What I find puzzling about this picture is why is just the nut glowing cherry red when there should be little or no current actually flowing through the nut since it is above the current path. The current should be flowing through the cable to the terminal and then to the bus bar. For the nut to be that hot would suggest that there is no or poor current path between the terminal and the bus bar and all of the current is travelling up, through the nut and into the bolt and then to the bus bar.