About this episode
We trace Bitfarms’ shift from a legacy Bitcoin miner to a U.S.-focused AI and HPC builder under CEO Ben Gagnon. From selling South American sites to financing Washington and scaling Pennsylvania, we break down the assets, costs, policy context, and execution plan.• market backdrop and miner volatility• policy signals from Davos and U.S. governance• Bitfarms’ debt reset and leadership change• Riot’s approach and the defense of independence• Stronghold acquisition and PJM advantages• divesting Paraguay to lower blended power costs• Washington 18 MW design and unit economics• PUE, cooling, and northern site selection• Panther Creek phasing and financing approach• Sharon and Scrubgrass long-term pipeline• Quebec capacity and staged timelines• U.S. redomicile, board refresh, and T5 partnership• outlook for AI contracts and execution risksTake a second, smash the like button, guys. If you're not already subscribed, McNallie Money, feel free to join. Let us know in the comment section below if you're currently holding shares of Bitfarms and how you're feeling about this company as we enter 2026!Anthonys 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 - powermininganalysis@gmail.com
