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Power Analysis

Anthony Power & Bryce McNallie

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Bitfarms Earnings, MARA Power Strategy + NBIS, IREN, DMGI & CRWV News!

We track a market rebound across Bitcoin, the MAG 7, and miner-linked AI names, then dig into why contracts and power strategy are driving a widening valuation gap. We also break down BitFarms’ shift toward co-location, new AI data center builds in Scandinavia, and Mara’s expanded gas-to-power plan for cheaper mining. • bitcoin move toward 68,000 and the macro backdrop behind the bounce  • mega cap tech green day and why it lifts miners and HPC AI plays  • valuation gap between miners with signed AI deals and those without  • enterprise value per megawatt as a simple re-rating framework  • 401k access and Clarity Act timeline as potential crypto catalysts  • CoreWeave GPU-backed financing and what it signals for AI infrastructure funding  • Scandinavia as a data center cluster with lower PUE and renewable power  • GPU hourly rental rates and the risk of relying on spot pricing  • Bitfarms earnings highlights, cash and bitcoin on the balance sheet, and the Keel rebrand  • Moses Lake strategy shift from GPU-as-a-service toward co-location  • pipeline, permitting, and staged buildout logic across future sites  • DMG’s defense-oriented angle with secure prefabricated data centers  • Mara doubling behind-the-meter gas-to-power and the flared gas opportunity  Let us know in the comment section below what you thought of Bitfarm's results and the strategic move by MARA! 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 - powermininganalysis@gmail.com

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