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. Anthonys Info: Website: https://www.powermininganalysis.com X: https://twitter.com/cazenove_uk Patreon: https://www.patreon.com/Cazenove_UK Bryce's Info: X: https://twitter.com/McnallieM Patreon: https://www.patreon.com/McNallieMoney Merch: https://shop.mcnalliemoney.com/ Website: https://www.mcnalliemoney.com Business Inquiries: Email -
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