Power Analysis
byAnthony Power & Bryce McNallie
BusinessInvesting
Power Analysis is the premier destination for investors tracking the Bitcoin mining and AI infrastructure space.Hosted by Anthony Power (@cazenove_uk) — one of the most respected voices in Bitcoin mining stock analysis — alongside Bryce McNallie (@McnallieM), Power Analysis delivers in-depth company interviews, earnings breakdowns, sector news, and market commentary — direct from the executives building the next generation of digital infrastructure.Whether you're actively trading mining stocks, researching AI infrastructure plays, or just getting started — Power Analysis gives you the edge with timely, accurate coverage across the companies that matter most.New episodes dropping regularly. Subscribe and never miss a move.🐦 F...
Episodes(40 episodes)
Season 1 - Episode 572
MARA & CLSK Earnings, More IREN News & BTDR Production Update!
We sort through a brutal red day and explain how to survive Bitcoin miner volatility by zooming out, doing the work, and setting sell targets you can actually follow. Then we break down the latest updates from Bitdeer, Mara, CleanSpark, and IREN, showing how AI HPC deals and power capacity are starting to drive valuations more than pure mining growth. • How we think about daily volatility in Bitcoin and miner equities • Why disciplined price targets beat reactive trading • Strategy’s rapid Bitcoin accumulation and what it signals • The market re-rate effect when miners sign AI data center...
Published: May 12, 2026Duration: 56m 0s
Season 1 - Episode 571
Keel Earnings, IREN’s $2B Convert & The AI Data Center Land Grab!
We track the fast-moving shift from Bitcoin mining to AI infrastructure, where power capacity and signed leases drive the biggest valuation changes. We break down Keel’s earnings narrative, Iron’s financing move, and the key signals we watch to separate real deal momentum from noisy price action. • Bitcoin’s recent price action, volatility, and why fundamentals still matter • Strategy’s latest Bitcoin purchases, Stretch mechanics, and dividend obligations • The Clarity Act odds, why regulation can unlock sidelined capital, and what that could mean for sentiment • Miner stock re-rates as the market prices AI and HPC revenue a...
Published: May 11, 2026Duration: 49m 31s
Season 1 - Episode 570
Huge IREN Update, WULF Earnings & HIVE News!
We track how Bitcoin holding above $80K sets the baseline, then zoom out to the real story: public miners racing to turn power into contracted AI and HPC data center revenue. We break down the biggest earnings-week moves from TerraWulf and Iron, plus Hive’s infrastructure upgrades, to show why the market is re-rating “power and GPUs” faster than “hashrate and hodl.”• Bitcoin range context and why it still anchors miner cash flows• Earnings-week volatility, profit taking, and how to think about position sizing• Heat map momentum across the AI infrastructure basket, including BitZero and Soluna• Hiv...
Published: May 8, 2026Duration: 42m 18s
Season 1 - Episode 569
ABTC - President, Matt Prusak - Q1 Earnings, Outlook & 2026 Strategy!
We sit down with Matt Prusek to break down ABTC’s Q1 performance and the mechanics behind growing a Bitcoin treasury through volatility. We dig into fleet growth, cost per coin, and why the company stays committed to stacking sats while many miners pivot toward AI. • Q1 production record and what 817 mined BTC signals • Growing the strategic Bitcoin reserve past 7,000 BTC and why satoshis per share is the North Star • How the Bitmain Bitcoin pledge structure works and why it behaves like an option • Keeping SG&A lean through co-location with Hut 8 and managed servic...
Published: May 8, 2026Duration: 36m 43s
Season 1 - Episode 568
Core Scientific & ABTC Earnings, SLNH, MARA & Bitzero Deal News!
We track the biggest AI infrastructure and Bitcoin mining developments from a volatile week, from a potential crypto market structure catalyst to miners repositioning around power control and hosting. We also break down ABTC and Core Scientific earnings and explain what the numbers say about margins, uptime, and the reality of delivering HPC at scale. • Bitcoin hovering above $80,000 and what volatility signals • Clarity Act updates and why a July deadline matters • Profit taking discipline after fast miner rallies • BitZero megawatt economics and the Nasdaq uplisting impact • MARA’s Long Ridge Energy financing and the shift to...
Published: May 7, 2026Duration: 36m 56s
Season 1 - Episode 567
Hut 8 Giga Deal, CORZ & RIOT News, AMD Earnings & CLSK Production!
We break down why Bitcoin mining stocks are ripping even while Bitcoin is relatively steady, and why the market is rewarding power assets and signed AI data center contracts. We compare AMD’s AI-driven data center performance to what miners are promising, then pressure-test the margin claims, delivery risks, and what really drives the re-rate. • Bitcoin price context and why the sector still rallies • AMD earnings as a read-through for AI data center demand • power scarcity as the bottleneck for HPC and AI infrastructure • why 75% to 100% margin claims need a reality check • penalties, delays, and const...
Published: May 6, 2026Duration: 41m 47s
Season 1 - Episode 566
Cipher Earnings & IREN M&A: BITZ, RIOT & MARA News!
We track a wild day across Bitcoin and AI infrastructure stocks as earnings, new leases, and M&A reset what “Bitcoin mining” even means. We break down why the market is re-rating companies with HPC contracts and how power, build execution, and financing levers are becoming the real edge. • bitcoin price move and why it matters for miners • heat map read-through and why “deals” drive green days • Bitzero’s 110MW Norway GPU lease and what the numbers imply • Applied Digital spinning out Chronoscale to separate business models • Cipher earnings highlights across Barber Lake, Black Pearl, and Stingray...
Published: May 5, 2026Duration: 48m 39s
Season 1 - Episode 565
IREN vs Nebius: Two AI Data Center Builders Facing Off Before Earnings!
Bitcoin ripping higher sets the tone, then we pivot into the real question our community keeps debating: Iron or Nebius as the cleaner AI infrastructure and HPC bet. We compare market caps, revenue ramps, hyperscaler contracts, power portfolios, and the make-or-break factor of execution as earnings approach for both companies. • Bitcoin strength and why miners still care • Clarity Act updates and what still has to clear • Treasury buyers and how “HODL” plays into miner valuations • Earnings calendar expectations across the mining and HPC names we track • Applied Digital bridge facility and what it signals for AI data...
Published: May 4, 2026Duration: 47m 52s
Season 1 - Episode 564
Riot Platforms - CEO, Jason Les Q&A - Q1 Earnings & AMD Deal Expansion!
We break down Riot Platforms’ Q1 results by focusing on what matters most: execution on the AMD data center lease, the roadmap for Corsicana, and how we think the company shifts from Bitcoin mining to AI and HPC infrastructure. Jason Les explains why delivery speed, supply chain control, and disciplined financing are the real catalysts behind any valuation re rating.• AMD lease progress and what the expansion option signals • How data center revenue ramps from tenant fit out to recurring lease income • Why SLAs and non performance penalties make operations a moat • Mining performance update and ho...
Published: May 1, 2026Duration: 46m 3s
Season 1 - Episode 563
Huge MARA News, Mike Alfred Buying SLNH & KEEL Gets Approval in PA!
We break down the biggest Vegas headlines, from Tether’s proposed Bitcoin mega merger to hyperscaler CapEx that is reshaping the race for land, power, and permits. We also dig into why Keel’s zoning approval and Mara’s Long Ridge power plant acquisition could change the economics of mining and the transition into HPC AI. • Tether backed consolidation idea and what an integrated Bitcoin platform could look like • Elektron’s scale as a private miner and why all in cost matters more than buzzwords • Hyperscaler CapEx surge and the practical bottlenecks for new data center supply <br...
Published: Apr 30, 2026Duration: 26m 23s
Season 1 - Episode 562
Bitcoin Conference Highlights & Latest AI News (BITZ, HUT, GLXY & SLNH)
We recap day two from Bitcoin Conference Las Vegas and the biggest conversations we have on the floor, from networking with familiar names to spotting how fast the space is changing. We also connect the dots between Bitcoin volatility and the AI infrastructure buildout, including major data center updates from BitZero, Soluna, Galaxy and Hut 8. • Highlights from the BitGo area and the Satoshi Action Party • What we notice on the conference floor including media interviews and key personalities • Bitcoin pulling back during conference week and why long-term framing still matters • AI and HPC stocks selli...
Published: Apr 28, 2026Duration: 16m 34s
Season 1 - Episode 561
Bitcoin Conference Day 1, Top News & Price Targets (CORZ, IREN, CIFR, RIOT & KEEL)
We’re on the ground in Las Vegas for the Bitcoin conference and we open with a real-time read on Bitcoin’s pullback from the high 70,000s and what that volatility means for positioning. Then we zoom out to the bigger shift in crypto equities as miners lean harder into power, hosting, and HPC AI deals ahead of a packed earnings calendar. • Bitcoin’s dip during conference week and why the market still looks constructive • Strategy’s latest Bitcoin buy and what weekly supply math implies • What we see on the conference floor and why face-to-face...
Published: Apr 27, 2026Duration: 26m 36s
Season 1 - Episode 560
AI Infrastructure Stocks On A Tear: Latest IREN, KEEL, CORZ, CIFR & APLD News!
We walk through another green day for AI infrastructure stocks and the Bitcoin miner names making the clearest shift into HPC data centers. We break down a major Applied Digital hyperscaler lease, debate real-world megawatt pricing, and track how financing and permits can re-rate these stocks fast. • Bitcoin holding above $78K and what the heat map shows • IREN pullback as a potential buy zone and what to watch in results • How an ATM raise can fund data center expansion at Sweetwater • Applied Digital 15-year AI colocation lease and $/MW math • Core Scientific secured senior...
Published: Apr 23, 2026Duration: 20m 35s
Season 1 - Episode 559
Bulls In Full Control: IREN, ABTC, HIVE & KEEL News!!!
Bitcoin pushes back toward the high-$70Ks and the mining stocks snap higher with it, setting up a fresh look at what efficiency and power cost really mean after the halving. We break down ABTC’s fleet upgrade math, then zoom out to why Hive and Keel are treating AI and HPC data centers as the long-game. • Bitcoin’s daily move and why miners react faster than BTC • How 24/7 trading and macro headlines shape risk appetite • Why power becomes the real product as miners add HPC • ABTC’s hash rate jump and elite joules-per-terahash efficiency •...
Published: Apr 22, 2026Duration: 27m 9s
Season 1 - Episode 558
The Miner Re-Rating Process: IREN, CIFR, SLNH, CORZ, RIOT Valuation Metrics!
We break down why Bitcoin miners pivoting to AI and HPC are getting re-rated so quickly and why signed contracts matter more than narratives. We compare Soluna’s rapid momentum with Core Scientific’s scaled buildout, then walk through the valuation and balance sheet metrics we use to keep ourselves honest.• Bitcoin holding around the $75k range and why miner stocks still swing hard • Two clear groups forming: miners with executed AI/HPC deals versus miners still waiting • Soluna as a “no contract yet” example driven by hosting growth and visible project timelines • Core Scientific’s $...
Published: Apr 21, 2026Duration: 42m 1s
Season 1 - Episode 557
Strategy Takes The Bitcoin Crown, SLNH, BTBT, ABTC & HUT News!
We break down Strategy’s massive Bitcoin buy that vaults it past BlackRock’s iBit and dig into what relentless corporate demand does to real-world supply. We also map the Clarity Act timeline and pivot to AI infrastructure plays, miner economics, and the valuation metrics that can make or break Q1 earnings reactions. • Strategy adds 34,164 Bitcoin in a week and pushes total holdings past 815,000 • Strategy surpasses BlackRock iBit and reshapes the corporate holder leaderboard • Miners trend toward selling production and sometimes treasury holdings • Supply math versus demand, with Strategy buying multiples of daily issuance •...
Published: Apr 20, 2026Duration: 41m 9s
Season 1 - Episode 556
Is the Bitcoin Bear Market Over???
Bitcoin rips back toward $78,000 and the miners and HPC AI names surge with it, pushing us to ask whether the bear phase is finally breaking. We dig into the data behind the move, from ETF inflows and corporate treasuries to mining profitability and the shift toward AI compute revenue. • bitcoin price momentum and what a weekend hold would signal • shifting tone from large technical accounts and why cycle lows matter • Michael Saylor and Strategy turning profitable on average cost • altcoin strength alongside bitcoin and what broader participation suggests • public companies adding bitcoin to treasury and ho...
Published: Apr 17, 2026Duration: 26m 30s
Season 1 - Episode 555
Soluna Deep Dive: Latest News, AI Strategy & 2026 Outlook!
We dig into Soluna’s strategy at the crossroads of wind power, Bitcoin hosting and the shift toward AI and HPC data centers as the company heads into 2026. We break down the Briscoe wind farm deal, the Dorothy site buildout, and the capital plan behind turning a 4.3GW pipeline into real revenue.• Soluna’s communication style, CEO AMAs and frequent updates • Business model overview across renewable energy, Bitcoin mining, hosting and AI compute • Why hosting can stay profitable across Bitcoin cycles • Power pricing and why low cents per kWh changes everything • KATI 2 and the JV approac...
Published: Apr 16, 2026Duration: 33m 17s
Season 1 - Episode 554
Latest WULF Guidance & Offering, BTDR Results & RIOT News!
We walk through a market pullback, Bitcoin holding near $74K, and why mining stocks can swing even when BTC barely moves. We also track the industry’s rapid pivot toward AI data centers and HPC revenue, using fresh updates from TeraWulf, BitDeer, and Riot. • Bitcoin price momentum near $74K and what a small pullback signals • Strategy’s accelerating Bitcoin treasury accumulation and the race toward one million BTC • Why hosted mining and cloud hash rate models change miner sensitivity to BTC price • Community engagement by miners and the backlash against AI data centers in Missouri <br...
Published: Apr 15, 2026Duration: 31m 16s
Season 1 - Episode 552
BitZero Deep Dive: BitZero's AI Pivot!
We break down BitZero’s shift from Bitcoin mining toward AI high performance computing, and why predictable revenue starts to matter more than hash rate when margins get thin. We map their sites, their cost constraints, and the realistic paths to landing an HPC tenant without blowing through the balance sheet. • BitZero’s strategic pivot toward HPC and AI compute • why miners chase predictable revenue alongside Bitcoin exposure • the capital reality of tier-three data centers versus hybrid retrofits • why low power cost matters more for mining than HPC margins • site by site look at Norway, Fin...
Published: Apr 14, 2026Duration: 32m 7s