BlocksBridge Consulting

A record-breaking 32,000+ BTC liquidated in a single quarter. 📉Public bitcoin miners have sold more $BTC in Q1 2026 than in all of 2025 combined. But this record liquidation does not tell a uniform story.The industry is fragmenting. 🧵👇

BlocksBridge's Jesse Colzani, @AdakonEnergy's Joe Dillon, @HodlTarantula and @o21solutions discussing using stranded energy for #bitcoinmining and AI/HPC at #bitcoin2026

What if #Bitcoin mining and #AI data centers are actually the same business—just at different stages of evolution? Our latest infographic (commissioned by @Bitdeer) breaks down the shared “compute stack” behind both and why the lines between them are starting to blur.

How are Bitcoin mining and HPC changing energy markets? MARA (@MARA) CEO Fred Thiel (@fgthiel) joined CleanSpark (@CleanSpark_Inc) CEO Matt Schultz (@smatthewschultz) in a panel moderated by BlocksBridge Consulting (@BlocksBridge_) Founder Nishant Sharma (@nishantsharma87). Check out the full talk here:

.@BlocksBridge_'s Jesse Colzani on the stage with @simpleminingio's Billy Boone, Rick Margerison (aka LiquidRick) and @CPowerEnergy's David Chernis talking about the coexistence of #bitcoinmining and #AI compute at #Bitcoin2026

"We plow the road." That’s how #Bitcoin miners described their role in the #AI boom at @TheBitcoinConf in Las Vegas: Not competing with AI data centers — but enabling them. @fgthiel of @MARA $MARA and @smatthewschultz of @CleanSpark_Inc $CLSK made it clear: Bitcoin isn’t just about compute. It’s grid infrastructure and mining becomes the bridge to higher-value AI infrastructure 🧵

EIF speaker @FinancialErnie on why flexible load may be one of the key unlocks for AI growth, bitcoin mining and the grid. Read the piece below, then join us in Dallas on July 23-24 for EIF. Early bird tickets are available now: energyinvestorsforum.com #AI #bitcoinmining #infrastructure

For AI and Bitcoin Investors: The Grid’s ‘Secret Sauce’ Just Got Even Sweeter theenergymag.com/news/2026-04-2… #AI #bitcoin

Excited to join these legends to discuss "Waste Not, Want Not: Using Stranded Energy for Mining + HPC" @TheBitcoinConf April 29 | Energy Stage

$AA @Alcoa is close to offloading a shuttered smelter to @NYDIG, highlighting a bigger shift: Closed aluminum plants—once victims of high power costs—are now being reborn as hubs for #Bitcoin mining and #AI. Why? • Existing grid connections • Large power capacity • Access to low-cost energy (like hydropower) In a world where new power is hard to secure, these sites are effectively “plug-and-play” for compute.

Breaking: Public bitcoin miners liquidated a record 32,000+ BTC in Q1 2026. 📉 This volume already exceeds net sales across all of 2025 combined. While @MARAHoldings, @CleanSpark_Inc, @RiotPlatforms, and @bitdeer shore up liquidity, a major divergence is forming. 🧵👇

Where does the industry go from here? 🗓️Join us at the @EIF_Global in Dallas (July 23-24, 2026) to map the next decade of power and compute. Read the full issue and subscribe for free: minerweekly.com/p/public-miner…🗞️ #BitcoinMining #EIF2026 #Energy #AI #Infrastructure #MinerWeekly

Efficiency is the new survival strategy. 🏗️Software is helping operators extract 8% to 14% better margins through automated fleet management. The industry is moving from a raw hashrate race to a battle of operational sophistication.

A record-breaking 32,000+ BTC liquidated in a single quarter. 📉Public bitcoin miners have sold more $BTC in Q1 2026 than in all of 2025 combined. But this record liquidation does not tell a uniform story.The industry is fragmenting. 🧵👇

7/7 🏗️ #Compute is being financed like #infrastructure: deployment gates, cash waterfalls, cash traps, DSCR math. #MinerFi was hardware first and it broke. Read + subscribe free for weekly insights: minerweekly.com/p/minerfi-comp…

6/7 ⚡️ Even the electric bill is part of the credit story, with mechanisms to manage power-price risk. And there are DSCR gates: about ~1.20x projected to add debt, ~1.15x to stay compliant. Risk shifts from hashprice to contracts and utilization.

5/7 💧 Cash flow is engineered too. Revenue runs through a strict cash waterfall: keep the data halls running first (power, ops), then pay lenders, then the company. If performance slips, a cash trap keeps excess cash inside the structure.

4/7 💰 That’s how you get high leverage: the borrowing base can fund ~90% of qualifying deployment capex. In exchange, lenders get control and visibility: every #GPU is tracked, mapped to a deployment, located at approved sites, with contractual access.

3/7 ✅ The key insight: lenders are not underwriting “GPUs on a PO.” Funding is earned only when the build is real: installed, tested, tied to an approved site, and customer accepted in writing. They finance ready-to-earn compute systems.

🧠⚡️ If 2021 was the year of ASIC-backed loans, 2026 might be the moment #ComputeFi grew up. @CoreWeave 's credit agreement reads like a blueprint for how Wall Street wants to finance #AI compute, like #infrastructure. 🧵👇...1/7

2/7 🧾 The basics: an $8.5B delayed-draw term loan, drawable through June 2027, final maturity March 2032. Cost of capital looks shockingly low for “new” collateral, roughly mid-single digits, with tight spreads on floating and fixed tranches.