10Mon·

Actual All-in Cost Miners

$IREN (-6.41%)
$HUT
$HUT (-2.47%)
$CLSK (-1.33%)
$CORZ (-3.77%)
$BITF (-1.14%)
$HIVE (-1.63%)
$WULF (-2.68%)
$RIOT (-3.62%)
$MARA (+0.14%)
$BTDR (+0%)
$BTC (-1.03%)

$IREN (-6.41%) 🚀

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

$IREN (-6.41%) 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

10Mon·

IREN Update (for those who are interested) :

$IREN (-6.41%)

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

17 Comments

Tenbagger2024@Tenbagger2024

8Mon

The share is slowly moving upwards

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BamBamInvest@BamBamInvest

8Mon

@Tenbagger2024 Yes, at some point it will explode, hardly anyone else has such performance/capacity and they will need it. Apart from all the power contracts they already have in their pockets. Mark my words ✌️Das $BTC Mining is only temporarily their main source of income until a colocation deal is struck and they become one of the biggest players in the AI Dara Center sector with alternative energies. At least that's my investment thesis 😁

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Maximilian@Max095

7Mon

@Tenbagger2024 I'm also considering going in with a somewhat larger amount. The momentum seems to be there.
$IREN

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BamBamInvest@BamBamInvest

7Mon

@Max095 yes a lot of momentum and attention at the moment, a colocation deal would probably lead to a revaluation. The upside potential is there in any case 👌

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lookingforinformation@lookingforinformation

10Mon

What exactly do these figures tell us?

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BamBamInvest@BamBamInvest

10Mon

@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

10Mon

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

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BamBamInvest@BamBamInvest

10Mon

@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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Maximilian@Max095

10Mon

@BamBamInvest What about $AMD? Are you already buying more? Unfortunately, I am also down 37%
Do you believe in a comeback?

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BamBamInvest@BamBamInvest

10Mon

@Max095 I have already bought more 😂 What has changed since the investment? Nothing, the sales are not company-driven. Just be patient , $AMD will come back.

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Maximilian@Max095

10Mon

@BamBamInvest You're right. The company can't help the sales... hope it doesn't take years until we are in profit

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BamBamInvest@BamBamInvest

10Mon

@Max095 We'll see, but $AMD will recover and then things can happen very quickly.

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BamBamInvest@BamBamInvest

10Mon

@Max095 and already more relaxed with $AMD? 😂