Dark | Light
[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.]

![TheKamaHsutra Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1418176901919690757.png) Kamahsutra [@TheKamaHsutra](/creator/twitter/TheKamaHsutra) on x 4111 followers
Created: 2025-07-21 02:29:47 UTC

I think there is a misconception that $IREN would be building a software stack from scratch, I don't think that is accurate. I will post more about that later. Also, if you look at the $ numbers, it makes sense for them to try and move up the software stack if possible. Wholesale at large scale is still very profitable for IREN. However, if looking at even a XXX MW deployment of Blackwell, doing it all wholesale vs some wholesale combined with own platform, the difference in annual revenues is hundreds of million per year.  It's worth it to build your own stack if you can.


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947121800615174525/c:line.svg)

**Related Topics**
[profitable](/topic/profitable)
[wholesale](/topic/wholesale)
[$iren](/topic/$iren)

[Post Link](https://x.com/TheKamaHsutra/status/1947121800615174525)

[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.]

TheKamaHsutra Avatar Kamahsutra @TheKamaHsutra on x 4111 followers Created: 2025-07-21 02:29:47 UTC

I think there is a misconception that $IREN would be building a software stack from scratch, I don't think that is accurate. I will post more about that later. Also, if you look at the $ numbers, it makes sense for them to try and move up the software stack if possible. Wholesale at large scale is still very profitable for IREN. However, if looking at even a XXX MW deployment of Blackwell, doing it all wholesale vs some wholesale combined with own platform, the difference in annual revenues is hundreds of million per year. It's worth it to build your own stack if you can.

XXX engagements

Engagements Line Chart

Related Topics profitable wholesale $iren

Post Link

post/tweet::1947121800615174525
/post/tweet::1947121800615174525