Power Mining Analysis

Monumental shifts are occurring in the crypto world as the United States passes three critical bills headed to the President's desk, with major financial institutions like Charles Schwab enabling Bitcoin trading in retirement accounts. • Three crypto bills – the Clarity Act, the Genius Act, and the Anti-CBDC Act approved and awaiting the President's signature • Trump administration delivering on promises for crypto adoption and legislation • 401(k) plans and pension funds now opening to Bitcoin, unlocking up to $9 trillion potential investment • Charles Schwab (10 trillion dollar banking company) enabling Bitcoin buy/sell capabilities • HODL15 tracking shows explosive growth in corporate Bitcoin treasuries; minimum 25 BTC needed to make top 100 list • ETF inflows consistently hitting hundreds of millions to over a billion dollars daily • BlackRock's iBit ETF purchased over 30,000 Bitcoin since July, far exceeding the 7,000 produced by miners • Ethereum treasury companies gaining momentum - BitDigital now holds 120,000 ETH • SharpLink Gaming upscales ATM from $1B to $6B for Ethereum purchases • Hive Digital celebrates 4 years on NASDAQ, doubling hash rate to 12 exahash • Core Scientific/CoreWeave deal developments and potential implications for shareholders • Cipher Mining purchases 6,840 Avalon A15 Pro miners from Canaan for Black Pearl facility Like the video, subscribe to McNallie Money, and let us know in the comments if you're buying, selling, or holding in the current crypto market. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter

Canaan is a pioneering Bitcoin ASIC manufacturer that has evolved into a global mining operation with significant holdings and competitive advantages. We examine their journey from hardware innovation to strategic mining operations across multiple continents. • Founded in 2013 as an ASIC manufacturer with their Avalon series miners • Currently holds 15-20% market share in the global ASIC manufacturing space • Latest Avalon A15 Pro achieves 16.8 joules per terahash efficiency • Innovative product lineup includes home miners that double as heating solutions • Operating mining facilities across USA, Ethiopia, Canada, and Middle East • Currently running 8.16 EH/s with 6.57 EH/s operational, expanding to 8.94 EH/s • Extremely competitive 4.6¢/kWh average power cost across global operations • Holding 1,484 BTC worth $159 million as of June 2023 • Management recently purchased 817,000 shares on open market • Board authorized $30 million share repurchase program • Share price doubled from $0.50 to over $1.00 with record trading volume • Analyst Kevin Dede issued $3.00 price target Smash that like button and subscribe to McNally Money for more power mining analysis! Let us know in the comments if you've heard of Canaan before and if you're currently holding shares.

The cryptocurrency market is experiencing a major week with Bitcoin reaching $119,000 and crucial legislation being considered in Washington that could transform America's approach to digital assets. • Three key bills being voted on in the US this week could redefine the crypto landscape • Bitcoin miners showing strong performance with many up in high single or low double-digit percentages • Bit Digital filed an S1 for WhiteFiber spinoff with ticker WYFI, with 80% going to existing shareholders • Blockstream and Cantor Fitzgerald raising a massive $4 billion for Bitcoin treasury investments • Soluna Holdings struggled with dilution, selling 9 million shares at 55 cents, significantly below recent prices • The Clarity Act aims to clarify which digital assets are securities vs commodities • Anti-CBDC Surveillance State Act would ban central bank digital currencies in the US • The Genius Act would regulate stablecoins with a framework for consumer protection • State-level Bitcoin adoption progressing with Arizona, Texas, and Utah leading with approved Bitcoin reserves • Approximately 50% of US states now have cryptocurrency initiatives in some stage of development Help us understand what content you'd like to see more of by leaving your feedback in the comments section below. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter

The emerging competition between Ethereum strategy companies is heating up as Bit Digital, BTCS, Bitmine, and Sharplink Gaming race to accumulate ETH treasury assets. We analyze how these companies are differentiating themselves from traditional Bitcoin treasury strategies by generating 3% returns through staking. • Ethereum treasury companies seeing strong market interest with competitive acquisitions • Bit Digital raising $67.3 million through share offering to purchase more Ethereum • MARA allocating 2,000 Bitcoin to Two Prime for yield generation • Riot continuing to sell its BitFarms position to fund development initiatives • Core Scientific and CoreWeave deal progressing with 0.1235 share exchange ratio • US regulators now allowing banks to custody Bitcoin and cryptocurrencies • Hash price dropping below $60 with projected 4% difficulty increase • Miner Madness competition showing impressive early returns over 35% Take a second to smash the like button, and if you're not already subscribed to McNallie Money, feel free to join. Let us know in the comment section how you're feeling about miners right now and your top pick in the sector. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter

Bitcoin achieves a significant milestone surpassing $120,000 and becoming the fifth most valuable entity in the world, overtaking Amazon and approaching Apple's market capitalization. This dramatic price movement highlights a fascinating valuation discrepancy between Bitcoin miners and Bitcoin treasury companies in how the market values their Bitcoin holdings. • Explanation of mNAV (Multiple of Net Asset Value) which measures how much premium investors pay for a company's Bitcoin holdings • Analysis of Bitcoin treasury companies like Strategy (mNAV 1.9), MetaPlanet (mNAV 3.7), and SmarterWeb (mNAV 7.6) trading at significant premiums • Discussion of Bitcoin miners like Mara, Riot, and CleanSpark trading at discounts to their Bitcoin holdings despite owning additional assets • Examination of why mining companies face valuation challenges due to operational complexity, capital requirements, and halving events • Exploration of how newer Bitcoin treasury companies have seen explosive growth with SmarterWeb growing from single-digit millions to $1.4 billion • Prediction that mNAV premiums will compress over time as more companies enter the Bitcoin treasury space • Update on major Bitcoin acquisitions with Strategy now holding over 600,000 Bitcoin and MetaPlanet accumulating over 16,000 Bitcoin Smash that like button and let us know in the comments what you think about this mNAV discrepancy and your current top pick in the Bitcoin sector. Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter