Daniel Roberts, co-chief executive and co-founder of IREN, a Sydney-based bitcoin miner, said a hyperscale company - the Big Cloud as a Service Provider - has approached the company about potentially hosting AI infrastructure at IREN's Sweetwater, Texas mining farm. "Two hours ago, we received an email from a trillion-dollar hyperscale company saying they were interested in Sweetwater," he said, without giving too many details.
In addition, the cost of mining bitcoin at IREN is around $29,000, which is much lower than the market price of around $96,000. According to Daniel Roberts, the company has the opportunity to accumulate bitcoin at a discount compared to other companies that pay the spot price.
Bitcoin miner IREN has approached a trillion-dollar company about hosting AI-related infrastructure
2024-11-27 22:00:02
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