HPC Revolution: Comparing Billion-Dollar Data Center Contracts

Power Mining Analysis

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תוכן מסופק על ידי Anthony Power & Bryce McNallie, Anthony Power, and Bryce McNallie. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי Anthony Power & Bryce McNallie, Anthony Power, and Bryce McNallie או שותף פלטפורמת הפודקאסט שלהם. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.

No Limit Leadership

1
81: From Nothing to a Billion: The Leadership Playbook They Don’t Teach You w/ Harry L Allen 36:51

לפני 14 ימים36:51

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רשימות

לייק

אהבתי

36:51

Traditional banks often lack personalized service, and local businesses struggle to find true partnership in financial institutions. Meanwhile, higher education faces scrutiny over relevance and ROI in a world where information is nearly free. Harry Allen helped launch Studio Bank to blend technology with high-touch service, fueled by community investment. At Belmont, he's applying the same entrepreneurial mindset to modernize university operations and embed practical learning experiences, like a one-of-a-kind partnership with Dolly Parton, into academia. In this episode, Harry L. Allen, co-founder of Studio Bank and now CFO at Belmont University, unpacks the bold vision behind launching a community-first bank in a city dominated by financial giants. He shares the leadership lessons that shaped his journey, how to lead through crisis, and why mentorship is the key to filling today's leadership vacuum. Key Takeaways Leveraging both financial and social capital creates a unique, community-first banking model. High-tech doesn't mean low-touch, Studio Bank fused innovation with personal relationships. Leadership means showing up, especially during crisis. Universities must shift from being information hubs to delivering real-world experience. Succession and mentorship are vital to cultivating the next generation of leaders. Chapters 00:00 Introduction to Harry L. Allen 01:49 The Birth of Studio Bank 04:29 Leveraging Technology in Community Banking 07:25 The Courage to Start a New Venture 10:37 Leadership Challenges in High Growth 13:02 Leading Through Crisis: The COVID Experience 17:55 Transitioning from Banking to Education 21:16 The Role of Leadership in Higher Education 25:16 Adapting to Challenges in Higher Education 30:04 The Leadership Vacuum in Society 33:17 Advice for Emerging Leaders 35:21 The American Dream and Community Impact No Limit Leadership is the go-to podcast for growth-minded executives, middle managers, and team leaders who want more than surface-level leadership advice. Hosted by executive coach and former Special Forces commander Sean Patton, this show dives deep into modern leadership, self-leadership, and the real-world strategies that build high-performing teams. Whether you're focused on leadership development, building a coaching culture, improving leadership communication, or strengthening team accountability, each episode equips you with actionable insights to unlock leadership potential across your organization. From designing onboarding systems that retain talent to asking better questions that drive clarity and impact, No Limit Leadership helps you lead yourself first so you can lead others better. If you're ready to create a culture of ownership, resilience, and results, this leadership podcast is for you.…

לפני שנה 42:58

MP3•בית הפרקים

Anthony Power and Bryce McNallie dive deep into the HPC AI data center contracts that are transforming Bitcoin mining companies into AI infrastructure providers, comparing deals between Applied Digital, Core Scientific, Terawulf, and Galaxy Digital with industry giants like CoreWeave and Core42.
• Applied Digital announced a $7B contract with CoreWeave spanning 15 years, causing their stock to surge 28% in a single day
• CoreWeave operates 33 data centers with 1.6 gigawatts of contracted power and generated over $1B in revenue during their first quarter as a public company
• Core Scientific secured 590 megawatts with CoreWeave over 12 years (extendable to 22), worth approximately $850M annually once fully operational
• HPC data center contracts deliver 75-80% profit margins with long-term stability compared to volatile Bitcoin mining
• Terawulf signed with Core42 for 60-70 megawatts over 10 years (extendable to 20), generating approximately $1B over the initial term
• Galaxy Digital's 133 megawatt deal with CoreWeave at Helios is worth $4.5B over 15 years with potential expansion to 400 megawatts
• Bitcoin miners with HPC contracts have seen share prices increase significantly YoY: Core Scientific (+75%), TerraWolf (+55%), Galaxy (+76%), Applied Digital (+204%)
Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter

פרקים

1. HPC Revolution: Comparing Billion-Dollar Data Center Contracts (00:00:00)

2. Introduction to HPC AI Data Center Contracts (00:00:04)

3. Bitcoin Miners Showing Strength Today (00:07:25)

4. Applied Digital's Contract with CoreWeave (00:16:24)

5. CoreWeave's Massive Growth and Guidance (00:29:30)

6. CoreWeave's Massive Growth and Guidance (00:29:30)

7. TerraWolf and Core42 Agreement Details (00:31:33)

8. Comparing HPC Contracts Across Companies (00:34:20)

339 פרקים

#Trading #Business #Anthony Power & Bryce McNallie #Anthony Power #Bryce McNallie

Power Mining Analysis

HPC Revolution: Comparing Billion-Dollar Data Center Contracts

Power Mining Analysis

published לפני שנה

שתפו

MP3•בית הפרקים

פרקים

1. HPC Revolution: Comparing Billion-Dollar Data Center Contracts (00:00:00)

2. Introduction to HPC AI Data Center Contracts (00:00:04)

3. Bitcoin Miners Showing Strength Today (00:07:25)

4. Applied Digital's Contract with CoreWeave (00:16:24)

5. CoreWeave's Massive Growth and Guidance (00:29:30)

6. CoreWeave's Massive Growth and Guidance (00:29:30)

7. TerraWolf and Core42 Agreement Details (00:31:33)

8. Comparing HPC Contracts Across Companies (00:34:20)

339 פרקים

#Trading #Business #Anthony Power & Bryce McNallie #Anthony Power #Bryce McNallie

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Power Mining Analysis

1
While Bitcoin Soars to New Heights, Mining Stocks Struggle to Keep Pace... 23:56

לפני יומיים23:56

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

לפני 3 ימים36:44

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

לפני 4 ימים46:36

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

1
Updated Miner Targets & Gross Margins, HIVE Production & Soluna News! 47:40

לפני 5 ימים47:40

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

לפני 6 ימים38:10

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

1
Behind the Curtain: How Top Bitcoin Miners Raised Capital to Dominate 50:32

לפני 10 ימים50:32

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

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

לפני 11 ימים31:01

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

לפני 12 ימים38:02

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

לפני 13 ימים33:58

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

לפני 16 ימים46:51

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

לפני 17 ימים35:31

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
Luxor Technology - Director of Derivatives, Ben Harper Q&A - Hash Rate Derivatives Explained! 48:59

לפני 18 ימים48:59

48:59

Ben Harper, Director of Derivatives at Luxor Technology, reveals how hash rate derivatives are transforming Bitcoin mining by providing revenue stability and new financing opportunities for miners of all sizes. • Hash rate derivatives are financial contracts that allow miners to sell future hash rate production and investors to gain exposure without operational complexities • Mining revenue is highly volatile due to four variables: Bitcoin price, network difficulty, block subsidy, and transaction fees • Derivatives help miners lock in future revenue, attract capital, and create certainty in an unpredictable market • Luxor's trading desk now handles several hundred million dollars in annual volume and settles around 30 exahash daily • Case study: Bitmine tripled their fleet size through upfront payment while protecting themselves from difficulty increases • Miners can pair energy strategies with hash rate derivatives to create predictable margins that attract traditional investors • The market is evolving from OTC forwards to potentially more sophisticated instruments as mining companies become more financially sophisticated • Recent 8-10% network hash rate drop is largely attributed to Texas miners reducing operations during peak demand periods (4CP) Check out Luxor's derivatives platform at luxortech.com/derivatives and explore mining data at hashrateindex.com to learn more about these financial instruments. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

1
When Miners Power Down: Exploring the Hash Rate Dive and Miner Impacts! 20:49

לפני 18 ימים20:49

20:49

Global Bitcoin hash rate experienced a dramatic 40% drop followed by a 50% recovery in 48 hours, with evidence pointing to North American miners curtailing operations due to summer heat rather than Middle East tensions. This curtailment coincides with the start of Texas's 4CP program where miners power down during peak demand periods in exchange for power credits and reduced transmission costs. • Bitcoin trading around $108,000 with miners showing strong performance • CleanSpark and IREN racing to reach 50 exahash production targets • North American miners curtailing operations causing global hash rate to drop • Reduction attributed to summer heat waves in Texas and Northeast rather than geopolitical tension • Texas's 4CP program begins in June, incentivizing miners to reduce power during peak periods • Companies like Riot Platforms earn significant power credits ($70M in 2023) through curtailment • Marathon partnering with TAE Power for faster grid response capabilities • 8.5% Bitcoin difficulty adjustment expected this weekend, improving mining economics • Miner Madness 4.0 competition registration now open! Join the McNally Money newsletter to participate in Miner Madness 4.0, where winners will be featured in a special podcast appearance on the Power Mining Analysis YouTube channel. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

1
Bitcoin Miners Surge as Bitcoin Rebounds: Miners Rally | Bitcoin Mining Stocks to Watch + BTBT, BTDR, CIFR, CLSK, HIVE, HUT & SLNH News! 29:17

לפני 19 ימים29:17

29:17

Bitcoin mining stocks rally impressively as BTC rebounds to $105,000, with major companies announcing strategic financing initiatives and milestone achievements in both mining and high-performance computing. • Bit Digital secures $60 million credit facility with Royal Bank of Canada at 5.25% interest for data center expansion • Bitdeer formalizes $330 million convertible note offering (potentially increasing to $375 million) at 4.875% interest • Cipher Mining energizes first phase of Black Pearl facility, adding 2.5 Exahash with plans to reach 23.1 Exahash by Q3 end • CleanSpark achieves 50 Exahash milestone ahead of schedule, maintaining pure Bitcoin mining strategy across 30 US locations • Hive launches new NVIDIA GPU Hopper cluster, targeting $100 million annual HPC revenue by year-end • Hut 8 doubles Bitcoin-backed loan with Coinbase to $130 million at 9% interest • Soluna expands hosting partnership with Compass Mining to approximately 13 megawatts across Dorothy 1 and 2 projects • Miner Madness 4.0 competition announced with new automated entry system and grand prize interview opportunity Join us tomorrow for a special interview with Luxor discussing derivatives and hashrate forward contracts. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

Power Mining Analysis

1
The $100,000 Bitcoin Threshold: Mining Economics at a Crossroads + HIVE Digital HPC News! 35:27

לפני 20 ימים35:27

35:27

Bitcoin dropped below $100,000 over the weekend, raising questions about whether this signals a bear market or simply represents a temporary pullback in the ongoing bull cycle. The cryptocurrency quickly rebounded above the $100,000 threshold, but mining stocks continue to face significant pressure. • Bitcoin miners are down 35% year-to-date despite Bitcoin reaching new all-time highs • Hash rate dropped to 670 exahash, likely due to curtailment in Texas rather than geopolitical factors • Anthony Pompliano launched ProCap, raising $750 million for a new Bitcoin treasury company • MetaPlanet and Strategy continue aggressive Bitcoin accumulation strategies • A 6.8-6.9% difficulty reduction expected on June 28th would provide relief for miners • Hive Digital Technologies acquired a tier 3 data center in Toronto for their HPC subsidiary • Data center-focused miners appear undervalued compared to pure data center companies Hit the like button, subscribe to McNally Money, and let us know in the comments if you think the bull market is in trouble or if this is simply a regular pullback. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter…

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