Bitcoin miners Iren and Cipher release blockbuster July production results with Iren mining a record 728 Bitcoin at 76% gross margins while Cipher reaches their 20 exahash target. The standout performers demonstrate how strategic power management and operational efficiency separate industry leaders from competitors.• Iren delivers 91% fleet utilization despite summer curtailment pressures• Cipher Mining earns power credits equivalent to 6 Bitcoin ($690,000) through strategic curtailment• Iren's HPC/AI business generates $2.3 million in July revenue with more GPUs being deployed• Power cost comparison shows leaders achieving 2.7-2.8 cents per kilowatt hour• Texas energy market provides competitive advantage through power purchase agreements• Iren, CleanSpark, and Riot lead efficiency metrics at approximately 16 Bitcoin per exahash• Construction updates show Iron on track to energize 2.3 gigawatts for data centers by mid-2026Take a second to smash the like button and subscribe to McNallie Money. Let us know in the comments which miner you're currently holding and prefer - Iren or Cipher?Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletterAnthonys Info: Website: https://www.powermininganalysis.com X: https://twitter.com/cazenove_uk Patreon: https://www.patreon.com/Cazenove_UK Bryce's Info: X: https://twitter.com/McnallieM Patreon: https://www.patreon.com/McNallieMoney Merch: https://shop.mcnalliemoney.com/ Website: https://www.mcnalliemoney.com Business Inquiries: Email - [email protected]

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