Today we are joined by Anthony Power to discuss his May mining update, “Ranking ‘mid-tier’ Bitcoin miners, by the numbers”, the effect of Ordinals on rewards and the continued importance of balance sheet management.

https://compassmining.io/education/ranking-mid-tier-bitcoin-miner/

Anthony Power: https://twitter.com/cazenove
Will Foxley: https://twitter.com/wsfoxley

TIMESTAMPS:
00:00 Start
02:14 Top miner update
08:53 This month's narratives
17:13 Hut 8 production
23:04 Balance sheet importance
29:26 Mid-tier miner ranking
37:42 Miner margin table
43:01 Direct Cash Cost per BTC
48:39 Share price growth
50:13 Rankings

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