Power Mining Analysis

Bitcoin Vegas: Day One Highlights and Miner Tech Breakthroughs!


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We're reporting live from Bitcoin Conference Las Vegas 2025, where day one delivered phenomenal energy with keynote speakers Michael Saylor, Vivek Ramaswamy, and Eric Trump drawing massive crowds. The conference floor showcases technological innovation with Bitfarms' VR facility tours and Riot's drone exhibits demonstrating how mining companies are elevating their investor engagement strategies.

• GameStop makes headlines with massive 4,710 Bitcoin purchase worth $500 million, joining the elite "HODL 15" public companies
• Bitmain unveils groundbreaking S23 hydro miner achieving 9.5 joules per terahash efficiency, with Bitdeer planning 5 J/TH by 2026
• Core Scientific expanding beyond mining into data center colocation with $10B CoreWeave contract generating revenue starting this month
• Striking market valuation discrepancy: CoreWeave's $55B market cap versus Core Scientific's $3B despite being CoreWeave's largest client
• DMG Blockchain Solutions showcases their carbon-neutral Bitcoin ecosystem through Systemic Trust and regulatory-compliant green Bitcoin initiatives
• Hive surpasses 10 Exahash milestone, targeting 18 Exahash by Q3 and 25 Exahash by year-end
• Strategic Bitcoin pledge to Bitmain at $87,000 per coin gives Hive equipment financing with option to repurchase at that price

Join us tomorrow for day two coverage featuring JD Vance and more industry developments from this landmark event.


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Power Mining AnalysisBy Anthony Power & Bryce McNallie