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

Power Mining Analysis

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
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Chapters

1. Bitcoin Market Update and Pullback (00:00:00)

2. Terawolf's Expanded Google Partnership (00:04:16)

3. Bitfarms Board Addition and Riot Exit (00:10:57)

4. Hive's BuzzHPC Canadian AI Ecosystem (00:17:42)

5. CleanSpark's Leadership Change and HPC Plans (00:19:52)

6. Bitdeer Earnings and Hash Rate Growth (00:24:57)

7. Hash Price Analysis and Industry Outlook (00:30:05)