The gang goes over May production updates from major public miners. Plus, how many bitcoin treasury companies is too many?

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Welcome back to The Mining Pod! Today, Will, Colin and Matt talk about May mining production numbers from major players like CleanSpark, Riot, and Marathon; the explosive growth of corporate Bitcoin treasury companies following MicroStrategy's playbook; and CoreWeave’s $7 billion deal with Applied Digital. Plus, for this week’s cry corner, silver just hit a 13-year high, but it’s still only up 5% in those 13 years…

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**Notes:**

• Hash price currently around $52 per petahash/day

• CleanSpark mined 694 BTC in May at 45.6 EH/s

• Riot sold 500 BTC for $51M operational costs

• Marathon holds almost 50,000 Bitcoin treasury

• Applied Digital signed $7B, 15-year AI deal

• Silver hit $36, highest since February 2012

Timestamps:

00:00 Start

01:08 Difficulty Report by Luxor

06:16 Monthly Production Figures

16:55 Fractal Bitcoin

17:30 The Bitcoin Treasury Movement

24:16 Saylor’s copycats fall behind

30:03 Applied Digital and CoreWeave

33:27 Cry Corner - Silver rips higher

37:43 Circle IPO

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THE MINING POD: Mining Stock May Updates, BTC Treasury Company Mania, CoreWeave’s $7B Applied Digital Deal

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