisenergy.gcs-web.com/static-files/3ad81dcd-5043-433c-b68a-4d8e237b0f37

4 Comments

lookingforinformation@lookingforinformation

What exactly do these figures tell us?

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BamBamInvest@BamBamInvest

@lookingforinformation sorry overlooked, the total cost of $BTC mining and on the left you can see that the average $BTC price is above the total cost and unlike others they can reduce costs and also perform better than the competition due to the ever-increasing performance and capacity.

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Maximilian@Max095

With Mara and Bitfarms unfortunately massively in the red ...

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BamBamInvest@BamBamInvest

@Max095 Yes, it's tough, but I'm not primarily buying the $BTC mining here, but also the potential in the data center /Ai Cloud area and the fact that $IREN also has a net asset value/book value of less than 1, which is very exciting. I see a lot of potential here if it works out and they can win a hyperscaler for a colocation deal ✌️

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