CleanSpark & TeraWulf Earnings + HIVE Production Update!

Bitcoin miners trade deep in the red despite Bitcoin holding above $116,000, demonstrating the volatile nature of mining stocks compared to the underlying cryptocurrency they produce.• Hive Digital Technologies reaches 15.1 ExaHash milestone, representing 150% hash rate growth since January• July production totaled 203 Bitcoin, up 24% from June, with improved fleet efficiency of 5%• Hive targeting 25 ExaHash by Thanksgiving through strategic partnership with Bitmain• TeraWulf reports mining 485 Bitcoin in Q2, with average energy costs of $45,555 per Bitcoin• TeraWulf's HPC strategy includes 72.5 MW contract with Core42, with revenue beginning in Q3• CleanSpark reports $257M net income heavily influenced by Bitcoin price appreciation• CleanSpark's total cash cost per Bitcoin at $64,016, with additional $47,000 in depreciation per coin• Mining companies face significant impact from non-cash expenses, particularly depreciation• Current Bitcoin price of $116,000 represents substantial increase from Q2 average of $98,500Take a second to hit the like button and subscribe to McNallie Money. Let us know in the comments if you're holding any of these three companies and what you thought about their recently reported numbers.Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletterAnthonys Info:Website:https://www.powermininganalysis.comX: https://twitter.com/cazenove_ukPatreon:https://www.patreon.com/Cazenove_UKBryce's Info:X:https://twitter.com/McnallieMPatreon:https://www.patreon.com/McNallieMoneyMerch:https://shop.mcnalliemoney.com/Website:https://www.mcnalliemoney.comBusiness Inquiries:Email - [email protected]