[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.]  Kamahsutra [@TheKamaHsutra](/creator/twitter/TheKamaHsutra) on x 4132 followers Created: 2025-07-19 19:58:43 UTC It's simple economics. At the current BTC hash prices relative to $IREN's hash costs, they're making just as much money mining BTC now as they would be from a colocation deal. IREN has the luxury of waiting for their terms that others probably didn't. Of course we worry about the window that is available to do a big colocation deal, and I am quite certain that IREN knows this window much better than us. People who keep thinking they got passed over by $CRWV have not looked at the mining economics of IREN. As BTC prices goes up more, they're making more than a colocation deal would provide. Why are people so desperate to throw away something so profitable right now? Anyone who wants to work with IREN will have to make it worthwhile for IREN and IREN shareholders. CSP is a different matter. From all the clips I have watched of @danroberts0101 and what he has said in the past leads me to believe that his ambition was always to be a competitor to the hyperscalers, he certainly has amassed the power portfolio capable of it. I think that the $CORZ deal altered some of the market's expectations and looking for a colocation deal instead since it was viewed less risky. NVDA DGX Cloud Lepton has really altered equation in the other direction again. The beauty is that with their GW portfolio, IREN can do both in parallel. XXXXXX engagements  **Related Topics** [twitter](/topic/twitter) [luxury](/topic/luxury) [iren](/topic/iren) [mining](/topic/mining) [money](/topic/money) [$irens](/topic/$irens) [bitcoin](/topic/bitcoin) [coins layer 1](/topic/coins-layer-1) [Post Link](https://x.com/TheKamaHsutra/status/1946660996656865741)
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Kamahsutra @TheKamaHsutra on x 4132 followers
Created: 2025-07-19 19:58:43 UTC
It's simple economics. At the current BTC hash prices relative to $IREN's hash costs, they're making just as much money mining BTC now as they would be from a colocation deal. IREN has the luxury of waiting for their terms that others probably didn't.
Of course we worry about the window that is available to do a big colocation deal, and I am quite certain that IREN knows this window much better than us. People who keep thinking they got passed over by $CRWV have not looked at the mining economics of IREN. As BTC prices goes up more, they're making more than a colocation deal would provide. Why are people so desperate to throw away something so profitable right now? Anyone who wants to work with IREN will have to make it worthwhile for IREN and IREN shareholders.
CSP is a different matter. From all the clips I have watched of @danroberts0101 and what he has said in the past leads me to believe that his ambition was always to be a competitor to the hyperscalers, he certainly has amassed the power portfolio capable of it. I think that the $CORZ deal altered some of the market's expectations and looking for a colocation deal instead since it was viewed less risky. NVDA DGX Cloud Lepton has really altered equation in the other direction again. The beauty is that with their GW portfolio, IREN can do both in parallel.
XXXXXX engagements
Related Topics twitter luxury iren mining money $irens bitcoin coins layer 1