Bitcoin miner IREN: has been in contact with a trillion-dollar company to host AI-related infrastructure
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2024-11-28 06:03:01 5,842
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Golden Finance reported that Daniel Roberts, co-chief executive and co-founder of Sydney-based Bitcoin miner IREN, said that a hyperscale company (large cloud service provider) has approached the company and may be involved in IREN Mining site located in Sweetwater, Texas hosts AI infrastructure. "Two hours ago, we received an email from a trillion-dollar hyperscale company saying they were interested in Sweetwater," Roberts said, without giving too many details.
In addition, IREN costs about $29,000 to mine Bitcoin, which is well below the market price of about $96,000, and Daniel Roberts said the company has the opportunity to accumulate Bitcoin at a discount compared to other companies paying spot prices.