Bitcoin Convention Day 2: Mayor Of New York, Mining Margins & Global Hash Rate Trends! Power Mining Analysis podcast

51:21

The Bitcoin mining industry is rapidly pivoting toward high-performance computing as executives see greater profitability potential in AI infrastructure compared to traditional mining. Key insights from seven recent earnings interviews reveal how companies are strategically repositioning themselves for the future. • Bitcoin remains around $114,000 after reaching an all-time high of $124,000 last week • Federal Reserve expected to cut rates by 25 basis points in September • CoreWeave deal with Core Scientific has declined nearly 50% in value since announcement • Mara confirmed they are exploring HPC expansion through a 64% investment in a data center company • Riot is fully committing to HPC at Corsicana, reallocating 600 megawatts from Bitcoin mining • Cipher Mining's management expects to announce an HPC client for Black Pearl by year-end • Bitfarms has partnered with T5 Data Centers and secured $300 million from Macquarie • Hive is rapidly expanding in Paraguay to reach 25 exahash by Thanksgiving • Bit Digital is completely exiting Bitcoin mining to focus on Ethereum treasury and HPC • Bitdeer is developing their own mining equipment with SealMiners already in production • Many mining stocks are trading at market caps barely above their Bitcoin holdings Join us at the HC Wainwright Conference in New York from September 6-11. If you're attending, we'd love to meet up at Pub Key or the Orange Group After Dark event! Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

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Bitdeer Technologies - Head of Capital Markets, Jeff LaBerge Q&A - Q2 Earnings, Inflection Point & HPC Outlook! 37:16

2 days ago37:16

37:16

Bitdeer Technologies Group is experiencing an inflection point across all three business verticals as their vertical integration strategy translates into impressive operational and financial results. • Self-mining capacity growing from under 10 exahash to 22.5 exahash, with plans to exceed 40 exahash by year-end 2025 • Efficiency improvements from 32 joules per terahash to 25-26 joules per terahash, with further gains expected • SEALMINER division sold 5 exahash of A2 and A2 Pro miners, generating $70 million in revenue • Q2 revenue more than doubled to $155 million with positive EBITDA of $17.3 million • Upcoming A3 miner launching in October expected to be among most efficient rigs on market • A4 chip development targeting breakthrough 5 joule per terahash efficiency with potential applications beyond Bitcoin mining • 570-megawatt Clarington, Ohio site progressing with advanced discussions for HPC/AI development partnership • US manufacturing for SEAL miners commencing by early 2026, potentially mitigating tariff concerns • $375 million convertible note offering completed in June, ending Q2 with $300 million cash and 1,500 bitcoin • Norway site gaining attention following OpenAI's Stargate Norway announcement, offering 100% hydropower and cooling advantages If you're still watching, hit the like button, leave a comment letting us know if you're holding Bitdeer shares, and subscribe to McNallie Money for more power mining analysis. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

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Mining Giants in Turbulent Waters: WULF, BTDR, RIOT, BITF & HIVE News! 32:53

2 days ago32:53

32:53

McNallie Money explores the latest miner news as Bitcoin pulls back to the $113,000 range, examining how top companies are pivoting to HPC and AI strategies while managing Bitcoin's volatility. • TeraWulf expands partnership with Google, increasing Google's stake from 8% to 14% with a new 160MW HPC contract • TeraWulf upsizes convertible note offering to $850 million with potential to reach $1 billion • Bitfarms adds former AWS executive to board as they continue developing HPC strategy for Panther Creek • Riot Blockchain reducing Bitfarms ownership from 7.2% to 4.6%, likely exiting position completely soon • Hive's Buzz HPC partners with Bell Canada to build sovereign AI ecosystem powered by NVIDIA GPUs • CleanSpark changes CEO with speculation they may finally enter the HPC/AI space • Bitdeer reports 57% YoY revenue growth with $69.5M from SealMiner sales, targeting 40 exahash by October • Network hashrate approaching 1,000 exahash seven-day average with minimal difficulty adjustment expected Take a second to like and subscribe to McNallie Money, and let us know in the comments how you're feeling about Bitcoin miners in light of today's pullback and your current top pick in the space. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

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HIVE Digital Technologies - CEO Aydin Kilic & Chairman Frank Holmes Q&A - Q1 Earnings, Paraguay & HPC! 37:35

3 days ago37:35

37:35

Hive Digital Technologies delivers exceptional Q1 earnings with 15 exahash of Bitcoin mining capacity and expanding high-performance computing operations, driving nearly $1 million in daily revenue. • 15 exahash of Bitcoin mining capacity achieved, with 18 exahash projected by summer's end • Mining 7.5 Bitcoin daily with industry-leading 55% mining margins, projected to increase to 60% • Quarterly mining of 406 Bitcoin, with 206 Bitcoin produced in July alone • 300 megawatt Paraguay facility being completed ahead of schedule, with construction six weeks ahead of projected timeline • $16 million gross operating margin for Q1, with $45 million adjusted EBITDA and $35 million net income • High-performance computing business reached $20 million annualized run rate, targeting $100 million by 2026 • Toronto data center acquisition positions Hive to become Canada's largest sovereign data center • Lowest G&A in the sector at 12% of revenue compared to competitors at 40-54% • 15% ROIC in trailing 12 months with earnings per share up 18% in Q1 • All ASICs fully paid for with clear path from current 15 exahash to 25 exahash Take a second to smash the like button, guys. If you're not already subscribed to McNallie Money, feel free to join and let us know in the comment section below if you're currently holding shares of Hive and what you thought about the results. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

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Bit Digital - CEO Sam Tabar - Q2 Earnings, Ethereum Strategy and Bitcoin Mining Exit! 41:54

3 days ago41:54

41:54

Sam Tabar, CEO of Bit Digital, returns to discuss the company's Q2 earnings, their strategic pivot to Ethereum, and the successful IPO of their WhiteFiber data center business. • Bit Digital has completed its transition away from Bitcoin mining to focus exclusively on building one of the largest institutional Ethereum treasuries in public markets • Sam explains why Bitcoin mining is fundamentally flawed as a long-term business model due to halving events, increasing hash rates, and future competition from sovereign nations • Q2 financials showed $26 million in revenue with significant improvement in profitability, posting nearly $15 million in net income • Bit Digital now holds over 120,000 ETH and employs a staking strategy to generate on-chain yield from their holdings • The company plans to use its 74% ownership in WhiteFiber as a non-dilutive financing source to further grow their Ethereum position • Sam shares his background co-founding an Ethereum company in 2017 and explains why Ethereum's smart contract technology represents a revolutionary advancement over Bitcoin • Management structure remains lean with Sam serving as CEO of both Bit Digital and WhiteFiber, with dedicated operational teams for each business • Recent regulatory developments including the Genius Act and new SEC leadership have created tailwinds for Ethereum adoption If you enjoyed this episode, please hit the like button, subscribe to McNallie Money, and let us know in the comments if you're holding BitDigital shares and what you thought about their quarterly results. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

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Earnings Week Continues: HIVE, Soluna Holdings & Bit Digital Earnings Analysis! 34:45

6 days ago34:45

34:45

The cryptocurrency mining landscape is evolving rapidly as companies pivot beyond Bitcoin mining toward high-performance computing and AI infrastructure services to diversify revenue streams and improve profitability. • TeraWulf's share price surged 60% following announcement of their FluidStack/Google contract • Core Scientific's deal with CoreWeave has dropped from $9 billion to $5.4 billion in just five weeks • Soluna Holdings operates with industry-leading power costs of 3.3 cents per kilowatt hour • Soluna plans to expand from 89 megawatts to 773 megawatts with multiple large-scale projects • Hive Digital Technologies reported record quarterly revenue of $45.6 million • Hive's HPC revenue increased 60% sequentially with higher profit margins than Bitcoin mining • Hive plans to expand from 15 to 25 exahash by Thanksgiving, potentially mining 12 Bitcoin daily • Bit Digital has converted Bitcoin holdings to 121,000 Ethereum tokens worth $511 million • Bit Digital maintains $181 million cash with zero debt and is exiting Bitcoin mining operations • Bitcoin hash price currently at $57.41 with global hash rate stabilizing around 922 exahash Smash the like button if you enjoyed the episode and leave a comment letting us know if you're holding any of these three companies and your top pick out of the group. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

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Bitfarms - CEO Ben Gagnon Q&A - Q2 Earnings & HPC Outlook! 52:24

7 days ago52:24

52:24

Bitfarms has transformed from a Latin American Bitcoin mining company to a North American energy and HPC/AI powerhouse, with CEO Ben Gagnon highlighting their strategic repositioning and financial strength to capitalize on the explosive growth in data center demand. This comprehensive transition includes stabilizing their Bitcoin operations while developing high-value data center infrastructure in Pennsylvania and Washington state to serve the rapidly expanding AI computing market. • Complete reorganization of the company with strengthened management team • Pivot to North America with 82% of megawatts now in the US and Canada • Bitcoin mining fleet now fully deployed and optimized at 17 watts per terahash • Secured $300 million Macquarie financing facility for Panther Creek development • Strategic partnership with T5 Data Centers to manage construction process • Pennsylvania location benefits from robust energy access, cooler climate, and fiber connectivity • Washington site offers immediate access to cheap hydroelectric power in high-demand region • Strong balance sheet with $220-230 million in liquidity across cash and Bitcoin • Active share repurchase program with over 10% of available shares already bought back • Argentina site shutdown negotiated for optimal capital recovery Take a second to smash the like button, subscribe to McNally Money, and let us know in the comment section if you're currently holding shares of BitFarms and what you thought about their quarterly results. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

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TeraWulf, Fluidstack & Google Deal + Canaan Earnings Analysis! 30:19

7 days ago30:19

30:19

TeraWulf lands a game-changing hyperscaler deal with FluidStack and Google worth $3.7 billion over 10 years, representing what the entire Bitcoin mining sector has been waiting for. We also examine Canaan's Q2 earnings which show their strategic pivot toward self-mining as a significant revenue stream. • TeraWulf shares surge over 50% on news of the FluidStack/Google partnership • Deal includes 200 megawatts of critical IT load with 85% operating margins • Google taking an 8% stake in TeraWulf to align interests • TeraWulf secures 80-year lease at Cayuga site for 400MW additional HPC capacity • Plans to deploy 150-200MW of new HPC capacity annually • Canaan Q2 revenue reaches $102 million with 28% now coming from self-mining • Bitcoin price pulls back from $124K to around $117K • Core Scientific shareholders facing decision on CoreWeave acquisition as valuation decreases • Mining companies pursuing HPC strategies see share prices rise despite Bitcoin pullback • Industry experts suggest we're just scratching the surface of hyperscaler partnerships Smash the like button if you found this information valuable and subscribe to McNallie Money for more power mining analysis. Let us know in the comments if you're holding TeraWulf shares and what you think about today's news. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

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Bitcoin Miners Struggle Despite Crypto Rally: HODL, MCAP & BTDR Production Analysis! 27:41

8 days ago27:41

27:41

The cryptocurrency market exhibits a puzzling disconnect as Bitcoin and Ethereum approach all-time highs while mining stocks struggle to capture investor interest. Bitcoin miners trade at minimal premiums despite holding substantial assets and operational infrastructure. • Bitcoin reaches $121,000 while Ethereum surges over 50% in the past month, approaching its all-time high of $4,800 • Standard Chartered revises Ethereum year-end target from $4,000 to $7,500, with $25,000 predicted by 2028 • Institutional adoption replaces retail investors as primary market drivers after 14 years of crypto development • MARA holds Bitcoin valued at 104% of its entire market cap, effectively valuing operations at zero • CoreWeave receives 60x EBITDA multiple from analysts while Core Scientific drops 9% after earnings • Bitdeer increases production by 34% in July with global operations in US, Norway, and Bhutan • SEAL miner A3 nears commercial launch with A4 in development, promising market-leading 5 joules/terahash efficiency • Hash price rises to $59 with potential difficulty reduction expected around August 23rd • Top 100 Bitcoin treasury companies now require minimum 50 BTC holdings, up from just 3 BTC when tracking began • 31 companies increased Bitcoin holdings last week, demonstrating accelerating corporate adoption Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

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Bitfarms & Core Scientific Earnings + MARA & Soluna Holdings News! 27:51

9 days ago27:51

27:51

Mining giants Core Scientific, Bitfarms, Soluna Holdings, and MARA are strategically pivoting toward high-performance computing while navigating post-halving challenges amid Bitcoin trading near $120,000 and Ethereum surging 50% monthly. • Core Scientific reported $78.6M quarterly revenue with positive adjusted EBITDA of $21.5M despite posting a $936M net loss (primarily from non-cash warrant valuation) • Pending CoreWeave transaction valued at approximately $7.72B based on current share price of $141.65, down from initial $9B valuation • Bitfarms secured $300M debt financing for HPC/AI initiatives while exiting South America operations to focus on North American opportunities • Soluna announced expanded partnership with Galaxy Digital for 48MW Bitcoin mining deployment at Project Cati 1 • MARA acquiring 64% stake in EDF subsidiary Exxon (HPC/cloud provider) for $168M, marking definitive entry into AI infrastructure • Bitcoin miners increasingly diversifying beyond mining to leverage expertise in power infrastructure management for AI applications • Ethereum's dramatic price increase driven by institutional treasury adoption and ATM issuances Take a second to smash the like button, guys. If you're not already subscribed to McNallie Money, feel free to join and let us know in the comment section below if you're currently holding any of these four stocks and which is your favorite in the Bitcoin mining sector. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

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The Rise and Fall of CleanSpark: What's Next for America's Bitcoin Miner? 42:58

10 days ago42:58

42:58

CleanSpark CEO Zach Bradford has resigned with Chairman Matt Schultz taking over as the new CEO, marking a significant leadership shift for America's Bitcoin miner. Bitcoin and mining stocks kicked off the week with a bullish start as BTC briefly touched $122,000 before settling around $120,000. • CleanSpark achieved its ambitious target of 50 exahash by June 2024 • Leadership change comes despite CleanSpark's strong operational performance • Share price has declined from $23-24 to under $10 despite hash rate growth • Company operates 33 smaller sites versus competitors' mega-facilities • CleanSpark remains committed to pure Bitcoin mining without HPC/AI strategy • Company has second most efficient mining fleet at 16.07 joules per terahash • March 2024 insider selling and ATM announcement damaged retail sentiment • Zach Bradford's separation package totals approximately $29 million • Matt Schultz previously served as CEO when the company formed in 2014 • Company has maintained strong operational metrics despite share price struggles Let us know in the comment section if you're holding shares of CleanSpark and if you support today's leadership change. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

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CleanSpark & TeraWulf Earnings + HIVE Production Update! 23:30

13 days ago23:30

23:30

Bitcoin miners trade deep in the red despite Bitcoin holding above $116,000, demonstrating the volatile nature of mining stocks compared to the underlying cryptocurrency they produce. • Hive Digital Technologies reaches 15.1 ExaHash milestone, representing 150% hash rate growth since January • July production totaled 203 Bitcoin, up 24% from June, with improved fleet efficiency of 5% • Hive targeting 25 ExaHash by Thanksgiving through strategic partnership with Bitmain • TeraWulf reports mining 485 Bitcoin in Q2, with average energy costs of $45,555 per Bitcoin • TeraWulf's HPC strategy includes 72.5 MW contract with Core42, with revenue beginning in Q3 • CleanSpark reports $257M net income heavily influenced by Bitcoin price appreciation • CleanSpark's total cash cost per Bitcoin at $64,016, with additional $47,000 in depreciation per coin • Mining companies face significant impact from non-cash expenses, particularly depreciation • Current Bitcoin price of $116,000 represents substantial increase from Q2 average of $98,500 Take a second to hit the like button and subscribe to McNallie Money. Let us know in the comments if you're holding any of these three companies and what you thought about their recently reported numbers. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

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Cipher Mining - CEO Tyler Page Q&A - Q2 Earnings, Black Pearl Phase II & HPC Updates! 41:27

13 days ago41:27

41:27

Tyler Page, CEO of Cipher Mining, discusses the company's recently reported Q2 results, highlighting the ahead-of-schedule completion of their new Black Pearl data center and their strategic approach to Bitcoin mining profitability. • Completion of Black Pearl's first 150 megawatts ahead of schedule, with full operation expected by end of Q3 • Strategic curtailment approach that prioritizes profitability over uptime metrics • Cash cost of $27 per petahash per day at quarter end, with projections to drop to $24 • Different operational strategies across their three types of facilities based on machine efficiency • Vision for sustainable Bitcoin mining beyond the next halving by extending machine life • Plans for Phase Two of Black Pearl with flexible tier system for HPC data center clients • Renewed interest from potential HPC clients who had previously gone quiet • $150 million convertible note funding used partly to secure discount on Bitmain order • Compensation philosophy focused on fewer but more experienced professionals • Complementary relationship between Bitcoin mining and HPC data centers Hit the like button, guys. Big help to myself and the channel. If you're not already subscribed to McNally Money, feel free to join and let us know in the comment section below if you're currently holding shares of Cipher Mining and what you thought about their earnings. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

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The Bitcoin Mining Landscape: Cipher Q2 Earnings, DMG & Soluna Production & WYFI IPO! 39:28

14 days ago39:28

39:28

McNallie Money delivers an action-packed analysis of Q2 earnings from Cipher Mining alongside July production results from DMG Blockchain and Soluna Holdings, while examining the WhiteFiber IPO and its implications for Bit Digital shareholders. • Bitcoin price trading around $117,000, reaching the top end of its recent range • WhiteFiber (WYFI) IPO at $17 per share with 9.375 million shares sold and underwriters having option for 1.4 million more • DMG Blockchain produced 26 Bitcoin in July (up from 23 in June) with improved operational hash rate of 1.65 exahash • DMG reduced debt by half to $10 million and plans to increase Bitcoin retention with improved energy costs • Soluna maintained consistent production with 8.5 Bitcoin in July while hosted hash rate grew to over 2 exahash • Soluna projects growth to 368 megawatts capacity by 2026 with potential revenue reaching $79 million • Cipher Mining reported $46 million net loss in Q2 despite strong Bitcoin prices • Black Pearl facility achieving 13.9 joules per terahash efficiency with power cost of $27,000 per Bitcoin • Global hash rate exceeding one zetahash with 1% difficulty adjustment expected • Bitcoin miners increasingly designing facilities with flexibility to transition to HPC and AI applications Join us tomorrow as we welcome Tyler Page from Cipher Mining to discuss their Q2 earnings and the Black Pearl facility in more detail. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

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IREN Shatters Records: IREN & CIFR Production + IREN, MARA, CLSK, RIOT & CIFR Analysis! 27:56

15 days ago27:56

27:56

Bitcoin miners Iren and Cipher release blockbuster July production results with Iren mining a record 728 Bitcoin at 76% gross margins while Cipher reaches their 20 exahash target. The standout performers demonstrate how strategic power management and operational efficiency separate industry leaders from competitors. • Iren delivers 91% fleet utilization despite summer curtailment pressures • Cipher Mining earns power credits equivalent to 6 Bitcoin ($690,000) through strategic curtailment • Iren's HPC/AI business generates $2.3 million in July revenue with more GPUs being deployed • Power cost comparison shows leaders achieving 2.7-2.8 cents per kilowatt hour • Texas energy market provides competitive advantage through power purchase agreements • Iren, CleanSpark, and Riot lead efficiency metrics at approximately 16 Bitcoin per exahash • Construction updates show Iron on track to energize 2.3 gigawatts for data centers by mid-2026 Take a second to smash the like button and subscribe to McNallie Money. Let us know in the comments which miner you're currently holding and prefer - Iren or Cipher? Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

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Spotlight: Deep Dive into Canaan Stock! 25:19

5 weeks ago25:19

25:19

Canaan is a pioneering Bitcoin ASIC manufacturer that has evolved into a global mining operation with significant holdings and competitive advantages. We examine their journey from hardware innovation to strategic mining operations across multiple continents. • Founded in 2013 as an ASIC manufacturer with their Avalon series miners • Currently holds 15-20% market share in the global ASIC manufacturing space • Latest Avalon A15 Pro achieves 16.8 joules per terahash efficiency • Innovative product lineup includes home miners that double as heating solutions • Operating mining facilities across USA, Ethiopia, Canada, and Middle East • Currently running 8.16 EH/s with 6.57 EH/s operational, expanding to 8.94 EH/s • Extremely competitive 4.6¢/kWh average power cost across global operations • Holding 1,484 BTC worth $159 million as of June 2023 • Management recently purchased 817,000 shares on open market • Board authorized $30 million share repurchase program • Share price doubled from $0.50 to over $1.00 with record trading volume • Analyst Kevin Dede issued $3.00 price target Smash that like button and subscribe to McNally Money for more power mining analysis! Let us know in the comments if you've heard of Canaan before and if you're currently holding shares.…

Power Mining Analysis

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The Crypto Week That Could Change Everything: GENIUS, CLARITY & Anti-CBDC Bills Explained! 30:36

5 weeks ago30:36

30:36

The cryptocurrency market is experiencing a major week with Bitcoin reaching $119,000 and crucial legislation being considered in Washington that could transform America's approach to digital assets. • Three key bills being voted on in the US this week could redefine the crypto landscape • Bitcoin miners showing strong performance with many up in high single or low double-digit percentages • Bit Digital filed an S1 for WhiteFiber spinoff with ticker WYFI, with 80% going to existing shareholders • Blockstream and Cantor Fitzgerald raising a massive $4 billion for Bitcoin treasury investments • Soluna Holdings struggled with dilution, selling 9 million shares at 55 cents, significantly below recent prices • The Clarity Act aims to clarify which digital assets are securities vs commodities • Anti-CBDC Surveillance State Act would ban central bank digital currencies in the US • The Genius Act would regulate stablecoins with a framework for consumer protection • State-level Bitcoin adoption progressing with Arizona, Texas, and Utah leading with approved Bitcoin reserves • Approximately 50% of US states now have cryptocurrency initiatives in some stage of development Help us understand what content you'd like to see more of by leaving your feedback in the comments section below. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

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Ethereum Treasury Strategy: The New Race Begins! 31:27

5 weeks ago31:27

31:27

The emerging competition between Ethereum strategy companies is heating up as Bit Digital, BTCS, Bitmine, and Sharplink Gaming race to accumulate ETH treasury assets. We analyze how these companies are differentiating themselves from traditional Bitcoin treasury strategies by generating 3% returns through staking. • Ethereum treasury companies seeing strong market interest with competitive acquisitions • Bit Digital raising $67.3 million through share offering to purchase more Ethereum • MARA allocating 2,000 Bitcoin to Two Prime for yield generation • Riot continuing to sell its BitFarms position to fund development initiatives • Core Scientific and CoreWeave deal progressing with 0.1235 share exchange ratio • US regulators now allowing banks to custody Bitcoin and cryptocurrencies • Hash price dropping below $60 with projected 4% difficulty increase • Miner Madness competition showing impressive early returns over 35% Take a second to smash the like button, and if you're not already subscribed to McNallie Money, feel free to join. Let us know in the comment section how you're feeling about miners right now and your top pick in the sector. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

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Miners vs. Treasury Companies: mNAV & HODL Valuation Analysis! 40:09

5 weeks ago40:09

40:09

Bitcoin achieves a significant milestone surpassing $120,000 and becoming the fifth most valuable entity in the world, overtaking Amazon and approaching Apple's market capitalization. This dramatic price movement highlights a fascinating valuation discrepancy between Bitcoin miners and Bitcoin treasury companies in how the market values their Bitcoin holdings. • Explanation of mNAV (Multiple of Net Asset Value) which measures how much premium investors pay for a company's Bitcoin holdings • Analysis of Bitcoin treasury companies like Strategy (mNAV 1.9), MetaPlanet (mNAV 3.7), and SmarterWeb (mNAV 7.6) trading at significant premiums • Discussion of Bitcoin miners like Mara, Riot, and CleanSpark trading at discounts to their Bitcoin holdings despite owning additional assets • Examination of why mining companies face valuation challenges due to operational complexity, capital requirements, and halving events • Exploration of how newer Bitcoin treasury companies have seen explosive growth with SmarterWeb growing from single-digit millions to $1.4 billion • Prediction that mNAV premiums will compress over time as more companies enter the Bitcoin treasury space • Update on major Bitcoin acquisitions with Strategy now holding over 600,000 Bitcoin and MetaPlanet accumulating over 16,000 Bitcoin Smash that like button and let us know in the comments what you think about this mNAV discrepancy and your current top pick in the Bitcoin sector. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

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While Bitcoin Soars to New Heights, Mining Stocks Struggle to Keep Pace... 23:56

6 weeks ago23:56

23:56

Bitcoin breaks through all-time highs reaching $118,000 while mining stocks show a puzzling disconnect by trading mostly flat or down despite the price surge. • Bitcoin has overtaken Silver and Google in market capitalization, with Amazon next in sight • Mining stocks experiencing high trading volumes but mixed performance despite record Bitcoin prices • Hive Digital reaches 12 exahash milestone, doubling their hashrate since the start of the year • Hive targeting 18 exahash by end of Q3 and 25 exahash by year-end • Mining margins for Hive improved to 55% with Paraguay operations vs previous 20% margins • Mara Holdings appoints Nur Rikovic as Chief Product Officer to advance AI integration strategy • Core Scientific acquisition deal value declining from $9B to under $7B • Bitcoin mining difficulty increasing by 7.4%, erasing previous reduction • Difficulty increases creating a "second halving effect" with 300% increase over four years Like the video and subscribe to McNallie Money! Let us know in the comments which miner you're most bullish on right now and why. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

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CoreWeave's $9 Billion Acquisition of Core Scientific: Deal Analysis and Shareholder Implications! 36:44

6 weeks ago36:44

36:44

The cryptocurrency mining landscape is undergoing a transformative shift with CoreWeave's announced $9 billion acquisition of Core Scientific, representing one of the most significant transactions in the industry's history. • CoreWeave offering 0.1235 shares for each Core Scientific share, initially valued at $20.40 per share • 83.7% of CoreWeave shares held by insiders under lockup until late September • Core Scientific shares trading at significant discount to the implied acquisition value • Deal provides vertical integration for CoreWeave, potentially saving billions in contracted payments over a 22-year agreement • Core Scientific brings substantial assets including two-gigawatt power pipeline and data center infrastructure valued at $1.6 billion • Executive compensation packages include double annual salary and bonuses upon deal completion • Market response mixed with Core Scientific shares dropping approximately 25% since announcement • Only 50% shareholder approval required for deal to proceed • Analysts speculate about potential competing offers from major technology companies • Bitcoin price performance remains strong, recently breaking $111,000 The podcast also covers June production results from Soluna Holdings, with their Dorothy 2 facility now fully operational at 30 megawatts and additional capacity coming online. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

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Miner Valuations Uncovered: HODL vs. MCAP Analysis, Bitdeer & IREN News + RIOT & BITF Updates! 46:36

6 weeks ago46:36

46:36

Bitcoin miners are implementing diverse strategies for treasury management, with some embracing strong HODL policies while others sell daily to fund operations, creating dramatically different market valuations. • Bit Digital has pivoted from Bitcoin to Ethereum, accumulating over 100,000 ETH tokens worth $268 million • After company directors purchased shares at $1.90, BitDigital stock rallied past $4, demonstrating strong insider confidence • Iren maintains zero Bitcoin holdings yet has achieved a $4.14 billion market cap, recently surpassing Riot Blockchain • Riot is selling its Bitfarms stake at a $135 million loss to redirect funds toward Corsicana's 600MW HPC facility • Bitdeer increased its hash rate by 20% to 16.5 exahash in June while continuing development of efficient Sealminer ASIC chips • High-performance computing and AI are becoming significant focus areas, with Iron ordering 2,400 NVIDIA Blackwell GPUs • Bitcoin hash price has recovered to $59, though global hash rate exceeding 900 exahash continues to challenge miner profitability • Q2 earnings will reveal which strategic approaches are creating the most value in this evolving landscape Sign up for our newsletter to receive exclusive analysis and updates on the Bitcoin mining sector that you won't find anywhere else. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

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Updated Miner Targets & Gross Margins, HIVE Production & Soluna News! 47:40

6 weeks ago47:40

47:40

The Bitcoin mining industry faces a critical strategic pivot as companies navigate between traditional mining and emerging HPC/AI infrastructure opportunities with varying profitability models. • Bitcoin price stability around $108-109k still leaves many miners unprofitable • Several miners aggressively scaling up hash rates (Mara targeting 75 EH/s, CleanSpark and Iron at 50+ EH/s) • Bit Digital and other miners considering complete divestment from Bitcoin mining to focus on HPC/AI • Co-location model emerging as potentially most profitable HPC strategy with lower capital requirements • Power costs represent 25-50% of Bitcoin mining revenue versus only 2% for HPC operations • Data sovereignty becoming important trend with Canadian operations gaining strategic advantage • Equipment replacement cycles (3-4 years) and halving events create ongoing profitability challenges • Ethereum treasury management emerging as alternative strategy with BitDigital leading the trend • Soluna Holdings reached full capacity at Dorothy 2 facility, demonstrating successful hosting strategy Smash the like button, subscribe to McNally Money, and let us know in the comment section how you're feeling about the Bitcoin mining sector and your top pick in the group. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

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CoreWeave to Buy Core Scientific, Bit Digital Completes Pivot to ETH, IREN & CLSK Production Analysis! 38:10

6 weeks ago38:10

38:10

CoreWeave makes a $9 billion acquisition offer for Core Scientific in an all-stock deal valuing shares at $20.40, while BitDigital pivots to a full Ethereum treasury strategy causing shares to soar over 30%. • CoreWeave's acquisition offer values Core Scientific below many analyst expectations • Deal structure ties final value to CoreWeave's share price at closing, potentially in Q4 2024 • Bit Digital converts entire Bitcoin holdings to Ethereum, now holding over 100,000 ETH • Bitcoin treasury companies like MetaPlanet and Smarter Web trading at 5-7x premiums to holdings • CleanSpark and IREN both achieve 50 exahash milestone with June production of 685 and 620 Bitcoin • IREN announces "Horizon 2" expansion plans for high-performance computing • Bitcoin hash price near yearly highs at $58+ with difficulty adjustment coming July 11 • Miner Madness 4.0 competition begins with some participants already up double digits on day one Let us know in the comment section below how you're feeling about the Bitcoin mining space, the Core Scientific offer price, and BitDigital's trading action today. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

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Behind the Curtain: How Top Bitcoin Miners Raised Capital to Dominate 50:32

7 weeks ago50:32

50:32

Bitcoin surpasses $110,000 as mining stocks rally with significant volume increases, showing renewed investor interest in the sector amid improving fundamentals and strategic capital deployment. • Bitcoin trading above $109,000 with miners showing strong share price performance • Iren announces purchase of 2,400 NVIDIA Blackwell GPUs ($130M) for AI cloud expansion at Prince George facility • DMG and Riot June production affected by curtailment, with Riot earning $5.6M from power sales • Iron and Core Scientific market caps exceed $4B and $5B respectively • Deep dive into ATM usage by major miners reveals they raised over $10B combined • Mara approaching 50,000 BTC treasury worth $5B+ as they target 75 exahash • CleanSpark paused ATM usage in November until share price reaches $20 • Iron achieved industry-leading efficiency at 15 joules/terahash with $41,000 production cost • Mining companies transitioning from ATM financing to convertible notes Join us for Miner Madness 4.0 starting July 7th - sign up for the newsletter on our website to receive the entry form and participate in this exciting competition. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

1
Miners Breaking Out: Price Action & News! 31:01

7 weeks ago31:01

31:01

Bitcoin and mining stocks are surging with many top names up double-digit percentages as BTC approaches $110,000. The sector shows strong trading volumes and recovered share prices across most publicly traded miners. • Bit Digital raises $163 million through fully exercised underwriter options to purchase Ethereum • Company aims to become largest public company holding ETH in treasury • Bitdeer recognized with Innovation Award for AI Breakthrough for 2025 • Cipher Mining brings Black Pearl site online, adding 150 megawatts of capacity • Gryphon Digital Mining files Form S-4 for merger with American Bitcoin • Combined company will operate under ABTC ticker with connection to Trump family • HUT 8 secures five-year contract with Ontario Electricity System Operator worth $60M annually • Marathon increases hash rate target to 75 exahash by year-end • Riot sells another 2.8 million Bitfarms shares as it focuses on HPC strategy • Miner Madness 4.0 competition opens for registration with interview prize for winners Join our new Miner Madness competition by signing up for our newsletter and registering your three mining stock picks to compete for prizes and a chance to be interviewed on the channel. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

1
IREN Achieves 50 EH/s Target, ABTC News & MARA Production! 38:02

7 weeks ago38:02

38:02

IREN achieves its ambitious 50 exahash per second target on schedule, marking extraordinary growth from just 1 exahash 30 months ago and demonstrating the team's consistent ability to deliver on promises. • IREN reaches 50 exahash milestone in record time, representing 50x growth in 2.5 years • IREN's stock hits 12-month high of $16.23 per share, reflecting market confidence • Horizon One HPC facility development progressing well with completion expected Q4 2025 • Marathon's June production shows 25% decline due to curtailment stemming from weather conditions • Marathon's Bitcoin holdings approach 50,000 BTC, valued at $5.35 billion • American BTC (Trump sons + Hut 8 partnership) raises $220 million for Bitcoin accumulation • American BTC plans to go public in Q3 through Griffin Mining merger • Miner Madness 3.0 competition concludes with top winner achieving nearly 1200% return Sign up for our newsletter to enter Miner Madness 4.0 and submit your three stock picks for the next quarter's competition starting July 7th. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

1
The Perfect Storm: When Mining Fundamentals Meet Corporate Adoption 33:58

7 weeks ago33:58

33:58

Mining stocks rally amid Bitcoin's surge above $107,000 and the expanding adoption of HPC co-location strategies by major industry players. The market is rewarding companies like Core Scientific, Iren, and Cipher that are diversifying their operations beyond traditional mining. • Bitcoin mining stocks up significantly with multiple catalysts driving the rally • HPC re-rate happening in real time as miners diversify power utilization strategies • Hut 8's Vega site now energized - 205MW facility supporting 15 exahash built in under 12 months • Mining fundamentals improving with hash price above $58 and decreased network difficulty • Kazakhstan joins countries developing national Bitcoin reserves and mining operations • Corporate Bitcoin treasuries now hold 834,317 BTC, growing 240,000 in just six months • ETF demand for Bitcoin far outpacing production - over 1 million BTC purchased vs 165,000 mined annually • MicroStrategy approaching 600,000 BTC with weekly purchases • MetaPlanet building substantial position with 13,350 BTC, following treasury strategy Join Miner Madness 4.0 starting July 7th - subscribe to our newsletter for automatic entry and pick your top three miners for the next quarter. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

1
How Much is Core Scientific Worth? 46:51

8 weeks ago46:51

46:51

The cryptocurrency mining sector is dramatically transforming as Bitcoin miners pivot to high-performance computing (HPC), with CoreWeave's potential acquisition of Core Scientific highlighting this shift. • Wall Street Journal reveals CoreWeave may be acquiring Core Scientific • Core Scientific's HPC agreement with CoreWeave worth $850 million annually • Contract runs for 12 years with two 5-year extensions (22 years total) • Analyst valuations for Core Scientific range from $16 to $48 per share • CoreWeave funding $750 million in capital expenditures for retrofitting • Companies like Iron, Cypher, and Riot also pivoting toward HPC • Iren expecting to name a client for Horizon One facility in Q4 • Cipher's Black Pearl facility reserving 150MW for potential HPC • Bit Digital CEO Sam Tabar purchased 750,000 shares for $1.5 million • HPC valuation multiples (15-25x) significantly higher than Bitcoin mining (2-4x) • Panther Creek development faces challenges from Riot's share selling pressure Sign up for our newsletter to enter Miner Madness 4.0 and get your chance to win prizes by selecting your top mining stocks. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

1
CoreWeave Eyes Core Scientific Acquisition, Bit Digital Spinning out WhiteFiber, HIVE Earnings & RIOT/BITF News! 35:31

8 weeks ago35:31

35:31

CoreWeave puts in a second offer to acquire Core Scientific, following the initial billion-dollar bid rejection last year, causing mining stocks with HPC exposure to surge dramatically. The market appears to finally recognize the value of Bitcoin miners' data center infrastructure, with shares of companies like Terawulf, Iren, and Cipher all seeing double-digit percentage price increases. • CoreWeave resuming acquisition talks with Core Scientific, valuing the company at potentially over $4.6 billion • Core Scientific shares surge 25-30% following the news announcement • Bit Digital announces $75 million share offering at $2.00 per share • Bit Digital pivoting to become an Ethereum treasury and staking-focused company • Bit Digital filing confidential IPO registration for White Fiber subsidiary • Hive Digital reports $115 million in revenue and $56.2 million adjusted EBITDA for fiscal year • Hive targeting growth from current 6 exahash to 25 exahash by year-end • Hive projecting HPC revenue growth from $20 million to $100 million annualized • Riot continues selling Bitfarms shares, now down to 13.4% ownership • Miner Madness 3.0 winner achieving 379% return in three months with Gryphon, Core Scientific, and IREN Like the video and subscribe to the McNally Money channel. Let us know in the comments section if you're currently holding any of these miners and what you thought about today's headlines. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

1
The Wall Street Perspective on Bitcoin Mining: Kevin Dede, Managing Director & Sr. Tech Analysts, H.C. Wainwright & Co.!! 1:03:40

15 days ago1:03:40

1:03:40

Kevin Dede, Managing Director and Senior Technology Analyst at H.C. Wainwright Co., provides an institutional perspective on Bitcoin mining, exploring the industry's past, present, and future challenges. His unique Wall Street lens reveals how power costs, semiconductor advancement, and strategic pivots to HPC/AI are reshaping the sector's competitive landscape. • Wall Street's evolving perspective on Bitcoin mining and the critical role semiconductor development plays in driving efficiency • The CoreWeave acquisition of Core Scientific and what it means for the industry's direction • How institutional analysts evaluate mining companies and set price targets amidst market volatility • Executive compensation concerns within the mining sector and the growing pushback from shareholders • The power cost challenge and why it's the primary determinant of miners' long-term viability • The potential transition of Bitcoin miners to HPC/AI services and whether pure-play mining has a sustainable future • Top picks in the sector including MARA and Bit Digital and the rationale behind these selections Take a second to smash the like button and subscribe to McNallie Money. Let us know in the comments what you think of today's discussion and if you're currently holding any of the miners we discussed. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

1
BUZZ HPC - President & COO Craig Tavares Q&A - Hive Digital Technologies HPC & AI Special! 57:15

16 days ago57:15

57:15

Craig Tavares, President and COO of Buzz HPC, shares how the Hive Digital subsidiary is pioneering sovereign AI cloud services powered by 100% renewable energy in strategic locations across Canada and Sweden. Leveraging their vertically integrated approach from owned power assets to GPU clusters, BuzzHPC delivers high-performance computing at a quarter of the cost of major cloud providers. • Started career in telecom building infrastructure for ISPs and data centers in Canada • Acquired and built approximately 20 data centers between 2010-2020 • Joined BuzzHPC earlier this year after meeting Frank Holmes • Built on foundation of Hive's renewable energy assets and legacy of GPU operations • Operates enterprise-grade Tier 3 data centers with complete redundancy for power and network • Invests $8-11 million per megawatt compared to $350-400K for crypto mining facilities • Recently acquired 7.2 megawatt data center in Toronto capable of hosting 2,000+ GPUs • Targets data sovereignty needs for governments and enterprises • Operates diverse GPU fleet including Ampere, Hopper, with Blackwell coming in Q4 • Monetizes through hourly rentals, long-term contracts, and value-added services • Currently at $20M annualized run rate with target of $100M by 2026 • Most recent GPU cluster sold out within three weeks of deployment • Focuses on sustainability with closed-loop liquid cooling and zero water wastage Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

1
CleanSpark vs RIOT July Production Analysis & Latest Bitfarms News! 29:14

16 days ago29:14

29:14

The Bitcoin mining landscape reveals a competitive edge forming between industry leaders, with CleanSpark and Riot's July production results showcasing different approaches to power management and profitability during challenging summer conditions. BitFarms announces a strategic partnership with T5 Data Centers to accelerate their AI infrastructure ambitions, positioning them in the coveted PJM market. • CleanSpark reports 84% hash rate utilization at 41.9 EH/s due to weather-related curtailment • Riot leverages power strategy to earn $13.9 million in power credits (equivalent to 120 BTC) • Riot achieves exceptional 2.8¢/kWh power cost while increasing Bitcoin production by 8% • Bitfarms partners with T5 Data Centers to advance Panther Creek facility development • Global hash rate reaches 944 EH/s with upcoming 1-2% difficulty adjustment • Bitcoin corporate accumulation accelerates with HODL 15 Top 100 now requiring minimum 50 BTC • Special guests upcoming: Kevin Deedy (HC Wainwright), Craig Tavares (Buzz HPC), and Ben Gagnon (BitFarms) Join us for upcoming interviews with Wall Street analyst Kevin Dede from H.C. Wainwright, Craig Tavares from Buzz HPC, and Ben Gagnon from Bitfarms to dive deeper into mining economics and HPC strategies. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

1
Riot Platforms CEO Jason Les Q&A - Q2 Earnings & Strategy Update! 44:54

17 days ago44:54

44:54

Riot Platforms has achieved record-breaking financial results in Q2 with nearly $500 million in adjusted EBITDA and $220 million in GAAP net income, while simultaneously advancing their strategic transition from Bitcoin mining toward high-performance computing and data centers. • 50% gross margin in Bitcoin mining operations despite a one-time tax assessment • Direct cost of approximately $49,000 per Bitcoin mined, well below current market prices • Significantly improved operational uptime of 87%, with even higher efficiency when excluding curtailment periods • Resolution of legacy hosting business through Rhodium acquisition, gaining 125 megawatts of additional power capacity • Increased year-end hash rate target to 40 EH/s, with 45 EH/s projected for Q1 2026 • Strategic pivot toward data center development with 600 megawatts at Corsicana site • Acquisition of 600+ additional acres (now 858 total) to maximize development flexibility • ESS Metron division showing strong growth with $120 million in backlog • Nearly $2.5 billion in liquidity between Bitcoin holdings and cash • Multiple financing options including Bitcoin-collateralized debt without equity dilution Smash the like button and subscribe to McNallie Money for more mining analysis. Leave a comment if you're currently holding Riot shares and what you thought about their quarterly results. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

1
Navigating Market Volatility with Top Mining Stocks: Latest Bitcoin Mining Metrics to Wacth! 21:26

17 days ago21:26

21:26

Bitcoin miners show promising recovery with both Bitcoin and mining stocks turning green after last week's significant downturn, signaling renewed investor confidence despite ongoing geopolitical tensions. • Mara's July production of 703 Bitcoin shows impact of curtailment issues despite hash rate growth to 58.9 EH/s • Mara's Bitcoin holdings now worth 102% of company market cap, essentially valuing operations at zero • Core Scientific-CoreWeave deal value has declined from $9 billion to $5.66 billion as Core Weave share price falls • DMG Blockchain has 95% of market cap in Bitcoin holdings while developing HPC strategy • Bitcoin miners maintaining 72-77% gross margins despite "double halving" effect • IREN leads efficiency race with estimated $30,600 cost to mine one Bitcoin • Comparison of top four miners shows varying operating costs and efficiency levels • Fleet efficiency improvements have been crucial with new miners operating at half the energy per terahash Don't forget to hit the like button, subscribe to McNallie Money, and let us know in the comments how you're feeling about Bitcoin mining stocks and which one stands out in your portfolio. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

1
Big 4 Miner Earnings Analysis: RIOT & MARA Actuals vs. CLSK & IREN Forecast! 51:48

20 days ago51:48

51:48

Bitcoin mining's "Big Four" face intense scrutiny as Riot and Mara release Q2 earnings with mixed market reactions, revealing stark differences in operational efficiency and mining costs between industry leaders. Our comprehensive analysis suggests IREN achieves the lowest cost structure at approximately $45,000 per Bitcoin, while Mara and Riot operate at significantly higher costs around $72,000-$73,000 per coin. • Riot's quarterly earnings show 1,426 Bitcoin produced but faced a significant stock drop of 17% • Mara reported substantial Bitcoin holdings but struggles with current liabilities exceeding current assets • Comparing mining costs reveals IREN potentially leads with 54.3% operating margins versus Riot/Mara at 27% • Executive compensation practices drawing increased criticism from Wall Street and retail investors alike • Riot announces plans to reduce stock-based compensation beginning mid-2026 • Bitcoin price pullback to $114,000 range brings pressure on mining stocks despite positive regulatory developments • Industry hash rate growth showing signs of flattening as miners shift focus to HPC applications • CleanSpark announces new hardware purchase from Canaan, diversifying away from primarily Bitmain machines Take a moment to hit like, subscribe, and let us know in the comments which of these four miners is your top pick and why. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

1
MARA CFO Salman Khan Q&A - Q2 Earnings & Outlook! 59:52

21 days ago59:52

59:52

Mara Holdings CFO Salman Khan joins us to discuss the company's record-breaking Q2 results and outline their strategic approach to Bitcoin mining in a competitive landscape. We explore how Mara has positioned itself as an industry leader through innovative operational strategies and technological development. • Transitioning from asset-light to asset-heavy with 70% owned and operated sites • Achieving industry-leading electricity costs of $0.04/kWh and $33-34k per Bitcoin on owned sites • Accumulating over 50,000 Bitcoin while developing yield-generating strategies • Differentiating from treasury companies by maintaining operational focus • Developing load-balancing technology to complement AI infrastructure needs • Extending mining equipment life through strategic deployment at wind farm facilities • Targeting 75 exahash by year-end through multiple growth channels • Creating shareholder value through disciplined capital deployment and acquisition strategy Hit the like button and subscribe to McNallie Money for more in-depth analysis of Bitcoin mining companies. Let us know your thoughts on Mara's Q2 results in the comments section below. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

1
Mara Holdings Q2 Analysis, HIVE Achieves 14 EH/s & Bit Digital/WhiteFiber News! 22:03

22 days ago22:03

22:03

Earnings season begins in the Bitcoin mining space with Mara Holdings reporting powerful Q2 results, including $808 million in net income largely driven by their Bitcoin holdings. • Bit Digital awards 300,000 restricted stock units to senior management • WhiteFiber IPO structure reveals BitDigital shareholders will retain 75.1% of the new company • Hive Digital achieves 14 EH/s milestone on path to 25 EH/s by November • Mara Holdings reports 64% revenue increase to $238 million with improved margins • FASB accounting rules allow Bitcoin holdings to be marked to market, adding $1.2 billion to Mara's balance sheet • Mara now has 70% of mining operations in self-owned facilities with $0.04/kWh average power costs • Cost to mine each Bitcoin is approximately $73,832 against revenue of $101,139 per coin • JP Morgan and Coinbase partnership creates direct bank-to-wallet connection for seamless transfers Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

1
Bitcoin Miner Earnings Expectations, Top News & Price Targets! (MARA, IREN, CLSK & BTBT) 32:22

23 days ago32:22

32:22

Bitcoin miners face market pressure as the price retreats below $118,000, yet the industry shows resilience with miners quickly recovering from early losses and continued institutional interest through price target increases. • Bitcoin temporarily dropped to $17,000 before recovering to around $18,000, demonstrating market resilience • An OG Bitcoin whale sold 80,000 BTC (worth $9 billion) that originally cost just $52,000 in 2011 • Bit Digital filed for its HPC/AI spinoff IPO under ticker WYFI with 7.8 million shares priced between $15-17 • MARA Holdings announced a $950 million convertible note offering at 0% interest • JP Morgan raised price targets for Bitcoin miners (Iron to $16, CleanSpark to $15) • Hash price approaches $60 per petahash per day, up 50% from post-halving lows • Strategy's earnings report (July 31st) expected to show approximately $14B in positive FASB adjustments • The White House will deliver its first Bitcoin Strategic Reserve report on July 30th • Strategy now eligible for S&P 500 inclusion after four consecutive quarters of profitability • Corporate Bitcoin treasuries continue growing with Strategy leading at 607,000+ BTC Join us for upcoming earnings interviews with Mara Holdings, Riot, Buzz HPC, and others as we explore Q2 results and future strategies. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

1
Hedge Fund Q&A with Eric Jackson, EMJ Capital: OPEN, CVNA, IREN, CIFR & Strategy! 47:18

24 days ago47:18

47:18

Eric Jackson, founder and portfolio manager of EMJ Capital, shares his journey of identifying 100x investment opportunities through market cycles and AI-powered analysis. His fund specializes in finding undervalued companies at inflection points that Wall Street has written off as failures. • Built a tech-focused hedge fund that found early opportunities in companies like Alibaba, Roku, and Twilio • Survived devastating losses in 2021-2022 before rebuilding with an AI-focused approach • Developed predictive models that identified Carvana at $11 before its massive comeback to nearly $400 • Uses a combination of technical indicators, fundamental analysis, and alternative data to find opportunities • Focuses on "Lazarus companies" that transition from growth-focused to sustainably profitable • Spotlighted Iren and Cipher as Bitcoin miners potentially positioned for massive growth through power infrastructure • Believes Bitcoin miners with gigawatt-scale power assets are misunderstood by Wall Street • Values leadership teams that invest personally in their companies during downturns • Admits his biggest weakness is selling winners too early or holding losers too long • Sees a future where individuals and companies hold significant portions of wealth in cryptocurrency Smash the like button, subscribe to McNallie Money, and let us know in the comments what you think of today's discussion and if you're holding any of these stocks. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

1
Latest Bitcoin Mining Stock News: CORZ, DMGI, HIVE, MARA & RIOT! 22:02

28 days ago22:02

22:02

McNallie Money explores the latest Bitcoin mining sector developments, company updates, and upcoming Q2 earnings season strategies while analyzing how miners are positioning themselves in the evolving digital infrastructure landscape. • Bitcoin price stabilizing in the $117,000-$119,000 range, creating a foundation for miners' strategies • CoreWeave's declining share price reduces Core Scientific acquisition value from $9B to $6.6B • CoreWeave insider lockup period ends August 15th, potentially triggering significant selling • DMG Blockchain ranked 54th in Bitcoin treasury holdings, representing 80% of market capitalization • Hive Digital passes 13 exahash milestone, targeting 25 exahash by Thanksgiving with $550M projected annual revenue • MARA upsizes convertible note offering to $950M (potential $1.13B), maintaining Bitcoin treasury strategy • Riot continues selling Bitfarms shares, reducing holdings to 46M shares (8.3% ownership) • US government digital asset report expected July 30th, potentially impacting mining regulation • Upcoming interviews with Salman Khan (MARA), Jason Les (RIOT), and hedge fund manager Eric Jackson Please hit the like button and subscribe to McNally Money. Let us know in the comments how you're feeling about Q2 earnings season and which miner is your top pick in the space. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

1
Bitcoin Mining Metrics That Matter! 35:14

29 days ago35:14

35:14

We dive deep into the evolving landscape of Bitcoin mining and treasury companies, examining key metrics that investors should watch during this pivotal earnings season. The conversation reveals significant valuation gaps between Bitcoin miners and pure treasury companies despite impressive profit margins approaching 70-80% for efficient operators. • Bitcoin price stabilizing around $118,000 with hash price at approximately $59, creating healthy margins for efficient miners • MARA announces $850 million convertible note offering for Bitcoin purchases and debt refinancing • Soluna Holdings secures $20 million funding for their 35-megawatt Texas mining project • Emergence of Ethereum treasury companies following the success of Bitcoin treasury strategies • Bitcoin miners receiving no premium valuation for their operational assets despite substantial infrastructure • Iren, Cipher, and Riot leading with impressive gross margins of 70-77% due to low energy costs • Core Scientific receiving a $9 billion buyout offer from CoreWeave, highlighting significant valuations in the sector • High-performance computing and AI infrastructure presenting additional growth opportunities for mining companies Join us for our upcoming podcasts featuring Mara's CFO Salman and Riot's Jason to discuss Q2 earnings and future growth strategies. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

1
The Art of Taking Profits in a Bitcoin Bull Market: When to Sell Your Miners! 47:15

4 weeks ago47:15

47:15

Anthony Power and Bryce McNallie examine their selling strategies for Bitcoin mining stocks during this bull market cycle, revealing lessons learned from previous cycles and the importance of predetermined exit points. • Bitcoin has broken its all-time high of $123,000 with miners surging 50-90% in the last month • Bitfarms announced a 10% share buyback program (up to 49.9 million shares) to reduce their 557 million outstanding shares • Mining stocks don't move in perfect correlation with Bitcoin's price - each miner peaks at different times • This cycle differs from previous ones with ETF adoption, corporate treasury purchases, and pro-crypto regulations • Setting predetermined sell targets based on price or percentage gains removes emotion from selling decisions • The "second halving" effect of difficulty increases presents ongoing challenges for pure-play miners • Most miners are diversifying into HPC/AI computing strategies with only Marathon and CleanSpark remaining pure-play • Dollar-cost averaging out of positions is more effective than trying to time the absolute market top • Journaling trades, joining a community, and having accountability partners helps maintain discipline • "It never hurts to take a profit" - partial selling allows capturing gains while maintaining exposure Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

1
Miners Surge on HPC Speculation: IREN, CIFR, RIOT, HIVE & BITF HPC Analysis! 38:28

4 weeks ago38:28

38:28

McNallie Money examines the significant market movements among Bitcoin mining stocks with High-Performance Computing (HPC) aspirations, analyzing which companies are best positioned to secure lucrative hyperscaler deals. • Iren reaching a 52-week high of $21.54 with massive trading volume • Miners with HPC plans (Iren, Cipher, Bitfarms, Hive, Riot) outperforming pure-play Bitcoin miners • Iren pursuing both vertical integration and co-location strategies for HPC • Cipher Mining potentially close to announcing a hyperscaler deal with BlackRock backing • Bitfarms strategically positioned in Pennsylvania where major tech companies are investing billions • Hive targeting $100 million in annual HPC revenue by 2026 through organic growth • Riot pivoting its Corsicana facility from Bitcoin mining to HPC with significant capital investment • Co-location deals offering more predictable returns than GPU ownership for mining companies • Trump administration expected to release a Bitcoin report with potentially favorable regulations • Michael Saylor's MicroStrategy continuing aggressive Bitcoin purchases with $740 million acquisition Hit the like button and subscribe to McNallie Money for more power mining analysis, and let us know in the comments which of the five companies discussed you think will ink an HPC deal first with a hyperscaler. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

1
Crypto's Game-Changing Moment: All Three Bills Pass in Congress & Impact to Miners! 29:03

5 weeks ago29:03