We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode IREN Achieves 50 EH/s Target, ABTC News & MARA Production!

IREN Achieves 50 EH/s Target, ABTC News & MARA Production!

2025/7/1
logo of podcast Power Mining Analysis

Power Mining Analysis

Shownotes Transcript

IREN achieves its ambitious 50 exahash per second target on schedule, marking extraordinary growth from just 1 exahash 30 months ago and demonstrating the team's consistent ability to deliver on promises.• IREN reaches 50 exahash milestone in record time, representing 50x growth in 2.5 years• IREN's stock hits 12-month high of $16.23 per share, reflecting market confidence• Horizon One HPC facility development progressing well with completion expected Q4 2025• Marathon's June production shows 25% decline due to curtailment stemming from weather conditions• Marathon's Bitcoin holdings approach 50,000 BTC, valued at $5.35 billion• American BTC (Trump sons + Hut 8 partnership) raises $220 million for Bitcoin accumulation• American BTC plans to go public in Q3 through Griffin Mining merger• Miner Madness 3.0 competition concludes with top winner achieving nearly 1200% returnSign up for our newsletter to enter Miner Madness 4.0 and submit your three stock picks for the next quarter's competition starting July 7th.Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter