They're actually in completely different lanes. $NBIS wants to compete directly with $CRWV, whereas $IREN is betting on its massive 3GW power portfolio and vertical integration to win on price alone.
These are two different worlds—you definitely shouldn't compare them. Everyone has their own competitors, and there will only be more over time. But we definitely have a few years of lead time. We need to capitalize on this boom while it lasts
They're actually in completely different lanes. $NBIS wants to compete directly with $CRWV, whereas $IREN is betting on its massive 3GW power portfolio and vertical integration to win on price alone.
These are two different worlds—you definitely shouldn't compare them. Everyone has their own competitors, and there will only be more over time. But we definitely have a few years of lead time. We need to capitalize on this boom while it lasts