IREN's got everyone talking. Bitcoin mining and AI cloud services? It would be akin to betting on both the Kentucky Derby and the Monaco Grand Prix. It’s exciting, but is it too ambitious to do all at the same time? Most organizations fall prey to shiny objects syndrome. The bigger...
IREN, long regarded as the Bitcoin mining power play of choice, has emerged as a serious AI X-factor with its hard turn toward AI cloud services. It’s the continued development of Horizon 1 that’s causing this effort to get started. This 50MW, liquid cooled, AI data center is scheduled to...
IREN is hosting a huge celebration—and we’ve got Nguyen Thi Hanh helping to stir the pot! Prepare yourself for the top high-stakes crypto and AI carnival. Is it really a party worthy of legend, or an invitation to an epic bender? We’re not just talking about a company betting big...
Image courtesy of CoreWeave Is CoreWeave about to do a deus ex machina on the crypto world Or are we simply seeing the latest tech industry infatuation, sure to go the way of all flameouts and burn out quicker than a meme stock. Of course, that possible acquisition of Core...
The noise surrounding CoreWeave’s imminent purchase of long-troubled miner Core Scientific (CORZ) has become truly overwhelming at times. Everyone thinks this is a slam dunk, a match made in silicon heaven. AI saves crypto! Let's pump the brakes. Have we become so beguiled by the power of AI that we’re...
CoreWeave, the largest competitor to Nvidia in the booming AI cloud infrastructure market, recently restated its buyout offer for Core Scientific. With a focus on its large scale data center facilities, Core Scientific was once the largest publicly traded Bitcoin miner. This move raises a critical question: Is this a...
More recently IREN Limited has made a very strategic pivot towards AI infrastructure. This interesting move has set the stage for a major boom in profitability and provides an exciting opportunity for investors. It was the company’s new record quarterly revenue at $148.1 million. With a net income of $24.2...
IREN. A name that, just a few years ago, would have brought to mind images of server farms humming in unison, recklessly pursuing the elusive Bitcoin. Now, they're talking AI. Artificial Intelligence. It's like watching a gold rush prospector suddenly announce they're opening a Silicon Valley startup. On one hand,...
Mining giant CoreWeave has re-upped its bid to purchase Core Scientific. Is this a stroke of genius, or might it be a potentially riskier bet that sinks them in deep water? Let us explore the pragmatic realities, shall we? Disregard the fantasyland promises. We’re not just playing with monopoly money,...
$115.3 million in revenue. $56.2 million Adjusted EBITDA. Triple AI revenue growth. Sounds great, right? Before we uncork the champagne, let's remember that in the Wild West of crypto and AI, the devil's always in the details.Is This Growth Sustainable Though?That 3x AI revenue growth is sexy. Seriously. Let's connect...
