Cipher, IREN and more bitcoin mining stocks get after-hours boost on Nvidia's blowout Q3 earnings https://t.co/sl1WWYHCbT ...

Core Insights - Developers are facing a critical need for access to electricity, which presents an opportunity for bitcoin miners to provide assistance in this area [1] Group 1 - The demand for electricity among developers is increasing significantly, creating a potential partnership with bitcoin miners who have the capacity to supply energy [1]

New Product Launch - Auradine 发布了新的 Teraflux 比特币挖矿 ASIC [1] Efficiency Claim - Auradine 声称其 ASIC 的效率为 9.8 J/TH (焦耳/算力) [1]

Fire breaks out at Bitdeer bitcoin mining facility in Ohio, no injuries reported https://t.co/iqnMIEJiYR ...

HIVE to expand bitcoin mining capacity in Paraguay as 'one of the few BTC miners still growing hash rate' https://t.co/XpgUacet2J ...

IREN on track to $1 billion in annualized bitcoin mining revenue https://t.co/gAXZV9x8wN ...

Core Insights - IREN Limited is expected to release its fourth-quarter fiscal 2025 results on August 28, with earnings estimated at 17 cents per share and revenues projected at $193.8 million [1] Group 1: Financial Performance - IREN has seen a 24% year-over-year increase in bitcoin mining revenues, reaching $141.2 million in the third quarter of fiscal 2025, with 1,514 bitcoins mined compared to 1,347 in the previous quarter [2] - Monthly revenues from bitcoin mining for April, May, and June were reported at $50.1 million, $64.7 million, and $65.5 million respectively, with bitcoin pricing realizations increasing significantly [3] - Hardware profit increased to $49.2 million in June, up from $47.8 million in May and $36 million in April, indicating strong top-line growth and margin expansion [5] Group 2: Operational Highlights - IREN achieved a 326% year-over-year growth in hashrate, reaching its target of 50 EH/s in June, which supports an annualized hardware profit of approximately $830 million [4][8] - The company is expanding its GPU capacity with new NVIDIA Blackwell chips and the Horizon 1 data center, which is designed for AI and high-performance computing workloads [14][8] - IREN operates 660 MW of data centers and plans to expand to 910 MW by 2025, with significant projects like Sweetwater 1 and Sweetwater 2 set to energize in 2026 and 2027 respectively [13][14] Group 3: Market Position and Valuation - IREN's shares have appreciated 134.1% year-to-date, outperforming the Zacks Finance sector's return of 11.8% and its close peers [6] - The company is currently trading at a premium valuation, with a forward 12-month price/cash flow ratio of 81.93X, significantly higher than the industry average of 26.32X [10] - Despite strong growth prospects, IREN faces stiff competition from companies like Strategy and CleanSpark in the bitcoin mining market [18][19]

Industry Impact - Bitcoin mining has revitalized the local community of Rockdale, Texas [1]