Power Analysis

We break down Riot’s record Q3 and the strategy shift that turns low-cost power into high-value data centers. Jason Les explains how Corsicana scales to one gigawatt, why Rockdale stays productive, and how mining funds and balances the move into AI-grade colocation.

• record revenue and margin drivers across mining and engineering
• rising network difficulty versus low all-in power cost
• the case for data centers as the highest return use of power
• Rockdale’s bridge role and planned hash rate growth
• Corsicana Core and Shell Plus and 56 MW data halls
• leasing readiness without a signed anchor tenant
• ERCOT hedges, pass-through power, and uptime needs
• substation expansion timelines to 1 GW
• PUE baseline targets and thermal strategy
• mining as flexible load to cut stranded power
• ESS Metron backlog and switchgear supply advantage
• SG&A leverage and stock comp roll-off after Q3 2026
• capital allocation, Bitfarms exit, and liquidity mix
• project financing tied to tenant creditworthiness
• valuation per megawatt and expected re-rating

Stay tuned as Riot executes on the strategy here!

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We break down how Bitcoin miners are shifting from pure hashrate to hyperscale data centers, with Core Scientific’s vote outcome and Riot’s Corsicana build shaping the week. Analysts raise targets as co-location, power credits, and GW-scale pipelines become the real edge.

• bitcoin holding above 100k while difficulty grinds higher
• mixed miner price action amid low volume and sentiment swings
• core scientific’s failed merger and new growth deck
• analyst upgrades and valuation multiples for hpc revenue
• pipeline math from hundreds of megawatts to multi-gigawatts
• riot’s core-and-shell strategy and standardized 56 mw blocks
• location advantages near dallas and austin
• power credits driving net costs and margins
• production, hashrate, and hodl context for riot
• texas tour plans and stacked c-suite interview lineup

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We break down how retail investors just repriced Core Scientific’s megawatts, why TerraWulf and BitDeer are racing into AI hosting, and how value per megawatt is replacing exahash as the metric that matters. Bitcoin dips while capital and contracts accelerate toward HPC.

• Bitcoin weakness set against rate cuts and hyperscaler CapEx
• Heat map of miners with daily, five-day, and monthly context
• Earnings calendar and upcoming guest conversations
• BitDeer’s vertical integration and SEAL Miner A3 rollout
• TeraWulf’s Google-linked JV and upsized converts
• Core Scientific no vote and multi-gigawatt power pipeline
• Denton build and shift to true data center design
• Enterprise value per megawatt as a comparative metric
• Why multiple metrics beat single-ratio decision making
• Luxor energy tools and smarter power optimization
• Where to find our live-linked data and resources

Feel free to hit the like button, subscribe to the channel. Let us know in the comments section below which of these miners you're currently holding and your top pick in the sector.

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We break down how top Bitcoin miners are shifting into AI and HPC to squeeze more value from every megawatt, with deep dives on MARA, DMG, Core Scientific, TeraWulf, and CleanSpark. The theme is control: of power, sites, financing, and partnerships that turn volatile energy into durable cash flow.

• BTC price cool-down and mixed miner performance
• Decoupling of miner equities from Bitcoin moves
• Marathon’s shift from asset-light to asset-heavy
• MARA’s 50k+ BTC, activation strategy and partnerships
• Vertical integration via wind power and data center curtailment
• Global reach including Abu Dhabi JV and European footholds
• DMG’s Malahat Nation MOU and indigenous-led utility
• Core Scientific vote dynamics and deal valuation gap
• TeraWulf’s 510 MW expansion and $500m convert plan
• Texas expansion nuances: ERCOT vs SPP grid exposure
• CleanSpark’s late HPC pivot, site scale and 2027 timeline
• Capex realities for AI data centers and returns

If you guys have any specific questions for the team at MARA, throw them in the comment section below. If you're still watching a full episode today, you guys hit the like button. Feel free to subscribe, and we'll see you back here tomorrow to do it again.

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We explore why power scarcity now drives the mining sector’s strategy, how AI demand is reshaping business models, and what TerraWolf’s Google-backed JV signals for valuation. Analyst upgrades, Core Scientific’s vote dynamics, and our Texas site tour round out a fast-moving day.

• bitcoin price holding near highs and hash economics improving
• power scarcity as the core bottleneck for AI and mining
• global data center energy demand set to double by 2030
• nuclear timelines versus near-term capacity needs
• S&P rating of a digital asset treasury and volatility context
• heat map read on miners and market caps shifting
• analyst upgrades for Hut 8 and others
• core scientific vote implications and valuation signals
• terawulf’s fluidstack JV, Google backstop, 25-year hosting
• revenue models, margins, and inflation escalators
• texas tour with HC Wainwright analyst Kevin Dede and site visits

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Trade news flips risk sentiment as we break down how a China–US thaw, Mag 7 capex, and a Bitcoin bounce ripple through mining stocks. We dig into ABTC’s treasury buy, Hive’s exahash surge and AI buildout, and Core Scientific’s HPC pivot, deal math, and the upcoming vote.

• tariff truce lifts indices and crypto
• Mag 7 capex as a signal for AI and GPUs
• Bitcoin recovery vs miner volatility at open
• sector shift toward HPC and co-location
• ABTC buys 1,414 BTC and launches sats per share
• Hive tops 22 EH/s, improves efficiency, expands AI cloud
• Core Scientific revenue mix, Denton ramp, deal funding
• margins, stock comp, and shareholder alignment
• parity math for co-location deals and vote scenarios
• network difficulty rise, hash price trends, miner strategy

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A wild week ends with miners ripping higher while Bitcoin stays flat, as we track a decisive shift toward HPC and AI infrastructure. We unpack Oracle’s $38B data center push, Jane Street’s 13G filings, PJM fast-tracks, and why power-rich miners may be re-rated.

• Miner rally and volume strength across leaders
• Decoupling from Bitcoin price as HPC demand rises
• Oracle’s $38B Stargate build and ecosystem effects
• Jane Street’s 13G stakes in Cypher, Bitfarms, Hut 8
• Terawulf’s $3.2B notes to fund major contracts
• PJM interconnect acceleration as a structural catalyst
• Bitfarms’ Pennsylvania and funding stack advantages
• Hut 8 and Cipher site quality and optionality
• Core Scientific shareholder vote sentiment and targets
• What to watch next across deals, policy, and timelines

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Markets snap back as miners rally, and we line up the catalysts shaping upcoming earnings from IREN, RIOT, and MARA. We dig into Core Scientific’s vote math, FASB effects on HODLers, and whether HPC deals now outrun pure Bitcoin mining.

• green day for miners after macro optimism
• core scientific and coreweave vote expectations
• IREN setup and HPC runway
• GPU ownership versus co-location risk
• RIOT’s cleaner results and dual HPC paths
• texas tour updates with riot, bitdeer, soluna
• marathon’s control, power strategy, and consistency gap
• fasb fair value uplift for hodl-heavy miners
• rising network difficulty, softer hash price, margin pressure

Take a second, smash a like button, guys. If you're not already subscribed, McNallie Money, feel free to join. Let us know in the comment section below what you're gonna be watching from these three miners in their next earnings release

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We walk through a red day for miners and a green runway for fundamentals, showing how analyst upgrades, AI partnerships, and long-term co-location contracts can outweigh short-term price pain. The CoreWeave bid for Core Scientific anchors a broader look at capex, margins, and strategic pivots into HPC.

• market selloff context against flat Bitcoin
• month-to-date gains compressing after profit taking
• bullish catalysts: analyst upgrades, new partnerships, stronger boards
• MARA’s strategy shift to power ownership and site control
• macro tailwinds for US-based AI and hash rate
• ABTC and HUT 8 plans toward 50 EH efficiency
• why miners pivot to HPC and co-location economics
• Cipher, Core Scientific, TeraWulf contract comparisons
• capex choices, prepaid funding, and margin targets
• equity give-ups to secure hyperscaler-backed deals
• CoreWeave bid math and shareholder vote dynamics
• volatility vs multi-year contracted revenue outlook

Hit the like button, feel free to subscribe, and let us know in the comments how you’re feeling about the Bitcoin mining stocks right now and if you’re making any moves during the pullback

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Bitcoin rips higher while most miners end red, revealing a sharp decoupling and raising hard questions about margins, difficulty, and strategy. We unpack Hive’s Paraguay expansion and Bell partnership, Cipher’s earnings breadcrumbs, and IRIN’s vertically integrated push into AI compute amid policy chatter.

• Bitcoin spikes as gold retreats and miners lag
• Decoupling dynamics between BTC price and miner equities
• Heat map trends and longer-term performance context
• Track record across 15 miners and lessons from past cycles
• Hive targets 35 EH by 2026 with Paraguay hydro expansion
• Bell partnership to scale HPC and sovereign AI capacity
• Cipher’s earnings timing and potential co-location updates
• Power strategy, curtailment, and margin-focused operations
• IREN’s Neo Cloud model and community integration
• BC policy noise clarified for new vs existing data centers
• Network difficulty pressures and hashprice squeeze
• Why HPC is becoming the core revenue engine

Let us know in the comment section below if you're making any purchases today and how you're feeling about the market!

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