Oracle just dropped their Q2 numbers and the cloud division is absolutely cooking. Their infrastructure-as-a-service segment jumped from 55% growth last quarter to a whopping 68% year-over-year, pulling in $4.1 billion. The entire cloud business hit $8 billion in revenue, with growth rate climbing from 28% to 34%. That acceleration pace? Pretty wild for a company this size. Considering how many blockchain nodes and crypto infrastructure run on enterprise cloud platforms, these numbers might be more relevant to our space than people think.

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LostBetweenChainsvip
· 9h ago
Oracle's growth rate is really incredible, 68%... It's a bit outrageous that big companies can push so hard. --- IaaS doubled in growth, and our nodes depend on these folks. They're making a fortune, and we have to suffer along. --- Wait, $800 million in cloud revenue with a 34% increase? How can these numbers be so off? Did they change the reporting standards again? --- Honestly, it's ridiculous that all blockchain infrastructure is relying on these centralized cloud platforms. We need to find a way. --- Once Oracle's earnings report comes out, the Web3 community will be cut again. Cloud costs are probably going to rise. --- We really can't do without these giants. Just enjoy the ride. --- 68% growth, investors must be over the moon. But I just want to ask, when will our gas fees also decrease? --- Feeling a bit anxious. The cost of node hosting is likely to go up, which means small miners have even less chance.
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NftDeepBreathervip
· 9h ago
Oracle's growth figures are really crazy... 68% IASS growth rate; it's already quite difficult for large enterprises to achieve this. Web3 infrastructure indeed depends on these cloud service giants; it seems we need to pay more attention to their movements. Wait, $4.1 billion in revenue is still accelerating? This pace is really hard to keep up with.
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SybilSlayervip
· 10h ago
This growth rate for Oracle is truly terrifying... 68% year-over-year? Major companies can still surge like this, which shows that the cloud computing dividends haven't been finished yet.
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GasFeeCrybabyvip
· 10h ago
The growth rate of Oracle is a bit outrageous, with a 68% growth in IASS... It seems like the entire crypto infrastructure is running on their platform. We need to be cautious.
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