According to ChainCatcher, Daniel Roberts, co-CEO of Sydney-based Bitcoin miner IREN, said that a hyperscale company may host AI infrastructure at IREN’s Sweetwater mining farm in Texas.
Roberts revealed that he received an email two hours ago from a trillion-dollar hyperscale company saying they were interested in Sweetwater, but did not disclose further details.
Additionally, the cost of mining Bitcoin for IREN is about $29,000, which is well below the market price of about $96,000, and Roberts said the company has the opportunity to accumulate Bitcoin at a discount.