Rephonic
Artwork for Power Analysis
Bitcoin
Bitcoin Mining
IREN
High-Performance Computing
Core Scientific
Cleanspark
Soluna Holdings
Hut 8
MARA
Bitfarms
HPC
Riot Platforms
Terawulf
Hive Digital Technologies
HPC AI
DMG
Bitdeer
Riot
Artificial Intelligence
Bitfufu

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 ... more

PublishesDailyEpisodes588Founded2 years ago
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Latest Episodes

We sit down with Ayden Kilic, CEO of Hive Digital Technologies, to break down the 320 megawatt gigafactory announcement and why it could reshape Hive’s path in AI infrastructure. We dig into the revenue math, the financing approach, and why long term... more

AI infrastructure looks less like a hype cycle when GPU rental rates rise, enterprise AI demand turns into profits, and long term data center contracts stack up across the sector. We connect NVIDIA earnings, neo cloud pricing moves, and the miner to ... more

We track Bitcoin’s sideways action, then follow the real story: miners and AI infrastructure names getting repriced as power, sites, and contracts start to matter more than day-to-day volatility. We break down deal math by megawatt, compare renting v... more

We track how Bitcoin miners are evolving into AI and HPC infrastructure companies as conferences, GPU markets, and corporate announcements all point to the same demand wave. We connect the dots across Strategy’s Bitcoin accumulation, shifting miner e... more

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Recent Guests

Matt Prusak
President at ABTC
ABTC
Episode: ABTC - President, Matt Prusak - Q1 Earnings, Outlook & 2026 Strategy!
Mohammed Bakhashwain
Founder, president and CEO of BitZero
BitZero
Episode: BitZero Deep Dive: BitZero's AI Pivot!
Charlie Brady
VP of IR at Fufu
Fufu
Episode: Bitcoin Rebounds Amid Global Tension: BITF & CORZ Stock News!
Stephen Ellis Q
COO, DMG
DMG
Episode: Bitcoin Breaks $73K: Is it Bitcoin's Time to Shine?
Jason Lez
Speaker on Riot Platforms contract and HPC/AI deployments
Riot Platforms
Episode: Bitcoin Breaks $73K: Is it Bitcoin's Time to Shine?
John Belazer
CEO of Saluna
Saluna
Episode: Bitcoin Breaks $73K: Is it Bitcoin's Time to Shine?
Sheldon Bennet
CEO of DMG Blockchain Solutions
DMG Blockchain Solutions
Episode: DMG Blockchain - CEO, Sheldon Bennet & COO, Steven Eliscu Q&A - Q1 Earnings & 2026 AI Outlook!
Steven Eliscu
COO of DMG Blockchain Solutions
DMG Blockchain Solutions
Episode: DMG Blockchain - CEO, Sheldon Bennet & COO, Steven Eliscu Q&A - Q1 Earnings & 2026 AI Outlook!
Jason Lass
CEO of Riot Platforms
Riot Platforms
Episode: Riot And Core Scientific: Earnings, Hash Rate, And The HPC Pivot!

Hosts

Anthony Power
Co-host on industry developments and interview guide for the Power Analysis channel; frequent collaborator with Power Analysis Channel.
McNally Money
Lead interviewer and show host focusing on mining and market updates; frequently discusses project deployments and financing.

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Keel Infrastructure - CEO, Ben Gagnon Q&A - Q1 Earnings & Deal Timing!
Q: Will Kiel issue equity to hyperscalers or enterprise clients to fund growth?
No immediate need to issue equity; Kiel has a robust balance sheet and can pursue opportunistic options if compelling opportunities arise, but currently does not feel pressure to dilute.
Keel Infrastructure - CEO, Ben Gagnon Q&A - Q1 Earnings & Deal Timing!
Q: How should investors view the three leases target for this year and the funding required to deliver them?
Ben expresses high confidence in financing for the leases, emphasizing a strong balance sheet, selective use of debt, and a rigorous screening process to ensure only financable deals proceed.
Keel Infrastructure - CEO, Ben Gagnon Q&A - Q1 Earnings & Deal Timing!
Q: What separates Kiel from peers on the client side in attracting contracts given the shift toward HPC/AI?
Ben attributes it mainly to location advantage, followed by a disciplined, process-driven development approach and strong stakeholder engagement that reduces community pushback, enabling smoother permitting and faster execution.
Soluna Deep Dive: Latest News, AI Strategy & 2026 Outlook!
Q: Can you walk through the current AI HPC strategy and the Dorothy 3 plans?
John Belazer explains that Soluna is progressing from a Bitcoin hosting and self-mining base toward large-scale AI HPC campuses, starting with Kati 2 and Dorothy 2 and moving toward Dorothy 3, a 150 MW compute campus, via JV partnerships (e.g., Metro Blocks) to share capital, development, and revenue streams. The approach emphasizes grid-tied, behind-the-meter generation, wind power integration, and a phased capital deployment to manage risk while expanding the AI compute footprint.
Bit Digital & WhiteFiber - CEO, Sam Tabar - FY25' Earnings, ETH Outlook & AI Strategy!
Q: When can we expect the clean break from mining and how might that affect valuation or multiple?
The shift away from mining is driven by economics and feasibility, with ongoing emphasis on scaling AI and cloud/co-location, which should support a re-rating as the business demonstrates durable, scalable revenue streams and a clear path to monetizing retrofit projects like NC1.

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Frequently Asked Questions About Power Analysis

What is Power Analysis about and what kind of topics does it cover?

Power Analysis focuses on the economics, technology, and policy surrounding Bitcoin mining and related compute infrastructure. Episodes regularly dissect mining company strategies (M&A, capex, Power purchase agreements, and asset-backed models), updates on HPC/AI deployments, energy sourcing, and financing mechanisms shaping scale and profitability. The show frequently features senior executives and operators from mining firms and technology partners, providing both market context and operational detail. Unique angles include behind-the-meter energy strategies, large-scale data-center development, and the pivot from pure mining to compute-enabled ecosystems, which can offer listeners practical takeaways on capital efficiency, risk managemen... more

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1. The Pomp Podcast
2. The Compound and Friends
3. Coin Stories with Natalie Brunell
4. The Wolf Of All Streets
5. All-In with Chamath, Jason, Sacks & Friedberg

How many episodes of Power Analysis are there?

Power Analysis launched 2 years ago and published 588 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on Power Analysis?

Recent guests on Power Analysis include:

1. Matt Prusak
2. Mohammed Bakhashwain
3. Charlie Brady
4. Stephen Ellis Q
5. Jason Lez
6. John Belazer
7. Sheldon Bennet
8. Steven Eliscu

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