[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.] #  @litigious_dulce Dulce Dulce posts on X about iren, $iren, bitcoin, mining the most. They currently have XXXXX followers and XX posts still getting attention that total XXXXXX engagements in the last XX hours. ### Engagements: XXXXXX [#](/creator/twitter::1281053090783903744/interactions)  - X Week XXXXXXX -XX% - X Month XXXXXXX +353% - X Months XXXXXXXXX +169% - X Year XXXXXXXXX +1,511% ### Mentions: XX [#](/creator/twitter::1281053090783903744/posts_active)  - X Week XX -XX% - X Month XXX +177% - X Months XXX +192% - X Year XXX +1,504% ### Followers: XXXXX [#](/creator/twitter::1281053090783903744/followers)  - X Week XXXXX +3.30% - X Month XXXXX +52% - X Months XXXXX +116% - X Year XXXXX +397% ### CreatorRank: XXXXXXX [#](/creator/twitter::1281053090783903744/influencer_rank)  ### Social Influence [#](/creator/twitter::1281053090783903744/influence) --- **Social category influence** [finance](/list/finance) XXXXX% [stocks](/list/stocks) XXXXX% [cryptocurrencies](/list/cryptocurrencies) #3635 [celebrities](/list/celebrities) XXXX% [countries](/list/countries) XXXX% [technology brands](/list/technology-brands) XXXX% **Social topic influence** [iren](/topic/iren) #14, [$iren](/topic/$iren) #12, [bitcoin](/topic/bitcoin) #1019, [mining](/topic/mining) #305, [bitcoin mining](/topic/bitcoin-mining) #23, [$crwv](/topic/$crwv) 4.55%, [data center](/topic/data-center) 4.55%, [money](/topic/money) 4.55%, [$cifr](/topic/$cifr) 4.55%, [profitable](/topic/profitable) XXXX% **Top accounts mentioned or mentioned by** [@313ronnieb](/creator/undefined) [@fransbakker9812](/creator/undefined) [@alanbialo](/creator/undefined) [@atzaran3](/creator/undefined) [@web3shop](/creator/undefined) [@thebtcminingguy](/creator/undefined) [@thekamahsutra](/creator/undefined) [@kashramki](/creator/undefined) [@proof_of_thermo](/creator/undefined) [@dnv99999](/creator/undefined) [@mikealfred](/creator/undefined) [@mcf_dan](/creator/undefined) [@alpinecapp](/creator/undefined) [@lazarus_capital](/creator/undefined) [@capstackcapital](/creator/undefined) [@awilkinson](/creator/undefined) [@eggwalkingdog](/creator/undefined) [@rufflife222](/creator/undefined) [@teslantir_](/creator/undefined) [@rreddi](/creator/undefined) **Top assets mentioned** [Iris Energy Limited Ordinary Shares (IREN)](/topic/$iren) [Bitcoin (BTC)](/topic/bitcoin) [CoreWeave, Inc. (CRWV)](/topic/$crwv) [Cipher Mining Inc. Common Stock (CIFR)](/topic/$cifr) [Equinix Inc (EQIX)](/topic/$eqix) [Nebius Group N.V. Class A Ordinary Shares (NBIS)](/topic/$nbis) ### Top Social Posts [#](/creator/twitter::1281053090783903744/posts) --- Top posts by engagements in the last XX hours "@FransBakker9812 Many just dont understand opportunity cost and BATNA. Or they want a pump on the back of a colocation announcement even if the price action is short-term"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1947144819110773124) 2025-07-21 04:01:15 UTC 2733 followers, 1376 engagements "$IREN finally entering its Leonardo DiCaprio phase"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1947763021910315470) 2025-07-22 20:57:46 UTC 2733 followers, 10.9K engagements "@313ronnieb @AshesToRubedo @KashRamki @awilkinson Its pretty cool how quickly everyone on X understood and embraced batna"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1944412603788181830) 2025-07-13 15:04:24 UTC 2733 followers, XXX engagements "Now that $IREN touched $XX I feel a strange sense of emptiness and vanity. I question now does any of this matter Im just kidding. Fuck the bears To Valhalla"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1947347851668820301) 2025-07-21 17:28:02 UTC 2734 followers, 8309 engagements "Software isnt a moat when AGI exists. Electricity isnt a moat 2030+. $IREN can partner with a CSP aggregator that pairs IRENs hardware with its software. $CRWV can partner with a DC owner that pairs CRWVs software with its hardware. In either case you have the full package. IREN is probably giving up 20-40% margins to the CSP aggregator but CRWV is as well in colocation fees. The issue then is which business model is more scalable TODAY. Software is inherently very scalable but CRWV cannot just find another XXX MW of data center capacity ready today. No moat will last forever. All companies"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1946967971517051285) 2025-07-20 16:18:31 UTC 2727 followers, 1268 engagements "@seacliffstweetr asked why hyperscalers cannot simply invest a bunch of money into data center design and eliminate $IREN s moat. Hyperscalers cannot simply eliminate IRENs moat by pouring capital into data center design because the core barriers are not just money but constrained non-fungible resourcesmost notably time land power and long-lead infrastructure (LLI). IRENs data center architecture is the product of over five years of disciplined iteration rooted in first principles and relentless empirical testing rather than bursts of creative genius. Every meaningful design decision was"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1944764524546150832) 2025-07-14 14:22:49 UTC 2731 followers, XXX engagements "If were being honest $IREN s data centers are not visually impressive. They seem short and basic almost too utilitarian. By contrast $EQIX s data centers are works of art. Ill leave it to the reader to guess which picture depicts IRENs data centers Also when we hear the term modular most probably think along the lines of mobile or manufactured homes. Modular sounds cheap transient and low-quality. How big of a surprise would it be then if the modular aspect of IRENs data centers were its biggest strength What if the abstract spartan design optimally reduced costs while future-proofing the"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1943746708162130302) 2025-07-11 18:58:22 UTC 2734 followers, 17.3K engagements "There are a lot of new investors in $IREN and $CIFR now. Nice to have you but dont assume you speak for the rest of us. A drop of X% is fucking nothing. Weve seen these go up and down XX% in a week. You guys are traders. Cool I do trades too and make good money. But the investors actually have conviction in the growth of this sector and these specific companies. Continue bragging about your scalps but I am thoroughly unimpressed"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1948045083103670694) 2025-07-23 15:38:35 UTC 2733 followers, 13.3K engagements "Here are some interesting slides from Coatues keynote deck. Coatue predicts that in this AI wave of innovation many insurgents will replace tech incumbents. I believe this is in large part because of the incredible demand for AI/HPC cloud services which are generally much more lucrative than traditional IT services. Customers often pay $2$5 per GPU hour (or more) for access to the latest AI hardware with gross margins typically ranging from 60-90%. In contrast revenue and margins for managed IT services legacy data center colocation or general outsourcing are typically much lower. Now that"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1946945038346572021) 2025-07-20 14:47:24 UTC 2734 followers, 2939 engagements "The main difference between colocation and a cloud service provider (CSP) lies in control and responsibility. In a colocation model the customer owns and maintains their own servers networking gear and sometimes storage but rents space (rack power cooling connectivity) in a third-party data center. The colocation provider ensures physical security power and climate control but the customer is responsible for managing and maintaining their own IT hardware and software. In contrast a CSP like AWS Azure or Google Cloud offers a fully managed infrastructure stack. The customer does not own any"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1940435935138566649) 2025-07-02 15:42:33 UTC 2731 followers, 1913 engagements "I deliberated for several hours yesterday and today regarding the following: 1) Although $IREN s data centers in Canada can operate air-cooled B200s IREN can only commission about 100K GPUs there. $CRWV will buy about 500K Blackwells this year alone. 2) In all likelihood IREN can air-cool Hoppers but not B200s in Texas due to the high ambient temperature (rack density is irrelevant). 3) IREN probably has disclosed all sites that will be energized in 2026 meaning there isnt some other site in a colder climate suitable for CSP expansion. Therefore if IREN plans to scale CSP it must do so in"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1944426992776155412) 2025-07-13 16:01:35 UTC 2734 followers, 28.5K engagements "Is $IREN finally going to beat those R. Kelly allegations"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1947671113548619974) 2025-07-22 14:52:34 UTC 2733 followers, 15.2K engagements "Yes I support exploring creative solutions for ensuring stable bitcoin mining revenue. I believe this is strategically valuable and will ensure that IREN has maximal leverage in negotiations with AI/HPC counterparties. We must remember that everyoneparticularly the hyperscalersdisrespect bitcoin mining. They are actually disgusted that IREN is using MW to mine bitcoin and pissed they even need to breathe the same air. Its not easy to negotiate with someone who hates you to this extent. If in the back of their mind they think that your primary (in fact only) source of revenue can implode at"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1948232047799025666) 2025-07-24 04:01:31 UTC 2733 followers, XX engagements "Ya the price action wasnt really tethered to fundamentals because the market equates Bitcoin mining to doing onlyfans. Doesnt matter if you make $10m its still sex work lol. Now its not at all obvious Iren mines bitcoin from the website. The company is trying to improve its image and has AI (Always Innocent) written all over. This will make it easier to persuade new investors that its a respectable company"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1948053952429232149) 2025-07-23 16:13:50 UTC 2733 followers, 1061 engagements "Hey @IREN_Ltd nice website Do you have a company overview video about AI Of course Heres one where the first XX% is about bees and the next XX% is about human extinction. Cheers Thats about as off the wall as talking about time dilation on a first date lol"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1947717231540113728) 2025-07-22 17:55:49 UTC 2733 followers, 4065 engagements "One day $IREN will pump without dumping and we will all look like this"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1945484225047679049) 2025-07-16 14:02:39 UTC 2733 followers, 10.2K engagements "This thought literally just occurred to me so its not fully formed: can $IREN buy long-term puts on Bitcoin Lets say by EOY Bitcoin hits $250k. IREN mines all-in for 30k. Suppose they buy a X year long put 200k strike for $20k per bitcoin (all hypothetical numbers). Wouldnt this largely insulate IREN from a Bitcoin drawdown And all theyre doing is worsening their margin by like $20k per bitcoin which would still be better than many peers. Further its not like IREN needs to buy all the puts at once. IREN can periodically buy the puts accelerating the purchase if bitcoin starts to drop"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1948219312138756524) 2025-07-24 03:10:54 UTC 2733 followers, 5888 engagements "I was just relying on memory at the time and may have been wrong. Lets assume X year contract for the B200s (pricing varies depending on contract duration with on demand being the most expensive and X years being the cheapest). Lambda charges $XXXX per gpu-hr for a X year contract. Lambda is representative of the market so lets just say $IREN charges $XXXX per gpu-hr all costs included (many CSPs charge costs in addition to gpu-hr). If IREN is using a CSP aggregator like Nvidia Lepton (the Uber of GPU Capacity) then we can assume virtually XXX% utilization. So $3.25*24*365=$28.5k. If IREN"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1944625596421767229) 2025-07-14 05:10:46 UTC 2733 followers, XXX engagements "I wonder if $IREN can compete on price with $NBIS I can sense @tim_delcourt s frustration 😛"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1944406682341179721) 2025-07-13 14:40:53 UTC 2732 followers, 6649 engagements "What really intrigues me about this option (pun intended) is that everyone wants colocation because they view it as lower risk than bitcoin. But if you buy a put then you install a floor on the price of your bitcoin. This derisks the business model and can make it much more lucrative than colocation (again bitcoin mining is about as profitable as colocation today; assuming bitcoin doubles in price obviously mining will be even more profitable). A one year put should be sufficient. I doubt bitcoin will have a multi-year bear cycle again. So once we pass that phase of the market then we are en"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1948221438701273569) 2025-07-24 03:19:21 UTC 2733 followers, 1289 engagements "Profitability does hinge on scale though Yes cost of electricity and ASIC efficiency both matter tremendously but even if you have both you can be unprofitable if you lack scale. See $CIFR which has best-in-class electricity cost and very good ASIC efficiency. If scale improves margins by XX% and IREN has a net profit margin of XX% then thats the difference between a slightly profitable company and a very profitable company. Regarding ROIC lets say IREN spent $20m/EH so $1B total for its ASICs. Lets then say that it makes a net profit of about $250m/year for the next three years (assume $0"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1941531548295077900) 2025-07-05 16:16:07 UTC 2731 followers, 7802 engagements "The fact that top CSPs are choosing to white-label $IREN s infrastructure is a powerful form of external validation. These partners are extremely selective and their reputations depend on delivering high-quality reliable service to their own customers. When a leading CSP entrusts its brand and business to IRENs backend it signals that IRENs data centers meet or exceed the most demanding standards for uptime security and performance. In effect IRENs operational credibility is endorsed by some of the most sophisticated buyers in the market. IRENs exceptional ability to scale is central to its"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1946621324127871424) 2025-07-19 17:21:04 UTC 2732 followers, 6786 engagements "Although this space is excellent investors should be familiar with most of the information shared. Still there are some highlights: IREN can likely build Horizon X data centers for $67M/MW due to a combination of (1) deep in-house engineering and construction experience (2) low-cost sites and power (3) vertical integration (4) a no-frills hyperscale-first design philosophy and (5) a founder-led culture that treats every dollar as their ownwhile peers build for $1012M/MW because they operate in higher-cost regions outsource more and cater to broader (often enterprise) use cases. Detailed"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1946395935262863835) 2025-07-19 02:25:27 UTC 2734 followers, 9343 engagements "$0.75/hr is not market price for H100s. Pretty sure the person interviewed was being hyperbolic and quoting the lowest number he found. However theres little to no supply at that price and the CSP is certainly shady as fuck. Also GPU-hr pricing is just one cost; there may or may not be additional costs. Oftentimes when you see a really low GPU-hr price the CSP is not telling you about really outrageous additional costs"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1944544743020691640) 2025-07-13 23:49:29 UTC 2732 followers, XXX engagements "If IREN doesnt use any debt it can reach NBIS-scale pretty trivially. However to compete with CRWV (and hyperscalers) IREN must rely on external capital. The more IREN can borrow the faster IREN will grow. If next year IREN can borrow $5B then IREN can compete with CRWV. If within X years IREN can borrow $10-25B IREN can compete with anyone. Strategically I think it makes sense to use debt to invest $5B into Blackwells 2026 and $10B into Rubins 2027. These sums are not unrealistic"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1945599772217237764) 2025-07-16 21:41:47 UTC 2733 followers, XXX engagements "lol a lot of the retail analysts have been saying to buy calls on $IREN since the SP was around $5-8 dollars. We provided in depth fundamental and technical analysis. Even Iren the company is impressed and shocked by the quality of our DD because we discover things they have intentionally been waiting to disclose"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1948039496097796441) 2025-07-23 15:16:23 UTC 2733 followers, XXX engagements "For everyone asking why $IREN hasnt closed a colocation deal yet: 1) Why do you care when the stock price is at a new 52-week high Your long position cannot be underwater. 2) Bitcoin mining is about as profitable as most colocation deals. Bitcoin mining annual revenue = 50k PH * $60/PH * XXX = $1.1B. See Bitcoin mining EBITDA = $780m no additional financing or investment required. By contrast if all XXX MW of Childress were used for colocation then assuming a PUE of XXX and a $2.25m/MW Colocation annual revenue = XXX MW / XXX * $XXXX m/MW = $1.1B. Colocation EBITDA = $950m. However colocation"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1947143123022250437) 2025-07-21 03:54:31 UTC 2734 followers, 11.1K engagements "A picture is worth a thousand words. So heres three pictures. $IREN"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1942958114656903622) 2025-07-09 14:44:47 UTC 2733 followers, 8394 engagements "Starting around minute XX. Neocloud companies are mad at Nvidia for competing with them using Lepton. Interesting commentary from Dylan Patel"  [@litigious_dulce](/creator/x/litigious_dulce) on [X](/post/tweet/1948250304413151427) 2025-07-24 05:14:03 UTC 2733 followers, 1637 engagements
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
@litigious_dulce Dulce
Dulce posts on X about iren, $iren, bitcoin, mining the most. They currently have XXXXX followers and XX posts still getting attention that total XXXXXX engagements in the last XX hours.
Engagements: XXXXXX #
- X Week XXXXXXX -XX%
- X Month XXXXXXX +353%
- X Months XXXXXXXXX +169%
- X Year XXXXXXXXX +1,511%
Mentions: XX #
- X Week XX -XX%
- X Month XXX +177%
- X Months XXX +192%
- X Year XXX +1,504%
Followers: XXXXX #
- X Week XXXXX +3.30%
- X Month XXXXX +52%
- X Months XXXXX +116%
- X Year XXXXX +397%
CreatorRank: XXXXXXX #
Social Influence #
Social category influence finance XXXXX% stocks XXXXX% cryptocurrencies #3635 celebrities XXXX% countries XXXX% technology brands XXXX%
Social topic influence iren #14, $iren #12, bitcoin #1019, mining #305, bitcoin mining #23, $crwv 4.55%, data center 4.55%, money 4.55%, $cifr 4.55%, profitable XXXX%
Top accounts mentioned or mentioned by @313ronnieb @fransbakker9812 @alanbialo @atzaran3 @web3shop @thebtcminingguy @thekamahsutra @kashramki @proof_of_thermo @dnv99999 @mikealfred @mcf_dan @alpinecapp @lazarus_capital @capstackcapital @awilkinson @eggwalkingdog @rufflife222 @teslantir_ @rreddi
Top assets mentioned Iris Energy Limited Ordinary Shares (IREN) Bitcoin (BTC) CoreWeave, Inc. (CRWV) Cipher Mining Inc. Common Stock (CIFR) Equinix Inc (EQIX) Nebius Group N.V. Class A Ordinary Shares (NBIS)
Top Social Posts #
Top posts by engagements in the last XX hours
"@FransBakker9812 Many just dont understand opportunity cost and BATNA. Or they want a pump on the back of a colocation announcement even if the price action is short-term"
@litigious_dulce on X 2025-07-21 04:01:15 UTC 2733 followers, 1376 engagements
"$IREN finally entering its Leonardo DiCaprio phase" @litigious_dulce on X 2025-07-22 20:57:46 UTC 2733 followers, 10.9K engagements
"@313ronnieb @AshesToRubedo @KashRamki @awilkinson Its pretty cool how quickly everyone on X understood and embraced batna" @litigious_dulce on X 2025-07-13 15:04:24 UTC 2733 followers, XXX engagements
"Now that $IREN touched $XX I feel a strange sense of emptiness and vanity. I question now does any of this matter Im just kidding. Fuck the bears To Valhalla" @litigious_dulce on X 2025-07-21 17:28:02 UTC 2734 followers, 8309 engagements
"Software isnt a moat when AGI exists. Electricity isnt a moat 2030+. $IREN can partner with a CSP aggregator that pairs IRENs hardware with its software. $CRWV can partner with a DC owner that pairs CRWVs software with its hardware. In either case you have the full package. IREN is probably giving up 20-40% margins to the CSP aggregator but CRWV is as well in colocation fees. The issue then is which business model is more scalable TODAY. Software is inherently very scalable but CRWV cannot just find another XXX MW of data center capacity ready today. No moat will last forever. All companies" @litigious_dulce on X 2025-07-20 16:18:31 UTC 2727 followers, 1268 engagements
"@seacliffstweetr asked why hyperscalers cannot simply invest a bunch of money into data center design and eliminate $IREN s moat. Hyperscalers cannot simply eliminate IRENs moat by pouring capital into data center design because the core barriers are not just money but constrained non-fungible resourcesmost notably time land power and long-lead infrastructure (LLI). IRENs data center architecture is the product of over five years of disciplined iteration rooted in first principles and relentless empirical testing rather than bursts of creative genius. Every meaningful design decision was" @litigious_dulce on X 2025-07-14 14:22:49 UTC 2731 followers, XXX engagements
"If were being honest $IREN s data centers are not visually impressive. They seem short and basic almost too utilitarian. By contrast $EQIX s data centers are works of art. Ill leave it to the reader to guess which picture depicts IRENs data centers Also when we hear the term modular most probably think along the lines of mobile or manufactured homes. Modular sounds cheap transient and low-quality. How big of a surprise would it be then if the modular aspect of IRENs data centers were its biggest strength What if the abstract spartan design optimally reduced costs while future-proofing the" @litigious_dulce on X 2025-07-11 18:58:22 UTC 2734 followers, 17.3K engagements
"There are a lot of new investors in $IREN and $CIFR now. Nice to have you but dont assume you speak for the rest of us. A drop of X% is fucking nothing. Weve seen these go up and down XX% in a week. You guys are traders. Cool I do trades too and make good money. But the investors actually have conviction in the growth of this sector and these specific companies. Continue bragging about your scalps but I am thoroughly unimpressed" @litigious_dulce on X 2025-07-23 15:38:35 UTC 2733 followers, 13.3K engagements
"Here are some interesting slides from Coatues keynote deck. Coatue predicts that in this AI wave of innovation many insurgents will replace tech incumbents. I believe this is in large part because of the incredible demand for AI/HPC cloud services which are generally much more lucrative than traditional IT services. Customers often pay $2$5 per GPU hour (or more) for access to the latest AI hardware with gross margins typically ranging from 60-90%. In contrast revenue and margins for managed IT services legacy data center colocation or general outsourcing are typically much lower. Now that" @litigious_dulce on X 2025-07-20 14:47:24 UTC 2734 followers, 2939 engagements
"The main difference between colocation and a cloud service provider (CSP) lies in control and responsibility. In a colocation model the customer owns and maintains their own servers networking gear and sometimes storage but rents space (rack power cooling connectivity) in a third-party data center. The colocation provider ensures physical security power and climate control but the customer is responsible for managing and maintaining their own IT hardware and software. In contrast a CSP like AWS Azure or Google Cloud offers a fully managed infrastructure stack. The customer does not own any" @litigious_dulce on X 2025-07-02 15:42:33 UTC 2731 followers, 1913 engagements
"I deliberated for several hours yesterday and today regarding the following: 1) Although $IREN s data centers in Canada can operate air-cooled B200s IREN can only commission about 100K GPUs there. $CRWV will buy about 500K Blackwells this year alone. 2) In all likelihood IREN can air-cool Hoppers but not B200s in Texas due to the high ambient temperature (rack density is irrelevant). 3) IREN probably has disclosed all sites that will be energized in 2026 meaning there isnt some other site in a colder climate suitable for CSP expansion. Therefore if IREN plans to scale CSP it must do so in" @litigious_dulce on X 2025-07-13 16:01:35 UTC 2734 followers, 28.5K engagements
"Is $IREN finally going to beat those R. Kelly allegations" @litigious_dulce on X 2025-07-22 14:52:34 UTC 2733 followers, 15.2K engagements
"Yes I support exploring creative solutions for ensuring stable bitcoin mining revenue. I believe this is strategically valuable and will ensure that IREN has maximal leverage in negotiations with AI/HPC counterparties. We must remember that everyoneparticularly the hyperscalersdisrespect bitcoin mining. They are actually disgusted that IREN is using MW to mine bitcoin and pissed they even need to breathe the same air. Its not easy to negotiate with someone who hates you to this extent. If in the back of their mind they think that your primary (in fact only) source of revenue can implode at" @litigious_dulce on X 2025-07-24 04:01:31 UTC 2733 followers, XX engagements
"Ya the price action wasnt really tethered to fundamentals because the market equates Bitcoin mining to doing onlyfans. Doesnt matter if you make $10m its still sex work lol. Now its not at all obvious Iren mines bitcoin from the website. The company is trying to improve its image and has AI (Always Innocent) written all over. This will make it easier to persuade new investors that its a respectable company" @litigious_dulce on X 2025-07-23 16:13:50 UTC 2733 followers, 1061 engagements
"Hey @IREN_Ltd nice website Do you have a company overview video about AI Of course Heres one where the first XX% is about bees and the next XX% is about human extinction. Cheers Thats about as off the wall as talking about time dilation on a first date lol" @litigious_dulce on X 2025-07-22 17:55:49 UTC 2733 followers, 4065 engagements
"One day $IREN will pump without dumping and we will all look like this" @litigious_dulce on X 2025-07-16 14:02:39 UTC 2733 followers, 10.2K engagements
"This thought literally just occurred to me so its not fully formed: can $IREN buy long-term puts on Bitcoin Lets say by EOY Bitcoin hits $250k. IREN mines all-in for 30k. Suppose they buy a X year long put 200k strike for $20k per bitcoin (all hypothetical numbers). Wouldnt this largely insulate IREN from a Bitcoin drawdown And all theyre doing is worsening their margin by like $20k per bitcoin which would still be better than many peers. Further its not like IREN needs to buy all the puts at once. IREN can periodically buy the puts accelerating the purchase if bitcoin starts to drop" @litigious_dulce on X 2025-07-24 03:10:54 UTC 2733 followers, 5888 engagements
"I was just relying on memory at the time and may have been wrong. Lets assume X year contract for the B200s (pricing varies depending on contract duration with on demand being the most expensive and X years being the cheapest). Lambda charges $XXXX per gpu-hr for a X year contract. Lambda is representative of the market so lets just say $IREN charges $XXXX per gpu-hr all costs included (many CSPs charge costs in addition to gpu-hr). If IREN is using a CSP aggregator like Nvidia Lepton (the Uber of GPU Capacity) then we can assume virtually XXX% utilization. So $3.2524365=$28.5k. If IREN" @litigious_dulce on X 2025-07-14 05:10:46 UTC 2733 followers, XXX engagements
"I wonder if $IREN can compete on price with $NBIS I can sense @tim_delcourt s frustration 😛" @litigious_dulce on X 2025-07-13 14:40:53 UTC 2732 followers, 6649 engagements
"What really intrigues me about this option (pun intended) is that everyone wants colocation because they view it as lower risk than bitcoin. But if you buy a put then you install a floor on the price of your bitcoin. This derisks the business model and can make it much more lucrative than colocation (again bitcoin mining is about as profitable as colocation today; assuming bitcoin doubles in price obviously mining will be even more profitable). A one year put should be sufficient. I doubt bitcoin will have a multi-year bear cycle again. So once we pass that phase of the market then we are en" @litigious_dulce on X 2025-07-24 03:19:21 UTC 2733 followers, 1289 engagements
"Profitability does hinge on scale though Yes cost of electricity and ASIC efficiency both matter tremendously but even if you have both you can be unprofitable if you lack scale. See $CIFR which has best-in-class electricity cost and very good ASIC efficiency. If scale improves margins by XX% and IREN has a net profit margin of XX% then thats the difference between a slightly profitable company and a very profitable company. Regarding ROIC lets say IREN spent $20m/EH so $1B total for its ASICs. Lets then say that it makes a net profit of about $250m/year for the next three years (assume $0" @litigious_dulce on X 2025-07-05 16:16:07 UTC 2731 followers, 7802 engagements
"The fact that top CSPs are choosing to white-label $IREN s infrastructure is a powerful form of external validation. These partners are extremely selective and their reputations depend on delivering high-quality reliable service to their own customers. When a leading CSP entrusts its brand and business to IRENs backend it signals that IRENs data centers meet or exceed the most demanding standards for uptime security and performance. In effect IRENs operational credibility is endorsed by some of the most sophisticated buyers in the market. IRENs exceptional ability to scale is central to its" @litigious_dulce on X 2025-07-19 17:21:04 UTC 2732 followers, 6786 engagements
"Although this space is excellent investors should be familiar with most of the information shared. Still there are some highlights: IREN can likely build Horizon X data centers for $67M/MW due to a combination of (1) deep in-house engineering and construction experience (2) low-cost sites and power (3) vertical integration (4) a no-frills hyperscale-first design philosophy and (5) a founder-led culture that treats every dollar as their ownwhile peers build for $1012M/MW because they operate in higher-cost regions outsource more and cater to broader (often enterprise) use cases. Detailed" @litigious_dulce on X 2025-07-19 02:25:27 UTC 2734 followers, 9343 engagements
"$0.75/hr is not market price for H100s. Pretty sure the person interviewed was being hyperbolic and quoting the lowest number he found. However theres little to no supply at that price and the CSP is certainly shady as fuck. Also GPU-hr pricing is just one cost; there may or may not be additional costs. Oftentimes when you see a really low GPU-hr price the CSP is not telling you about really outrageous additional costs" @litigious_dulce on X 2025-07-13 23:49:29 UTC 2732 followers, XXX engagements
"If IREN doesnt use any debt it can reach NBIS-scale pretty trivially. However to compete with CRWV (and hyperscalers) IREN must rely on external capital. The more IREN can borrow the faster IREN will grow. If next year IREN can borrow $5B then IREN can compete with CRWV. If within X years IREN can borrow $10-25B IREN can compete with anyone. Strategically I think it makes sense to use debt to invest $5B into Blackwells 2026 and $10B into Rubins 2027. These sums are not unrealistic" @litigious_dulce on X 2025-07-16 21:41:47 UTC 2733 followers, XXX engagements
"lol a lot of the retail analysts have been saying to buy calls on $IREN since the SP was around $5-8 dollars. We provided in depth fundamental and technical analysis. Even Iren the company is impressed and shocked by the quality of our DD because we discover things they have intentionally been waiting to disclose" @litigious_dulce on X 2025-07-23 15:16:23 UTC 2733 followers, XXX engagements
"For everyone asking why $IREN hasnt closed a colocation deal yet: 1) Why do you care when the stock price is at a new 52-week high Your long position cannot be underwater. 2) Bitcoin mining is about as profitable as most colocation deals. Bitcoin mining annual revenue = 50k PH * $60/PH * XXX = $1.1B. See Bitcoin mining EBITDA = $780m no additional financing or investment required. By contrast if all XXX MW of Childress were used for colocation then assuming a PUE of XXX and a $2.25m/MW Colocation annual revenue = XXX MW / XXX * $XXXX m/MW = $1.1B. Colocation EBITDA = $950m. However colocation" @litigious_dulce on X 2025-07-21 03:54:31 UTC 2734 followers, 11.1K engagements
"A picture is worth a thousand words. So heres three pictures. $IREN" @litigious_dulce on X 2025-07-09 14:44:47 UTC 2733 followers, 8394 engagements
"Starting around minute XX. Neocloud companies are mad at Nvidia for competing with them using Lepton. Interesting commentary from Dylan Patel" @litigious_dulce on X 2025-07-24 05:14:03 UTC 2733 followers, 1637 engagements