EPISODE · Oct 3, 2025 · 37 MIN
October’s Bitcoin Surge, Miners on Fire: RIOT, MARA & CLSK Production Analysis!
from Power Analysis · host Anthony Power & Bryce McNallie
Bitcoin pushes toward an all‑time high as Riot, Mara, and CleanSpark report solid September results, with efficiency, power strategy, and treasury moves shaping margins. We break down HODL-to-market-cap shifts, utilization gains, and why HPC-ready sites may define the next leg.• Riot’s production, power credits, and rising market cap• CleanSpark’s near‑50 EH progress and strong treasury• Marathon’s utilization jump and rare Bitcoin sales• HODL value versus market capitalisation signals• Fleet efficiency improvements under difficulty pressure• Texas power dynamics and curtailment math• Bitdeer’s SEAL miner advantage and global sites• HPC/AI pivot timing, sites, and capital needs• Why clarity of strategy drives valuation premia“Smash the like button, and let us know which of these three heavy hitters is your favorite and why”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]
What this episode covers
Bitcoin pushes toward an all‑time high as Riot, Mara, and CleanSpark report solid September results, with efficiency, power strategy, and treasury moves shaping margins. We break down HODL-to-market-cap shifts, utilization gains, and why HPC-ready sites may define the next leg. • Riot’s production, power credits, and rising market cap • CleanSpark’s near‑50 EH progress and strong treasury • Marathon’s utilization jump and rare Bitcoin sales • HODL value versus market capitalisation signals •...
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October’s Bitcoin Surge, Miners on Fire: RIOT, MARA & CLSK Production Analysis!
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