Power Analysis

Bit Digital & WhiteFiber - CEO, Sam Tabar - Q1 Earnings, AI News & Outlook!

We sit down with Sam Tabar to unpack Bit Digital’s quarter, the impact of ETH mark-to-market accounting, and the plan to close the NAV gap through repeatable returns. We also dig into WhiteFiber’s NC1 ramp, what contracted backlog really means, and how the company funds rapid AI compute growth without defaulting to dilution.   • Bit Digital Q1 revenue drivers and why the net loss is non-cash ETH mark-to-market  • ETH staking economics and the role of liquid staking for treasury flexibility  • WhiteFiber NC1 construction status, phased commissioning, and timing to full revenue contribution  • Remaining performance obligations as contracted future revenue and why it is not the ceiling  • Contract margin clarity, delivery execution, and avoiding penalty scenarios  • Montreal 3 retrofit, lease-to-own speed, and the strategic case for buying the asset  • GPU cloud fleet sold out under term contracts and what triggers the next capacity build  • Customer prepayments and equipment financing as a more capital-efficient growth model  • $100M delayed draw term loan facility and how both Bit Digital and White Fiber benefit  • Paris contract and the disciplined approach to European expansion driven by customer demand  • Majority ownership strategy, potential float increase over time, and the AI plus Ethereum convergence  Let us know in the comment section below if you're holding either one of these companies and what you think about their strategy moving forward! Anthonys Info: Website: https://www.powermininganalysis.com [https://www.powermininganalysis.com/] X:  https://twitter.com/cazenove_uk [https://twitter.com/cazenove_uk] Patreon: https://www.patreon.com/Cazenove_UK [https://www.patreon.com/Cazenove_UK] Bryce's Info: X: https://twitter.com/McnallieM [https://twitter.com/McnallieM] Patreon: https://www.patreon.com/McNallieMoney [https://www.patreon.com/McNallieMoney] Merch: https://shop.mcnalliemoney.com/ [https://shop.mcnalliemoney.com/] Website: https://www.mcnalliemoney.com [https://www.mcnalliemoney.com/] Business Inquiries: Email - powermininganalysis@gmail.com [brycemcnallie@gmail.com]

Huge IREN News, DMG Lands LOI & NVDA GTC Updates!

We track how AI infrastructure demand is pushing “miner” stocks higher even as Bitcoin pulls back, and we pressure-test whether this decoupling is real or just momentum. We dig into NVIDIA GTC ripple effects, DMG’s surprise 50MW AI LOI, Bitdeer’s production ramp, and IRIN’s record GPU financing to understand what actually drives long-term valuation.  • Bitcoin price weakness versus rising HPC and AI infrastructure plays  • Michael Saylor selling 32 Bitcoin as a market signal test  • NVIDIA GTC shout outs and why preferred partner status matters  • Neo clouds, capacity constraints, and why AI labs need more compute  • Sector heat map performance and what re-rating catalysts look like  • DMG Blockchain LOI for 50MW at Christina Lake and why power sites matter  • Data center build cost per megawatt and labour inflation pressures  • Valuation scenarios for co-location revenue per megawatt and EBITDA margins  • Bitdeer weekly Bitcoin production, treasury approach, and SEAL miner expansion  • IREN network architecture validation using a digital twin  • IREN $3.65B GPU financing details and what cheap capital unlocks  Let us know in the comment section below what you thought of today's headlines and last night's big speech! Anthonys Info: Website: https://www.powermininganalysis.com [https://www.powermininganalysis.com/] X:  https://twitter.com/cazenove_uk [https://twitter.com/cazenove_uk] Patreon: https://www.patreon.com/Cazenove_UK [https://www.patreon.com/Cazenove_UK] Bryce's Info: X: https://twitter.com/McnallieM [https://twitter.com/McnallieM] Patreon: https://www.patreon.com/McNallieMoney [https://www.patreon.com/McNallieMoney] Merch: https://shop.mcnalliemoney.com/ [https://shop.mcnalliemoney.com/] Website: https://www.mcnalliemoney.com [https://www.mcnalliemoney.com/] Business Inquiries: Email - powermininganalysis@gmail.com [brycemcnallie@gmail.com]

KEEL Deal Analysis, Price Targets & DELL Earnings!

We break down how AI infrastructure demand is reshaping valuations across Bitcoin miners, using Dell’s blowout quarter as a real-time signal that the data center build-out is accelerating. We then compare signed HPC deals across the sector and run a sensitivity model on what Keel could be worth if it lands multiple contracts while capex and labour costs rise.  • Bitcoin’s short-term volatility and why miners still care even with HPC narratives  • Dell’s earnings as a read-through for AI server demand, cash flow strength, and backlog  • Why racks, networking, cabling, and deployment speed are the “glue” between GPUs and data centers  • Sector heat map, options expiration noise, and the case for taking profits after big runs  • BitFuFu’s earnings mix, cloud mining scale, and the slow path toward any HPC pivot  • HUT 8 price target upgrades, Beacon Hill economics, and how re-rates happen before sites are finished  • Deal-by-deal comparison of contracted compute megawatts versus market caps across key names  • Keel’s three-site setup and a sensitivity analysis for revenues, EBITDA margin, capex per megawatt, and multiples  • Labour and electrical labour inflation as a near-term bottleneck that can change project economics  Let us know in the comment section below how the portfolio is looking, your top pick in the sector currently, and if you've been taking any profits over the course of the week! Anthonys Info: Website: https://www.powermininganalysis.com [https://www.powermininganalysis.com/] X:  https://twitter.com/cazenove_uk [https://twitter.com/cazenove_uk] Patreon: https://www.patreon.com/Cazenove_UK [https://www.patreon.com/Cazenove_UK] Bryce's Info: X: https://twitter.com/McnallieM [https://twitter.com/McnallieM] Patreon: https://www.patreon.com/McNallieMoney [https://www.patreon.com/McNallieMoney] Merch: https://shop.mcnalliemoney.com/ [https://shop.mcnalliemoney.com/] Website: https://www.mcnalliemoney.com [https://www.mcnalliemoney.com/] Business Inquiries: Email - powermininganalysis@gmail.com [brycemcnallie@gmail.com]

BitFuFu - VP of IR, Charley Brady Q&A - Q1 Earnings & 2026 Outlook!

We sit down with BitFuFu VP of Investor Relations Charley Brady right after Q1 earnings to separate the real operating story from the accounting noise. We dig into why cloud mining is becoming the core revenue engine, how hash rate allocation decisions get made, and what investors should watch as costs rebalance through 2026.  • Q1 revenue performance and why cloud mining drives the mix  • How BitFuFu shifts hash rate between cloud mining and self-mining for return  • Fair value Bitcoin accounting, mark-to-market impacts, and what to watch in the EBITDA bridge  • Customer retention, churn, and why institutional demand behaves differently than retail  • Where growth is coming from, including Africa and Asia, plus why the US market is not active yet  • Ethiopia facility disruption, fleet monitoring, and efficiency gains from upgrading miners  • ASIC pricing dynamics for S19s and S21s, used machine supply, and the next 18 months of hardware cycles  • Data centre footprint, leased capacity, and the cautious approach to HPC AI and GPU infrastructure  Let us know in the comment section below if you're currently holding shares of BitFuFu and what you thought about this round of earnings! Anthonys Info: Website: https://www.powermininganalysis.com [https://www.powermininganalysis.com/] X:  https://twitter.com/cazenove_uk [https://twitter.com/cazenove_uk] Patreon: https://www.patreon.com/Cazenove_UK [https://www.patreon.com/Cazenove_UK] Bryce's Info: X: https://twitter.com/McnallieM [https://twitter.com/McnallieM] Patreon: https://www.patreon.com/McNallieMoney [https://www.patreon.com/McNallieMoney] Merch: https://shop.mcnalliemoney.com/ [https://shop.mcnalliemoney.com/] Website: https://www.mcnalliemoney.com [https://www.mcnalliemoney.com/] Business Inquiries: Email - powermininganalysis@gmail.com [brycemcnallie@gmail.com]

AI Infrastructure Price Targets: IREN, RIOT, BTDR & DMGI!

We step back from day to day Bitcoin noise and focus on why AI infrastructure and HPC data center deals are driving real rerates across former miners. We break down fresh price targets, what the market is already pricing in, and how a single large contract can reshape valuation math for names like Riot, Bit Digital, DMG and Iren.  • Bitcoin weakness alongside relative strength in AI infrastructure stocks  • Why funding and revenue momentum from companies like Anthropic matter to data center builders  • How contract announcements change multiples and investor expectations  • Reading recent rallies, profit taking and 52 week positioning across the sector  • DMG’s HPC site progress and management’s deal timeline comments  • Bit Digital and WhiteFiber facility details plus the “triple compounding” ETH strategy  • Riot Platforms Corsicana sensitivity analysis using revenue per megawatt, margins, CapEx and multiples  • How much Corsicana upside may already be priced into Riot shares  • Iren’s upgraded price target and the question of what the unpriced pipeline could mean  Take a second, smash a like button, guys. If you're not already subscribed, McNallie Money, feel free to join. Pop over to the website poweranalysis.io. You can also sign up for the newsletter, comes out every Friday free, and let us know your thoughts in the comment section below! Anthonys Info: Website: https://www.powermininganalysis.com [https://www.powermininganalysis.com/] X:  https://twitter.com/cazenove_uk [https://twitter.com/cazenove_uk] Patreon: https://www.patreon.com/Cazenove_UK [https://www.patreon.com/Cazenove_UK] Bryce's Info: X: https://twitter.com/McnallieM [https://twitter.com/McnallieM] Patreon: https://www.patreon.com/McNallieMoney [https://www.patreon.com/McNallieMoney] Merch: https://shop.mcnalliemoney.com/ [https://shop.mcnalliemoney.com/] Website: https://www.mcnalliemoney.com [https://www.mcnalliemoney.com/] Business Inquiries: Email - powermininganalysis@gmail.com [brycemcnallie@gmail.com]