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Meridius @meridius36 on x XX followers
Created: 2025-07-21 02:18:00 UTC
🏗️ What They Do
Iris Energy started as a clean-energy bitcoin miner, operating in Canada and Australia with cheap hydropower. But it’s now pivoting into:
X. High-density data centers •Ideal for AI/ML training (NVIDIA GPU farms) •Modular, large-scale, self-managed buildout
X. Energy-first infrastructure •100% renewable, long-term power contracts •Power costs at ~$0.03/kWh = massive margin advantage
X. Optionality at the edge of cloud computing •First phase: co-location (plug-and-play power + cooling for hyperscalers or AI startups) •Next phase: fully managed cloud + AI compute
XXX engagements
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