
Hash Wars: Riot, Marathon & CleanSpark's May Production Analysis!
About this episode
Riot, Marathon, and CleanSpark release May production results on the same day, providing a unique opportunity to compare the performance of these Bitcoin mining giants across key metrics.
• Riot mined 514 Bitcoin (11% increase from April) and earned $2.2 million from power sales
• Riot purchased additional land adjacent to Corsicana facility for future HPC development
• Marathon had a strong month with 950 Bitcoin mined and record 282 blocks found
• Marathon maintains strict hodling strategy with 49,179 Bitcoin valued at $5.14 billion
• CleanSpark produced 694 Bitcoin (10% increase) and announced new 60 EH/s target
• CleanSpark shows best enterprise value per exahash at $34 million
• Marathon's hodl equals their entire market cap, suggesting mining operations valued at zero
• Bitcoin mining difficulty increased 4.4%, creating headwinds for June production
• All three miners demonstrating different strategies for long-term sustainability
• Power cost remains the most critical factor for mining profitability
Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter
Anthonys Info:
Website:
https://www.powermininganalysis.com
X:
https://twitter.com/cazenove_uk
Patreon:
https://www.patreon.com/Cazenove_UK
Bryce's Info:
X:
Patreon:
https://www.patreon.com/McNallieMoney
Merch:
https://shop.mcnalliemoney.com/
Website:
Business Inquiries:
Email - [email protected]
Get every episode summarized
Each time Power Analysis publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Power Analysis

AI Infrastructure Market Pulse: GLXY Batch Zero, KEEL, SLNH, BTBT, HIVE, HUT & B...
Power Analysis

Batch Zero Breakthrough: Latest IREN, SLNH, RIOT, HIVE & KEEL News!
Power Analysis

Riot Platforms - CEO, Jason Les Q&A - Q2 Earnings, Frontier AI Lab Deal & Corsic...
Power Analysis

ERCOT Batch Zero Explained: IREN, MARA, BTDR, RIOT, BTBT & CORZ Updates!
Power Analysis