@FransBakker9812 Would not be surprised if the government in Finland were to slam hefty fees for taking grid capacity. Just building DCs is not enough and people dont want to pay the electricity bills for DCs
@Agrippa_Inv Also their ability to tap on local workforce is on another level. Seems like a small thing, but this reputation carries value long way in the value chain from permits to local approval and workforce retention on grassroot level.
@FransBakker9812@Agrippa_Inv@HyperTechInvest I dont really get the argument that IREN is late to the party with software. Software has changed rapidly during one year and to me who understands very little about software, IREN got a good price for something good and basic that they can add to their massive infra layer.
@jiahanjimliu Compared to the best AI software for similar features, how would you rank Mirantis from 0-100 scale? 80, 60? How much of that value was captured with 625mil by IREN? Really interesting to see how much value this software layer brings with IRENs massive capacity๐
@moninvestor There is this small 1.4GW site that just got energized. Coincidence? ๐๏ธ๐๐๏ธ
Seems like loads of runway available now and in the future๐
@bitcoinbutcher1 Building capacity takes time. Buying and integrating software layer much less. I don't think IREN will compete for the top spot for software for a long time, but how much value does 625mil investment bring? Is it 80%, 60% of the top players offering? Timing seems impeccable.