Earnings season begins in the Bitcoin mining space with Mara Holdings reporting powerful Q2 results, including $808 million in net income largely driven by their Bitcoin holdings.• Bit Digital awards 300,000 restricted stock units to senior management• WhiteFiber IPO structure reveals BitDigital shareholders will retain 75.1% of the new company• Hive Digital achieves 14 EH/s milestone on path to 25 EH/s by November• Mara Holdings reports 64% revenue increase to $238 million with improved margins• FASB accounting rules allow Bitcoin holdings to be marked to market, adding $1.2 billion to Mara's balance sheet• Mara now has 70% of mining operations in self-owned facilities with $0.04/kWh average power costs• Cost to mine each Bitcoin is approximately $73,832 against revenue of $101,139 per coin• JP Morgan and Coinbase partnership creates direct bank-to-wallet connection for seamless transfersSign 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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