If you're going to be doing this regularly, I strongly suggest you buy an electric mulcher. A multi-blade system like the Talon 2200 is best. This will not powder the bark but it will very efficiently prepare the bark for the coffee grinder stage. And you'll get far more life out of your coffee grinder as it's not chopping up chunks of bark, but instead relatively fine mulched stuff.
This is some thick acacia bark after mulching:
This is after coffee grinding:
Actually.. those pictures don't adequately reflect how much better the bark is for use after coffee grinding, but trust me, it is