Just the beginning
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@xzxzx of the end
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•@Multibagger all it's growth looks good but that is only if the progression of all related things to it keep going this way wich i just dont see happen, crypto is dying due to it being less and less used on the black market, the ai related income will be replaced to server income but with all those ai training and computing that will dissapear once it works more optimized their will be a flooded market lmao. People do not know how it works so just speculate.
Thought i could be wrong and it could all keep bleeding companies dry or they cash out and move on to other things fast.
One thing u are certain of with this company is that it has alot of assets that can be used for other things, doesn't mean it will make as much profit.
Thought i could be wrong and it could all keep bleeding companies dry or they cash out and move on to other things fast.
One thing u are certain of with this company is that it has alot of assets that can be used for other things, doesn't mean it will make as much profit.
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•@Milan_S Thank you for your very detailed explanation of your opinion. It would be nice if you would express them in such detail more often instead of just writing 3 words.😉
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@Multibagger hey let me be lazy 🫣 i do admit i'm curious if it will go to 100-150 because i actually think the advertisement and hype about it is doing really well.
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@Milan_S I appreciate the skepticism — healthy in any investment. But let me give you the other side with actual numbers and strategy, not speculation.
IREN is not a crypto miner anymore. They are executing one of the fastest and most capital-efficient pivots in the entire AI infrastructure sector.
They already have a $9.7 billion Microsoft contract running on schedule with phased GPU deployments in 2026.
Sweetwater (their flagship 1.4–2 GW power hub in Texas) is actively being energized — one of the largest AI power sites in the US.
They are targeting $3.4 billion annualized run-rate revenue by end of 2026 through ~140,000 GPUs.
Mining is no longer the focus — it’s simply generating cash flow to fund the AI buildout (All-in cash cost still well below current Bitcoin price).
The market for AI compute is not “about to be flooded.” Training and inference demand is growing exponentially. Goldman Sachs, McKinsey and the IEA all project AI data centers could consume 8–15 % of total US electricity by 2030 — and power + purpose-built infrastructure is the real bottleneck, not chips.
IREN owns power assets, land, and is rapidly converting them into high-density AI factories. That’s not speculation — that’s execution on a structural megatrend that will last 10–15+ years.
You’re right that many people speculate without understanding. But the ones who actually look at the contracts, the power portfolio, and the execution roadmap see something very different: a company that is positioned exactly at the choke point of the AI economy.
Curious to hear your thoughts after looking at the Microsoft deal and Sweetwater progress.
IREN is not a crypto miner anymore. They are executing one of the fastest and most capital-efficient pivots in the entire AI infrastructure sector.
They already have a $9.7 billion Microsoft contract running on schedule with phased GPU deployments in 2026.
Sweetwater (their flagship 1.4–2 GW power hub in Texas) is actively being energized — one of the largest AI power sites in the US.
They are targeting $3.4 billion annualized run-rate revenue by end of 2026 through ~140,000 GPUs.
Mining is no longer the focus — it’s simply generating cash flow to fund the AI buildout (All-in cash cost still well below current Bitcoin price).
The market for AI compute is not “about to be flooded.” Training and inference demand is growing exponentially. Goldman Sachs, McKinsey and the IEA all project AI data centers could consume 8–15 % of total US electricity by 2030 — and power + purpose-built infrastructure is the real bottleneck, not chips.
IREN owns power assets, land, and is rapidly converting them into high-density AI factories. That’s not speculation — that’s execution on a structural megatrend that will last 10–15+ years.
You’re right that many people speculate without understanding. But the ones who actually look at the contracts, the power portfolio, and the execution roadmap see something very different: a company that is positioned exactly at the choke point of the AI economy.
Curious to hear your thoughts after looking at the Microsoft deal and Sweetwater progress.
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•@Sololeveling i appreciate your deep dive and trust me i am aware that contract wise they are looking pretty solid rn, i just dont believe in the structural sustainability of the ai market itself. Hence why i said (maybe poorly worded) they would have to move to server providers for none ai related things. Their competitors will do the same thing tho hence the (flooding), hardware prices are also at an all time high (idk if they can buy them at a decent price tho) but it will also decrease if ai would fail to make a huge enough profit, meaning that the companies who didnt invest now would get the same computing power for far less. Also i want to be clear i think the concept is solid and could be safe if played correctly, i just dont think the price is justified. I do hope for everyone who invested that it will go to 100, i dont think it will go higher tho before having a correction.
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