Season 1 Episode 285
Major Bitcoin mining companies report strong performance metrics despite recent halving challenges, with several miners maintaining impressive efficiency rates and healthy profit margins.
• Iren's operational hash rate increased 21% month-over-month to 36.6 EH/s
• Iren achieved 9% increase in Bitcoin production despite halving and shorter month
• Iren's AI cloud services revenue grew 25% to $2 million monthly with 98% margin
• CleanSpark maintained 40.1 EH/s operational hash rate with 15.8 J/TH efficiency
• CleanSpark increased Bitcoin holdings to 12,101 BTC valued at $1.14 billion
• Cipher Mining achieved 69.6% mining margin in Q1 despite challenging conditions
• Global hash rate shows the US dominating with Texas representing 25-30% of worldwide mining
• Network difficulty decreased 3.3%, providing temporary relief for miners
• New Hampshire becomes first state to pass a Strategic Bitcoin Reserve bill into law
• Top mining stocks showing signs of recovery with several up 30-60% in recent weeks
Visit compassmining.io to learn how you can start mining Bitcoin in as little as 48 hours with our turnkey hardware solutions.
Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter
Anthonys Info:
Website:
https://www.powermininganalysis.com
X:
https://twitter.com/cazenove_uk
Patreon:
https://www.patreon.com/Cazenove_UK
Bryce's Info:
X:
Patreon:
https://www.patreon.com/McNallieMoney
Merch:
https://shop.mcnalliemoney.com/
Website:
Business Inquiries:
Email - powermininganalysis@gmail.com
Published on 7 months, 3 weeks ago
If you like Podbriefly.com, please consider donating to support the ongoing development.
Donate