According to CoinMeta, as reported by The Block, Bernstein estimates that by 2030, the annual revenue from cloud services of Bitcoin mining company IREN will reach $17 billion, with cloud capacity reaching 2 gigawatts at that time. Additionally, Bernstein predicts that IREN will cease its Bitcoin mining operations by the end of 2026, and notes that the pricing for three-year AI cloud contracts has increased by about 125% since November last year.